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Tesla’s crossover SUV is undergoing production at the company’s Fremont, California factory. There is also news of the factory going through some updates. Shareholder meeting reveals During a shareholder’s meeting, Tesla CEO Elon Musk said that the Fremont factory is being updated to boost the production of Model Y. Teslarati referred to a leaked memo…
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Japanese luxury automaker Lexus is celebrating 30 years in business and is planning to take a huge leap into the future with electrified cars. The company announced that it would be launching electrified versions of all its cars by 2025. The question which is lingering in most of the investor’s mind is whether it is…
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Elon Musk’s Twitter is a treasure trove for conspiracy hunters. The billionaire behind Tesla Motors rocked Twitter earlier this week when he said that robotaxis will be a better business than traditional EVs. Here is what he said, “To be clear, consumers will still be able to buy a Tesla, but the clearing price will…
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India is an emerging market with a rising middle class and plenty of disposable income of the new elite generation. The electronic vehicle market is trying to plant its feet in the country but when will Tesla look at this lucrative market? Tesla is not coming to India Tesla hasn’t talked about its plans of…
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It is uncommon for managers at Baillie Gifford, the largest shareholder in Tesla to speak anything about the company publicly. Elon Musk’s antics don’t make them comment on the company’s future. However, one of the managers has recently advised Elon Musk about the electric car manufacturer’s path to the future. Why was the advice necessary?…
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The Tesla Model 3 is a force to be reckoned with in the EV segment. It is giving other car manufacturers nightmares while creating an extensive and unprecedented surge in demand from the customers. Tesla is now forced to boost the overall production of its cars. It’s all about Tesla’s reputation now Investors like to…
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The Tesla Model 3 has been ranked as the no. 1 EV in the emerging Dutch market as its June sales figures beat its own March record. The growing Dutch PEV market The Dutch love their electric cars more than ever before. In June, there were 4,543 plugin registrations, marking a 196% rise year-on-year. It…
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Auto manufacturer Tesla Motors Inc. has decided to move to court to be allowed to sell cars directly to consumers. The company doesn’t intend to go through third-party car dealers, which is leading to an ugly fight in Connecticut. Tesla Motors has long been harassed by dealers The Connecticut Automotive Retailers Association (CARA) wants to…
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A former employee of Tesla Motors has admitted to stealing the Autopilot source code of the company and uploading it to his iCloud. He later took the code to the Xiaopeng Motors, a Chinese startup. Former Tesla engineer admits wrongdoing Guangzhi Cao was formerly working as an engineer in Tesla and admitted to court this…
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In the US, Tesla Motors is making great inroads into the EV sector by bringing classy and sophisticated designs, far away from the typical compact hatchback tradition that big-ticket manufacturers follow. Tesla Motors’s growing popularity and sales figures are enough to unnerve its larger competitors. Ford, for instance, wants to unveil its first-ever fully electric…
