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ElectricHertz to Reduce EV Fleet by an Additional 10,000 Cars
Rental car giant Hertz had bold plans to electrify its fleet, ordering no fewer than 100,000 cars to Tesla back in 2021. But three years later, the harsh reality of the EV market in the U.S. is hitting the company big time. In January, we told you that Hertz would …
ElectricElon Musk Confirms Supercharger Expansion Despite Firing Team
After announcing it would lay off 10 percent of its global workforce in mid-April, Tesla this week decided to fire its head of new products as well as the senior director of its Supercharger team, along with everyone reporting to them. Around 500 people are affected. The automaker informed employees …
ElectricTesla Drops New Model 3 Prices by $3,000 in Canada
Tesla didn’t waste too much time adjusting the prices of the refreshed and improved 2024 Model 3 . Customers will rejoice, except obviously those who ordered one in the past couple of months. You see, the single-motor Model 3 RWD now carries a base MSRP of $50,990 instead of $53,990, …
ElectricTesla Accelerates Plans for a More Affordable EV
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV. Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, …
ElectricNew Tesla Model 3 Performance Debuts With Adaptive Damping, Track Mode
Tesla has finally introduced the Performance variant of the updated 2024 Model 3 , calling it “a perfect, high-performance daily driver.” We’ll start with the newly tuned chassis, which includes the first use of adaptive dampers on a Model 3. Three modes can be selected—Standard, Sport and Track. The multi-sectioned …
NewsTesla to Recall Nearly All Cybertrucks in the U.S. Over Acceleration Defect
Tesla is recalling 3,878 Cybertruck vehicles because of a defect that can cause unintentional vehicle acceleration, increasing crash risk, according to a US notice posted this week. Tesla notified the National Highway Traffic Safety Administration on April 17 of the condition in which the accelerator pedal may become trapped on …
ElectricTesla Announces Big Software Update Coming This Spring
Tesla has announced a big software update that it plans to roll out in the coming weeks, without being more specific about timing. Here’s what’s in store. First, as you can see on the picture above, the user interface will be revised on Model 3 and Model Y vehicles built …
NewsTesla to Cut Over 10 Percent of Global Workforce
Following a drop in deliveries in the first quarter of 2024, and with the growth in EV demand slowing considerably, Tesla is planning to slash its global workforce by more than 10 percent. CEO Elon Musk warned employees in a company email that has since surfaced online. “We have done …
NewsTesla's Q1 Deliveries Fall 8.5 Percent, Shares Drop Sharply
Tesla reported an 8.5 percent drop in first-quarter auto deliveries, missing estimates from leading analysts and weighing on shares. Elon Musk's auto giant reported 386,810 deliveries over the period, reflecting in part a weak sales market in China, where it faces heavy competition from local electric vehicle (EV) makers. The …
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