The newest version of the Model 3 is now in production. First VINs (Vehicle Identification Numbers) have started to come in for the Model 3 Mid Range aka Model 3 MR. VINs are assigned to cars after the car enters production. First deliveries are expected next week. The Model 3 Mid Range was nicknamed ‘Lemur’ after Elon’s… Continue reading Tesla Model 3 Mid Range Production Now Underway
Month: October 2018
Elon Musk Buys $10M Worth of Tesla Stock
Tesla Chief Executive Elon Musk has purchased around $10 million worth of additional shares in the company and may grab another $20 million in stock soon, according to a regulatory filing. The filing shows that Musk purchased 29,844 shares of Tesla worth $9.997 million in open market transactions. He now owns about 20 percent of… Continue reading Elon Musk Buys $10M Worth of Tesla Stock
Kia Niro EV Pricing Announced For Norway
…but only 2,000 are to be delivered to Norway in 2019? Kia announced in Norway that the upcoming e-Niro will start at 377,400 NOK (€39,590 / $44,940), which is not as affordable as one would’ve hoped. Bjørn Nyland noted that the price difference to the Hyundai Kona Electric is about 12.5% higher and because both models… Continue reading Kia Niro EV Pricing Announced For Norway
Tesla Accelerates Plans in China as Millions of EVs Hit the Streets
With more than 200,000 vehicles sold to date and an exciting product pipeline that ranges from semis to sports cars, Tesla is truly creating an electric vehicle revolution in the U.S. But, it seems China may be the market that gives the biggest shove to gas burning vehicles and helps accelerate global EV adoption. With… Continue reading Tesla Accelerates Plans in China as Millions of EVs Hit the Streets
Daimler CEO Says Automaker Is Still Open To Working With Tesla
Daimler’s 2009 investment in Tesla was crucial. Dieter Zetsche – in one of the latest interviews – was asked about Daimler‘s $50 million investment in Tesla in 2009 and later sales of shares for some $780 million in 2014. The move apparently saved Tesla from bankruptcy (other investors followed Daimler at a later stage) and fruited… Continue reading Daimler CEO Says Automaker Is Still Open To Working With Tesla
Tesla Semi First Deliveries Set For 2020, Or Maybe Late 2019
Tesla Semi to be launched in late 2019, but more likely expected in 2020. NFI Industries (a third-party logistics provider) is closely watching manufacturers of electric trucks as the Tesla Semi unveiling sparked a lot of interest from shippers – “Tesla effect”. NFI Industries vice president of fleet services James O’Leary said: “Nobody in North America… Continue reading Tesla Semi First Deliveries Set For 2020, Or Maybe Late 2019
Tesla Releases Parts Catalog for All Models
Tesla hasn’t made it easy on the shade tree mechanic to perform simple maintenance on their car, but it seems that may be changing. The automaker just released a parts catalog with all parts for all of its cars – from first-gen Roadster to Model 3. The release also includes thorough documentation, such as detailed… Continue reading Tesla Releases Parts Catalog for All Models
Tesla Model 3 Performance With Upgrade Package Now Just $64,000
Performance Upgrade is now standard equipment. The fully equipped Tesla Model 3 Performance becomes $5,000 cheaper as Tesla included the $5,000 Performance Upgrade package as standard equipment in its top-of-the-line version. The base price still starts at $64,000, but that’s a far more attractive price than the $69,000 previously after selecting the Performance Upgrade. It… Continue reading Tesla Model 3 Performance With Upgrade Package Now Just $64,000
Tesla Model 3 Production Estimated At Above 110,000 Units
More than 110,000 people are apparently driving in a Tesla Model 3. Bloomberg’s Tesla Model 3 Tracker indicates that production of the Tesla Model 3 exceeds 110,000 and today stands at 111,968 since August 2017. Despite the progress, the estimation tool still shows that the average production rate is below 5,000 a week, currently at 4,579.… Continue reading Tesla Model 3 Production Estimated At Above 110,000 Units
Report: SpaceX Seeks $500M Loan
SpaceX is seeking a $500 million loan to support programs including the Starlink internet satellite constellation and the BFR rocket, according to a report from Bloomberg. Goldman Sachs is leading the talks with potential investors, the report said. SpaceX’s valuation has reportedly climbed to about $28 billion as it’s proved to be a dependable vehicle for… Continue reading Report: SpaceX Seeks $500M Loan