The wait is over – Tesla is now selling a $35,000 all-electric sedan. The announcement was teased by Elon Musk is recent days and Tesla made the budget Model 3 available for order Thursday afternoon. The Standard Range base model will start at $35,000, travel 220 miles on a single charge, hit a top speed… Continue reading Standard Range Model 3 Now Available for $35,000
Month: February 2019
Report: Tesla Securing $2B Loan for Gigafactory 3
Tesla is seeking $2 billion from Chinese lenders for its Gigafactory 3 in Shanghai, according to research from JL Warren Capital. Backers lined up for the financing include Shanghai Pudong Development Bank, Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China. About $500 million of Tesla’s new capital will go… Continue reading Report: Tesla Securing $2B Loan for Gigafactory 3
Crew Dragon Test Flight Planned for Saturday
SpaceX’s Crew Dragon capsule is scheduled for a first test flight this weekend. It’s an important step toward the company’s goal of transporting humans to space. The flight is scheduled for 2:49 a.m. ET Saturday from Cape Canaveral, Florida. The Crew Dragon capsule will launch atop a Falcon 9 rocket and fly to the International… Continue reading Crew Dragon Test Flight Planned for Saturday
Musk Says ‘News’ Coming at 2 p.m. PT
Tesla Chief Executive Elon Musk on Wednesday changed his Twitter name to “Elon Tusk” while announcing that he would share “news” at 2 p.m. PT on Thursday. Not surprisingly, the tweet excited Tesla watchers who began speculating on what could be announced. Thursday 2pm — Elon Musk (@elonmusk) February 27, 2019 Some Tesla news —… Continue reading Musk Says ‘News’ Coming at 2 p.m. PT
BMW, Daimler Partner on $1B Program for All-Electric On-Demand Transportation
German carmakers Daimler and BMW are teaming up on a ride-hailing, parking and electric car charging business, the companies announced last week. The companies said they plan to invest more than 1 billion euros ($1.13 billion) to grow the venture, which will challenge companies like Uber. It’s notable that the companies would expand beyond building… Continue reading BMW, Daimler Partner on $1B Program for All-Electric On-Demand Transportation
SpaceX Rocket Deploys Israeli Lunar Lander
[vc_row][vc_column][vc_column_text]SpaceX successfully launched and landed a Falcon 9 rocket Thursday night. The rocket carried a triple payload: Indonesia’s Nusantara Satu satellite, a US Air Force Research Laboratory satellite, and a $100 million lunar lander from SpaceIL, an Israeli nonprofit. SpaceIL’s “Beresheet” mission was started by a Google Lunar X Prize team and backed by the Israeli-South… Continue reading SpaceX Rocket Deploys Israeli Lunar Lander
Consumer Reports Pulls Model 3 Recommendation
Consumer Reports has pulled its recommendation of the Tesla Model 3, citing reliability issues and customer complaints about fit and finish. “While Teslas perform well in Consumer Reports’ road tests and have excellent owner satisfaction, their reliability has not been consistent, according to our members, which has resulted in changes to their recommended status,” Jake… Continue reading Consumer Reports Pulls Model 3 Recommendation
Tesla General Counsel Quits After Two Months
Tesla’s top lawyer is leaving the company after just two months on the job. Dane Butswinkas, who joined Tesla in December, announced Wednesday that he will return to his legal practice at Williams & Connolly in Washington. Butswinkas’ decision to leave is because of “a poor cultural fit” at Tesla and a desire to return… Continue reading Tesla General Counsel Quits After Two Months
Rivian Scores $700M Investment Led By Amazon
Rivian, which recently unveiled prototypes of an all-electric pickup and SUV, has secured a $700 million round of financing led by Amazon. “We’re inspired by Rivian’s vision for the future of electric transportation,” Amazon CEO Worldwide Consumer Jeff Wilke said in a release. “RJ has built an impressive organization, with a product portfolio and technology… Continue reading Rivian Scores $700M Investment Led By Amazon
Tesla’s ‘Dog Mode’ Keeps Temperature Comfortable for Pets
Tesla’s latest update included a feature for man’s best friend. “Dog Mode” uses the vehicle’s sensors to keep the cabin temperature comfortable for pets that may be left in the car. The mode also shows a message on the center display telling passers-by the interior temperature and that the owner will return soon. This is… Continue reading Tesla’s ‘Dog Mode’ Keeps Temperature Comfortable for Pets