Tesla Posts Record Revenue for Q3

Tesla’s third-quarter earnings report showed record revenue for the electric automaker. According to the Q3 update: Revenue – Total revenue grew 57% YoY in Q3. This was primarily achieved through growth in vehicle deliveries, as well as growth in other parts of the business. At the same time, vehicle ASP declined by 6% YoY as… Continue reading Tesla Posts Record Revenue for Q3

Tesla China Hits Record Deliveries in September

Tesla’s vehicle sales in China hit a record in September, according to data from the China Passenger Car Association. The automaker delivered about 56,000 units last month, accounting for a total of over 133,000 Shanghai-produced cars in Q3. According to the agency, Tesla sold 33,033 Model Y units and 19,120 Model 3 units. For comparison, Tesla sold… Continue reading Tesla China Hits Record Deliveries in September

Tesla’s FSD Beta 10.2 Coming This Friday

The next update to Tesla’s FSD Beta will be available to qualifying drivers on Friday, Chief Executive Elon Musk said. Version 10.2 will be rolled out to about 1,000 Tesla owners who have requested access and achieved a perfect Safety Score. Version 10.1 offered an option to request access to the FSD Beta software. The… Continue reading Tesla’s FSD Beta 10.2 Coming This Friday

Inspiration4 Returns, Sets Precedent for Private Citizens to Experience Space Travel

SpaceX’s Crew Dragon capsule carrying four private citizen astronauts splashed down Saturday, completing the historic Inspiration4 mission. Over the years, SpaceX has proven the reliability and reusability of its Falcon9 rocket. In the past year, the company has also been successful in carrying humans into space. SpaceX has now returned astronauts from space three times.  Video… Continue reading Inspiration4 Returns, Sets Precedent for Private Citizens to Experience Space Travel

FSD Beta 10 Rolls Out to Testers

Tesla has rolled out FSD Beta 10 to testers, which have been offering their reviews of the advanced self-driving system. The latest version of FSD was delivered with software update 2020.24.15. Early reviews were positive, saying that the self-driving system is noticeably smoother than the previous version. FSD Beta Tester AI Addict posted a video… Continue reading FSD Beta 10 Rolls Out to Testers

Rivian Files for IPO Targeting $80 Billion Valuation

Electric vehicle upstart Rivian has filed for an initial public offering that would value the company between $70-80 billion. The company is currently pursuing two segments, electric delivery vans for companies like Amazon, and an electric pickup and SUV aimed at adventure seekers. While Amazon currently has Rivian vans in operation, the consumer vehicles have… Continue reading Rivian Files for IPO Targeting $80 Billion Valuation

Tesla’s 200 MPH Four-Door Sedan Makes Debut

The Tesla Model S Plaid, the most powerful Tesla ever built, was debuted Thursday at a flashy event at the company’s test track near its Fremont factory. Tesla revealed the Model S Plaid has a range of 405 miles per charge, considerably more than the 390 miles originally announced. It will also have a Supercharging speed… Continue reading Tesla’s 200 MPH Four-Door Sedan Makes Debut

Tesla Filing Shows Plans for Restaurants

Elon Musk has talked about a Tesla diner for years and now it seems the company is moving closer to making it a reality. Filings by the electric car company last week with the U.S. Patent and Trademark Office indicate Tesla is considering “restaurant services, pop-up restaurant services, self-service restaurant services, take-out restaurant services.” The applications… Continue reading Tesla Filing Shows Plans for Restaurants

Musk Says Roadster Acceleration Will Be Like a ‘Hardcore Roller Coaster’

The upcoming Tesla Roadster may be able to go 0-60 mph in 1.1 seconds. Tesla Chief Executive Elon Musk replied to a question on Twitter asking if the electric sports car would be able to achieve such incredible acceleration. Musk said yes, but only if the car is equipped with a rocket thruster option.  Musk… Continue reading Musk Says Roadster Acceleration Will Be Like a ‘Hardcore Roller Coaster’