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Tesla Offers One-Month Trial of Driver-Assist Technology

Electric vehicle maker Tesla is set to offer a one-month free trial to U.S. customers of its driver-assist technology, Full Self-Driving (FSD), CEO Elon Musk announced on Monday. "All U.S. cars that are capable of FSD will be enabled for a one-month trial this...

Tesla to Increase Model Y Price in Europe

Electric vehicle (EV) manufacturer Tesla is set to raise the price of its Model Y EVs in multiple European countries on March 22. The company announced on its official X account that it would increase the price by 2,000 euros (approximately $2,177). This will...

Tesla Slashes Prices in China in Sales Push

Tesla announced on Wednesday that it has slashed the prices of its Model S and Model X cars in China by as much as 6.9%. This comes after concerns emerged about the EV maker's profit margin in the Chinese market. A post from Tesla on...

Tesla Stock Surges After Giga Austin Plant Produces the First Cybertruck

Electric vehicle maker Tesla announced on Sunday that their production facility in Giga Austin made the first Cybertruck pickup. The news caused the company’s shares to its highest mark in almost a year. Tesla unveiled Cybertruck back in November 2019 and received 250,000 preorders in...

China’s Car Sales Fall in June, Diluting Tesla’s Market Share

China experienced a 2.9% drop in car sales in June compared to the previous year, data from the China Passenger Car Association (CPCA) revealed on Monday. 1.91 million vehicles were sold last month. Despite this drop, car sales for the first half of 2023...

Tesla to Use New Batteries in Semi-Heavy Electric Trucks and Affordable Vehicle

Tesla Inc revealed on Thursday its plan to use cheaper, iron-based batteries in its semi-heavy electric trucks as well as a new affordable electric car. Chief Executive Elon Musk has long stood behind the decision to use cheaper lithium phosphate (LFP) battery technology, announcing...