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To meet a goal of raising production to 500,000 vehicles by 2018, Tesla Motors is going to need billions, and will likely have to sell stock yet again. According to an analytical look by Automotive News, the automaker which is promising the Model 3 by late 2017, must run the risk of diluting its share […]

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Elon Musk’s Hyperloop concept has turned into a railcar company that just raised $80 million in funding and conducted a test in North Las Vegas. Hyperloop Technologies Inc., which was recently renamed Hyperloop One, has closed an $80 million Series B funding round. The company also secured development partnerships with several investment and engineering firms. […]

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In a long write-up about a behind-the-scenes view of its photo shoot at Tesla’s Gigafactory, Motor Trend says the Model 3 is to be taken seriously. The car since its reveal in pre-production prototype form three weeks ago has captured the attention of many with around 400,000 or more reservations, and MT offered its opinion […]

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In 2013 Tesla’s Model 3 – then “Model E” – was tentatively projected to be revealed January 2015 in Detroit, last May CEO Elon Musk tweeted it would be shown March 2016, and indeed it will be he said again last week – for the most part. “The first pictures of the Model 3 will […]

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During a recent speech at a French university, Tesla CEO Elon Musk made his case for why governments need to impose a revenue-neutral carbon tax. Removing hidden subsidies and imposing a fee on carbon, Musk told audience members at public research school Pantheon-Sorbonne University in Paris, France, will hasten the switch from fossil fuels to […]

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In addition to announcing plans to build up to 94,000 vehicles next year, Tesla released another lofty goal during its third quarter earnings conference call. CEO Elon Musk said the company is now working to increase drivetrain durability with the aim of building a unit that “never wears out.” Previously, Tesla had been targeting about […]

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Though last week’s software update has unlocked “autopilot” capabilities on newer Tesla Model S sedans, some countries have yet to give the technology the green light. Included in the 7.0 software update is a new user interface with a range of self-driving features. These allow any capable Model S to steer itself down the highway, […]

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After testing autosteering and other self-driving functions on a limited number of Model S sedans, Tesla announced that the company is rolling out a full update this week for all its vehicles. The 7.0 software update will expand the self-driving abilities of all Tesla vehicles built since September 2014, giving them the ability to steer […]

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In a recent interview, Tesla CEO Elon Musk downplayed the number of ex-Tesla employees that now work for Apple, saying those were engineers Tesla no longer wanted. “Important engineers? They have hired people we’ve fired,” Musk said of Apple in an interview with German newspaper Handelsblatt, as reported by Apple Insider. “We always jokingly call […]

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Tesla CEO Elon Musk posted a mysterious series of tweets last Friday, including one referencing a Tesla Model Y. Just as puzzling, he later deleted them. In the Twitter conversation, a Tesla fan asked if the Model 3 crossover will have falcon wing doors, similar to the configuration on the Model X. “There will be […]

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