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The Tesla Model 3 did hit the “pencils down” mark, CEO Elon Musk said during the Gigafactory media tour. Musk told reporters that the final designs for Tesla’s $35,000-and-up electric Model 3 were locked up two weeks ago. Tesla is moving forward on schedule to start producing them next summer, he said. Speaking at the […]

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While Tesla’s Gigafactory won’t officially host its grand opening until Friday in Nevada, members of the media toured the plant on Tuesday and shared perspectives ranging from being fans to skeptics. Two years after construction began, the $5 billion factory is expected to nearly double global production of lithium-ion batteries. The factory is about 14 […]

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Tesla Motors plans to expand its presence in Asia by entering the South Korea market and challenging Hyundai Motor Co. at home. The automaker has listed on its website four new positions for sales and engineering in South Korea and one recruiter for the country, who will be based in Japan. In response to an […]

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The Tesla Model X will be coming out much sooner than expected in China, according to a media report. Robin Ren, vice-president of Tesla and president of its Asia-Pacific region, told China Daily that the Model X will go on sale in China near the end of this month. That’s much sooner than the initial […]

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Elon Musk’s bold statement that Tesla Motors will produce 500,000 electric vehicles per year by 2018 has been called into question by several sources close to the issues. According to a Reuters report citing analysts and supplier executives who asked not to be identified, Tesla’s ambitious plan calling for moving up high-volume Model 3 production […]

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Tesla Motors is in talks with LG Chem, Samsung SDI, and SK Innovation about battery sourcing for its Model 3 and to diversify beyond Panasonic. Japan’s Panasonic has been the exclusive battery partner with Tesla. Tesla is talking to Korean battery makers LG Chem, Samsung SDI, and SK Innovation to diversify its battery-sourcing channels beyond […]

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Chinese electric vehicle maker BYD wants to build its brand recognition equal to what Tesla has been receiving. Advanced bookings for the recently launched Tesla Model 3 has raised concerns for better recognition of BYD’s technological leadership, said Stella Li, BYD’s senior vice president. The maker of the Qin, Tang and Song models, named after three […]

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Supplying lithium for the wildly popular Model 3 may be a hotspot for competitive bids at Tesla’s gigafactory. Tesla Motors may be stirring the pot by taking more low-cost supplier bids for manufacturing lithium-ion batteries for its upcoming Model 3 at its Nevada factory. According to a Financial Post article, Tesla recently received proposals from […]

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Tesla Motors may take a creative approach to address concerns Model 3 buyers have about the federal tax credit disappearing. While the $7,500 federal tax credit on the Model 3 would potentially bring the $35,000 starting price down to an effective $27,500, it is on course to be phasing out by the time these electric […]

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Today to correct conjecture that’s nearly been treated as fact, General Motors said its 2017 Chevy Bolt would not be production limited and is “not a compliance car.” Since last year rumors have perpetuated a notion that GM and supply partner LG Chem have production capacity of only 20,000-30,000 Bolt EVs per year, but this […]

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