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The current base model Tesla Model S will soon be discontinued. The move has been expected with the introduction of the Model 3, but now Tesla has confirmed to Electrek the rear-wheel-drive Model S 75 will be axed Sept. 24. Currently, the entry-level Model S starts from $70,700 including destination, but once it’s gone that […]

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Despite the fact that Tesla Motor’s current models are all offered at luxury-vehicle pricing, executives with the carmaker want critics to stop labeling it as an elite brand. After all, explained Tesla executives, it has only been through these higher priced models that the upcoming, affordable Model 3 will be possible. “We have a business […]

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Aswath Damodaran, a New York University finance professor reputed to have predicted Apple’s peak, and Facebook’s low point has said in his blog that Tesla’s stock (TSLA) is presently overvalued by $100. In making his assertions, Damodoran has reportedly received angry comments from people betting on Tesla. Last week the stock rose into the low […]

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