tesla

Tesla’s Model 3 will sire an affordable EV range

Tesla’s Model 3 will sire an affordable EV range

Tesla's new Model 3 EV will spawn a new sedan and crossover, the company has confirmed, as it readies its defenses against car industry stalwarts. The Model 3, expected to hit roads in 2017, will be the first car to use Tesla's third-generation platform, intended to be more affordable than the current second-gen platform that the existing Model S is based upon.

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Tesla Powerwall batteries gain power output

Tesla Powerwall batteries gain power output

Back in May electric automaker Tesla announced that it was rolling out a battery designed to power a home called the Powerwall. The battery comes in two versions with one being a whole home power back up used to feed energy back into a home or business at times where power is out and the other being for daily use to power a home when power rates are at their highest. The idea is that the battery can be fully charged at night when rates are at their lowest and that power can be used in the day to save money.

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Mercedes to challenge Tesla in home power storage batteries

Mercedes to challenge Tesla in home power storage batteries

The last major announcement from Tesla was last month when it unveiled its Powerwall batteries for home energy storage. The idea is that the battery can store power from the electrical grid when power is cheaper and then feed that juice back into the home in an outage or when rates are at their highest. Mercedes isn’t going to allow Tesla to get all the home battery market and has thrown its hat into the ring.

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Tesla’s direct sales hopes dashed in Texas

Tesla’s direct sales hopes dashed in Texas

Tesla Motors goes the direct sales route, which involves it selling its cars directly to consumers rather than dealerships selling them. This is said to be necessary, according to Tesla, for a variety of reasons including proper consumer education on what the maker's cars are all about. It has encountered a lot of opposition from the industry for this, however, and in many instances has had to undergo legal battles to continue with its direct sales efforts. Texas, again, has proven most difficult.

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FTC chides Michigan for banning direct-to-consumer vehicle sales, like Tesla

FTC chides Michigan for banning direct-to-consumer vehicle sales, like Tesla

The FTC has come out defending auto manufacturer's right to direct-to-consumer sales. The regulatory agency claims this is much bigger than Tesla, which has been getting all the press from forgoing dealerships and selling its electic vehicles directly to consumers, aggravating conventional manufacturers. The FTC's latest post is a direct comment on Michigan's new, legislation which has yet to be passed.

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Tesla aiming for $35k Model 3 unveiling in March 2016

Tesla aiming for $35k Model 3 unveiling in March 2016

While Tesla and its all-electric Model S seem to be getting lots of attention within the auto industry these days, the cars are not easily affordable, starting around $75,000 before rebates and tax credits. That's about double the $33,500 that Kelley Blue Book says is the average price of a new car in the U.S. But that doesn't mean Tesla and founder Elon Musk aren't planning to go head-to-head price-wise with Honda Accords and Toyota Camrys, in fact the company stated earlier this week that they are targeting a March 2016 unveiling for their next vehicle, the Model 3.

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Musk: Tesla isn’t losing engineers to Apple (it’s the opposite!)

Musk: Tesla isn’t losing engineers to Apple (it’s the opposite!)

Earlier this year, rumors surfaced Apple was working on some sort of automotive project. Some believed it was an autonomous car; others felt it was more CarPlay related than anything else. While those rumors have (mostly) subsided, the idea is still there. Part of the rumor mill involved Tesla losing bunches of engineers to Apple, conjuring tales of a troubled Tesla. Speaking after Tesla’s earnings report yesterday, CEO Elon Musk said his company hasn’t lost many employees to Apple at all. In fact, they’re the ones taking Apple employees away from Cupertino.

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Elon Musk: Tesla home batteries “basically sold out” through mid-2016

Elon Musk: Tesla home batteries “basically sold out” through mid-2016

After speculation of such, Tesla recently introduced home batteries as part of its Tesla Energy division. These Powerwall (residential) and Powerpack (industrial) batteries, as they're called, are Tesla's way of ushering in a new future of sustainable energy, and they provide an enticing opportunity for those who may have otherwise been hesitating about switching to solar energy. During the Tesla earnings call today, company CEO Elon Musk touched on the topic of batteries, saying that the company has “basically sold out” the product all the way through the middle of next year.

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Tesla begins selling used cars at discount prices

Tesla begins selling used cars at discount prices

While news on Tesla has been dominated by their new Powerwall home battery system this last week, the company made a small change to its primary business of automobiles. If you find yourself in the market for one of Tesla's flagship electric cars, you will now find the option to purchase a used model when shopping on their website. This marks the first time the company has given customers the chance to buy a pre-owned Tesla, and prices can be several thousands less than brand-new models, despite the used ones being no more than 2 and half years old.

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