Billionaire innovator Elon Musk has confirmed that Tesla is still working on an electric semi truck, but stressed that the company's primary focus for this year will continue to be on the Model 3.
With the electric semi truck dubbed "Tesla Semii," Tesla wants to appeal to a larger audience. If the company successfully manages to place an electric semi truck in the cargo industry, then the costs of shipping can be significantly decreased globally.
Tesla CEO Elon Musk has confirmed that the e-car company is testing Autopilot safety features through a software update rolled out to one thousand vehicles that have been built with fully-autonomous hardware.
After October 2016, Tesla built its e-cars with fully-automated hardware, called "Hardware 2." The new update equipped these vehicles with the Autopilot semi-autonomous features. These vehicles will eventually become fully self-driving. The update also added a few Autopilot safety features to the vehicles.
On Thursday, electric vehicle manufacturer Tesla Motors' CEO Elon Musk closed a stock swap deal for the acquisition of beleaguered residential solar energy system installer SolarCity.
The SolarCity acquisition deal, worth approximately $2 billion, was closed by Musk after Tesla shareholders -- assembled at the company's manufacturing facility in Fremont, California -- gave their approval to the move on Thursday.
In a Monday announcement, electric vehicle maker Tesla has revealed that, with effect from January 2017, the company will give up on free charging at its international network of Supercharger stations.
The announcement implies that, from next year onwards, charging at Tesla's Superchargers will not be free any more. As such, new Tesla buyers who want to plug in their electric vehicles at the Superchargers will have to pay a fee.
Still under its developmental stage, Hyperloop, a high-speed system of depressurized tubes that will help transport people and packages have grabbed attention of the world.
It was popularized for the first time by Tesla Motors CEO Elon Musk in 2013. Though it has not been tried but in thory it can send people through the tube at a speed of up to 760 mph.
Tesla is all set to expand its presence and right now has only 215 storefronts in the global market. The company is wisely making its infrastructure expansion for selling and delivering its electric cars to likely buyers.
On Saturday, Palo Alto-based Tesla Motors said, it will start one of its "galleries" in Nordstrom at The Grove. It is a Los Angeles retail multiplex that's owned by Rick Caruso, the billionaire real-estate mogul.
In Los Angeles, the Model 3 is slated to be unveiled on March 31. According to Tesla Motors Club website, the electric vehicle is going to cost $35,000 per car. This week, the Tesla owners and fans started to get invitations for the event.
Last month, Elon Musk, Tesla's CEO tweeted that the company will start taking reservations at Tesla stores from March
- Postage Prices will Decrease from Sunday; USPS not too Happy About It
- Marriott and Starwood Hotels & Resorts Worldwide Inc Shareholders Approve to $14.41 Sales Deal
- UK plan to impose additional tax on sugary drinks
- Obesity during pregnancy may increase risk of very ‘large babies’
- Dropping Sales at Gap’s Key Brands hurt the Company’s Shares