In what can easily be described as a monster earnings surprise, Tesla yesterday posted a quarterly profit to the tune of $1.91 per share. In the build-up to Tesla’s earnings report, analysts were anticipating the EV company to post a loss in the range of $0.24 per share. Naturally, shares of Tesla quickly skyrocketed and …
Early last week, Consumer Reports published their Model 3 review and relayed some interesting findings about Tesla’s mass-market EV. Though CR found many things to like about the Model 3, it was unable to give the car a passing grade due to a number of performance and quality control issues. Most prominently, CR found that …
Consumer Reports had a lot of positive things to say about Tesla’s Model 3 but ultimately couldn’t give the car a passing grade due to a number of glaring performance issues. Most notably, CR found the Model 3 needs upwards of 152 feet to come to complete stop when traveling at 60 MPH, a distance …
CBS earlier today released another snippet from its forthcoming interview with Tesla CEO Elon Musk. As expected, much of the interview seems to center on the company’s current struggles with Model 3 production, with Musk explaining that the saga has been “incredibly difficult and painful over the past several months.” While current Model 3 production …
Without question, Tesla should be appropriately lauded for single-handedly kickstarting the EV revolution. With the release of the Model S a few years ago, Tesla unequivocally demonstrated that it’s possible to develop a high-performance luxury sedan that doesn’t overtly look like a stereotypically clunky EV. With Tesla riding high on the success of the Model …
Like the Model S and Model Y before it, Tesla’s ballyhooed Model 3 has been beset with production delays. Due to some manufacturing bottlenecks, Tesla last quarter only managed to manufacture 260 Model 3 units, a figure far below the 1,500 units Tesla initially projected early on. In fact, the manufacturing issues plaguing the Model …
Truth be told, it’s not terribly surprising that Tesla’s production timeline with respect to the Model 3 is way behind schedule. Tesla, after all, has consistently missed production deadlines going all the way back to the Roadster. In fact, every vehicle Tesla has ever released has experienced production delays. And though the easier-to-manufacture Model 3 …
When Apple introduced ARKit at WWDC this year, it was clear that the new development platform was going to be big. Even so, some of the early demos and proof-of-concept videos developers have churned out over the last month have been absolutely mind-blowing. Looking back, Tim Cook’s unbridled enthusiasm for augmented reality now makes a …
As we inch closer towards Model 3 mass production, still slated to begin in July, the number of Model 3 sightings out in the wild continue to roll in. Most recently, an eagle-eyed Tesla enthusiast spotted a brand new silver Model 3 near Tesla headquarters this week. The silver Model 3 spotting comes just a …
A new research note from Morgan Stanley analyst Adam Jonas claims that Tesla’s upcoming Model 3 will provide a level of safety that other car manufacturers will simply be unable to match. Hardly a shocking assertion, Tesla has been obsessed with driver safety for years now. Tesla’s Model S, for example, was famously the first …
