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Tesla

Few to Pay $35K for Tesla's Model 3

Tesla handed over the first 30 Model 3 battery-electric sedans to customers during a July 28 handover event at the company's Fremont, Calif., factory and pricing for most buyers will be significantly more than the $35,000 initially announced.

Tesla to Start Model 3 Production

Tesla will begin building its Model 3 on Friday with a goal of producing 20,000 cars in December as it competes with the Chevrolet Bolt EV to offer an affordable battery-electric car with enough range to stoke wider EV adoption.

Ford Named Autonomous Driving Leader

Ford has become the leading company in the development of automated driving systems, followed by General Motors, the Renault-Nissan Alliance, and Daimler, according to a new report from Navigant Research.

Tesla Discontinues Base Model S

Tesla will discontinue its entry-level Model S 60 and all-wheel 60D sedans that carry a $68,000 price point, and will sell the 75 and 75D sedans that retail for at least $74,500 as the entry models, the company announced in a letter to owners.

Tesla Raises $1.2B to Bolster Model 3

Tesla has sold $1.2 billion in common shares and convertible senior notes to support the roll-out of the Model 3, the Palo Alto company announced.