At this point, it seems legacy automakers are playing catch-up with Tesla. But Tesla isn’t resting on its laurels either. Traditional OEMs might have a hard time bridging the gap between themselves and a target that is continuously innovating. Read More
Ideanomics Inc. announced Wednesday that its subsidiary Mobile Energy Global (MEG) has selected several manufacturers to fulfill its sales orders for electrical vehicle taxis in China. MEG taps manufacturers including Tesla to fulfill orders for EV taxis in China. Read More
Tesla lowered the price for its Models S, 3, and X models in North America. Tesla China also reduced the price for its imported Models S and X. Read More
Tesla (TSLA) reported an impressive total deliveries up 40% YoY in its Shareholder's Letter for Q1 2020. This is the third quarter in a row that the company’s positive results play an important role and support Tesla’s key role in future mobility. Read More
Tesla reported an impressive gross margin of 25.5% in its Shareholder's Letter for Q1 2020. According to EV automaker, its gross margins remained strong despite the temporary suspension of the Fremont factory. Read More
Tesla’s long road to 1 million electric vehicles was depicted in a YouTube video recently. Read More
Two days ago, Tesla China officially announced the launch of its “Zero contact test drive” service through Weibo. From March 2 to March 15, users can sign up for a test drive through the official hotline and phone numbers of local stores. After booking, customers can go to the experience store and use the “Zero contact test drive” service. Currently, the service is launched in Beijing and Shanghai. Read More
The Tesla Model 3 outsold the Toyota Corolla and Honda Accord in California. Tesla’s most affordable sedan beat Toyota and Honda’s in sales despite its higher price tag in the Golden State, which reveals a lot about California and the impending electric disruption brought about by the Model 3.