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  Tesla looking to go private with backing of Saudi fund

  14 August 2018 / 11 comments

  Elon Musk has confirmed plans to take Tesla private with the backing of a Saudi Arabian sovereign wealth fund. In a statement published on the company’s official website, the Tesla CEO also admitted that he […]

  
  

   

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  Tesla posts record revenue of USD4 billion in Q2 2018 – deliveries of Model 3 up, USD742.7 million loss

  3 August 2018 / 6 comments

  Tesla has released its financial results for the second quarter of the year (Q2 2018), and it appears the company’s efforts to keep its books in check have yielded results. While it faced USD742.7 million […]

  
  

   

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  Tesla cars will get KITT-like AI assistance – Elon Musk

  1 August 2018 / 15 comments

  This might sound silly, but Tesla boss Elon Musk has just revealed that he plans to have a KITT-like artificial intelligence system in Tesla cars. Of course, this was announced on his personal Twitter account, […]

  
  

   

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  Tesla wants refunds from suppliers to hit profitability

  24 July 2018 / 8 comments

  According to a report by the Wall Street Journal, Tesla has asked some of its suppliers to refund some of the money it had spent with them in the past in increase its profitability and […]

  
  

   

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  Tesla may lose top spot in EV market soon – Daimler, BMW, Volvo and Toyota could pull ahead by 2021

  17 July 2018 / 14 comments

  It certainly doesn’t seem like a bed of roses for Tesla right now. A forecast released by PA Consulting Group, which is a company specialising in management consulting, technology and innovation, has revealed that the […]

  
  

   

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  Tesla to build new global plant in Shanghai, China

  11 July 2018 / 7 comments

  You can credit Tesla for many things, but building enough cars to support the massive demand for them isn’t one of them. Happily, however, the electric vehicle maker is taking a big step in that […]

  
  

   

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  Tesla Model S P100DL debuts in Barcelona – first Electric Production Car Series race in November

  29 June 2018 / 5 comments

  This year marks the start of the Electric Production Car Series (EPCS), which is the main racing category of the Electric GT Championship officially sanctioned by the FIA. Ahead of the series debut in November […]

  
  

   

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  Tesla pick-up truck – Elon Musk claims dual-motor powertrain, ‘crazy torque’, up to 805 km of range

  27 June 2018 / 15 comments

  Even though Elon Musk is busy ensuring Tesla stays afloat while preparing to introduce more models, the company CEO still managed to find time to talk about yet another upcoming product, the Tesla pick-up truck. […]

  
  

   

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  Tesla Model X tows Boeing 787 Dreamliner to record

  18 June 2018 / 0 comments

  Electric automaker Tesla has taken its SUV, the Model X to the runway at Melbourne Airport in Australia for a spot of towing. As the location suggests, the payload here is an aircraft, namely the […]

  
  

   

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  Tesla to trim workforce by 9% to become profitable

  13 June 2018 / 1 comment

  Tesla has announced that it will be cutting around 9% of its workforce as part of a restructuring move to reduce cost, Autocar reports. However, CEO Elon Musk insists that the move will not affect […]

  
  

   

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