Mar 22, 1:04 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Business By Arthur Villasanta 03/22/19 AT 12:28 AM It seems China has gone mad over the Tesla Model 3.A month after the first arrivals in China of the Model 3 was greeted with a mania befitting a touring boy band, proud owners of this battery electric vehicle are flooding the six Beijing offices of the Motor Vehicle Administration (MVA), China's equivalent of the U.S. DMV (Department of Motor Vehicles).A barrage of posts on social media platforms such as Sina Weibo report the same thing -- owners of Tesla Model 3s descending in droves on MVA offices and wanting to get their license plates now.One social media post dated March 20 said this about the arrival of the Model 3s: “Hi @elonmusk , u just created a huge problem for the Chinese DMV. Many #Tesla r waiting in line to get license plates this morning (9am, not even pike [sic] hrs yet), this is only 1 of the 6 … [Read more...] about Tesla Model 3 Owners Flood Beijing MVA For License Plates
Tesla model 3 release date
Previous Next 1 of 15 Polestar — the performance-oriented luxury brand recently created by Volvo parent company Geely — unveiled its second and most significant model online. It named its first car 1, so few will be surprised to learn that its second car is called 2. Luckily, this battery-powered sedan is shaping up to be much more captivating than its unimaginative name suggests. The Polestar 1 evolved from a Volvo concept car, and it packs a high-performance plug-in hybrid powertrain rated at approximately 600 horsepower. The 2 also traces its roots to a recent Volvo-badged design study, but it stands out as the first series-produced electric car sold by the group. Built on a modular platform, it receives a 78-kWh, lithium-ion battery pack that holds enough electricity to deliver about 275 miles of range, and its two electric motor zap the four wheels with 408 horsepower and 437 pound-feet of torque. That’s enough power for a quick, … [Read more...] about Google and Volvo helped Polestar craft its answer to the Tesla Model 3
Feb 26, 1:43 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Lorraine Lorenzo 02/26/19 AT 1:23 AM Tesla CEO Elon Musk said last year that the Model Y might be unveiled in March 2019, but how close are we to the reality of this happening?The billionaire gave Tesla fans a clue on when the company is launching the much-awaited crossover SUV in a series of tweets in March last year. One Twitter user asked, “While you're here how about a date on the Model Y unveiling?” Musk directly responded with the date March 15. He then gave some vague statements before ending his series of tweets with a clearer response.“But consider it real. We could unveil Model Y anytime from late this year to mid next year, so March 15 is about right,” Musk said in a tweet.Although there have been no other statements about the Tesla Model Y launch date after that, Musk shared earlier this month that the company … [Read more...] about Tesla Model Y Release Date: Will Elon Musk Make Good On His Statement Last Year?
Feb 04, 10:39 PM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Jerome Santos 02/04/19 AT 10:12 PM Tesla CEO Elon Musk has announced that preparations for the production of the company's new SUV, Model Y, has now begun. Other than simply introducing the new vehicle, Musk also predicted this vehicle line’s success upon release. Here’s what we know about this bold announcement.According to CNN, Tesla will begin production of the Model Y SUV this coming 2020. So far, this is the second shot of the car company at making SUVs. However, Musk already seems to be confident about its success. “The demand for Model Y will maybe 50% higher than Model 3, could be even double,” Musk told investors during a conference last week.Based on Musk’s figures, the Model Y is a valid contender against the leading SUV in sales, the Toyota Rav 4, in the U.S.Previously, Tesla dabbled with SUVs with … [Read more...] about Tesla Model Y Release Date, Features: Elon Musk Predicts Best-Selling SUV Milestone
Graham Rapier, provided by Published 6:26 am PDT, Tuesday, October 2, 2018 Tesla Tesla's third-quarter vehicle deliveries topped its own guidance and Wall Street expectations on Tuesday. Total vehicle deliveries also topped analyst expectations. Follow Tesla's stock price in real-time here. Tesla delivered 55,840 Model 3 sedans in the third quarter, it said Tuesday, topping its own guidance of 52,425 and Wall Street's expected 55,600. Total vehicle deliveries came in at 83,500, also beating both the company's forecasts and analysts' expectations. Shares of Tesla rose about 1.5% early Tuesday following the announcement. "In Q3, we were able to significantly increase Model S and X deliveries notwithstanding the headwinds we have been facing from the ongoing trade tensions between the US and China," the company said in a press release. "Those trade tensions have resulted in an import tariff rate of 40% on Tesla vehicles versus 15% for other imported cars … [Read more...] about Tesla Model 3 deliveries top Wall Street expectations (TSLA)