Tesla China recently announced a new milestone from Gigafactory Shanghai. Less than four years since the facility started its operations, Giga Shanghai has produced its two millionth vehicle.
For many, owning a Tesla vehicle is a dream come true. But for some owners, the dream has been unpleasant, as their in-car range estimates drop much more quickly than expected. While weather and driving style are factors in any EV's range estimation, Reuters reports that the company may have manipulated its range estimates to display a figure closer to Tesla's rosier estimates than what the car could actually achieve.
NEARLY FOUR HOURS into Tesla’s marathon Investor Day, someone in the audience tried again to bring Elon Musk, the Tesla (and Twitter and SpaceX) CEO back to the present day. From a stage at the Gigafactory in Austin, Texas, Musk had announced an ambitious “Master Plan 3” to save the world. For $10 trillion in manufacturing investment, Musk said, the world could move wholesale to a renewable electricity grid, powering electric cars, planes, and ships.
After tesla’s market capitalisation swept past that of Toyota, then the world’s most valuable car company, in the summer of 2020, devoted fans and incredulous sceptics deployed a new unit of measurement. As the electric-vehicle (ev) champion’s share price rose, its worth was couched in terms of the combined value of the next two, then five, then ten biggest carmakers. A year ago Tesla’s market value surpassed $1.2trn, more than most other car companies put together. Since then it has lost 71% of that—a sum exceeding the value of most of the industry.
Tesla's estimated global electric car order backlog continued its quick decrease in the early days of December, reaching the lowest level in more than a year.
Tesla Inc.'s China chief Tom Zhu and a team of his reports has been brought in to troubleshoot production issues in the United States, fueling talk among colleagues he is being groomed for a bigger role at a time when CEO Elon Musk has been distracted by Twitter.
A significant reduction in the order backlog was noted in the US.
Tesla's estimated global electric car order backlog has been quickly decreasing for several months now and most recently it dropped below 200,000 units.
A brand-new Model 3 delivered in desperate need of repair, due to a faulty computer, an inoperable wireless phone charger, and a missing USB port. A supposedly fixed Tesla returned unfixed, and with something spilled on the car, damaging the paint. A dead mouse and rat poison discovered in a Tesla’s front trunk after a trip to the local service center.
A California owner of a Tesla Model 3 sued the electric vehicle maker in a proposed class action over cars suddenly stopping for non-existent obstacles, calling it a "frightening and dangerous nightmare," according to the lawsuit.
