Tesla Motors Inc. overnight reported its 13th straight quarterly loss, with its intensive business expansion model, nicknamed the “Master Plan:Part Deux”, being the hopeful saviour. Tesla also warned investors that the company will continue to face increasing production costs as it gears up its infrastructure to significantly boost its annual […]
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Tesla confirms partnership deal with SolarCity
Tesla has announced on its blog it plans to purchase solar panel supplier SolarCity for as much as US$2.6 billion. Terms of the agreement specify that Tesla would have a 93.5 per cent stake in its combined companies, and SolarCity would retain 6.5 per cent, with the acquisition expected to […]
Tesla Model X Australian prices announced for all variants
Following the announcement of the Australian starting price for the Tesla Model X, the technology giant has now confirmed prices for the rest of the range. The Tesla Model X is the company’s attempt at the ever-popular crossover/SUV market. It has been on sale in some overseas markets for a […]
Elon Musk confirms Tesla is planning a minibus
It seems Tesla is set to release a minibus in the future based on the chassis of the Model X, which will apparently draw inspiration from the original Volkswagen Microbus or Kombi. After revealing a number of world-changing ideas with Tesla Master Plan: Part Deux last month – including Tesla […]
Tesla opens small (large) portion of Gigafactory
It’s official. Tesla’s US$5 billion Gigafactory in Nevada has officially opened its doors, set to profoundly increase Tesla’s battery production. Well, when we say open we mean only a portion of the massive factory. Two years after the first shovel entered the dirt, the factory has become operational, despite only […]
Elon Musk reveals Tesla Master Plan: Part Two
Elon Musk has dropped the mic once again, with Part Two of the Tesla Master Plan laid bare. Part One was the democratisation of electric cars starting from the low-volume Roadster, then mid-volume Model S and mainstream Model 3 next year. This has already sent shockwaves through the industry, forcing […]
Tesla Model X will go on sale in Australia from $111,900
Tesla’s dramatic SUV brother to the wildly successful Model S sedan, the Model S, will go on sale in Australia late this year, and the company has released pricing for the entry P60D model. Promising 350km of range, a 0-100km/h time of 6.2 seconds, and all-wheel drive as indicated by […]
Tesla will soon reveal ‘top secret master plan, part 2’
Tesla CEO Elon Musk has taken to Twitter teasing the release of its “top secret masterplan, part two”, to be announced later this week. The tweet published yesterday hints there are some surprises in store from the Californian EV producer. “Working on Top Secret Tesla Masterplan, Part 2. Hoping to […]