Tesla is celebrating a huge surge of momentum from Chinese buyers after reporting record-setting sales, just months after lengthy production suspensions staggered growth. All up, Tesla sold 83,135 vehicles produced at its Shanghai Gigafactory, smashing its previous record-setting month of deliveries back in June when Tesla produced 78,906 units, according […]
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Elon Musk expects 10% staff cut at Tesla in anticipation of recession
Tesla’s CEO, Elon Musk, has said that he expects the world’s largest electric vehicle manufacturer to cut around 10 per cent of its staff in the coming three months in anticipation of a recession. The news comes after Musk took to the stage of the Qatar Economic Forum, stating that […]
Tesla suspends Shanghai production again, supply constraints
Tesla has been forced to suspend production at its massive Shanghai Gigafactory after reportedly failing to secure enough parts to keep up with demands. This is just days after a COVID-related 22-day production halt sent forecasts into disarray. The news comes from Reuters who says that according to two sources […]
Elon Musk set to purchase Twitter for $44B
No stranger to making bizarre headlines, Tesla’s CEO, Elon Musk, looks set to purchase social media giant Twitter for around US$44 billion. Earlier this year, Musk revealed his plans to become Twitter’s largest single shareholder after purchasing a 9.2 per cent stake in the social media company. He was then […]
Tesla sets record global deliveries in Q1, 2022
Tesla has surprisingly been able to buck the trend of supply-chain constrains and production slowdowns in the first quarter of 2022, posting a record-setting number of global deliveries. Tesla says that in the first quarter of 2022, it delivered 310,000 new vehicles, marking a 70 per cent increase over the […]
Tesla announces widescale recall, affects 75% of Australian vehicles
Electric vehicle manufacturer, Tesla, has announced a massive recall impacting nearly 75 per cent of the total Tesla vehicles delivered to Australia. The news comes after the company issued similar recall notices for the USA and Chinese markets, due to two separate concerns. Between these two key markets, Tesla has […]
Elon Musk says Hertz received no discount on record 100,000-unit order
Tesla’s CEO, Elon Musk, has announced that despite Hertz placing the single-largest order of electric vehicles we’ve ever seen, the rental car company received no discount on the order of 100,000 Model 3s. Tesla and Hertz both made waves yesterday after news of Hertz placing an order for 100,000 Model […]
Panasonic develops prototype battery for Tesla, lower production costs
Panasonic has announced it is working on a new, large prototype battery with five-times the capacity of a typical cell that has also been designed to lower production costs specifically for Tesla, who it has shared a close working relationship with. The prototype was unveiled by Kazuo Tadanobu during a […]