Model 3
Tesla reports $702m loss in “one of the most complicated quarters” in its history
Tesla has reported a dramatic drop in profits for the first quarter of 2019, adding that it doesn’t expect to return to profit until the third quarter. For the first…
Read MoreTesla reports largest sales drop in its history as shares plummet
Tesla shares have dive-bombed as much as nine per cent this morning as the electric car maker revealed the largest decline in deliveries in its history. In the three months…
Read MoreTesla will only shut stores which are “empty most of the day”
Tesla’s chief executive Elon Musk has sought to clear up the confusion surrounding its plans for store closures and its shift online making a U-turn on his original plans. In…
Read MoreTesla makes another U-turn on customer referral scheme
Tesla has made another dramatic U-turn on its consumer facing practices, announcing its set to bring back its referral programme after scrapping it in February. The electric car retailer scrapped…
Read MoreTesla delays 3% price hikes
Tesla has announced that the upcoming three per cent price hike on all of its models bar the Model 3 will be delayed. Due to an influx of last-minute orders,…
Read MoreTesla unveils the Model Y
Tesla has launched its latest electric vehicle, a compact SUV called the Model Y built on the same platform as its Model 3. The Model Y will be launched first…
Read MoreTesla makes dramatic U-turn on store closures
Tesla has made a dramatic U-turn on its decision to close all of its physical stores, stating that it will now raise the price of some of its models in…
Read More$8 billion wiped of Tesla’s value following shock announcement
Tesla’s abrupt announcement last week that it was to close most of its physical stores reportedly came as a surprise to most staff whose jobs are now under threat. The…
Read MoreTesla to shut all of its physical store to drop price of Model 3 to $35,000
Tesla is due to close all of its stores as part of a dramatic cost cutting drive to allow it to drop the starting price of its hotly anticipated standard…
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