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Tesla: James Murdoch firming as chairman candidate - report

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Tesla: James Murdoch firming as chairman candidate - report

James Murdoch, ex-CEO of 21st Century Fox, is leading the race to replace Elon Musk as chairman of the Tesla board, according to a report from the USA...

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Tesla software version 9.0 coming soon to Australia
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Tesla software version 9.0 coming soon to Australia

Details about the Tesla software version 9.0 have been announced ahead of its release Down Under "in a couple of weeks". On the safety front, every Model S, X and 3 equipped with "full self-driving hardware" now utilises all eight external cameras, giving Tesla's cars "better situational awareness"...


Toyota tops 2018 Interbrand list, Subaru pips Tesla
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Toyota tops 2018 Interbrand list, Subaru pips Tesla

For more years than any of us have fingers to count, Toyota has ruled the list of the world's most valuable automotive brands – while rubbing shoulders with the world's most valuable brands, full stop. Toyota's pre-eminence would seem obvious, given it is the best-selling vehicle brand in the world. However, financial performance is only one criteria in Interbrand's analysis...


Elon Musk stands down as Tesla chairman in SEC settlement
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Elon Musk stands down as Tesla chairman in SEC settlement

Elon Musk will pay a hefty fine and stand down as Tesla chairman for three years, after a US Securities and Exchange Commission (SEC) investigation into his tweets about taking Tesla private. Musk will remain CEO of the the company, but has to stand down as chairman of the board. He and Tesla will also each have to pay a US$20 million ($27,600,000) fine, after agreeing to a deal with the SEC overnight...


US government sues Elon Musk, may be removed as Tesla boss
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US government sues Elon Musk, may be removed as Tesla boss

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, CEO and chairman of Tesla, accusing him of fraud over tweets and statements he made in early August claiming he had secured funding to take the electric car maker private. According to the SEC, the Tesla CEO "had not discussed specific deal terms with any potential financing partners, and...


Tesla under criminal investigation over 'going private' tweets
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Tesla under criminal investigation over 'going private' tweets

The US Department of Justice (DOJ) has opened a second investigation into Tesla, centred around Elon Musk's claims on Twitter funding was secured to take the company private. Two sources, speaking on the condition of anonymity, have told Bloomberg the DOJ is investigating statements made by Tesla and its CEO...


Luxury EV comparison: Six SUV challengers square off
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Luxury EV comparison: Six SUV challengers square off

The electric car revolution is finally becoming a reality, and not just at the fringes of the car industry. Tesla obviously got the jump on making EVs cool, and deserves some plaudits for it. But now the market's mature, luxury brands are making their moves, spending tens of billions of dollars in the process...


Tesla: Paint options cut to streamline manufacturing
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Tesla: Paint options cut to streamline manufacturing

Tesla has narrowed its selection of paint colours on offer from seven to five, in an attempt to streamline manufacturing processes. Previously offered as a $2100 option, Obsidian Black Metallic and Silver Metallic will now cost $2800 in Australia and be considered "off-menu, limited edition" colours. The decision is a global one, not just for our market...


Tesla freeing up battery capacity for potential hurricane victims
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Tesla freeing up battery capacity for potential hurricane victims

Tesla will free up any software-locked battery capacity in cars owned by people in Hurricane Florence's path, thanks to its over-the-air update system. Although it's not offered anymore, the company at one point sold a Model S 60. The cheapest variant shared its battery with the 75kWh car, with the extra 25 per cent battery power locked only through software...


Tesla Model 3 stolen by reusing mobile phone authentication key
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Tesla Model 3 stolen by reusing mobile phone authentication key

A 21-year-old man has been arrested in Texas after stealing a Tesla Model 3 from a rental company using only the Tesla app, hinting at what could become a more common issue across the industry. It's believed the man gained access to the car by manipulating the Tesla app to unlock and start it, as well as disable GPS tracking...


Jay Leno samples the Tesla Roadster and Model 3 - video
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Jay Leno samples the Tesla Roadster and Model 3 - video

Jay Leno has a massive collection of fuel-guzzling supercars, but his taste for power and speed mean he's also keen on the electric hypercars of tomorrow. In the latest instalment of Jay Leno's Garage, the TV personality swaps out of a first-generation Tesla Roadster into the new Model 3 and the wild second-gen Roadster...


Tesla cancels plans to go private
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Tesla cancels plans to go private

Late last week, Elon Musk, Tesla CEO, announced he had withdrawn plans to take the electric car maker private. In a blog post on the company's website, the outspoken boss stated he spent the last few weeks talking to advisors Silver Lake, Goldman Sachs and Morgan Stanley, as well as investors large and small...


Tesla Model 3 teardown reveals build quality concerns
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Tesla Model 3 teardown reveals build quality concerns

A new report from investment banking company UBS has raised new concerns about the way Tesla is putting the Model 3 together, with analysts suggesting the issues can't easily be fixed. According to the report, the teardown revealed inconsistent gaps throughout the vehicle, bolts missing in certain places, zip ties used around the car's construction, different bolts being used for similar roles, loose panel and glass tolerances, and tough-to-close doors...


Take a tour of Tesla's factory in Fremont - video
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Take a tour of Tesla's factory in Fremont - video

We've seen plenty of reports about life on the Tesla factory floor, and the brand's struggles with mass-production are well-documented. That makes a proper look inside the Fremont facility where the Model S, X and 3 are produced a seriously rare, seriously interesting proposition. YouTube personality MKBHD, better known as Marques Brownlee, was given a guided tour of the factory floor by Elon Musk himself...


Elon Musk confirms potential funding source for taking Tesla private
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Elon Musk confirms potential funding source for taking Tesla private

Elon Musk, Tesla CEO, has revealed Saudi Arabia's sovereign wealth fund as a key source of funding which will be used if the company decides to go private. On Tuesday August 7, US time, Musk told the world via his Twitter account, "Am considering taking Tesla private at $420. Funding secured...


McLaren 720S vs Tesla Model S P100D drag race - video
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McLaren 720S vs Tesla Model S P100D drag race - video

The Tesla Model S is very, very quick in a straight line. The McLaren 720S is also very, very quick in a straight line, albeit through different means to the Tesla. You can probably see where this is headed. The team at CarWow has teamed up with YouTube personality Shmee150 to deliver a few interesting head-to-heads, one of which is published below...


Tesla, Elon Musk sued and official enquiries made over Twitter claims
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Tesla, Elon Musk sued and official enquiries made over Twitter claims

Two class-action lawsuits have been filed against Tesla and its outspoken CEO Elon Musk, who announced on Wednesday the company had "secured" funding to delist itself. It has also been reported the company is under investigation from authorities over these claims...


Tesla wants to go private
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Tesla wants to go private

Elon Musk, outspoken Tesla CEO, overnight set the internet alight when he tweeted: "Am considering taking Tesla private at $420. Funding secured." A company-wide email sent out by Musk, outlining the thinking and the potential mechanics behind such a move, was later published in full on the company's website...


Tesla creates 'Party & Camper mode' for entire range
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Tesla creates 'Party & Camper mode' for entire range

Earnings details weren't the only news to come out of Tesla yesterday. We also learned the Model S, Model X and Model 3 will get something called 'Party & Camper mode' at some point in the near future, allowing intrepid owners to leverage the battery capacity of their cars for outdoorsy pursuits. In typical Tesla fashion, the new function was announced by Elon Musk on Twitter...


Tesla Q2 earnings: $717.5 million loss, Model 3 production expected to ramp next quarter
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Tesla Q2 earnings: $717.5 million loss, Model 3 production expected to ramp next quarter

Tesla has released its second-quarter earnings for 2018, revealing a US$717.5 million ($969 million) loss, but there's a bit to suggest things are looking up in Silicon Valley. That loss is close to double the $336.4 million ($454.4 million) it lost during the first quarter of 2018, although total revenue rose from US$2.79 to US$4.0 billion...