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Tesla posts record $US1.14 billion profit in best quarter-year result to date

US electric-car start-up Tesla has posted a record quarter-year profit of $US1.14 billion – after costs but before taxes – from a turnover of $US11.96 billion in the three months from April to June 2021. It is the first time Tesla has eclipsed the $1 billion profit milestone in quarterly earnings and is more than 10 times the profit for the same period the prior year, which analysts have reported is “a sign of increasing financial health” for the company...

Tesla Cybertruck delayed until 2022 due to semiconductor shortages

The Tesla Cybertruck looks like it won’t be ready for customer deliveries until 2022 – rather than late 2021 as most recently forecast – due to ongoing component shortages in the global automotive industry. The radical-looking Tesla Cybertruck remains listed as available to order on the company’s Australian website, which as of today is still giving local buyers the option to leave a fully refundable $150 deposit for the vehicle (pictured below)...

2022 Tesla Model S Plaid returns to the Nurburgring, record attempt imminent

The 2022 Tesla Model S Plaid electric super sedan has been snapped lapping the famed Nurburgring circuit in Germany – and rumours suggest it's gunning for a lap record. Nearly two years since its last outing in September 2019, the Model S Plaid has returned to the 'Ring in its production form, swapping the crude lip spoilers, splitters, fixed wings and sticky Michelin Pilot Super Sport tyres fitted to Tesla's 2019 test car for the more conservative look and Michelin Pilot Sport 4S rubber now on sale in the US...

Tesla owner creates V8 sound for his car – and it’s awesome

A Tesla owner in the US has added V8 sound to his electric car and the result needs to be heard to be believed. Brooks Weisblat – who is also a bit of a YouTube sensation thanks to his collection of fast-car videos on his DragTimes channel – has demonstrated how easy it is to upload the sound of a hardcore V8 and then pump the sound through the vehicle’s external speakers...

2021 Tesla Model 3 prices hit new low in Australia, now from $59,900 plus on-road costs

Tesla has slashed the cost of its popular Model 3 sedan – by between $3000 and $9000 compared to the most recent round of price cuts. The Tesla Model 3 Standard Range Plus now starts from $59,900 plus on-road costs. It is the cheapest the Tesla Model 3 has been since arriving in Australia two years ago, in July 2019...

Tesla cuts driving range claims in Australia

Tesla cars have among the longest driving range compared to most electric cars on sale in Australia. However, a discreet switch to the Tesla website this week downgraded maximum driving range estimates to a more realistic level. Tesla has voluntarily started displaying driving range predictions based on the latest International standard known as WLTP, or World harmonised Light vehicle Testing Procedure...

US authorities increase scrutiny of autonomous car tests on public roads

US road safety authorities have issued an order requiring car makers to report all crashes involving autonomous vehicles being tested on public roads. To date, 30 of the 50 US states permit real-world testing of the future hands-free vehicle technology, which goes beyond what is available for the public to buy today...

Tesla boss Elon Musk admits autonomous tech is “a hard problem” and the “difficulty is obvious”

Tesla boss Elon Musk has finally admitted what many automotive industry experts have long realised: autonomous vehicle technology is a lot more difficult than it seems, due to the countless variables a car must learn, detect, and avoid while on the move...

Tesla Model 2 hatchback due in 2023 as Volkswagen ID.3 rival – report

A new entry-level Tesla hatchback – priced from US$25,000 (AU$33,000), and unofficially referred to as the Model 2 – is due in 2023 as a competitor to the Volkswagen ID.3 in the small electric hatchback segment, according to a report from British publication Autocar. Energy will reportedly be drawn from a new type of battery cell, supposedly permitting a 16 per cent increase in efficiency and lower manufacturing costs...

Almost every Tesla in China 'recalled' with alleged safety fault

Tesla has recalled 285,520 vehicles in China, citing a software fault allegedly affecting locally-built and imported examples of the Model 3 sedan and Model Y SUV. According to state-owned media, the electric cars' cruise control functions could be inadvertently engaged when the driver attempts to select a gear (forward or reverse)...

Tesla opens Supercharging services to rival car brands in Norway, no plans for Australian expansion

In an unprecedented move for Tesla, the electric vehicle specialist will open its Supercharger stalls to all makes of electric vehicles at a Norwegian site in 2022. As first reported by Electrek.com, officials from the northern county of Vestland were informed earlier this week the US-based manufacturer would expand access to its presently-exclusive system in a bid to qualify for regional tax incentives...