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Tesla News - Page 25

Tesla sales top 10,000 in Q1; Elon Musk says Australian sales "surprisingly good"

Tesla shares have surged off the back off record sales in the first quarter of 2015, in which the high-profile electric vehicle company cracked 10,000 sales for a quarter for the first time in its history. Tesla shares traded as high as US$207.75 ($273.75) yesterday following Friday’s announcement that the company delivered 10,030 Model S EVs between January and March...

Tesla to unveil new non-automotive product on May 1

Tesla will unveil a new product, which isn't a automobile, on May 1. Many have speculated that it could be a battery pack that could power a home. Overnight on Twitter, Musk announced: "Major new Tesla product line — not a car — will be unveiled at our Hawthorne Design Studio on Thurs 8pm, April 30". That's 1pm on Friday, May 1, Australian Eastern Standard Time...

Hyperloop Technolgies Inc gears up in LA’s Arts District

The company behind the conceptual high-speed transportation system known as Hyperloop is setting up shop in LA’s Arts District after agreeing to lease up to 38,000 square-feet of industrial space in the area. The hyperloop system works by pushing specifically designed capsules or pods through a steel tube maintained at a partial vacuum...

Telsa Model X filmed almost camouflage free in Silicon Valley

The upcoming Tesla Model X has been filmed out on a highway in Palo Alto, California, and the video gives us our best look yet at the upcoming crossover. Footage posted by YouTube user nbkagzw13 (above) shows a prototype version of the Model X, wearing minimal camouflage, while on a public road in Silicon Valley...

Tesla Model S update 7 to enable auto steering mode on highways

Due later this year, software update 7.0 will allow the Tesla Model S electric sedan to steer itself on the highway. In a press call yesterday, Tesla CEO Elon Musk detailed software update 6.2, which will be delivered over-the-air to the Model S in the coming weeks...

Tesla free to open direct-sale stores in New Jersey following government backflip

Fast-moving electric car company Tesla Motors has scored a major win in New Jersey, US, with Governor Chris Christie signing a bill that permits the Palo Alto-based carmaker to open up to four stores in the Garden State. The backflip comes almost a year after New Jersey passed regulation that effectively banned Tesla from selling its fully electric cars direct to customers rather than through traditional third-party dealerships...

Tesla Model S update 6.2 adds Range Assurance, blind spot monitoring, automated braking

Overnight Tesla Motors announced an over-the-air software update for its Tesla Model S, which adds a slew of new features to the all-electric sedan. With its new Trip Planner and Range Assurance functions, Tesla is hoping to "end range anxiety" for both current and potential Model S owners...

Tesla CEO foresees a world where autonomous cars are common, human driving may be illegal

Tesla CEO, Elon Musk, told an audience at the South by Southwest (SXSW) conference that, in the future, humans may be banned from driving cars for safety reasons. Musk spoke on stage at the South by Southwest conference with Jen-Hsun Huang, CEO of graphics chip maker Nvidia...

Tesla CEO Elon Musk promises to "end range anxiety" with Model S software update

Tesla CEO Elon Musk boldly claims he is “about to end range anxiety” with the announcement of an over-the-air software update for the Model S range planned for early Friday morning Australian time. Musk tweeted that the “entire Model S fleet” would benefit from the update, which seems likely to boost the battery range of the pioneering pure-electric luxury sports sedan...

2016 Tesla Model X to cost about the same as a BMW X5 in Australia

The Tesla Model X is on track to arrive in Australia during 2016 priced broadly in line with the BMW X5, and close to the existing 5 Series-rivalling Model S sedan. Tesla’s eagerly awaited second model line is to begin production in the US around September this year, and marks the next big step in Tesla’s bold growth plans, which encompass volume increases of more than 50 per cent for several consecutive years...

Tesla Motors announces guaranteed resale program

Tesla Motors Australia has announced a new program known as Tesla Resale Value Guarantee, which is said to "assure Australian customers that the future resale value of Model S will be among the highest of any premium sedan made in volume". The program will see Tesla Motors' local arm offer to buy back the car after three years of ownership...