Search Results for: gigafactory

Tesla Model 3 Stories March 24

Tesla increases price of Model 3 – its 3rd price change in just 2 months

Tesla has increased the price of the two cheapest trims of the Model 3 – the automaker’s third price change in just two months.

Tesla Model 3 Stories April 9

Tesla Model S vs. Model 3: Comparing sedans side by side

Tesla’s Model S and Model 3 provide drivers with either a taste of veteran performance or refreshing innovation and value. Both combine to form the US automaker’s line of electric sedans, although they share more of their mechanical makeup with their respective assembly-line SUV partners. Below is a comprehensive breakdown comparing old and new to […]

Tesla Model 3 Stories February 25

Tesla shuts down Model 3 production line for 2 weeks amid chip shortage

Tesla is shutting down a Model 3 production line at the Fremont, California, factory for two weeks amid an industrywide microchip shortage.

Tesla Model 3 Stories February 4

Tesla Model 3 is still the best-selling electric car in the world and it’s not even close

Tesla Model 3 is still the best-selling electric car in the world, and no other vehicle program is even coming close. Automakers other than Tesla are going to have to invest more in high-volume electric vehicles.

Tesla Model 3 Stories January 20

Tesla drops Model 3 prices in Europe

Tesla has reduced Model 3 prices in several European markets, which could be partly linked to exchange rate changes – though the correlation is not exactly consistent.

Tesla Model 3 Stories January 3

Tesla updates Model 3 with new design accent and heated steering wheel

Tesla has updated the Model 3 again with a new design accent recently introduced in the new Model Y in China and the long-awaited heated steering wheel.

Tesla Model 3 Stories November 10, 2020

Tesla confirms new 82 kWh battery pack in Model 3, thanks to new cells

Tesla has confirmed that its new 2021 Model 3 vehicles are now equipped with a new 82 kWh battery pack — thanks to new, more energy-dense battery cells produced by Panasonic.

Tesla Model 3 Stories October 18, 2020

Tesla is starting to export made-in-China Model 3 to Europe

Tesla is starting to export made-in-China Model 3 vehicles to Europe — something the automaker originally said it didn’t plan to do.

Tesla Model 3 Stories February 9, 2016

Tesla is likely to meet the Model 3’s $35,000 price tag thanks in part to falling metal prices

Tesla has never hidden the fact that the Model 3 and especially its $35,000 projected starting price are closely linked to the Gigafactory, which aims to reduce battery costs by more than 30%. The automaker expects to achieve such a significant cost reduction through economy of scale with a factory output greater than the total […]

Tesla Model 3 Stories March 14, 2016

Tesla Model 3 unveiling could create a potential short squeeze and battery costs are down, says Baird

Tesla’s stock price is up almost 2% in pre-market trading this morning following a new note and “Outperform” rating from Baird financial analyst Ben Kallo. The analyst upgraded his rating on the automaker and increased his price target from $230 to $300 – the stock currently trades at ~$210. Kallo recently visited Tesla’s factory in […]

Tesla Model 3 Stories October 16, 2015

Tesla CTO: We’ve shifted core focus to Model 3, majority of employees now working on mass production of $35,000 vehicle

Tesla’s co-founder and Chief Technology Officer JB Straubel was at the University of Nevada, Reno earlier this week to talk to students and announce a new internship program for the company’s Gigafactory. As part of its Gigafactory deal, Tesla is pumping $1 million into the University of Nevada’s Battery research program. During his presentation, Straubel confirmed that […]

Tesla Model 3 Stories December 3, 2014

Elon Musk talks Model S P85D, “This is a halo car for Tesla”, and much more in GQ interview

In case you missed it, Elon Musk sat down for an interview with GQ Magazine last week where the Tesla CEO commented on a random smattering of interesting tidbits. While much of the interview treads on familiar ground, such as Tesla opening up their patents and Musk’s general thoughts on the state of the car industry, there […]

Tesla Model 3 Stories January 14, 2015

Elon Musk talks Model 3 cost ($35,000), launch window of 2017, and potential to work with franchise dealers in the future

In a corporate world often teeming with bland political correctness, Elon Musk, whether you love him or hate him, is a breath of fresh air. Not afraid to call it like he sees it, whenever Musk delivers a talk or sits down for an interview — or even a Reddit AMA — it’s always a good idea […]

Tesla Model 3 Stories May 6, 2015

Tesla plans on showing the Model 3 in March 2016 and start production in late 2017

Today Tesla announced their first quarter 2015 results and during the conference call discussing the results, Elon Musk confirmed Tesla plans to unveil their third generation vehicle, the Model 3, in March 2016. Tesla already revealed their plan on starting the production of the Model 3 in 2017, but today Elon Musk said that he […]

Tesla Model 3 Stories October 15, 2018

Tesla releases impressive pictures of Model 3 drive unit after test, Musk says they drove 1M miles

Tesla says that the Model 3 drive system is designed and validated for over one million miles of range. Today, the automaker released impressive pictures of Model 3 drive units after testing, which Elon Musk says “drove 1M miles”.

Tesla Model 3 Stories January 30, 2019

Tesla Model 3 update: production gets more efficient, 10k/wk and China by end of 2019

Tesla’s Q4 2018 earnings letter just came out, and among the news were several updates on Model 3 production. The most important tidbits are that Tesla is targeting 10,000/week production rate by the end of the year, that labor hours per vehicle decreased sequentially by 20% in the last quarter, and that Model 3 production […]

Tesla Model 3 Stories February 1, 2019

Tesla officially launches Model 3 in China, announces cheaper version coming

Tesla has now officially launched Model 3 in China with the first Model 3 Performance starting to reach the country, but the company is also opening orders for the cheaper version of the Model 3 in the market.

Tesla Model 3 Stories February 8, 2019

Tesla makes Autopilot standard on Model 3 in China, again reducing the price in the country

Tesla is trying to sell and deliver as many Model 3s as possible this quarter in China before the temporary relief on import tariff ends in April. It is now making an unusual move to help: making the Enhanced Autopilot package standard.

Tesla Model 3 Stories February 18, 2017

Tesla is now claiming 35% battery cost reduction at ‘Gigafactory 1’ – hinting at breakthrough cost below $125/kWh

Recent studies show that average electric vehicle battery cost dropped 80% in 6 years down to ~$227/kWh. It’s exciting progress for the electric vehicle industry, but it’s still not enough to make long-range electric cars affordable. You need batteries significantly below the average – battery cell and pack cost – in order to achieve the price point for mass […]

Tesla Model 3 Stories December 28, 2017

What to expect from Tesla in 2018

With every passing year, Tesla is proving the naysayers wrong by not only surviving but increasingly solidifying its position in the automotive market and energy industry. 2018 is shaping up to be another record year for the company and today we take a quick look at what we expect from Tesla for the year.

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