Tesla Overview Updated February 25, 2017


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1,955 Tesla stories

May 2013 - February 2017

Tesla is a transportation and energy company. It sells vehicles under its ‘Tesla Motors’ division and stationary battery packs for home, commercial and utility-scale projects under its ‘Tesla Energy’ division.

The firm acquired its sister-company, solar installer SolarCity, in 2016. It is now part of its energy division.

The company is led by Elon Musk, who currently hold the roles of CEO, Co-founder, Chairman, and Product Architect.

Tesla Stories February 25

TSLA: 257.00

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Last year, Tesla launched a new program called ‘Drive to Believe’ in order to invite car owners across European markets to swap their car for a Tesla Model S for a whole week.

Apparently, the participants completed their week and Tesla is now featuring some of them in a series of promotional videos with “more to come”. expand full story

In this week’s top stories:  we got a lot of updates on the highly anticipated Tesla Model 3 through the company’s fourth quarter earnings and through some exclusive reports. We looked into how to invest in some of the resources required for the electric vehicles revolutions and much more on Electrek.

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Tesla Stories February 24

TSLA: 257.00

Stock Chart

The news that Tesla is looking at not only one location but possibily 3 more locations for Gigafactories got a lot of countries, states, and regions quite excited this week. Some European countries had already launched efforts to attract Tesla after they announced last year that they would be looking for a location in Europe to build another massive factory to manufacture both batteries and vehicles.

Now that the number of plants went up, the US could apparently also get another Gigafactory. expand full story


Following a new effort to unionize Tesla’s workforce amid the production expansion for Model 3, claims about the company’s worker compensation and conditions at the Fremont factory were made in order to gain support for a union. These actions CEO Elon Musk believes were deeply influenced by the United Auto Workers (UAW), which has been trying to unionize the plant for years.

Nonetheless, Musk said last week that he would investigate the claims. He has now completed his investigation and addressed the claims in an email to all employees, which Electrek has obtained, below. expand full story

The 89th Academy Awards will take place this Sunday at the Dolby Theatre in Hollywood, California, and as usual, celebrities are expected to arrive on the red carpet in limousines and luxurious vehicles.

Tesla vehicles, both the Model S and X, could be the most popular among them this year thanks to a new all-Tesla limo service financed by Morgan Freeman. expand full story

Tesla Stories February 23

TSLA: 255.99

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In its continuous effort to bring its second generation Autopilot to parity with its first generation of the driver assist system, Tesla has started pushing yet another update to vehicles equipped with the new Autopilot hardware.

The company is now introducing ‘Autopark for parallel parking’ on ‘Enhanced Autopilot’. expand full story


While most of the information that came out of Tesla’s earnings yesterday about the Model 3 were related to the vehicle’s production program, CEO Elon Musk also disclosed new details and gave a few interesting hints about the upcoming vehicle.

Considering Musk pushed the final unveiling of the Model 3 to a few months later than anticipated, it might be a while before we get more information on the vehicle and therefore, reservations holders and enthusiasts (ourselves included) are sure to over analyze any new detail until then. expand full story

As we reported earlier this week, a new bill (HB 7097) is being introduced in Connecticut to allow direct sales of electric vehicles in the state. Tesla is pushing for the bill to pass, while local dealerships are strongly opposing it.

Yesterday, the Connecticut Transportation Committee held its first hearing on the bill during which Tesla and dealerships argued yet again over direct sales. expand full story

In an exclusive report published last summer, we revealed that Tesla started offering custom car insurance to its customers in Australia and Hong Kong. At the time, the company didn’t want to comment on the new venture, but that changed yesterday during the earnings conference call.

CEO Elon Musk and President Jon McNeill confirmed that they plan to expand the program and have it match the progress of the Autopilot, which should reduce insurance rates to match its lower accident rate. expand full story


One of the main concerns of current and future Tesla owners is the company’s ability to scale its service operations after the Model 3 launch, which will add hundred of thousands of vehicles in Tesla’s global fleet.

The automaker is already having difficulties keeping up with service demand in some regions, but it has now announced a “reengineering and expansion” of its operations in order to prepare for Model 3. expand full story

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