Demand For Tesla's New Model 3 Is Wild, But Limited To Tech Fans
Demand for Tesla's new Model 3 has been eye-popping, with consumers pre-ordering about $13.7 billion worth of the electric sedans nearly two years before they go on sale.
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Demand for Tesla's new Model 3 has been eye-popping, with consumers pre-ordering about $13.7 billion worth of the electric sedans nearly two years before they go on sale.
Tesla Motors said that worldwide orders for its new lower-priced Model 3 electric car have hit 325,000. CEO Elon Musk on Thursday added on Twitter that the number is still rising.
Worldwide orders for the new lower-priced Tesla electric car hit 276,000 over the weekend, surprising even the company's CEO, who says it may force Tesla to open another factory.
The orders came from across the globe even though the car isn't scheduled for sale until late in 2017. But they could jeopardize a $7,500 U.S. electric car tax credit that many buyers are counting on to reduce the price that gradually phases out after a company hits 200,000 in U.S. sales.
CBS 2's Vince Gerasole has a look at the latest luxury car for your toddler.
The majority leader of the Connecticut Senate says he'll introduce legislation that would allow electric vehicle manufacturers, including Tesla Motors, to sell cars directly to consumers.
Tesla says it's "committed to being able to serve its customers in Michigan and is working with the legislature to accomplish that."
Tesla is unveiling an overnight wireless software upgrade for its cars. Wake up and watch out on the drive to work. No hands, no problem.
California lost out last year in a heated bidding war for the company's $5 billion battery factory. Brown said then that he didn't think what Tesla sought would be fair to taxpayers. Nevada won after offering $1.3 billion in tax breaks.
The Tesla credit would offset taxes for the Fremont, California.-based company to buy manufacturing, research and development equipment, buy property and hire 4,400 workers.
Regional officials say the Reno area can handle a growth spike fueled by construction of Tesla Motors' $5 billion battery factory, but it will involve a hefty price tag with uncertainty over who will foot the bill.
Luxury electric car maker Tesla Motors is making its Model S sedan faster and safer in an effort to compete better with other high-end sedans.
Nevada Assembly Speaker Marilyn Kirkpatrick says it's too early to say whether a huge package of tax breaks and incentives needed to land Tesla Motors Inc.'s lithium battery factory will have smooth sailing at a special legislative session next week.
Gov. Jerry Brown's long-shot Republican challenger blasted him for failing to do enough to land a Tesla battery plant during the only scheduled debate of this year's governor's race.
Electric car maker Tesla Motors says it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other locations.
It would employ more than 6,000 people. California is considered a long-shot, but Stockton is has been touted as a top contender.
Electric Automaker Unveils Tesla Model 3 Sedan For $35,000
There was no time for Perry to stop after speaking at a fundraiser for Republican Assemblyman Dan Logue's Congressional campaign. His SUV sped away down a California country road.
In the past few years, some of the biggest car rental companies have added the finest cars money can buy to their fleets.
Tesla is lashing out at New Jersey governor Chris Christie for backing a proposal that would force the automaker to sell its electric cars through dealers in the state instead of directly to the consumer.
The Tesla Model S electric sedan is Consumer Reports' top pick in this year's automotive rankings.
Federal investigators say the small plane that crashed into an East Palo Alto neighborhood last year, killing three Tesla Motors employees, was likely caused by pilot error.
