Demand For Tesla's New Model 3 Is Wild, But Limited To Tech FansDemand 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.
Orders For Tesla's Lower-Price Car Reach 325,000Tesla 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.
Orders For New Tesla Model Reach 276,000Worldwide 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.
Strong Tesla 3 Preorders May Put Dent In Tax Credits Buyers Are Relying OnThe 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.
Tesla, Radio Flyer Team Up To Create Cars For KidsCBS 2's Vince Gerasole has a look at the latest luxury car for your toddler.
Senate Majority Leader To Offer Bill Allowing Tesla To Sell Cars To ConsumersThe 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 Motors Applies To Sell, Service Cars In MichiganTesla says it's "committed to being able to serve its customers in Michigan and is working with the legislature to accomplish that."
Tesla Owners May Wake Up To Self-Driving Cars After UpdateTesla 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 Board Approves $15 Million Tax Credit For Tesla In Exchange For 4,400 JobsCalifornia 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.
After Missing Tesla Battery Plant, California Considers $15 Million Tax Credit For CompanyThe 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.
Officials In Reno Region Say They Can Handle Growth From Tesla's Battery FactoryRegional 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.
Tesla Adding All-Wheel Drive, Safety FeaturesLuxury 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.