There’s a $1.6 Billion Problem with Elon Musk’s Plan to Close Tesla Stores

In a complete reversal, Tesla revealed that it would work to move all sales online, just a year after touting the expansion of Tesla stores and galleries. Tesla Backtracks on Retail Store Expansion The 2017 annual report published in February 2018 read: “Our Tesla stores and galleries are highly visible, premium outlets in major metropolitan …

Tesla’s Model S and X Now Sport the Same 100kWh Battery Pack; Will it Simplify Production?

Electric car maker Tesla has made good its promise to phase out the 75kWh Model S and Model X versions. On Tuesday the electric car maker began selling these models only with the long-range 100kWh battery packs. Despite having the same battery, the range will differ depending on the model with cheaper versions having a …

Adios Panasonic? Tesla Is Fishing For A New Battery Supplier For Its Chinese Car Factory

Image: Shutterstock By CCN.com: Following CEO Elon Musk’s November announcement that Tesla will source production inputs for the new Shanghai Gigafactory locally, the company is now reportedly in the market for a new battery supplier. It will be recalled that in November 2018, Musk announced that the company intends to diversify its sources after …

Elon Musk and Tesla Start Building First Foreign-Owned Car Plant in China

Straight from the horse’s mouth. Despite multiple complications and the ongoing trade war between the US and China placing Tesla plans in doubt, today, the electronic car manufacturer began breaking ground on the construction of the first Tesla gigafactory outside of the US in Shanghai. On Twitter this morning, the charismatic businessman enthused: Looking forward …