The Truth About Cars » Tesla http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 11 Feb 2016 18:00:49 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » Tesla http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com/category/reviews/tesla/ General Motors, Tesla Spar Over Electric Car Sales http://www.thetruthaboutcars.com/2016/01/general-motors-tesla-spar-electric-car-sales/ http://www.thetruthaboutcars.com/2016/01/general-motors-tesla-spar-electric-car-sales/#comments Wed, 20 Jan 2016 18:20:20 +0000 http://www.thetruthaboutcars.com/?p=1270009 At a one-day workshop Tuesday sponsored by the Federal Trade Commission to discuss the future of automobile dealers in the U.S., executives from General Motors and Tesla jabbed at each other over electric car sales. GM CEO and Chairwoman Mary Barra touted the new Chevrolet Bolt as being one of the few all-electric cars that […]

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At a one-day workshop Tuesday sponsored by the Federal Trade Commission to discuss the future of automobile dealers in the U.S., executives from General Motors and Tesla jabbed at each other over electric car sales. GM CEO and Chairwoman Mary Barra touted the new Chevrolet Bolt as being one of the few all-electric cars that […]

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TTAC News Round-up: Volkswagen Turns To Former FBI Chief, Renault Just ‘Improving’ Emissions, GM Buys Ridesharing Service http://www.thetruthaboutcars.com/2016/01/ttac-news-round-volkswagen-turns-former-fbi-chief-renault-just-improving-emissions-gm-buys-ridesharing-service/ http://www.thetruthaboutcars.com/2016/01/ttac-news-round-volkswagen-turns-former-fbi-chief-renault-just-improving-emissions-gm-buys-ridesharing-service/#comments Tue, 19 Jan 2016 17:00:49 +0000 http://www.thetruthaboutcars.com/?p=1269449 Volkswagen just tabbed a former FBI director to be the highest paid traffic cop in the universe. That, Renault is only “improving” its emissions, GM’s big bet on ride sharing and the world’s biggest auto supplier says diesel isn’t dead … after the break! Report: Volkswagen will tab former FBI director to help in US investigations […]

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Volkswagen just tabbed a former FBI director to be the highest paid traffic cop in the universe. That, Renault is only “improving” its emissions, GM’s big bet on ride sharing and the world’s biggest auto supplier says diesel isn’t dead … after the break! Report: Volkswagen will tab former FBI director to help in US investigations […]

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Analyst: Tesla and FCA Wouldn’t Weather ‘Mild Recession’ http://www.thetruthaboutcars.com/2016/01/analyst-tesla-and-fca-wouldnt-weather-mild-recession/ http://www.thetruthaboutcars.com/2016/01/analyst-tesla-and-fca-wouldnt-weather-mild-recession/#comments Sun, 03 Jan 2016 17:00:30 +0000 http://www.thetruthaboutcars.com/?p=1256369 Business Insider transportation editor Matthew DeBord (formerly of Jalopnik too) said Tesla and Fiat Chrysler’s stock show both companies’ susceptibility to market volatility and that each automaker could be in dire situations if a mild recession were to rear its head again. (Although he does note that the best return on an investment this time last […]

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Business Insider transportation editor Matthew DeBord (formerly of Jalopnik too) said Tesla and Fiat Chrysler’s stock show both companies’ susceptibility to market volatility and that each automaker could be in dire situations if a mild recession were to rear its head again. (Although he does note that the best return on an investment this time last […]

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TTAC News Round-up: Pumped About Porsche; GM’s Going To Trial; And Diesel’s Dead, Baby http://www.thetruthaboutcars.com/2015/12/ttac-news-round-pumped-porsche-gms-going-trial-diesels-dead-baby/ http://www.thetruthaboutcars.com/2015/12/ttac-news-round-pumped-porsche-gms-going-trial-diesels-dead-baby/#comments Thu, 31 Dec 2015 16:30:13 +0000 http://www.thetruthaboutcars.com/?p=1254377 Man, people are really pumped about the cool, expensive cars they just bought. That nugget of wisdom, Russia’s perpetual Cash for Clunkers program, VW’s appeal to Colorado and Washington buyers and GM’s knows what way the wind is blowing now … after the break! Consumer Reports insight: People love fun cars! Consumer Reports compiled its […]

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Man, people are really pumped about the cool, expensive cars they just bought. That nugget of wisdom, Russia’s perpetual Cash for Clunkers program, VW’s appeal to Colorado and Washington buyers and GM’s knows what way the wind is blowing now … after the break! Consumer Reports insight: People love fun cars! Consumer Reports compiled its […]

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Elon Musk, Others to CARB: Just Make VW Build EVs Faster http://www.thetruthaboutcars.com/2015/12/elon-musk-others-carb-just-make-vw-build-evs-faster/ http://www.thetruthaboutcars.com/2015/12/elon-musk-others-carb-just-make-vw-build-evs-faster/#comments Mon, 21 Dec 2015 19:00:47 +0000 http://www.thetruthaboutcars.com/?p=1248201 Tesla chief Elon Musk and more than 40 other executives called on the California Air Resources Board to release Volkswagen from its mandate to fix thousands of polluting cars in that state and instead invest that money in electric vehicles. Musk, and other executives including Michael Brune, executive director of the Sierra Club, said regulators […]

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Tesla chief Elon Musk and more than 40 other executives called on the California Air Resources Board to release Volkswagen from its mandate to fix thousands of polluting cars in that state and instead invest that money in electric vehicles. Musk, and other executives including Michael Brune, executive director of the Sierra Club, said regulators […]

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Tesla’s ‘Base’ Model X Starts At $81,200 Before Incentives http://www.thetruthaboutcars.com/2015/11/teslas-base-model-x-starts-81200-incentives/ http://www.thetruthaboutcars.com/2015/11/teslas-base-model-x-starts-81200-incentives/#comments Tue, 24 Nov 2015 17:00:53 +0000 http://www.thetruthaboutcars.com/?p=1227625 After Tesla is done delivering Founders and Signature editions of its Model X SUV, the company will offer a 70D model later next year with a 220 mile range for $80,000 plus $1,200 for shipping. A 90D, with a range of 257 miles and quicker sprint up to 60 mph, will be offered as well, […]

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After Tesla is done delivering Founders and Signature editions of its Model X SUV, the company will offer a 70D model later next year with a 220 mile range for $80,000 plus $1,200 for shipping. A 90D, with a range of 257 miles and quicker sprint up to 60 mph, will be offered as well, […]

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Tesla Recalling Every Model S For Seat Belt Check http://www.thetruthaboutcars.com/2015/11/tesla-recalling-every-model-s-seat-belt-check/ http://www.thetruthaboutcars.com/2015/11/tesla-recalling-every-model-s-seat-belt-check/#comments Mon, 23 Nov 2015 18:00:27 +0000 http://www.thetruthaboutcars.com/?p=1225369 On Friday, Tesla announced a voluntary recall of every single damn Model S on the planet to check the front seatbelt installed on those cars. According to the automaker, one belt in a car that was sold in Europe wasn’t connected to an outboard lap pretensioner. The car was not involved in a crash, nor […]

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On Friday, Tesla announced a voluntary recall of every single damn Model S on the planet to check the front seatbelt installed on those cars. According to the automaker, one belt in a car that was sold in Europe wasn’t connected to an outboard lap pretensioner. The car was not involved in a crash, nor […]

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#BackLivesMatter – Riding In Tesla’s Rumble Seat Will Get You A Chat With The Cops http://www.thetruthaboutcars.com/2015/11/backlivesmatter-riding-teslas-rumble-seat-will-get-chat-cops/ http://www.thetruthaboutcars.com/2015/11/backlivesmatter-riding-teslas-rumble-seat-will-get-chat-cops/#comments Tue, 10 Nov 2015 14:00:09 +0000 http://www.thetruthaboutcars.com/?p=1215601 “WE GOT A CALL A FEW MINUTES AGO… SOMEBODY PUT A CHILD IN THE TRUNK.” Uh-oh, Spaghetti-O’s! When I first heard about this video a couple of days ago, I had what I’ll call the Typical Car Guy’s Reaction: Those stupid pigs. Why are they harassing a family with a Tesla? What percentage of criminal […]

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“WE GOT A CALL A FEW MINUTES AGO… SOMEBODY PUT A CHILD IN THE TRUNK.” Uh-oh, Spaghetti-O’s! When I first heard about this video a couple of days ago, I had what I’ll call the Typical Car Guy’s Reaction: Those stupid pigs. Why are they harassing a family with a Tesla? What percentage of criminal […]

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Tesla Quietly Killed Its $100 Flat-fee Home Service Program http://www.thetruthaboutcars.com/2015/11/tesla-quietly-killed-100-flat-fee-home-service-program/ http://www.thetruthaboutcars.com/2015/11/tesla-quietly-killed-100-flat-fee-home-service-program/#comments Mon, 02 Nov 2015 18:00:17 +0000 http://www.thetruthaboutcars.com/?p=1209921 Sometime this year, Tesla Motors quietly ended its Ranger program that would dispatch service technicians to fix or send for service Tesla cars for a flat rate, Automotive News reported. The program, which was touted by the company in 2012 as “transforming automotive service” said the service would cost $100 “regardless of how far away […]

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Sometime this year, Tesla Motors quietly ended its Ranger program that would dispatch service technicians to fix or send for service Tesla cars for a flat rate, Automotive News reported. The program, which was touted by the company in 2012 as “transforming automotive service” said the service would cost $100 “regardless of how far away […]

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Is Tesla Going to Partner With China’s Google To Build A Car? http://www.thetruthaboutcars.com/2015/10/tesla-going-partner-chinas-google-build-car/ http://www.thetruthaboutcars.com/2015/10/tesla-going-partner-chinas-google-build-car/#comments Fri, 23 Oct 2015 19:10:15 +0000 http://www.thetruthaboutcars.com/?p=1203521 Tesla could start building cars in China within two years, which could help the automaker jumpstart sales there and increase volume for the small automaker, Reuters reported. Tesla chief Elon Musk said the car company could cut costs on cars for sale there by one-third. Normally, foreign automakers are required to partner with domestic companies […]

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Tesla could start building cars in China within two years, which could help the automaker jumpstart sales there and increase volume for the small automaker, Reuters reported. Tesla chief Elon Musk said the car company could cut costs on cars for sale there by one-third. Normally, foreign automakers are required to partner with domestic companies […]

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Tesla Doesn’t Want You to Work on Its Cars http://www.thetruthaboutcars.com/2015/10/tesla-doesnt-want-work-cars/ http://www.thetruthaboutcars.com/2015/10/tesla-doesnt-want-work-cars/#comments Thu, 15 Oct 2015 19:30:25 +0000 http://www.thetruthaboutcars.com/?p=1195970 Tesla Motors has been proud to state its focus is on selling cars and not trying to make profit from their service centers — but the real world results prove otherwise. I stumbled on a thread where a Tesla owner with a failed part was able to purchase a replacement from the EV manufacturer. However, and this is key, […]

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Tesla Motors has been proud to state its focus is on selling cars and not trying to make profit from their service centers — but the real world results prove otherwise. I stumbled on a thread where a Tesla owner with a failed part was able to purchase a replacement from the EV manufacturer. However, and this is key, […]

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Photographer Charged with Trespassing, Battery Near Tesla ‘Gigafactory’ http://www.thetruthaboutcars.com/2015/10/photographer-charged-trespassing-battery-near-tesla-gigafactory/ http://www.thetruthaboutcars.com/2015/10/photographer-charged-trespassing-battery-near-tesla-gigafactory/#comments Tue, 13 Oct 2015 20:25:12 +0000 http://www.thetruthaboutcars.com/?p=1194642 Police say a photographer with the Reno Gazette-Journal on Oct. 9 trespassed at Tesla’s battery factory in Nevada and struck security guards there with a car. According to Storey County Chief Deputy Melanie Keener, the photographer, Jose Andrews Barron, was charged with misdemeanor trespassing and two counts of felony battery. He was taken to Storey County […]

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Police say a photographer with the Reno Gazette-Journal on Oct. 9 trespassed at Tesla’s battery factory in Nevada and struck security guards there with a car. According to Storey County Chief Deputy Melanie Keener, the photographer, Jose Andrews Barron, was charged with misdemeanor trespassing and two counts of felony battery. He was taken to Storey County […]

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Tesla Updating its Cars With Semi-Autonomous Driving Starting on Thursday http://www.thetruthaboutcars.com/2015/10/tesla-updating-cars-semi-autonomous-driving-starting-thursday/ http://www.thetruthaboutcars.com/2015/10/tesla-updating-cars-semi-autonomous-driving-starting-thursday/#comments Tue, 13 Oct 2015 17:00:40 +0000 http://www.thetruthaboutcars.com/?p=1194394 Tesla will begin rolling out its firmware update Thursday to enable some Model S and Model X cars to partially drive themselves, the company’s CEO announced on Twitter. Tesla’s AutoPilot feature will reportedly steer the car during some highway driving and help parallel park the car. A valet feature that would park and retrieve the […]

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Tesla will begin rolling out its firmware update Thursday to enable some Model S and Model X cars to partially drive themselves, the company’s CEO announced on Twitter. Tesla’s AutoPilot feature will reportedly steer the car during some highway driving and help parallel park the car. A valet feature that would park and retrieve the […]

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Columnist: Car Buffs Who Don’t Like Tesla Are ‘Making Shit Up’ http://www.thetruthaboutcars.com/2015/10/columnist-car-buffs-who-dont-like-tesla-are-making-shit-up/ http://www.thetruthaboutcars.com/2015/10/columnist-car-buffs-who-dont-like-tesla-are-making-shit-up/#comments Mon, 12 Oct 2015 17:00:37 +0000 http://www.thetruthaboutcars.com/?p=1193674 A self-professed reformed BMW enthusiast says backlash against Tesla comes from car owners “stuck in the past” who consider grease under their fingernails as a “manliness” status symbol among “nostalgic car weenies.” Basically, military-grade trolling.  Mike Barnard, a writer at Slate.com, says that the time is coming for internal combustion engine fans to give up the ghost […]

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A self-professed reformed BMW enthusiast says backlash against Tesla comes from car owners “stuck in the past” who consider grease under their fingernails as a “manliness” status symbol among “nostalgic car weenies.” Basically, military-grade trolling.  Mike Barnard, a writer at Slate.com, says that the time is coming for internal combustion engine fans to give up the ghost […]

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Tesla’s Biggest Cheerleader Thinks Model X May Be Overpriced http://www.thetruthaboutcars.com/2015/10/teslas-biggest-cheerleader-thinks-model-x-may-overpriced/ http://www.thetruthaboutcars.com/2015/10/teslas-biggest-cheerleader-thinks-model-x-may-overpriced/#comments Tue, 06 Oct 2015 15:30:20 +0000 http://www.thetruthaboutcars.com/?p=1188754 Morgan Stanley analyst Adam Jonas issued a lower target for Tesla on Wednesday, saying the automaker’s SUV price tag is too hefty for the carmaker to meet its production volume goal for 2016. Jonas wrote that the $130,000 SUV is just too pricey (via Business Insider): Even allowing the Model X (average transaction price) to decline over time […]

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Morgan Stanley analyst Adam Jonas issued a lower target for Tesla on Wednesday, saying the automaker’s SUV price tag is too hefty for the carmaker to meet its production volume goal for 2016. Jonas wrote that the $130,000 SUV is just too pricey (via Business Insider): Even allowing the Model X (average transaction price) to decline over time […]

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Tesla’s Model X Is Our Egg-shaped Future and It’s Here http://www.thetruthaboutcars.com/2015/09/teslas-model-x-egg-shaped-future/ http://www.thetruthaboutcars.com/2015/09/teslas-model-x-egg-shaped-future/#comments Wed, 30 Sep 2015 20:00:45 +0000 http://www.thetruthaboutcars.com/?p=1184474 Tesla finally rolled out its third model, the Model X last night to loyalists and some media (not us) Tuesday in California. The SUV’s falcon doors and ludicrously insanely fast 0-60 mph times (3.2 seconds for a car that weighs 5,441 pounds) may get most of the headlines, but the rest of the car’s features and specifications are […]

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Tesla finally rolled out its third model, the Model X last night to loyalists and some media (not us) Tuesday in California. The SUV’s falcon doors and ludicrously insanely fast 0-60 mph times (3.2 seconds for a car that weighs 5,441 pounds) may get most of the headlines, but the rest of the car’s features and specifications are […]

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Musk: Volkswagen’s ‘Trickery’ May Have Been Only Option http://www.thetruthaboutcars.com/2015/09/musk-volkswagens-trickery-may-option/ http://www.thetruthaboutcars.com/2015/09/musk-volkswagens-trickery-may-option/#comments Tue, 29 Sep 2015 18:00:28 +0000 http://www.thetruthaboutcars.com/?p=1183498 Speaking to Auto Express ahead of Tesla’s first European factory opening, Tesla CEO Elon Musk said internal combustion engines have hit their physical limit for efficiency and that Volkswagen engineers may have resorted to lying out of necessity. “There must have been lots of VW engineers under pressure — they’ve run into a physical wall of […]

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Speaking to Auto Express ahead of Tesla’s first European factory opening, Tesla CEO Elon Musk said internal combustion engines have hit their physical limit for efficiency and that Volkswagen engineers may have resorted to lying out of necessity. “There must have been lots of VW engineers under pressure — they’ve run into a physical wall of […]

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Tesla Expanding Referral Program, Still Probably Going To Be Messy http://www.thetruthaboutcars.com/2015/09/tesla-expanding-referral-program-still-probably-going-messy/ http://www.thetruthaboutcars.com/2015/09/tesla-expanding-referral-program-still-probably-going-messy/#comments Wed, 09 Sep 2015 20:00:53 +0000 http://www.thetruthaboutcars.com/?p=1165642 In a letter to Model S owners, Tesla CEO Elon Musk said that its referral “experiment” had gone well and that the company would be expanding the program, according to HybridCars. Owners can refer as many people as they want, and although the “free” Model X cars have likely already been claimed in each of […]

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In a letter to Model S owners, Tesla CEO Elon Musk said that its referral “experiment” had gone well and that the company would be expanding the program, according to HybridCars. Owners can refer as many people as they want, and although the “free” Model X cars have likely already been claimed in each of […]

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Tesla Model X Referral Winner Accused of Spamming Referral Links http://www.thetruthaboutcars.com/2015/09/tesla-referral-contest-sure-get-ugly-hurry/ http://www.thetruthaboutcars.com/2015/09/tesla-referral-contest-sure-get-ugly-hurry/#comments Thu, 03 Sep 2015 19:02:57 +0000 http://www.thetruthaboutcars.com/?p=1160178 According to the Tesla Motors Club, the referral program that would award one Model X to a lucky loyalist in exchange for referring 10 new Model S buyers may already be over. “Kevin2686″ may likely be the North American winner for the free Model X considering he managed to refer 10 new buyers. Forum members say Kevin2686 spam […]

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According to the Tesla Motors Club, the referral program that would award one Model X to a lucky loyalist in exchange for referring 10 new Model S buyers may already be over. “Kevin2686″ may likely be the North American winner for the free Model X considering he managed to refer 10 new buyers. Forum members say Kevin2686 spam […]

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Tesla’s ‘Free’ Model X for Referrals Probably Eligible for Federal Tax Credit http://www.thetruthaboutcars.com/2015/09/teslas-free-model-x-referrals-probably-still-eligible-fed-tax-credit/ http://www.thetruthaboutcars.com/2015/09/teslas-free-model-x-referrals-probably-still-eligible-fed-tax-credit/#comments Thu, 03 Sep 2015 18:40:24 +0000 http://www.thetruthaboutcars.com/?p=1159050 Details on Tesla’s “free” Model X for the first 10 referral buyers have been few since the beginning. First it appeared that the program would be limited by time, then it appeared it would be limited by country, now it appears that it’ll be limited by continent. The first person to refer ten friends in each […]

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Details on Tesla’s “free” Model X for the first 10 referral buyers have been few since the beginning. First it appeared that the program would be limited by time, then it appeared it would be limited by country, now it appears that it’ll be limited by continent. The first person to refer ten friends in each […]

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Tesla’s Model X Will Hit the Streets on September 29, Will Cost $133,000 http://www.thetruthaboutcars.com/2015/09/teslas-model-x-will-hit-streets-september-29/ http://www.thetruthaboutcars.com/2015/09/teslas-model-x-will-hit-streets-september-29/#comments Thu, 03 Sep 2015 14:49:49 +0000 http://www.thetruthaboutcars.com/?p=1159482 Tesla’s third production model, its Model X crossover, will start arriving to customers who have already ordered the car September 29, the automaker announced. Customers for the crossover, which costs $133,000 to $144,000, began ordering options and colors for their cars that include premium sound and “ludicrous speed” modes. The company announced it would hand […]

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Tesla’s third production model, its Model X crossover, will start arriving to customers who have already ordered the car September 29, the automaker announced. Customers for the crossover, which costs $133,000 to $144,000, began ordering options and colors for their cars that include premium sound and “ludicrous speed” modes. The company announced it would hand […]

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Model X Buyers Can Spec Out Their $100K Cars, Add $10K in Speed, Still Get Rebate http://www.thetruthaboutcars.com/2015/09/model-x-buyers-can-spec-100k-cars-add-10k-speed-still-get-rebate/ http://www.thetruthaboutcars.com/2015/09/model-x-buyers-can-spec-100k-cars-add-10k-speed-still-get-rebate/#comments Tue, 01 Sep 2015 18:20:13 +0000 http://www.thetruthaboutcars.com/?p=1158082 Prospective buyers of Tesla’s coming Model X SUV can go online Tuesday and pick out their color and options for their cars, which should be arriving at the end of September, Automotive News is reporting. The online configurator popped up Monday night for potential buyers and forum users started posting pictures of their cars online. The pictures are […]

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Prospective buyers of Tesla’s coming Model X SUV can go online Tuesday and pick out their color and options for their cars, which should be arriving at the end of September, Automotive News is reporting. The online configurator popped up Monday night for potential buyers and forum users started posting pictures of their cars online. The pictures are […]

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Columnist: Consumer Reports ‘Prostituted’ Itself With Tesla Review http://www.thetruthaboutcars.com/2015/08/columnist-consumer-reports-prostituted-tesla-review/ http://www.thetruthaboutcars.com/2015/08/columnist-consumer-reports-prostituted-tesla-review/#comments Mon, 31 Aug 2015 15:30:52 +0000 http://www.thetruthaboutcars.com/?p=1157098 Wall Street Journal columnist Holman W. Jenkins (great name) slammed Consumer Reports for its glowing review and better-than-perfect score for the Tesla Model S P85D, in part, because the $127,000 car still qualifies for a government tax break. “Prostitute is not too strong a word,” he wrote. “… (Consumer Reports) is shilling not only for the […]

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Wall Street Journal columnist Holman W. Jenkins (great name) slammed Consumer Reports for its glowing review and better-than-perfect score for the Tesla Model S P85D, in part, because the $127,000 car still qualifies for a government tax break. “Prostitute is not too strong a word,” he wrote. “… (Consumer Reports) is shilling not only for the […]

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Consumer Reports Rates ‘Imperfect’ Car With Perfect Score http://www.thetruthaboutcars.com/2015/08/consumer-reports-rates-imperfect-car-perfect-score/ http://www.thetruthaboutcars.com/2015/08/consumer-reports-rates-imperfect-car-perfect-score/#comments Thu, 27 Aug 2015 16:00:05 +0000 http://www.thetruthaboutcars.com/?p=1154009 Consumer Reports says that Tesla’s Model S P85D initially scored 103 points out of a possible 100, which initially “broke” their rating system. Consumer Reports adjusted the overall score to 100, and said that the Model S P85D wasn’t perfect, but that it was very good: To be clear, the Tesla’s 100 score doesn’t make […]

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Consumer Reports says that Tesla’s Model S P85D initially scored 103 points out of a possible 100, which initially “broke” their rating system. Consumer Reports adjusted the overall score to 100, and said that the Model S P85D wasn’t perfect, but that it was very good: To be clear, the Tesla’s 100 score doesn’t make […]

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Tesla’s Second Stock Sale Nets $738M for Automaker http://www.thetruthaboutcars.com/2015/08/teslas-second-stock-sale-nets-738m-automaker/ http://www.thetruthaboutcars.com/2015/08/teslas-second-stock-sale-nets-738m-automaker/#comments Thu, 20 Aug 2015 20:00:10 +0000 http://www.thetruthaboutcars.com/?p=1148929 Tesla’s second stock offering netted the automaker $738 million in cash for its Gigafactory, Model 3 development, and dealer and service upgrades, Bloomberg is reporting. Banks exercised their options to buy more stock than the initial $500 million estimate, with underwriters Morgan Stanley and Goldman Sachs buying more than 2 million of the available 3.1 […]

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Tesla’s second stock offering netted the automaker $738 million in cash for its Gigafactory, Model 3 development, and dealer and service upgrades, Bloomberg is reporting. Banks exercised their options to buy more stock than the initial $500 million estimate, with underwriters Morgan Stanley and Goldman Sachs buying more than 2 million of the available 3.1 […]

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