Tesla Model 3's Design Isn't Finalized; Musk Flings Cash to Kick-Start Production

At the Tesla Model 3’s glitzy unveiling, everyone knew the model was a half-baked cake. Now, company founder Elon Musk admits the much-hyped electric sedan still isn’t out of the oven.

Musk said in a recent conference call that the design of the $35,000 Model 3 EV still isn’t finalized, according to Reuters, and the company plans a spending spree to get the model into production on time.

Read more
Want Your Tesla Model 3 Before 2019? You'd Better Act Fast

Time’s a wastin’ if you want to impress your friends and neighbors with a gee-whiz Tesla Model 3 anytime in the next three years.

As he’s known to do, Tesla founder Elon Musk took to Twitter last night to warm wannabe owners about the growing wait for his $35,000 electric sedan. If you’re just lining up for a Model 3 now, consider signing a lease for another vehicle while you wait — you probably won’t have to terminate it early.

Read more
Musk Admits to Factory Sleepovers as Tesla Gets Real on Production Forecast

There’s probably no s’mores or ghost stories, but Tesla founder Elon Musk is still a fan of camping out at his company’s Fremont, California production facility.

Musk admitted to giving his sleeping bag a regular workout during a recent earnings call, during which he outlined his production goals for the upcoming Model 3. The optimistic deadline of July 1, 2017 is now viewed as impossible (due to supply issues), but Musk is optimistic that significant quantities of the $35,000 EV will be out the door before New Year’s Eve.

Musk might need to splurge on an upgraded sleeping bag next summer.

Read more
Journalist Prods Elon Musk Into Closing the Model 3's Bulk Order Loophole

Like a sign next to the egg roll pit at a Chinese buffet, Tesla’s “two Model 3s per person” rule could have been ignored by hungry customers.

Tesla founder Elon Musk had to go on the defensive recently after a financial journalist reserved 20 units of the upcoming 215-mile electric sedan, Automotive News reports.

Read more
Hold Up, Ford Wants a 200-Mile EV After All

It seems Ford didn’t want to stay home from the EV dance.

Just 10 days after Ford Motor Company electrification guru Kevin Layden said that 100 miles of range is just plenty, thank you very much, CEO Mark Fields is now saying something very different.

Read more
Can the Tesla Model 3 Break Even at $35,000? This Guy Says 'Nope'

Tesla is in the game to make money with its $35,000 Model 3, due out in late 2017, but that claim was recently disputed by an industry insider.

Jon Bereisa, an electric vehicle engineering consultant (and former General Motors systems architect responsible for the Chevrolet Volt), said recently that the Model 3 needs to be much more expensive for Tesla to break even, according to StreetInsider (via Electrek).

Read more
Meow, Nissan: Automaker Slaps Tesla in New Leaf Ad

Nissan is trying to play Tesla’s lengthy Model 3 waiting list to its advantage.

A print ad that landed in the country’s most-read newspapers this morning is playing up the Model 3’s wait times, according to Automotive News, and encouraging EV buyers to go the faster route by buying a Leaf.

There’s nothing subtle about the ad, which would have been green-lit by Nissan’s intimidating sales and marketing head Christian Meunier. Since taking on the role in January, Meunier has laid out an aggressive marketing strategy, meaning the Leaf spot could be the first of many cheeky ads.

Read more
There's a (100-Mile) Ford in Your Future, But That's About It

Ford Motor Company is hitting the brakes in the electric vehicle range war.

While competitors like Tesla and General Motors are busy preparing EVs with ranges of 200 miles or more, Ford is staying put at the 100-mile line, Automotive News has reported.

Though it plays well in the plug-in hybrid game with models like the C-Max and Fusion Energi, the automaker’s only “pure” EV — the Focus Electric — has lingered near the back of the pack in terms of range since debuting in 2012.

Read more
Tesla Model 3 Nears 400,000 Orders; Sergio Disses Musk

Orders of the life changing, marriage-saving Tesla Model 3 are poised to hit 400,000, but Fiat Chrysler Automobiles CEO Sergio Marchionne doesn’t think they’ve got the right stuff.

Diarmuid O’Connell, Tesla’s vice-president of business development, confirmed the number of orders at an electric vehicle conference in Amsterdam yesterday, two weeks after the low-priced model’s glitzy unveiling, Electrek has reported.

Read more
Juggling Act: Tesla Will Have to Deal With a Tax Credit Gap

Much to the delight of EV fanatics and sandal enthusiasts around the world, Tesla reported last week that 325,000 people had placed refundable $1,000 deposits on its Model 3 sedan. Even pessimistically projecting a defection rate of 25 percent, that’s still nearly a quarter of a million cars which need to be built and delivered starting late next year.

Industry analysts have nattered at length about the logistics of the mass order and Tesla’s ability to pull it off. However, there is a new obstacle on the horizon, this time involving the core reason many have given for reserving a Model 3: tax credits.

Read more
Forget the Model 3, the Tesla Model S Could Look Different Soon!

Suffice it to say the Model 3 has consumed all of the Tesla oxygen in the past few weeks, but that doesn’t mean the Model S is just going to roll over and play dead.

Sources inside the company told CNET that a changes are coming for the ground-breaking electric sedan, possible as early as next week. If true, Tesla founder Elon Musk clearly knows a thing or two about sustaining buzz.

The shadowy source claims the Model S will receive an exterior facelift and a slight move upmarket thanks to more luxurious interior trappings.

Read more
For Tesla Model 3 Buyers, the Waiting Could Be the Hardest Part

Tesla Motors is cranking out EVs at its fastest clip yet, but buyers who put money down on the Model 3 should still have serious questions about the timeliness of their delivery date.

In the first quarter of this year, Tesla delivered 12,420 Model S sedans and 2,400 Model X SUVs — nearly 50 percent more volume than the same period last year. The electric automaker said a parts shortage in January and February hampered Model X production, but with the issue resolved, deliveries of 80,000 to 90,000 Teslas can be expected this year.

Read more
Revealed: The Tesla Model 3 Offers 215 Miles of Range and a Vague Delivery Date

The Tesla Model 3 had its curtain of hype lifted tonight, and it exists after all.

Sleek, with pronounced shoulders and a roofline that slopes to the decklid, the newest Tesla remains over a year away from production, but at least it now has a face.

Or lack thereof. But more on that later.

Tesla founder Elon Musk said the Model 3 will have an EPA-rated range of “at least” 215 miles, and will retail for $35,000. Every Model 3 — even base versions — will hit 60 miles per hour in less than six seconds.

Read more
LIVE: Watch the Tesla Model 3 Launch, Tonight at 8:30 PM PT

The wraps are coming off the hotly-anticipated Tesla Model 3 tonight, and the event will be broadcast live at 8:30 p.m. PT, 11:30 p.m. ET.

If you didn’t spent the first order day lining up around the block to put $1,000 down on the lower-priced Tesla, you can at least live vicariously through your computer screen.

Tesla founder Elon Musk tweeted yesterday that tonight’s launch is “Part 1” of the reveal, with the second coming closer to the model’s production date. This implies the Model 3 shown tonight won’t be the exact vehicle you’ll drive when it hits the market in late 2017.

It likely won’t be embryonic, either.

Watch the Tesla Model 3 launch here

Read more
TTAC News Round-up: Mazda Doesn't Need No Stinkin' Hybrids, Volkswagen Rebuffs Deadline, and March Looks Like a Winner

“Hybrids? Those things that can’t make up their mind on what they want to be in life? Come on!” – Mazda.

That, Volkswagen floors the accelerator past a deadline, March looks like a boffo month for vehicle sales, Audi dials it back a bit, and getting a Tesla Model 3 depends on whether or not you’re in the club … after the break!

Read more
  • Ronin It's one thing to stay tried and true to loyal past customers; you'll ensure a stream of revenue from your installed base- maybe every several years or so.It's another to attract net-new customers, who are dazzled by so many other attractive offerings that have more cargo capacity than that high-floored 4-Runner bed, and are not so scrunched in scrunchy front seats.Like with the FJ Cruiser: don't bother to update it, thereby saving money while explaining customers like it that way, all the way into oblivion. Not recognizing some customers like to actually have right rear visibility in their SUVs.
  • MaintenanceCosts It's not a Benz or a Jag / it's a 5-0 with a rag /And I don't wanna brag / but I could never be stag
  • 3-On-The-Tree Son has a 2016 Mustang GT 5.0 and I have a 2009 C6 Corvette LS3 6spd. And on paper they are pretty close.
  • 3-On-The-Tree Same as the Land Cruiser, emissions. I have a 1985 FJ60 Land Cruiser and it’s a beast off-roading.
  • CanadaCraig I would like for this anniversary special to be a bare-bones Plain-Jane model offered in Dynasty Green and Vintage Burgundy.