Elon Musk, the Tesla CEO known for his out-of-the-box ideas, has announced a vision for the future that spells the death of driving as we know it. On the company’s third-quarter earnings call Wednesday, Musk said the current business model of human-driven cars is coming to an end and will be replaced by self-driving electric … Read more
Tesla is arguably one of the most advanced AI companies in the world, but its stock is dictated by margins. Over the past three years, Tesla’s average gross profit per vehicle down 60%, falling from more than $14,400 in Q3 2021 to less than $6,000 in Q2 2024, underscoring the difficulties Tesla has faced in … Read more
“To continue to accelerate the world’s transition to sustainable energy, we need to make electric cars affordable for everyone, including making the total cost of ownership per mile competitive with all modes of transportation,” the company said. “Preparations are still underway for our range of new vehicles – including more affordable models – which we … Read more
I just got back from driving about 200 miles (350 km) with Tesla’s (supervised) Full Self-Driving, and the system is getting better, but it’s also getting more dangerous as it gets better. The risk of complacency is terrifying. Last weekend I went on a road trip covering about 200 miles from Shawinigan to Quebec City … Read more
Elon Musk has repeatedly denied that the fact that he went “all-in on Donald Trump,” the controversial former president, is negatively affecting his businesses. Now he went so far as to claim that Tesla’s sales are at ‘all-time highs’. During an X Space yesterday, Tesla’s CEO was asked what he thinks about the claims that … Read more
Tesla has launched another round of free trials of its Full Self-Driving (FSD) Supervised software, just over a week after the company unveiled its Cybercab and Robovan autonomous vehicle platforms. Customers in both the US and Canada received emails this week about another 30-day free trial of FSD Supervised, marking the second time Tesla has … Read more
Welcome to Car and driver‘s Test Hubwhere we zoom in on the test numbers. We’ve been pushing vehicles to their limits since 1956 to provide objective data to bolster our subjective impressions (you can see how we test here). Surprisingly, the revamped Tesla Model 3 Performance doesn’t have a ridiculous driving mode à la larger … Read more
Tesla’s Cybertruck continues to make headlines, not only for its unique design, but now for a famous review by motoring journalist Jason Cammisa, whose video recently won Best Journalism Film at the International Motor Film Awards. Wes Morrill, Tesla’s lead engineer for the Cybertruck, shared insights into the making of the video and reflected on … Read more
Has there ever been a car as polarizing as the Tesla Cybertruck? The futuristic-looking electric pickup truck released by Elon Musk’s EV company last November recently became the best-selling vehicle priced at over $100,000. There is still great demand for the car – but there are as many detractors as there are fans. Critics point … Read more
The Chinese car manufacturer BYD (Build Your Dreams) is scouting electric car factories in Mexicoand the move is set to rattle the likes of Tesla in the EV market as BYD further cements itself in the industry. The options are down to three states; however, some sources say plans have been put on hold to … Read more