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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. In Germany, Tesla reduced the price of its Model Y Long Range by €5,000 to €49,990 ($54,340), a discount of 9%.

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Elon Musk makes opening remarks in SolarCity trial, defends Tesla’s $2.6B acquisition

Teslarati

Elon Musk has made his opening remarks in a Wilmington, Delaware, courthouse on Monday morning, defending Tesla’s $2.6 The deal took place in 2016 and gave Tesla full possession of the solar panel maker, a move that some Tesla shareholders were not keen on, as some are alleging the move was a bailout of SolarCity.

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Tesla’s $2.6bn SolarCity acquisition lawsuit ruled in favor of Elon Musk

Teslarati

A lawsuit between Tesla Shareholders and Elon Musk ended on Wednesday with a Delaware court ruling in favor of CEO Elon Musk. Shareholders believed Tesla’s acquisition of SolarCity in 2016 was a bailout of a company owned by two of Musk’s cousins, which was unfair to them.

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Anderman report sees strongest growth for full-hybrid systems; Li-ion batteries for hybrids may be in short supply

Green Car Congress

While Tesla’s success in selling luxury EVs with price tags in the range of $70,000 to $100,000+ surprised the industry, most automakers see in this success a niche-market story that cannot be duplicated with a mass-market vehicle. A note on Tesla. Tesla is positioned to hold second place and BMW, third place.

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Update: Top 10 Electric Cars

Clean Fleet Report

The hard numbers for the Top 10 EV sellers for the first eight months of 2021 are as follows: Tesla Model Y 105,445. Tesla Model 3 80,681. Tesla Model S 6,212. The list also reflects the continuing dominance of Tesla in the market, something we acknowledge in our rankings. Tesla – the 4,800-pound Gorilla.

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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

million conditional loan to Fisker Automotive for the development of two lines of plug-in hybrids—the Karma and the new Project Nina vehicle—by 2016. and $465 million to Tesla Motors. Tags: Hybrids Plug-ins Policy. The US Department of Energy is awarding a $528.7-million The first three conditional loans included $5.9

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How Much is a Tesla? Much Less, After These Tax Credits and Rebates

EV Life

Teslas are by far the most popular electric vehicles in the industry today, controlling over 60% of the EV market. Recently, Tesla has been adjusting the pricing for many of its vehicles, with some models changing four times in just the last month.