Consumer Reports pulls off recommendation for Tesla’s Model 3, citing reliability

Images of 2017 Tesla Model 3

Consumer Reports on Thursday yanked a recommendation for Tesla Inc’s Model 3, pointing out reliability issues, and the influential U.S. magazine turned up the pressure on other automakers to include crash-avoiding automatic braking as conventional equipment. The magazine’s decision to withdraw its recommendation for the Tesla Model 3 less than nine months after endorsing the […]

Volkswagen’s Electrify America purchases Tesla devices for EV charging stations

Tesla Supercharger Program

Volkswagen AG unit Electrify America stated on Monday it will set up Tesla battery storage packs at over 100 charging stations throughout the United States to keep expenses down for drivers charging electric vehicles. Electricity users can incur high-demand charges from numerous U.S. utilities when they draw enough energy from the grid in a short […]

Tesla prompts tariff exemption for Chinese-made car computer ‘brain’

Tesla Inc logo

Tesla Inc has asked the Trump administration make exemption for the Chinese-made car computer “brain” of its new Model 3 sedan from 25 percent tariffs imposed in August, stated they threaten the electric automaker’s bottom line. “Increased tariffs on this particular part cause economic harm to Tesla, through the rise of costs and impact to […]

Tesla sets up Shanghai financial leasing company as China plans accelerate

People visit a Tesla Model S car during the Auto China 2016 in Beijing, China, April 25, 2016. REUTERS/Jason Lee/File Photo

Tesla Inc has registered a financial leasing company in China, a regional business registration filing shows, in the recent sign the U.S. electric automaker is trying to speed up its push into China. The California-based automaker, led by CEO Elon Musk, has started a wholly-owned financial leasing unit in Shanghai’s free trade zone with registered […]