October 21, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
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    Tesla reports record quarterly deliveries of 139,300 vehicles

    Tesla Inc said on Friday that it delivered 139,300 vehicles in the third quarter, a quarterly record for the electric automaker. The automaker beat consensus estimates by Refinitiv for deliveries of 134,720 vehicles, but fell short of some of Wall Street’s most bullish forecasts, with experts issuing a wide range of estimates. Tesla made deliveries […]

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    Elon Musk

    Record Tesla vehicle deliveries possible in third quarter, says Elon Musk

    Tesla Inc has a chance to deliver a record number of vehicles in the third quarter, the U.S. electric automaker’s CEO Elon Musk said in an internal email, urging workers to work hard to achieve that goal. “We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to […]

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    Tesla shares increase 13% as strong deliveries drive profit optimism

    Shares of Tesla Inc increased 13% to a record high on Monday, extending their rally to more than 40% in five sessions after analysts raised their price targets on the electric automaker following its strong quarterly deliveries. The day’s jump has boosted Tesla’s stock market value by $30 billion, eclipsing the entire value of Ford […]

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    Tesla says orders placed by October 15 eligible for full tax credit

    Tesla Inc stated orders for cars placed by October 15 will be eligible for a full federal tax credit of $7,500 and these clients will get their vehicles delivered by the end of the year. Under a major tax overhaul passed by the Republican-controlled U.S. Congress late last year, rewards in the way of tax […]

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    Tesla deliveries increased in third quarter

    Tesla stated on Monday its deliveries increased 4.5 percent in the third quarter from the prior-year duration, but said “production bottlenecks” had left the automaker behind its planned ramp-up for the brand-new Model 3 mass-market sedan. Tesla said it provided 26,150 vehicles in the third quarter, consisting of 14,065 Model S vehicles and 11,865 Model […]

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

    Third-quarter deliveries to include 3,500 vehicles in transit, says Tesla

    Tesla stated current-quarter deliveries are going to include about 3,500 vehicles that were in transit to clients at the end of the 2nd quarter, on a day the automaker’s first Model 3 rolls off the assembly line. The automaker stated on Monday it has made deliveries of about 47,100 electric sedans and SUVs during first […]

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    Tesla Model X

    Tesla publishes 9.4 percent drop in quarterly deliveries

    Tesla Motors stated on Tuesday fourth-quarter deliveries dropped 9.4 percent because of short-term production difficulties from the shift to a new auto-pilot hardware. Deliveries dropped to about 22,200 automobiles in the 4th quarter from 24,500 automobiles in the preceding quarter. Overall deliveries for last year of 76,230 likewise disappointed the automaker’s forecast of 80,000 to […]

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