Hyundai aims at Tesla’s Model 3 with electric Ioniq 5 crossover

Hyundai is the latest car maker to unleash a new electric vehicle on the market, and it has clear intentions of taking down the market-leading Tesla Model 3. The Ioniq 5 is a bold new family-size crossover to be launched under the Korean manufacturer’s ‘Ioniq’ electric car sub-brand this summer. Reports suggest entry models will … Read more

Hyundai takes aim at Tesla’s Model 3 with its bold electric Ioniq 5 crossover

Hyundai is the latest car maker to unleash a new electric vehicle on the market, and it has clear intentions of taking down the market-leading Tesla Model 3. The Ioniq 5 is a bold new family-size crossover to be launched under the Korean manufacturer’s ‘Ioniq’ EV sub-brand this summer. Reports suggest entry models will cost … Read more

Bitcoin heads for $50,000 after Tesla’s £1bn investment

Bitcoin heads for $50,000 as Tesla’s £1bn investment sparks interest in the cryptocurrency By Daily Mail City & Finance Reporter Published: 23:16 GMT, 9 February 2021 | Updated: 23:16 GMT, 9 February 2021 Bitcoin is fast approaching $50,000 as the cryptocurrency revelled in Tesla’s huge £1.1billion investment. The price climbed as high as $48,215, taking … Read more

Tesla’s actual creators hit out at Elon Musk and describe the eccentric billionaire as ‘complicated’

The creators of Tesla appeared to hit out at Elon Musk in a newly revealed interview, slamming claims he’s the founder of the electronic vehicle giant, when he was actually just an early investor. True founders Martin Eberhard and Marc Tarpenning, who set up Tesla in 2003, made the comments in an CNBC interview released … Read more

‘Production is hell’: Elon Musk says criticism of Tesla’s quality is ‘accurate’

Tesla has been branded as producing bad quality vehicles, but in a recent interview CEO Elon Musk says the criticism is ‘accurate.’ Speaking with manufacturing expert Sandy Munro, Musk came clean about his company’s mistakes and reveals why problems, such as bad paint jobs and the Model 3 design, are common  and notes ‘production is … Read more

Tesla’s 2020 deliveries beat estimates but fall short of Elon Musk’s target of half a million cars

Tesla Inc. on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry. The company delivered 499,550 vehicles during 2020, above Wall Street estimates of 481,261 vehicles, according to Refinitiv data – but 450 … Read more

Tesla’s shares fall as it makes debut on Wall Street’s S&P 500

Electric car manufacturer Tesla’s shares fall as it makes its debut on Wall Street’s S&P 500 By Daily Mail City & Finance Reporter Published: 22:20 GMT, 21 December 2020 | Updated: 22:20 GMT, 21 December 2020 Tesla shares fell yesterday as it made its debut on Wall Street’s S&P 500.  The blue-chip index measures the … Read more

Elon Musk defends Tesla’s Battery Day during podcast, saying the results will speak for themselves

Tesla’s Battery Day was deemed a failure after CEO Elon Musk presented a prototype via a PowerPoint presentation instead of a working battery – but Musk has defended the event in a recent podcast. Musk was a guest on the ‘Sway,’ where he said ‘the average person has no idea’ when it comes to manufacturing. … Read more

Expensive Land Rovers and Teslas are the most UNRELIABLE cars, says watchdog

British car maker Land Rover and US electric vehicle producer Tesla have been named the two most unreliable manufacturers in a poll of thousands of UK drivers. Land Rover, which has for years struggled with reliability issues with its big – and expensive – 4X4s, was named the least dependable brand for cars aged 0 … Read more

Elon Musk announces ‘tabless’ battery for Tesla’s electric cars that is six times more powerful

Tesla CEO Elon Musk announced a ‘tabless’ battery at the firm’s live-streamed ‘Battery Day’ that had attendees sitting in their own Tesla watching the billionaire speak on a stage.  Musk shared the firm is currently producing the cell, dubbed 4680, at its pilot Fremont gigafactory -making it Tesla’s first in-house battery. Eliminating the tabs allows for … Read more