🚗 Tesla China has launched a zero downpayment program for inventory and showroom Model 3 and Model Y units. 💰 Customers purchasing an inventory Model 3 could see an annualized interest rate starting at 4.58%, with daily payments as low as RMB 145 ($20.01). 🚙 For the Model Y, daily payments could be as low…
🚗 Tesla provided a glimpse of its Robotaxi-powered ride-hailing service app, which would allow users to summon a driverless vehicle. 🤖 The company aims to compete with major ride-hailing services and enable car owners to earn money while their vehicles are in autonomous mode. 💰 Tesla believes a profitable autonomy business can be achieved through…
🚗 The new Tesla Model 3 Performance qualifies for the $7,500 federal tax credit, making it more affordable than the Long Range AWD variant with incentives and estimated gas savings. 💰 With the federal tax credit and estimated gas savings, the Model 3 Performance’s adjusted price of $40,490 is lower than the Long Range Dual…
🤖 The Tesla Optimus humanoid robot could start selling externally by 2025, according to Elon Musk’s comments during the Q1 2024 earnings call. 🏭 Tesla seems to be making rapid progress in developing Optimus, with the robot already performing simple tasks at the company’s factories. 🔍 A recent job posting hints that Tesla Optimus robots…
🤝 Tesla confirmed that it is currently in talks with a major automaker for a potential licensing deal for its Full Self-Driving (FSD) system. 🚗 Elon Musk stated that it is becoming increasingly evident that a vision-based approach is the right path to autonomy, and adopting FSD should not be complicated for other automakers. 🔮…
🚗 Tesla Full Self-Driving (FSD) users have passed 1.3 billion cumulative miles, and this number is expected to increase rapidly in the coming quarters. 💰 Tesla has made FSD more affordable by offering it as a $99 per month subscription, contributing to the rapid growth in cumulative miles driven. 🤖 Tesla has rolled out FSD…
🏆 Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, averaging just $4,035 according to a data analysis by Consumer Reports. 💰 Four out of the five least expensive brands for maintenance were U.S. companies: Tesla, Buick, Lincoln, and Ford. 🚗 Expensive luxury vehicle brands, such as Land Rover and…
💰 Tesla has reduced the prices of its vehicles in multiple key markets around the world, following the price cuts in the U.S. last week. 🇨🇳 In China, Tesla reduced the price of the rear-wheel-drive Model 3 to 231,900 yuan (~$32,013), a drop of 14,000 yuan (~$1,933). 🇩🇪 In Germany, the price of the Model…
🗞️ Tesla’s US marketing team, including the “growth content” team of about 40 workers, has reportedly been affected by the company’s recent round of layoffs. 👨🎨 Some members of Tesla’s Design Studio in Hawthorne, CA were also reportedly impacted by the job cuts. 🗣️ Elon Musk acknowledged that Tesla’s advertisements have been too generic, stating,…
💰 Tesla Thailand launched a special interest rate program for Model 3 and Model Y customers, starting at 2.49%. 🎁 The limited program includes a 1st class insurance and a 4-year Tesla car maintenance package. ⏰ Customers must order and pick up their vehicles by June 28, 2024, to qualify for the special rates. 📈…