THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
On an early morning in March, a 2018 Tesla Model 3 electric-powered passenger vehicle crashed into a tractor-trailer near Delray Beach, Florida. The National Transportation Safety Board now says the car’s autonomous control system was engaged at the time of the accident.
Tesla has raised the price of its cheapest Model 3 electric vehicle by $400, and is now $35,400.
In a series of tweets, CEO Elon Musk announced Tesla has gone into the trucking business.
NHTSA recently issued a statement that a 5-star rating is the highest rating a vehicle can achieve under its crash-testing program, but stopped short of naming one vehicle as the safest vehicle on the road today.
Tesla shares declined 5.5% on Tuesday after the company said Monday it reached its goal to produce 5,000 Model 3 cars during the last week of the June quarter, as the tide among several Wall Street firms drifts toward skepticism about the company.
Tesla only delivered 1,550 Model 3 cars in the fourth quarter of 2017 and won’t hit full scale production of the vehicle until June.
We’re not where we need to be with battery technology and the whole herd seems to be betting that a magical new solution will appear in time to save us all. I sure hope they are right.
Green vehicles were in shorter supply at the 2017 Los Angeles Auto Show compared to a year ago. However, the show featured Tesla's Model 3, Jaguar's I-Pace electric SUV, and a pair of BMW i8 variants. Read full coverage here. Photos by Chris Brown, Paul Clinton, Eric Gandarilla, Paul Lim, Andy Lundin, and Roselynne Reyes.
Tesla produced less than one-fifth of the Model 3 sedans in the initial quarter of production of the vehicle than it promised, and an independent survey shows potential customers losing interest in the vehicle.
Tesla handed over the first 30 Model 3 battery-electric sedans to customers during a July 28 handover event at the company's Fremont, Calif., factory and pricing for most buyers will be significantly more than the $35,000 initially announced.