Tesla

The highly anticipated 2024 Tesla Model 3 , codenamed Highland, has finally arrived. As a matter of fact, sales began in Europe well before North America, a first for Tesla. Units for the Canadian market will be built both in the U.S. and China, another first. Whichever plant the updated …

Canadians are not letting high prices and interest rates prevent them from getting their hands on a new electric vehicle or plug-in hybrid —thanks to Ottawa. A total of 95,775 Incentives for Zero-Emission Vehicles (iZEV) claims were made by dealers on behalf of customers during the first half of 2024.

Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on autonomous driving and other technology. Elon Musk's electric vehicle company reported profits of $1.5 billion, down 45 percent, on revenues of $25.5 billion, which were up two percent behind an …

Tesla saw its shares surge on Tuesday after reporting auto deliveries that beat analyst estimates. The electric carmaker said it delivered around 444,000 vehicles worldwide in the April-June period, exceeding consensus estimates compiled by FactSet and sending its share price up around 9 percent. But deliveries were still 4.7 percent …

Every year for nearly two decades now, with the U.S. Independence Day approaching, Cars.com releases its American-Made Index, highlighting and ranking the top 100 vehicles manufactured in the country. The study is based on five main criteria including final assembly location, percentage of U.S. and Canadian parts, engine origin, transmission …

With rising prices and interest rates over the past couple of years, getting more bang for your buck has become more important than ever for a lot of people, especially when it comes to large expenses such as a new car. Automotive data research firm Vincentric today announced the winners …

Rental car giant Hertz had bold plans to electrify its fleet, ordering no fewer than 100,000 cars to Tesla back in 2021. But three years later, the harsh reality of the EV market in the U.S. is hitting the company big time. In January, we told you that Hertz would …

After announcing it would lay off 10 percent of its global workforce in mid-April, Tesla this week decided to fire its head of new products as well as the senior director of its Supercharger team, along with everyone reporting to them. Around 500 people are affected. The automaker informed employees …

Tesla didn’t waste too much time adjusting the prices of the refreshed and improved 2024 Model 3 . Customers will rejoice, except obviously those who ordered one in the past couple of months. You see, the single-motor Model 3 RWD now carries a base MSRP of $50,990 instead of $53,990, …