Tesla is charming Chinese customers with the Model 3’s excellent efficiency

By Simon Alvarez Posted on May 9, 2019 Tesla Model 3 owners in China are taking to local social media platforms to express their appreciation of their electric cars. While China is already saturated with electric vehicles from local manufacturers, customers are noticing that Teslas are a cut above the average EV not only in …

Tesla Model S owners report performance drop as ‘Launch Mode’ disappears after firmware update

By Simon Alvarez Posted on May 9, 2019 Some of Tesla’s recent firmware updates appear to have adversely affected a number of Model S variants, with electric car owners reporting that their vehicles lost features like Launch Mode and Max Battery Power after installing firmware 2019.x. This has resulted in slower-than-usual launches, particularly among Model …

Tesla (TSLA) completes $2.7B funding round as BMW pledges more EV competition

By Simon Alvarez Posted on May 8, 2019 Tesla (NASDAQ:TSLA) announced on Wednesday that it had closed its $2.7 billion offering of stock and convertible notes. The electric car maker also noted that it had oversubscribed its funding round, giving the company ample cash as it ramps up Model 3 production and prepares for other …