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 …

Tesla Gigafactory 3 is what happens when Elon Musk’s vision is taken seriously

By Simon Alvarez Posted on May 7, 2019 To say that the buildout of Tesla’s Gigafactory 3 in China is fast is a gross understatement. Within a few months, Tesla’s 864,885-square meter lot in Shanghai’s Lingang Industrial Area has been transformed from a large, muddy field into a site where a massive electric car factory …