In the first quarter of 2021, Tesla generated a surplus of 438 million US dollars (around 362 million euros) and revenue of 10.389 billion US dollars, (around 8,593 billion euros). Tesla says this is mainly due to lower costs.
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Tesla announced new record deliveries of 184,800 electric cars during the first quarter of 2021. Q1 of any year but especially this Covid-year is traditionally a slow quarter for car companies which makes it even more remarkable.
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Tesla is apparently planning to close its European assembly plant in Tilburg, the Netherlands. Dutch media report that the assembly of the Model S and X there will be stopped “very soon”. This is likely due to the two models being updated.
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Tesla wants to submit the application for approval for the production of battery cells in Grünheide to German authorities by July of this year at the latest. According to the corresponding media report, the production start for the cells in Grünheide is targeted for 2022.
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Tesla apparently wanted to shut down production for the Model 3 in Fremont for a fortnight due to an industry-wide chip shortage. But the production shutdown only lasted a few days. But there is also new information about the Model Y from Grünheide.
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The “Yoke” steering wheel presented by Tesla as part of the refresh of its Model S and Model X, which many thought was a marketing gag with no chance of realisation, is apparently actually eligible for registration in Europe.
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Tesla has begun accepting orders for the Model 3, Model S and Model X in Israel. Deliveries of the Model 3 are scheduled to start there at the end of March, those of the Model S and X in the fourth quarter of 2021.
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Tesla unveiled new Model S and Model X variants and opened the configurator following last night’s earnings call. The redesigned interior frames a new “yoke” steering wheel which evokes racing dreams, only they are not. There are also revised powertrains.
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Italy’s luxury design house ARES has converted the Tesla Model S into a two-door convertible, commissioned by a private client. The price remains undisclosed but ARES said they would gladly undertake further conversions of this kind upon request.
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Tesla has officially started deliveries of the Model Y built in China. Meanwhile, preparations for the production of the European Model Y in Giga Berlin continue and it is looking like the plant could become larger than initially thought. There are also increasing indications that the Model S and Model X will soon be refreshed.
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Tesla has reached a new pricing agreement with its longtime partner Panasonic on battery cells manufactured in Japan for the period Oct. 1, 2020, through March 31, 2022, according to a now-released filing with the U.S. Securities and Exchange Commission.
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Tesla delivered 499,550 vehicles last year, almost reaching the half a million electric cars targeted before the Corona pandemic. The Californian company managed to goal to produce 500,000 electric cars.
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Production of the Model S and Model X in Fremont will be halted for just under three weeks. This is fuelling speculation that both models might be getting a refresh. Meanwhile, according to reports from China, Tesla has now also begun production of the performance version of the Model 3.
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The Dutch cab company Bios-Groep that uses around 70 Tesla cabs at Amsterdam’s Schiphol Airport has now had enough of the electric car manufacturer’s persistent technical defects and poor service. The company is going to court and is demanding 1.3 million euros in damages from Tesla.
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Tesla appears to be planning a production facility for chargers near its car factory in Shanghai. Over in Europe, the prices for the Model S and Model X have been increased, while in the USA the Model X and some Model Y will have to go to the workshop for a recall.
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Tesla is apparently planning a significant expansion of its service capacities. Information leaked to a US publication shows Elon Musk’s management team has announced to employees that it plans to open at least one service centre per week in 2021.
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Tesla just reported third-quarter results including net income of 331 million dollars (GAAP) on revenue of $8.77 billion, meaning Tesla again broke its own records or simply continues to grow.
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Tesla has now apparently started to export Model 3 produced in China to Europe – a first order from France already contains the reference ‘Model 3 – China’. In addition, not only the Model 3 is to receive additional range, but also the Model S and Model X.
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Tesla has again reduced the price of the basic version of the Model S, possibly in reaction to the prices that were just revealed for the competing Lucid Air.
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Tesla publishes production and delivery figures for Q3 and rewrites their own record: Deliveries were at 139,300 electric vehicles in this third quarter. That is 48,650 more EVs than in Q2/2020.
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Tesla presented the series version of the Model S with plaid drive at the company’s eagerly-awaited Battery Day. The sedan with three electric motors revealed some impressive performance data. Although the model can be pre-ordered from now on, it will still take some time until deliveries start.
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The British funeral car manufacturer Coleman Milne is now offering a purely electric hearse based on the Tesla Model S. The conversion was a collaboration between British firm and the German luxury coachbuilder Binz.
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In California, Tesla already insures its customers’ cars itself, and there is growing evidence that the EV manufacturer is planning to do the same in other parts of the world. In China, a corresponding company has already been founded.
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Tesla has reduced the price for the CCS upgrade of the Model S and Model X for V3 superchargers in Europe from 500 to 299 euros. The new price was negotiated by European Tesla clubs.
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Tesla is reportedly working on a new project called Palladium, which is currently being implemented at the vehicle plant in Fremont, California and Gigafactory 1 in Nevada. This will probably involve updates for the Model S and X, although the exact scope is unclear.
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Tesla has reduced the base price for the Model Y in the USA by 3,000 dollars to just under 50,000 dollars. Besides, Elon Musk announced a further drive variant for the compact electric SUV.
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The US NHTSA has launched a probe over a potential design flaw in older Model S battery packs that could prove dangerous. Reportedly, parts in the cooling mechanism in 2012 to 2016 Tesla Model S units could render the battery pack useless or even cause fires.
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Tesla delivered a total of 90,650 vehicles in the second quarter of 2020, 2,250 more than in the first quarter of the year. From April to June a total of 82,272 Tesla vehicles were produced, which significantly fewer than in the 1st quarter due to Corona restrictions.
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Rumour has it that Tesla is planning a 100-kWh version for Model 3, but Elon Musk has denied that Tesla is developing such a Model3. In addition, the range for the Model S with a large battery will indeed increase, but only in North America for the time being.
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Tesla has just lowered the prices of its models, in some cases considerably, depending on country and model range. All Tesla models are affected by the price cuts with the exception of the new Model Y. In the USA, the Model 3 will also be around 2,000 dollars cheaper.
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