Tesla News and Updates

Read the latest Tesla news here. At TorqueNews we cover Tesla’s automotive and financial news, and do reviews so that you can make the best decision when it comes to buying your next car, or if you’re just in the mood to learn a little about Tesla.

Tesla is one of the most well known names in the modern day automotive industry. It is the leading automotive manufacturer for battery powered cars. Yes, that means zero gasoline usage. It is without question that the evil genius behind this company, Elon Musk, has done anything except the abnormal. Their brand released their first car in 2008 and today in 2020 it is one of the most popular and practical options you can get on the market. Tesla’s have entered the market from the top down as they are quickly on their way to meet the $20,000 to $30,000 price mark, but their most popular models are $35,000 and above.

The brand is most noted by their quirky leader, their long range capabilities under one singular charge, their surprising performance aspects, and their cutting edge technology. Currently, the Model S holds the record for the longest range on one charge which was 370 miles, but Elon claims 400 miles is coming soon and also claims that the coming soon 2nd gen Tesla Roadster will not only be the fastest production car, but it will also have a range of 620 miles which is absurd.

The Current Tesla Lineup

  • Teslas Model 3 ————————————— Starting MSRP $35,000
  • Tesla Model S ————————————— Starting MSRP $75,000
  • Tesla Model X ————————————— Starting MSRP $81,000
  • Tesla Model Y ————————————— Starting MSRP $52,990

Follow Torque News Tesla reporters Guillaume Humbert, Paul Fosse and Tinsae Aregay for daily Tesla News.

Tesla Model 3, Courtesy of Tesla Inc.

Nissan To Invest 18 Billion In The Next Five Years To Catch Up With Tesla

Nissan Motor Co. announced it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with Tesla and other strong competitors in one of the fastest growth areas for car makers, as per the latest information available from Reuters.
Tesla Service, image Courtesy of Tesla, Inc.

Tesla's Next Quarterly Earnings Call Set To Be Outstanding Again

Tesla posted record revenue and profits in the third quarter of 2021. The record results were driven by improved gross margins of 30.5% on its automotive business and 26.6% overall, both of which were records for at least the last five quarters. It seems the next earnings call will also be record-breaking.
Tesla Model 3, Courtesy of Tesla Inc.

Tesla Giga Shanghai To Produce 1 Million Cars By April 2022

As Tesla Giga Factory in Berlin-Brandenburg gets ready to start production by December (if everything goes well with final permissions and negotiations with German authorities), the good news from Giga Shanghai states that it will be ramping up production of Model Y and Model 3 to reach 1 million units by April 2022.
Elon Musk emails Tesla employees about quarterly deliveries

Tesla To Change Quarterly Delivery Strategy

With a recent leaked email from Elon Musk, we see that Tesla is going to be changing up its quarterly delivery strategy. In the past, Tesla would rush to get deliveries done at the end of the quarter. This is no longer going to be the case and instead, Elon Musk wants Tesla employees to reduce costs of deliveries and take the most efficient action.
Tesla Rejects Funding For Giga Berlin From Eu

Tesla Fed Up With EU for Giga Berlin, Rejects $1.5 Billion in EU Funding

Tesla has rejected around $1.5 billion dollars worth of funding from the EU for Giga Berlin. This is just a few weeks of operating cash flow for Tesla, and with all the frustration Tesla has had getting Giga Berlin up and running with EU red tape, this is a smart move by Tesla.
EF-1-T looks like the Tesla Cybertruck

Cybertruck's Clone: China's EF-1-T Bears a Striking Resemblance to Tesla Cybertruck

The Chinese electric car start-up Edison Future has two new electric vehicles presented, including an electric pickup EF-1-T, which resembles the Tesla Cybertruck. EF-1T's similarity to Tesla's Cybertruck is striking - including solar cells. Yet, the vehicle has its own character and in my opinion, looks beautiful.
Legacy auto playing checkers; Tesla and Chinese playing chess

Legacy Auto Playing Checkers, Tesla and Chinese Playing Chess

Tesla is the leading electric vehicle maker in the world today. Sandy Munro, an automotive expert, just made an over 40 minute video explaining the blind spots that many have in the world today with the transition to sustainable energy. Due to Tesla, OEM's and traditional auto makers are in trouble, unless they can adapt quickly. To put it simply, Legacy auto is playing checkers and Tesla and the Chinese EV companies are playing chess.
Tesla Model Y, Courtesy of Tesla Inc.

Tesla Model Y Number One Luxury Compact SUV in California

Tesla Model Y is leading the way in California, beating many ICE (Internal Combustion Engine) traditional brands on its way to the top. Model Y, being a BEV (Battery Electric Vehicle) ranks as the state’s fifth overall best-selling model (that is, including gas-powered vehicles), as per CNCDA - California New Car Dealers Association.
Tesla Cybertruck May Have a New Beta Version

Tesla Cybertruck May Have a New Beta Version As We Found This Really Amazing Pic

There is a Tweet circulating on social media claiming to be the image of the new beta version of Tesla Cybertruck. Why is this image circulating around now? This could at least mean that Tesla is getting one step closer to the production of the Cybertruck and the release of Tesla's electric truck may happen sooner than expected.