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Tesla delivered 486,532 vehicles in the third quarter, down 2% year on year but well above the 461,000 analysts expected, with American electric sales down 47% in August after the federal credit expired.
The company delivered more than 486,000 EVs in the third quarter, down from last year's record but moving in a positive direction.
Tesla sold fewer vehicles in the third quarter than it did a year ago, when consumers rushed to cash in on expiring federal tax credits for electric vehicle purchases. But the company still beat estimates from Wall Street, suggesting that it's recovery was still on track.
Elon Musk's electric carmaker announced on Friday that it sold 486,532 vehicles in the third quarter, down 2% year over year.
Tesla's new Emergency Drive Away feature lets you pull away without unplugging from a Supercharger. The catch? It breaks both your car and the charger, and repairs can reach $25,000.
Tesla released a software update called "Emergency Drive Away" that would allow the vehicle to shift into drive while plugged into a Supercharger.
A new California law places new rules on autonomous vehicles operators
The CEO promised to get more specific about his vision. But the details are still absent.
Elon Musk said AI would change how jobs look in future, but this is nothing new, and isn't necessarily a bad thing.
The company says it won't draw on the new debt facilities this year, as it has already planned at least $25 billion in capital expenditures.
Despite challenges, Tesla aims for 1,000 Optimus robots per week by end of 2026.
In 2003, Martin Eberhard, a cofounder of Tesla Motors, decided it was time to start wooing investors. To do that, however, he needed an electric car. So he talked to Alan Cocconi and asked if he could borrow the tZero, the revolutionary and blazingly fast electric roadster that Cocconi had built at…
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