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EVs are hot in California. California is crucial for Tesla’s business since the EV share of the state's new car market at 21.4% is nearly three times the U.S. average of 7.5% in 2023.
Tesla is currently offering a $2,410 incentive for the Model 3 RWD in Southern California, meaning the price for this car including all tax incentives drops it to an astounding $22,830 if the ...
For the quarter Tesla earned $2.5 billion in the quarter, or 72 cents a share, up 8% from a year ago. Analysts’ consensus forecast had been forecasting earnings per share to slip to 59 cents.
The agreement allows Tesla to sell and service cars within the state. Previously Tesla could not sell or service vehicles in Michigan. Tesla may deliver vehicles within the state, but they must be titled outside of Michigan and transferred to a new title after purchase. Tesla may not own a service center directly, but a wholly owned subsidiary ...
A Tesla driver will pay more than $23,000 in restitution for the deaths of two people during a 2019 car crash in a Los Angeles suburb, a decision announced the same day that the automaker recalled ...
In California, where there are Teslas as far as the eye can see and rapid charging stations aplenty, new drivers are opting out of the $605 billion Elon Musk–led car universe.
Through September 30, Tesla's EV market share in California declined from 64% to 55% year-over-year — still nearly five times that of Hyundai (5.6%) and BMW (5%) combined.
South Pasadena police unveiled what the city says is the first all-electric police fleet in the country, with 10 Tesla Model Ys and 10 Model 3s. South Pasadena's all-Tesla police fleet aims to ...
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