Tesla Inc has recalled nearly two-thirds of Model S and Model X vehicles made last year to fix a parking brake issue.
Following the biggest ever recall for the company, announced on Thursday, shares of the luxury electric car maker were down nearly 1 percent to settle at $302.77 in afternoon trading.
The vehicles affected are roughly 53,000 of Model S and Model X electric cars built between February and October of 2016. 31,000 of them were sold in the U.S. More »

Tesla bucks the tradition and the company is going to release the Model 3 with a single central display.
After almost a year of rumors and speculation, Elon Musk has confirmed that Model 3 will not feature a head-up display. That means everything, from navigation to music, will be on the one display.
There will not be a traditional gauge cluster behind the steering wheel, and no head-up display, either; no speedometer, fuel gauge, temperature gauges, rev counter, or even a clock in front of the driver. More »

Tesla expects to finalize locations for three more Gigafactories later this year, the company revealed Wednesday.
Telsa has currently two Gigafactories. The first one, Gigafactory 1, is located outside of Reno, Nevada and the facility in Buffalo where Tesla is building solar panels together with Panasonic.
Gigafactory 1 spreads on about 3,200 acres in a massive industrial center. The current structure of the factory features a footprint of 1.9 million square feet More »

799px-Tesla_Model_S_Indoors_trimmedTesla Motors Inc. has announced the activation of Autopilot features for cars equipped with the “Hardware 2” camera and sensor set.
Tesla is now beginning to roll out upgraded software to customers with newer cars that launched in October. All Model S and Model X electric cars built since then are fitted with Hardware 2 that includes eight cameras, radar, 12 ultrasonic sensors and a new supercomputer. More »

800px-concrete_tile_re-roof_with_upvc_dormer-300x225Panasonic Corp. and Tesla Motors Inc. are planning to begin production of solar cells and modules at a factory in Buffalo, New York.
Japanese electronics company and U.S. electric car maker said Tuesday they finalized an agreement. Panasonic would pay capital costs for the manufacturing and Tesla made a long-term purchase commitment.
The factory in Buffalo is under development of SolarCity, More »

800px-Tesla_Model_S_(108)The biggest factory in the world, the new Tesla Gigafactory, will be run by robots, boasted Elon Musk.
Electric car maker Tesla Motors has announced that it has entered into an agreement to buy Germany’s Grohmann Engineering to accelerate its production rate, the automaker said in a blog post.
Grohmann Engineering is based in Pruem, Germany and specializes in highly automated manufacturing techniques. The German firm has production lines for battery and fuel cells and produces batteries for numerous German and international automobile manufacturers. More »

799px-Tesla_Model_S_Indoors_trimmedTesla is giving all its new cars hardware for full self-driving capability.

All of Tesla vehicles being produced in its factory, including the Model 3, would be equipped with the hardware that will allow Level 5 self-driving capability, announced the company in a press release only a few days ago. More »

799px-Tesla_Model_S_Indoors_trimmedTesla Motors has just unveiled the world’s fastest production car.
On Tuesday, Tesla Chief Executive Officer Elon Musk confirmed the arrival of new 100-kilowatt-hour battery packs for the dual-motor versions of the Model S and Model X.

The new Tesla Model S P100D with Ludicrous mode will hit 60 miles per hour in 2.5 seconds, More »

799px-Tesla_Model_S_Indoors_trimmedElon Musk has just revealed the second part of his Master Plan. Tesla expands into electric trucks and buses, car sharing, self-driving technology and solar energy systems.

Tesla Motors Inc Chief Executive unveiled the new and updated version of the “top secret” Tesla Master Plan in a post on a company’s website on Wednesday. More »

Maserati_Alfieri_-_2014_Paris_Motor_Show_01The success of Tesla Model S and stricter emissions standards around the world has spurred carmakers to plan numerous plug-in their own electric models.

Fiat Chrysler Automobiles considers making an electric version of its Maserati Alfieri sports car, Chief Executive Sergio Marchionne said recently in an interview.

Maserati Company is reportedly planning to take as a base the Alfieri sports car concept that debuted at 2014 Geneva Motor Show. More »