Tag: Tesla Model S
Model Y deliveries begin: Here’s what is new in Tesla’s EV crossover
Tesla said Monday it has started delivering the Model Y crossover to customers in the U.S., hitting a milestone one year after unveiling the prototype and six months ahead of schedule. Reports of deliveries started last week. The tweet from Tesla, which included a video of the Model Y being…
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Tesla is searching “central” U.S. for a Cybertruck gigafactory site
Tesla CEO Elon Musk said the company is “scouting” locations to build a new U.S. factory that will produce its all-electric Cybertruck and Model Y crossover. The “gigafactory,” the unit of measurement representing billions and a term Musk has used for its massive factories in Nevada, New York, China and…
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Tesla gets OK to produce long-range Model 3 at China factory
Tesla has received government approval to produce the long-range rear-wheel-drive version of its Model 3 vehicle at its Chinese factory, according to documents posted Friday on the Ministry of Industry and Information Technology website. Reuters was the first to report the story. Tesla started producing a standard-range-plus rear-whee-drive version of…
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The Station: Lucid Motors spy shot and the birth of an AV startup
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello again — or perhaps for the first time. This is Kirsten Korosec, senior transportation reporter at TechCrunch and your host here…
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Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and…
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Tesla is going back to the markets to raise more than $2B through stock offering
Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk…
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