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Tesla (TSLA) has released its financial results and shareholders letter for the third quarter of 2020 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. As we reported in our Q3 earnings preview post yesterday, the market had high expectations for…

Elon Musk made some rare new comments on Tesla Cybertruck and gave a better idea of the production ramp for the electric pickup truck. During the conference call following Tesla’s release of its Q3 2020 financial results, Musk was asked to give more color on the production ramp of the Cybertruck, and when we can expect deliveries. The CEO started by mentioning that he recently did a design…

Obviously the short answer to the question above is yes, as Volkswagen at present has no plans to bring the ID.3 to North America, but what if they did? Would the Europe-friendly ID.3 succeed where the eGolf failed, or will the ID.4 simply be the better fit for the highways of the US and Canada? We recently reviewed the ID.3 and were impressed. Can the ID.4 create the same excitement that its…

Tesla indicates that it is about to increase the price of its Full Self-Driving package to a whopping $10,000 and yet, that’s a good deal according to Elon Musk. The decision to pre-sell a “Full Self-Driving” package in its vehicles years before it planned on making the technology available through the software has been controversial, to say the least. It’s a bold move from Tesla that…