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Tesla Motors has approached the Utah Supreme Court to get approval to sell its electric vehicles directly to the public without a third-party dealership, the Salt Lake Tribune says. For the past year, legislators within the state have voted against allowing the California-based automaker to pursue its distribution model. The Utah Supreme Court is expected to take a few weeks to rule on the issue. By approaching the court, Tesla's making good on the intentions made by Tesla chief Elon Musk this summer. Earlier this year, Tesla and Utah were working towards a potential compromise ...
Despite many buyers holding out for a coming Chevy Bolt and Tesla Model 3, US electric car sales are doing great. Based on sales estimates for Tesla models (since Tesla doesn’t break out sales by month or by country), the Model S dropped to #2 and the Model X held onto #3 in the US car market, while the Chevy Volt rose to #1. However, if you look at how close sales of these models are and take into account that Tesla delivered ~3,000 more Model S sedans in the US, it’s hard to know how the top 3 ranking actually plays out. After the top 3, though, there’s a signifi...
From the moment EVs made their debut in U.S. till nowadays, plug-in hybrids have made a long way. Just by seeing the glorious results made by introducing Tesla's Model S to the car market, we can make a conclusion on how much the industry was able to change within 6 years. Nissan just sold its 100,000 Leaf in the US. BMW, too, would have you know that it has been pulling its weight in this grand acceleration of EVs. In fact, the German automaker has also recently hit a major milestone since it first launched battery-powered cars under its i sub-brand. BMW has announced that it has ach...
For the second time in its history Tesla Motors Inc. reported net income, making $22 million net for the third quarter. This month, Tesla said it delivered 24,500 cars in the third quarter, putting it on track to hit its goal of 50,000 vehicle sales for the second half of 2016. A significant part of Tesla’s third quarter revenue came from pollution credits it sold to other automakers. In the third quarter, Tesla booked $139 million in those credits, up from $39 million a year ago. The company said it expects revenue from those credits to decline in the fourth quarter. Quarterl...
Toyota Motor Corp.’s Lexus and Toyota brands held their lead atop Consumer Reports’ annual reliability rankings, while General Motors Co.’s 117-year-old Buick line became the first from the U.S. to win one of the list’s top three places. The survey, a buying bible to car shoppers that has been dominated by Japanese automakers, has more international representation this year. As other automakers catch up to Japan’s manufacturers, both Subaru and Honda tumbled from the top group of “more reliable” brands, with Honda’s Civic compact car losing its l...
