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  • Tesla owner explains why he won't ever buy a Tesla again
    15 Aug 2017

    The owner and a huge Tesla fan has shared his thoughts on its favorite automaker and Tesla cars, and how his love for Teslas has been destroyed. He could be called as an adopter, since he bought his 892nd Tesla roadster to come off the assembly line in 2010. It had few problems, the motor had to be replaced multiple times. He bought his second Tesla then, and his third one both top-off-the-line Model S sedans. Paying almost $400,000 for the sleek, futuristic automobiles. He loved them at first, and even encouraged his brother to buy one. But at a moment, he simply stopped loving Tesl...

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  • Tesla is getting closer to testing autonomous trucks
    10 Aug 2017

    While Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, California officials are meeting with the automaker’s officials to talk about its efforts with autonomous trucks.  The correspondence and meeting show that Tesla is putting self-driving technology into the electric truck it has said it plans to unveil in September, and is advancing towards real-life tests, potentially moving it forward in a highly competitive area of commer...

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  • US auto sales plunge in 1st half of 2017
    11 Jul 2017

    U.S. auto sales plunged for the fourth successive month in June, down 3%. All the Detroit giants registered disappointing sales declines for the month compared to a year ago. Based on the first half of the year, the prospects for the remainder of the year look bleak, indicating this year’s industrial sales will fall short of last year’s record sales.  The sales projections for the full year now stand at 17.1 million units, which would represent a 3% sales decline from 2016’s record sales. Retail demand has been waning over the past several quarters. SUVs and crossov...

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  • Will the used car prices fall after several years of rises?
    29 Jan 2017

    If economists and remarketing experts are correct, 2017 will finally be the year of significant declines in used-vehicle prices. It's a trend that has been a long time coming. Similar predictions were made in 2015 and 2016 by those same experts. Instead, used-vehicle prices held relatively stable at or near record levels for the past few years.  Various indexes that monitor used car pricing showed slight dips in used values last year, though they remain well above pre-recession levels. Strong demand for new and used light trucks, a growing market for certified pre-owned vehicles ...

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  • Tesla deliveries miss forecasts again on production delays
    03 Jan 2017

    Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units.  Musk has a history of setting ambitious targets and timelines for Tesla a...

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