Even the most bullish don't think Tesla can sell half a million electric cars next year. But it's still important to understand the lofty targets Elon Musk is setting, and some of the crafty ways he's trying to make it happen.
Tesla took a pass on the Toronto auto show in mid-February, but it is promoting its brand through a tour of Ontario and Quebec this winter.
As electric-vehicle charging infrastructure expands across Canada, so does the technology’s capability for innovative and sustainable solutions.
Tesla Motors Inc. has changed its name to Tesla Inc. The change, which was reported in a filing to the Securities Exchange Commission on Feb. 1, follows the company's acquisition of solar panel company SolarCity, which was approved by shareholders in November.
Tesla Motors said it will charge new customers fees to use its Supercharging stations if they exceed an annual limit, detailing its price structure to help pay for the expansion of its network of stations.
Jaguar is joining the race among luxury brands to market electric vehicles with the I-Pace crossover concept. The production version of the EV will be shown in late 2017 and go on sale in the U.S. in the second half of 2018. Jaguar's crossover is expected to beat several German competitors to market as Tesla steadily upends the luxury EV market with the Model X and automakers face regulatory pressure to boost fuel economy and cut emissions.
Québec lawmakers on Wednesday approved new zero emission vehicle legislation that obliges automakers selling cars in the Canadian province to offer their customers a minimum number of hybrid, rechargeable and electric models.
Tesla Motors is planning to roll out a ride services program and will announce details next year, the luxury electric vehicle maker said on its website, a service first outlined by CEO Elon Musk in his master plan in July.
Tesla says it will now produce all its vehicles with the hardware needed to enable full self-driving capabilities. CEO Elon Musk said cars currently in production will be equipped with the necessary hardware -- including eight camera sensors and 12 ultrasonic sensors -- to allow for fully autonomous driving.
Automakers learned the pool of green consumers who would tolerate low ranges and high prices was limited. Now they're bringing out a batch of EVs that are more consumer-friendly.
When you're the agent for an expensive electric vehicle in a part of Canada with few supports for electric vehicles, making sales can be a bit of a challenge.
The head of Magna International Inc. says investors who've been dumping shares in it are overlooking a burgeoning growth driver at the Canadian company: technology.