The ‘Tesla Effect’ is wrecking Europe’s luxury brands in the 2nd-hand market

By Simon Alvarez Posted on October 7, 2019 There was once a time when plush leather seats, chrome-trimmed knobs, metal buttons, and a loud, grumbling engine were the hallmarks of a luxury vehicle. That was the status quo for a very long time, but with the emergence of Tesla and its tech-focused approach to cars, […]

Tesla (TSLA) reports record Q3 production and delivery numbers

By Simon Alvarez Posted on October 2, 2019 Tesla (NASDAQ:TSLA) has formally released its production and delivery for the third quarter of 2019. Between July to September, Tesla produced a total of 96,155 vehicles, while delivering approximately 97,000 electric cars in both the United States and other territories. In an announcement on its Investor Relations […]

Tesla Model 3 keeps ‘steady demand’ in Europe amid China’s coming price increase

By Simon Alvarez Posted on August 29, 2019 Tesla’s (NASDAQ:TSLA) Model 3 push in Europe appears to be working in the company’s favor. In a note published on Thursday, Wedbush Securities analyst Dan Ives noted that a “steady demand” for the Model 3 in Europe will likely help Tesla handle any weakness that the company […]