model

Tesla (TSLA) slashes Model S price, now starts at just $71,990

Tesla (TSLA) has reduced the price of its flagship sedan, the Model S, today. The electric car now starts at just $71,990.

The Model S and Model X programs have been in declined for a while now.

Tesla delivered 15,200 units of both vehicles last quarter – down from 17,400 during the same period last year and down from 27,660 vehicles (14,470 Model S, and 13,190 Model X) back in Q3 2018.

During that time, Tesla has mainly focused on the cheaper Model 3 and Model Y vehicle programs.

Nevertheless, the automaker is still updating Model S and Model X regularly with new performance and features, most recently with a range increase to 402 miles for the Model S.

Now Tesla is also reducing the price of the Model S in an overnight update to its online design studio:

Tesla has reduced the price of both versions of the electric

Read More Read more
model

Tesla Model 3 Price Too High? Dirt-Cheap Used Electric Cars Can Be Good Deals

The used EV has arrived.

It was only nine years ago that the first won’t-break-the-bank electric cars arrived.

Those non-Tesla EVs — like the Nissan Leaf and Chevy Volt — weren’t priced at $80,000 like the Model S and the first- and second- generations of those cars have been hitting the used car market over the last several years.

And with a Long Range 2020 Tesla Model 3 starting at about $47,000, “dirt cheap” for an EV is anything under $20,000.

A couple of the better sites for used EVs are MYEV and CarGurus.

Most of the used EVs cited below are first- and second-generation electrics that were sold roughly between 2011 and 2017.

Note: all prices are based on a used vehicle

Read More Read more
shopping

Microsoft Edge and Bing add price comparisons for holiday shopping

As Amazon Prime Day approaches, Microsoft has implemented a price-comparison tool within Microsoft Edge to help shoppers evaluate the best deal.

The price-comparison tool is one of a number of new features coming to Edge, in conjunction with Microsoft’s Bing search engine. Those features include the formal launch of Bing Rebates, which offers Microsoft Rewards members site-wide discounts as they shop online.

Unfortunately, Microsoft’s new price comparisons aren’t as easy as entering search terms in a search box. Instead, Microsoft has made them part of its Collections feature, which essentially bookmarks individual webpages inside a Collection. However, a Collection is more than a just a folder of bookmarks, as Microsoft’s Bing sniffs each webpage and pulls out the relevant data: price, availability, and so on. It’s this pricing data that Microsoft will extract and then hunt down on competing websites.

Note that the numbers Edge and Bing are extracting represent

Read More Read more
model

Tesla Sets Record in Q3 Delivery Count, Trims Model 3 Price

Tesla TSLA recently reported stellar third-quarter 2020 vehicle production and delivery figures.
 
The company registered deliveries of 139,300 vehicles in the September-end quarter, smashing its previous record for deliveries of 112,000 cars. The reported figure included 124,100 deliveries of Model 3/Y and 15,200 of Model S/X.

The third-quarter deliveries compare favorably with the 90,650 vehicles sent out in the June-end quarter. It also surpasses the 97,000 deliveries made in the corresponding quarter last year, marking a 43.6% year-over-year increase.
 
The company anticipates to deliver roughly 500,000 vehicles in 2020, suggesting a 36% year-over-year rise.

Tesla’s delivery count only reflects those vehicles which are transferred to the customer with all documentation completed successfully, thus being slightly conservative. Final figures are subject to an error of roughly 0.5%.

The company stated that it produced a total of 145,036 vehicles during the third quarter, entailing the production of 128,044 units of Model 3/Y

Read More Read more
model

Tesla Cuts Price of Chinese-Made Model 3

Taking advantage of new battery options and big government subsidies, Tesla (NASDAQ:TSLA) has slashed its Model 3 prices in China. The company’s Chinese website is now advertising a base price for the popular battery-electric sedan of 249,900 yuan, or roughly $36,800.

While this is big news for the company in its efforts to remain dominant in the Chinese market, U.S. consumers won’t be affected…at least, not yet. 

A Tesla Model 3 with a cityscape in the background.

Image source: Tesla.

Race to the bottom dollar

The new price of the Shanghai-made Model 3 Standard Range Plus represents an 8% discount to the previously listed price of 271,550 yuan, or about $40,000. Tesla factors in Chinese government subsidies for electric vehicles (EVs) when it calculates the base price. 

In the U.S., the base price for the Model 3 Standard Range Plus is $37,990, making the Chinese Model 3 slightly cheaper than the U.S. version. That’s largely due to superior government incentives.

Read More Read more
model

Tesla drops Model 3 price in China as it introduces cheaper batteries

  • Tesla cut prices for its Chinese-market Model 3 sedans by up to 10%, as reported by Reuters.
  • The company will outfit future standard-range Chinese-made Model 3s with cheaper, cobalt-free battery packs, anonymous sources told Reuters recently.
  • Tesla did not confirm which batteries the standard-range car with the updated price currently uses. 
  • The basic Model 3 now costs $249,900 yuan in China, around $36,800 at current exchange rates. 
  • Visit Business Insider’s homepage for more stories.

Tesla cut the price of its Chinese-market Model 3 sedans by up to 10%, according to pricing listed on the company’s China website. The move came the same week that sources told Reuters Tesla would move to a cheaper battery in certain Chinese-made Model 3s, but it wasn’t clear whether that caused the price drop.

A Shanghai-made Model 3 with standard driving range will now run you 249,900 yuan — roughly $36,800 at current exchange rates

Read More Read more
model

Tesla Shares Gain On Model 3 Price Cuts in China; Q3 Deliveries in Focus

Tesla Inc. shares powered higher Thursday following reports that the clean energy carmaker had cut prices for its Model 3 sedan in China and could be ready to publish record third quarter deliveries later this week.



a close up of a sign: Tesla Shares Gain On Model 3 Price Cuts in China; Q3 Deliveries in Focus


© TheStreet
Tesla Shares Gain On Model 3 Price Cuts in China; Q3 Deliveries in Focus

Tesla’s China website suggests that starting prices for its popular Model 3, which are now made in its Shanghai factory, have been reduced by 8% to around $36,800 each, while the longer-range version was reduced to around $40,000 each. The new models will also included cheaper lithium iron phosphate batteries, Reuters reported.

Loading...

Load Error

Tesla shares were marked 2% higher in early trading Thursday to change hands at $437.87 each, a move that would trim losses since the stock’s five-for-1 split on August 31 to around 11.4%.

A report from the tech-focused ‘electrek’ news website yesterday also suggested

Read More Read more
model

Tesla Shares Gain On China Price Cuts;Q3 Deliveries in Focus

Tesla Inc.  (TSLA) – Get Report shares powered higher Thursday following reports that the clean energy carmaker had cut prices for its Model 3 sedan in China and could be ready to publish record third quarter deliveries later this week.

Tesla’s China website suggests that starting prices for its popular Model 3, which are now made in its Shanghai factory, have been reduced by 8% to around $36,800 each, while the longer-range version was reduced to around $40,000 each. The new models will also included cheaper lithium iron phosphate batteries, Reuters reported.

Tesla shares were marked 3% higher in pre-market trading Thursday to indicate an opening bell price of $442.20 each, a move that would trim losses since the stock’s five-for-1 split on August 31 to around 11.2%.

A report  from the tech-focused ‘electrek’ news website yesterday also suggested Tesla’s third quarter deliveries could come in at a

Read More Read more
model

Tesla cuts starting price for China-made Model 3 cars by 8%

BEIJING (Reuters) – U.S. electric car maker Tesla TSLA.O cut the starting price of its Chinese-made Model 3 sedans on Thursday by about 8% to 249,900 yuan ($36,805), once Chinese subsidies for electric vehicles are taken into account, according to its China website.

Previously, the starting price for Model 3 sedans made in Tesla’s Shanghai factory with a standard driving range was 271,550 yuan, after state purchase subsidies.

Sources told Reuters that the standard range Model 3 sedans would now come with lithium iron phosphate (LFP) batteries which are cheaper than the nickel-cobalt-manganese (NMC) cells it used previously.

Tesla did not disclose what batteries the cheaper version uses.

The price for Model 3 vehicles with a longer range is now 309,900 yuan, down from 344,050 yuan.

Tesla started to deliver cars from the Shanghai factory in December, helping it save on shipping costs and tariffs for imported models.

Tesla sold

Read More Read more
shopping

Ocado share price soars as UK shifts to online grocery shopping

Gallery: The family grocery business that conquered the world (Lovemoney)

It may account for less than 2% of the groceries sold in the UK compared to Tesco’s near 27% share of the nation’s food shopping, but the stock market value of 20-year-old Ocado is now greater than that of the 100-year-old supermarket giant – a change that could reflect the future of the weekly shop.



a van parked on the side of a building: Photograph: Simon Newman/Reuters


© Provided by The Guardian
Photograph: Simon Newman/Reuters

A sharp increase in the speed of the shift to online shopping during the coronavirus pandemic has pushed up Ocado’s share price by 155% since March. As a result it is now valued at £21bn, compared to Tesco’s £20.9bn, even though Tesco delivers far more food to Britain’s doorsteps.

Before the coronavirus crisis, just 7% of grocery sales were online, but lockdown has changed habits fast to raise that to 12.5%.

Ocado delivered a bumper 52% rise

Read More Read more