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Tesla, Profits, Self-Driving Subscription



Tesla, Profits, Self-Driving Subscription

Despite its flagship Fremont, California, factory being shut down since March 23, Tesla announced it posted a $16 million profit during the first quarter of 2020. It's the first time the company has made a profit during the first quarter, which is traditionally a slow period. Also, it was able to eke this out despite shutdowns at its Shanghai and Fremont sites. This and a few news nuggets were announced during an investor call on Wednesday, April 29, including a new timeline for Full Self Driving (FSD), an upcoming Gigafactory announcement, and a Model 3 price drop in China...
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Class of 2019: The New and Redesigned Cars, Trucks and SUVs

The 2017-18 auto show season is in full swing, with automakers introducing a number of new cars, trucks and SUVs at shows including the 2018 Detroit Auto Show and 2018 New York Auto Show.

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Hyundai Launches First Flying Car Division

While Hyundai is the first automaker to bring flying car development in-house with its own division, other...

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