Businesses that purchase a Tesla Model X SUV for business use in California are eligible federal and state tax credits of $35,000 that could significantly reduce the $100,000 price tag of the luxury vehicle.
Tesla Motors unveiled its long-awaited 2016 Model X at a Sept. 29 media event as a sleek, futuristic battery-electric luxury SUV that arrives at a time when sales of EVs have struggled to surmount low fuel prices.
On the eve of the unveiling of Tesla's 2016 Model X, the U.S. Environmental Protection Agency has released the luxury SUV's fuel economy ratings for the two available models.
Tesla Motors will unveil its first luxury sports utility vehicle, Model X, on Sept. 29 at 7 p.m. in Fremont, Calif., according to a report by MarketWatch.
Tesla Motors's Model X Signature Series is priced at $132,000 and reservation holders are now being allowed to spec out the crossover, Bloomberg reports.
Tesla Motors released a short video showing a "solid metal snake" prototype in action as it attaches to a Model S, according to the Tech Times.
Tesla Motors is adding a new Model S sedan with "ludicrous mode" that allows the vehicle to accelerate from 0-60 mph in 2.8 seconds, CEO Elon Musk has announced.
With half of 2015 in the books, Tesla Motors is less than 40 percent toward meeting its full-year goal of delivering 55,000 vehicles this year.
Tesla Motors plans to introduce at least two affordable models in its Model 3 line in early 2017, including a sedan and compact utility, the company's chief technical officer has announced.
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