For nearly a decade, it has been the holy grail for Tesla fans and the key to its mainstream future: a truly affordable electric car for the masses. After years of promises, delays, and speculation, the company confirmed on Wednesday that the long-awaited cheaper Tesla is finally moving from myth to reality.

A pared-down Model Y might do little to lift Tesla sales. To really get people excited about the brand again, Tesla needs “actual new vehicle models,” one analyst said.

The modern-day Tesla Roadster that still doesn't exist has been imagined with an electrified V10 engine and a wide body kit

Let's be honest: if any car company operating in America could produce a truly compelling, high-spec electric vehicle for well under $30,000, it's Tesla.

Tesla CEO Elon Musk said the electric car brand would face "a few rough quarters", as the company posted its worst quarterly sales decline in over a decade. In the latest financial outlook, Tesla reported a 12 per cent drop in revenue compared to the same time last year,

Vietnamese EV maker VinFast has opened its first Indian showroom in Surat, Gujarat, ahead of launching a local manufacturing plant in Tamil Nadu. The showroom will feature right-hand drive versions of the VF 6 and VF 7 SUVs,

Falling sales and profits will lead Tesla to redouble efforts to provide a cheaper electric car for buyers, the car brand said this week.

Eager to capitalize, Gov. Kelly brokered a deal with Panasonic to build a massive $4 billion lithium-ion battery plant in De Soto, aimed at supplying Tesla’s new factories in Texas. A multi-billion dollar tax incentive package secured Panasonic’s investment, made possible by the bipartisan APEX Act passed by the state Legislature.

Elon Musk is taking steps to expand his autonomous ride-hailing service to the Bay Area, according to a Business Insider report.

Thinking of going electric? While EV maintenance saves money, a new study uncovers the hidden cost: longer repair times and higher bills for accident damage.