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.

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,

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.

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.

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

Musk's electric vehicle maker posted the worst quarterly sales decline in more than a decade and profit that missed Wall Street targets, but its profit margin on making cars was better than many feared.

Tesla, Inc.'s Q2 results disappoint with a sales drop, but Model Y sales in China and EV leadership signal potential to rebound. Click for my TSLA earnings update.

Elon Musk’s Tesla company is demonstrating its cars’ fully self-driving capabilities in tests on UK public roads. The electric vehicle manufacturer released two videos showing a Model 3 car negotiating central London and Swindon ’s Magic Roundabout while the person in the driver’s seat is not holding the steering wheel.