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,

Tesla has announced that it has produced the first prototype of its low-cost model, with plans to enter full-scale mass production in the second half of the year. According to EV media outlet Electrek on Wednesday,

Tesla claims to have produced the “first builds” of its new “more affordable” electric car models, which are expected

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

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

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.

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.

Tesla unveiled its first-ever diner in Los Angeles, featuring 80 superchargers, two giant movie screens and roller skating servers.

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.