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Model 3

Every EVXL story tagged “Model 3” — newest first.

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Tesla

Tesla $25K EV Canceled? Focus Shifts Towards Affordable Model 3 & Y

Tesla has reportedly moved away from its long-anticipated $25,000 electric vehicle (EV), often dubbed the Model 2, with the company now prioritizing more affordable versions of its Model 3 sedan and Model Y compact SUV. This strategic pivot, detailed in a Reuters report, has sparked internal debates among Tesla executives and raised questions about the…

Tesla

Drone Captures Tesla’s Affordable EV Prototype Testing at Fremont Track

A YouTuber recently flew a drone over Tesla’s Fremont test track, capturing footage of what appears to be a prototype for Tesla’s long-awaited affordable electric vehicle (EV). Shared by the account “Met God in Wilderness,” the video has sparked excitement among EV enthusiasts, offering a glimpse of a compact Tesla model potentially set to redefine…

Tesla

Kimbal Musk Sells $31M in Tesla Stock as Board Members Cash Out Nearly $200M

Kimbal Musk, Tesla board member and younger brother of CEO Elon Musk, sold $31 million in Tesla stock on Tuesday, May 27, 2025, as part of a larger $199 million sell-off by Tesla insiders. The transactions, detailed in a recent Fortune article, occurred during a significant rally for the electric vehicle (EV) maker, spotlighting Kimbal’s…

Tesla

Tesla Slams GOP Megabill: Clean Energy Tax Credit Cuts Threaten EV and Solar Growth

On May 30, 2025, Tesla and its CEO Elon Musk publicly criticized a Republican megabill that aims to eliminate clean energy tax credits, a move that could disrupt the electric vehicle (EV) and solar industries. The House-passed reconciliation package, which would end residential solar credits and EV incentives by the end of the year, has…

Musk's Potential Role in Trump Administration Raises Concerns for Tesla
Model Y

Trump Announces Elon Musk’s Exit from DOGE Role at White House Press Conference

In a surprising turn at the White House, President Donald J. Trump announced that Elon Musk will step away from his role in the Department of Government Efficiency (DOGE) during a press conference scheduled for May 30, 2025, at 1:30 P.M. EST. The statement, shared via a post on Truth Social from Trump’s verified account,…

Tesla Chair Robyn Denholm Sells $32M in Stock Amid EV Giant’s Turbulent Times
Elon Musk

Tesla’s European EV Sales Drop 53% in April Amid Rising Chinese Competition

Tesla’s electric vehicle (EV) sales in Europe took a significant hit in April 2025, with new-car registrations dropping nearly 53% to 5,475 vehicles, according to the European Automobile Manufacturers’ Association (ACEA). This marks the fourth consecutive month of decline for the EV giant, as Chinese competitors like BYD gain ground in the rapidly growing European…

GM

U.S. EV Tax Credit Faces Elimination, Threatening GM and Ford’s Electric Push

A proposed budget from House Republicans could end the $7,500 federal tax credit for electric vehicles (EVs), a move that may stall EV adoption and hit automakers like General Motors (GM) and Ford hardest, while Tesla stands to gain. The proposal, aimed at reducing federal spending, could reshape the EV market just as legacy automakers…

Tesla's Bumpy Road: Expected Shortfall in Q3 2023 Deliveries
Model Y

Tesla Sees Record Test Drive Signups for 48-Hour Model Y and Model 3 Demos Across U.S.

Tesla is experiencing a surge in interest for its electric vehicles, with some U.S. stores reporting record test drive signups for the new 48-hour demo option. According to a recent update from EV enthusiast Sawyer Merritt, the extended test drives for the Model Y and Model 3 have attracted significant attention, with bookings stretching over…

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