Model 3 Standard Delivery in the US Starts in earnest
- Model 3 Standard Delivery in the US Starts in earnest
Model 3 Standard customer deliveries have officially begun in the U.S., suggesting Tesla’s entry sedan lineup is speeding up supplies again.
- New Model Y Performance to Launch in Canada in Q1 2026
Tesla said it plans to launch the new Model Y Performance in the Canadian market in the first quarter of 2026. It is expected to include improved performance and next-generation updates.
- Tesla launches ‘new car rental program’ in select U.S. stores
Tesla has introduced car rental services in parts of the U.S. that can be $60/day, up to seven days. Rent includes FSD (supervised self-driving), free supercharging, and a $250 discount on new car purchases within seven days.
- Cal Junction Police Department in Missouri Introduces Additional Tesla
The Cal Junction Police Department in Missouri has deployed two more Tesla vehicles.
The police department emphasized the effect of reducing operating costs.
• Charging cost: 0% → approximately $2.30 for 100% charging
• Existing petrol vehicles: Refueling required at least once a day
• Tesla vehicles: Up to 3 days without charging
- Tesla Launches Model Y Long Range RWD In China…a significant increase in mileage
Tesla has launched its new Model Y Long Range RWD model in the Chinese market.
• Range: 821km (CLTC) / Approximately 546km (EPA)
• Price: CNY 288,500 (about $40,500)
• Delivery: Starts in 2 weeks
• It is characterized by a significant increase in mileage compared to existing models.
- Rivian Announces Up to $4.6 Billion Performance-Based Compensation To CEO RJ Scaringe
Rivian is offering CEO RJ Scaringe a performance-based compensation package worth up to $4.6 billion over the next decade. The compensation will be linked to three categories: stock price targets, adjusted operating profit, and operating cash flow.
1) Stock Price Target Conditions
• 11 sections, 22 million shares in total
• Each segment must meet its target price for 120 consecutive trading days
• Target price range: $40 to $140, $10
• If the target is not met within 10 years, the stake will be extinguished
2) adjusted operating profit basis
• Up to 7.25 million shares
• Performance Period: Until December 31, 2032
• 3 objectives (the figures are private)
• Target 1: Up to 1.25 million shares
• Goal 2: Up to 3 million shares
• Target 3: Up to 3 million shares
3) Operating cash flow basis
• Up to 7.25 million shares
• Same performance period (through December 31, 2032)
• Three goals
• Target 1: Up to 1.25 million shares
• Goal 2: Up to 3 million shares
• Target 3: Up to 3 million shares
