Donald Trump, in a recent statement as President-elect, announced that Elon Musk and Vivek Ramaswamy will lead a new government branch called the “Department of Government Efficiency” (DOGE). This department aims to streamline the U.S. government by cutting wasteful spending, reducing bureaucracy, and restructuring federal agencies. Trump highlighted this as a major part of his […]
Tesla has announced a recall for 2,431 of its 2024 Cybertrucks due to a potential issue with the drive inverter, according to the National Highway Traffic Safety Administration (NHTSA) Recall Report No. 24V-832. The recall affects Cybertrucks manufactured between November 6, 2023, and July 30, 2024, which were equipped with metal-oxide-semiconductor field-effect transistors (MOSFETs) within […]
Tesla’s Nevada team is now producing 1,000 Powerwall units every day, marking a major push to expand energy storage options worldwide. CEO Elon Musk celebrated the achievement, saying these compact home batteries are crucial for keeping homes and businesses powered during outages, especially for those looking to cut ties with traditional utilities. With a Powerwall, […]
Tesla has announced it is the fifth anniversary of its Gigafactory in Berlin-Brandenburg, Germany. CEO Elon Musk first announced the plan on November 12, 2019, at the Golden Steering Wheel Awards. Here are the milestones since then, shared by Tesla on X today: Over 400,000 Model Y produced Over 500,000 drive units produced Recycling over […]
Tesla’s “Cybercab,” also called the Robotaxi, was recently spotted driving around Tesla’s Giga Texas factory in a video posted by Adan Guajardo on November 9, 2024. Tesla Cybercab seen driving at Giga Texas!!!#robotaxi #cybercab #gigatexas #elonmusk 📷 🎥 @AdanGuajardo pic.twitter.com/DSwab7cHEE — Adan Guajardo (@AdanGuajardo) November 10, 2024 The video shows the Cybercab driving by itself […]
After Donald Trump’s recent election win, hedge funds betting against Tesla have lost billions, as Tesla’s stock surged, thanks in part to the close connection between Trump and CEO Elon Musk. Hedge funds that held short positions in Tesla lost at least $5.2 billion between election day and Friday, Bloomberg reported, citing data from S3 […]
Tesla’s stock is seeing a massive surge, with its market cap now over $1 trillion after this week. This rise comes as investors anticipate potential support for Tesla under Donald Trump’s upcoming presidential term, following his recent election win. Tesla CEO Elon Musk has been a significant supporter of Trump’s campaign, contributing over $130 million […]
Tesla has announced you can now lease a Cybertruck in the U.S., offering yet more options to buy its electric truck. Lease options are based on $7,500 down, 36-month terms and 10,000 miles allowed per year, to get Cybertruck lease pricing as follows: All-Wheel Drive: $999/month Cyberbeast: $1,148/month You can also lease for 24-month terms, […]
SpaceX is gearing up for its sixth test flight of Starship, scheduled for as early as Monday, November 18, with a 30-minute launch window opening at 4:00 p.m. CT. A live webcast will start about 30 minutes before liftoff, available on SpaceX’s X account and the new X TV app. As with previous tests, the […]
Unplugged Performance’s UP.FIT division is making headlines at SEMA 2024 with the reveal of the first-ever Tesla Model S Plaid built for law enforcement. The customized “UP.FIT Tesla Model S Plaid Pursuit” is designed to meet the demanding needs of police work, combining cutting-edge performance with sustainability. This modified Model S Plaid, boasting over 1,000 […]
Tesla has launched a new promotion in Canada, offering 0% APR when you purchase Full Self-Driving (FSD). This deal only applies to the Model 3 and Model Y on orders made from today, November 4, 2024. Tesla says you must take delivery by the end of the year. You can save even more if you […]
Tesla’s Megafactory team in Lathrop, California, reached a major milestone on November 4, 2024, by building its 10,000th Megapack. Tesla’s Megapack units play a critical role in large-scale energy storage, supporting a transition to renewable energy by helping stabilize power grids, prevent outages, and reduce reliance on gas-powered peaker plants. According to Tesla, each Megapack […]
Tesla recently sold $499 million in bonds backed by loans it provides to customers purchasing solar equipment, a step aimed at supporting its solar business. Deutsche Bank started promoting the five-part bond offering on Monday, and the process concluded by Friday, reports Bloomberg. All tranches of this debt were rated investment grade by Fitch Ratings, […]
Tesla recently started rolling out its 2024.33.5 software update, which includes Full Self-Driving (FSD) Supervised 12.5.4.2, for Hardware 3 (HW3/AI3) vehicles. This update brings some improvements to Actually Smart Summon, while the end-to-end highway stack for FSD is set to be coming soon. Some initial experiences with FSD 12.5.4.2 on HW3 cars, such as on […]
Ford is hitting the brakes on its F-150 Lightning production, pausing assembly of its flagship electric truck at the Dearborn, Michigan, plant from mid-November to early January. The reason? Ford says demand for electric vehicles, or EVs, isn’t keeping up with expectations. The production halt will start after the shift on November 15 and resume […]
