A recent report from Ottawa’s budgetary watchdog, Parliamentary Budget Officer Yves Giroux, has indicated a much longer timeline for the Canadian and Ontario governments to recover their investments in tax credits for Volkswagen and Stellantis battery plants. Contradicting Prime Minister Justin Trudeau’s initial claim of a five-year break-even, the analysis suggests a 20-year horizon. The […]
The investment for Tesla’s under-construction gigafactory in northern Nuevo Leon state has significantly increased from previous projections. On Monday, Nuevo Leon Governor Samuel Garcia announced that Tesla and its suppliers are set to invest $15 billion over the next two years. This is three times the $5 billion figure previously stated by Mexican officials, reports […]
With Tesla’s new Model 3 available for Europe, Asia and the Middle East, the new vehicle comes with major changes as part of its refresh. The rear design has new taillights, which are built right into the trunk lid. Some have been wondering what would happen to these flashing lights for example, when one opens […]
On September 9, 2023, attendees at the Triple-A Buffalo Bisons game at Sahlen Field witnessed a significant moment in automotive advertising. For the first time, an advertisement for Tesla was showcased during the game. This revelation comes shortly after Tesla announced its intention to experiment with advertising strategies back in May of this year at […]
Canada-based Telesat has signed to deal to have SpaceX launch its Lightspeed satellite constellation to Low Earth Orbit (LEO). Under the agreement, Telesat will use SpaceX’s Falcon 9, known for being the most dependable and only reusable orbital rocket presently in operation, for a total of 14 launches. Each launch is set to transport up […]
Tesla has announced another adjustment in its Annual Percentage Rate (APR) for financing in the United States. Customers with an excellent credit rating will now face a change in the APR for both their 72-month and 84-month loan options, as spotted by Sawyer Merritt. The 72-month loan APR has been nudged up to 6.34% from […]
Elon Musk’s audacious vision for the future of cars — a fully autonomous “Robotaxi” — is exposed in Walter Isaacson’s upcoming biography. Musk, never one to shy away from groundbreaking ideas, is quoted as saying, “The future would belong to the Robotaxi,” a revolutionary vehicle that could diminish the need for car ownership. As highlighted […]
Tesla has updated its referral program recently, changing the discounts available and also the rewards for those referring friends and family. When referring a friend, they now only save $500 USD ($650 CAD) across all Tesla vehicles including Model S/X and Model 3/Y. Previously, Model S/X would get $1,000 USD off when referring a friend, […]
On September 8, 2023, SpaceX provided an update on the advancements made to its Starship launch system, following lessons learned from its inaugural flight test. The first integrated flight of Starship and Super Heavy, the most potent launch system ever conceived, offered invaluable insights that have led to several enhancements in the vehicle and its […]
Tesla has introduced a notable addition to its latest Model 3 refresh–the inclusion of a blind spot indicator. This feature, a first for the Model 3, was recently showcased in a YouTube review, highlighting its functionality. According to Tesla’s European Model 3 manual, the new “Blind Spot Assist” encompasses several features (you can see the […]
Honda has announced a collaboration with Tesla to integrate the latter’s North American Charging Standard (NACS) into its upcoming EV models slated for release in North America from 2025. A new EV is set to debut from Honda in 2025 and will be the first to feature the NACS port. Subsequent models will also adopt […]
Swedish electric vehicle manufacturer, Polestar, is set to release a branded smartphone in December, coinciding with the launch of its first sports utility vehicle (SUV) in China, the Polestar 4. The announcement emphasizes the company’s innovative approach in the electric vehicle market, integrating technology with transportation. The Polestar 4, an SUV coupe, will be the […]
Tesla announced on Wednesday it reached a major milestone at its Giga Shanghai factory in China, reaching 2 million cars produced. “In Gigafactory Shanghai, we produced 1 million cars within 33 months, and remarkably, we reached the second million milestone in just 13 months!”, said the @Tesla_Asia account on X. A picture showed employees posing […]
In a recent pricing adjustment, Tesla has increased the cost of its yoke steering wheel for the Model S and Model X from $250 USD to $1,000 USD, a four-fold increase (via @SawyerMerritt). This comes after a notable decision on April 20, 2023, when amidst a price hike for both the Model S and X, […]
Lucid Motors CEO Peter Rawlinson, once an engineer for Tesla, is looking to push the boundaries of the electric vehicle (EV) market. Drawing from his rich experience with Tesla, Rawlinson is now steering Lucid to tackle two of the most pressing concerns in the EV world: range anxiety and affordability. As the brains behind the […]
