Tesla has added a new option to its mobile app that will allow users to accept loaner vehicles directly from the app when their own cars have been sent to a service center for under-warranty repairs, as seen in screenshots shared by an owner in Germany (via @tesla_adri). NEWS: Tesla has a new option in […]
According to a report from The Houston Chronicle, SpaceX invested $430 million USD in operations at its ‘Starbase’ facility in Brownsville, Texas, over the course of 2021 and is now the city’s “largest private employer” with over 1,600 individuals under its employ (via Business Insider). Brownsville Mayor Trey Mendez said during a “State of the City” […]
Footage from Tesla’s American Gigafactory in Austin, Texas, captured on Friday, April 22, and shared by Jeff Roberts shows that the ‘E’ and ‘S’ from the planned ‘TESLA’ lettering on the building’s roof, outlined entirely by solar panels, are now complete. Tesla plans to cover the bulk of the Giga Texas roof with solar panels […]
Transport Canada on Friday announced updates to the federal Incentives for Zero-Emission Vehicles (iZEV) Program designed to expand eligibility criteria for rebates to a wider selection of cars. According to the Government of Canada, the iZEV Program has already helped Canadians purchase or lease over 141,000 new zero-emission vehicles (ZEVs) since its inception in 2019. […]
Elon Musk confirmed in a tweet on Friday evening that tech magnate Bill Gates admitted to shorting Tesla when the latter recently approached him about “philanthropy possibilities” — reports Business Insider. Responding to screenshots of a conversation between Musk and the Microsoft founder shared by @WholeMarsBlog, the Tesla CEO confirmed they were real. @elonmusk is this […]
Elon Musk’s vision for Twitter and his financial plans for the social media giant proved instrumental in raising $46.5 billion USD in financing for his bid to acquire the company — reports Bloomberg. Musk hasn’t said much publicly about his plans for Twitter beyond wanting to make it “the platform for free speech around the globe.” […]
Herbert Diess, CEO of veteran German automaker Volkswagen, recently sat down with Lesley Stahl for an interview on CBS‘s 60 Minutes. The two started off by talking about Volkswagen’s production and supply chain woes amidst Russia’s ongoing invasion of Ukraine. Last month, Volkswagen delayed the ID.5 electric vehicle (EV) to May after the war cut […]
SpaceX successfully launched its 43rd Starlink mission aboard a Falcon 9 rocket on Thursday at 1:51 p.m. ET from Space Launch Complex 40 (SLC-40) at the Cape Canaveral Space Force Station in Florida. Liftoff! pic.twitter.com/mSA8WD2TTo — SpaceX (@SpaceX) April 21, 2022 Starlink is a high-speed broadband service from SpaceX powered by a constellation of satellites […]
According to a recent report from Barron’s, Tesla’s record-setting earnings for the first quarter of this year handily beat Wall Street’s estimates, leaving analysts “speechless” (via Yahoo Finance). The electric vehicle (EV) maker on Wednesday announced $18.7 billion USD in total revenue for Q1 2022, up a staggering 81% year-over-year, with a net income of […]
Tesla and SpaceX CEO Elon Musk this week created three new holding companies, each with a variation of the name “X Holdings,” to help with his planned acquisition of social media giant Twitter — reports Bloomberg. According to documents filed with the U.S. Securities and Exchange Commission (SEC), Musk and his co-investors in the Twitter […]
Legacy Swedish automaker Volvo on Tuesday announced an investment in StoreDot, an Israeli company that is working on electric vehicle (EV) batteries capable of extreme-fast charging. The investment was made through the Volvo Cars Tech Fund, Volvo’s venture capital unit. StoreDot is working on disruptive battery tech capable of adding 257 miles (160 km) of […]
South Korean battery manufacturer Samsung SDI is looking to apply its electric vehicle (EV) battery production wisdom to smartphone batteries — reports The Elec. Samsung SDI supplies EV batteries to several automakers, including BMW and Stellantis. The battery maker even vied for contracts from Tesla last year when it produced samples of the EV maker’s new […]
Tesla and SpaceX CEO Elon Musk is looking to partner with co-investors in his $43 billion USD bid to buy social media platform Twitter — reports The New York Post. Earlier this month, Musk revealed he had bought a 9.2% stake in Twitter for $3.4 billion, becoming the company’s largest shareholder. Musk was originally going to […]
YouTuber Ben Vallack recently traded their Fremont-built Tesla Model 3 for a Giga Shanghai-made 2022 Model Y in the U.K. and shared his first impressions of the electric crossover in a video. Having already owned a Tesla, Vallack noticed a number of differences and improvements Tesla has made to the 2022 Model Y. One of […]
Tesla CEO Elon Musk last week said he doesn’t think Twitter’s board of directors shares the same financial interests as the social media platform’s investors. “With Jack [Dorsey] departing, the Twitter board collectively owns almost no shares,” Musk said in a tweet, replying to a shareholding breakdown of each of the members of Twitter’s board. […]
