A nine-person jury in Northern California on Friday found Elon Musk not guilty of fraud in a trial over his 2018 tweets about having “funding secured” to take Tesla private (via NBC News). The Tesla CEO was being sued for allegedly costing shareholders millions of dollars due to the share price fluctuations that came after his […]
Tesla has left Volkswagen in a tough spot on the veteran automaker’s home turf after recently dropping the prices of its Model 3 and Model Y electric vehicles (EVs) by up to 16.8% in Germany. The discounts, which Tesla said were a result of “normalizing” inflation, have led to increased demand for and interest in […]
Transportation officials in San Francisco are trying to slow the rollout of robotaxis in the city, arguing that they can pose a road hazard to other drivers and that more data is needed before they can be allowed to freely roam the streets — reports NBC News. San Francisco has become a bit of a […]
The launch of SpaceX’s Starlink service in Nigeria has helped achieve full broadband coverage across the country — reports Nairametrics (via @DimaZeniuk). The Minister of Communications and Digital Economy, Isa Pantami, said that Nigeria has achieved 100% broadband coverage following the licensing and operation of SpaceX’s Starlink. 🇳🇬🛰️ Source: @Nairametrics@elonmusk @SpaceXStarlink pic.twitter.com/Oy5KBsxSVI — Dima Zeniuk […]
Lucid Motors saw its stock price jump by as much as 98% on Friday, closing at $12.87 per share (up 43%), as rumors of Saudi Arabia’s Public Investment Fund (PIF) considering a full takeover of the luxury electric automaker made the rounds — reports the Silicon Valley Business Journal. The news represents a breath of […]
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Elon Musk for his role in directing the branding around Tesla’s self-driving car ambitions — reports Bloomberg. According to the publication, the efforts are part of the regulator’s ongoing investigation into Tesla’s claims surrounding its Autopilot and Full Self-Driving (FSD) features. SEC officials […]
Tesla’s all-electric Model Y crossover ranked fourth in global car sales for 2022 by volume, according to a report from Focus2Move (via @1stPrincipleInv). Global Best Selling Cars in 20221. Toyota Corolla: 1.12m (-2%)2. Toyota RAV4: 870k (-14%)3. Ford F-Series: 787k (-9%)4. Tesla Model Y: 759k (+88%)5. Toyota Camry: 675k (-3%)6. Honda CR-V: 601k (-18%)7. Tesla […]
Here’s a list of all the new Tesla Superchargers that opened up across the globe between January 19 and 25, 2023, courtesy of data from Supercharge.info and the TMC Forums: Date Opened Location Number of Stalls Power Rating Official Listing January 19, 2023 The Village at Sandhill at 494 Town Center Pl, Columbia, SC, USA 12 250 […]
Tesla announced its fourth-quarter and full-year 2022 earnings on Wednesday afternoon, reporting record revenue for the final quarter. The automaker reported revenue of $24.3 billion USD for October to November 2022, up a whopping 37% year-over-year. Wall Street, meanwhile, had forecasted $24.03 billion in revenue. Tesla reported a net income of $2.3 billion (GAAP) for […]
Tesla’s Model S and Model X electric vehicles (EVs) are sold out in Europe for the entirety of the first quarter of 2023, with estimated delivery dates for new orders being pushed to April-June from January-March (via @Tslachan). $TSLA• Model S/X Europe's estimated delivery date has been changed from April to June. (Previously from January […]
Some SpaceX Starlink subscribers are complaining of latency spikes and rampant packet loss on the service since earlier this week (via Reddit). The kind of lag this causes is most noticeable in online games, especially multiplayer titles. “I have been gaming on starlink for a while now and have for the most part not had […]
Tesla’s ever-growing Supercharging network may soon be open to electric vehicles (EVs) from other companies in the U.S., judging by an upcoming change to Superchargers that was recently discovered within the company’s mobile app. The Tesla app recently let slip an image detailing what the company’s “Magic Dock,” which will adapt Tesla’s now-open North American […]
High-end vehicle tuner NOVITEC, headquartered in Bavaria, Germany, recently launched a customized sports modification program for the Tesla Model Y (via @Berlinergy). NOVITEC is traditionally known for modifying Italian makes such as Ferrari, Fiat, Alfa Romeo, and Lamborghini. The company created a unit dedicated to Maserati tuning in 2007, and it will now be working […]
Tesla was the top-selling battery electric vehicle (BEV) brand in Germany for 2022, unseating local automotive giant Volkswagen for the first time, according to data from the country’s Federal Motor Transport Authority (KBA) that was shared by nextmove, a German electric car rental company (via @Captn_Hype). @tesla taking pole position in Germany in BEV sales […]
Tesla is now accepting questions for its fourth-quarter and year-ended December 31, 2022, earnings call, as detailed by Martin Viecha (@MartinViecha), the company’s head of Investor Relations. Submit new questions or upvote your favourite questions for Tesla's earnings call here:https://t.co/lcuyKYrRQn — Martin Viecha (@MartinViecha) January 21, 2023 The all-electric automaker’s Q4 and full-year 2022 earnings […]
