Stories by Peter McGuthrie

Elon Musk Asks Judge to Halt SEC Oversight of His Twitter Account

Musk has requested that a judge block the SEC’s oversight of his Twitter posts, saying it’s being used to “trample” his free speech, according to Bloomberg. The news was established in a court filing on Tuesday, referring to an agreement established after a 2018 tweet from Musk said he was considering taking Tesla private and […]

Tesla Sold 56,515 China-Made Vehicles in February

As Tesla prepares to expand its production in China, the company is already off to a good start on the year — despite a slight drop in sales month-to-month. Tesla sold 56,515 China-produced vehicles in February, according to data shared by the China Passenger Car Association (CPCA), and as reported by CNEVPost. February includes the […]

Tesla’s Giga Berlin is ‘Major Competitive Advantage’ in Europe, Says Wedbush

Tesla’s new German Gigafactory was granted approval to start production last week, and amidst the news, one analyst is doubling down on his bullish targets for the company’s stock. Wedbush’s Daniel Ives says Tesla has cleared a “major overhang” with the production approval granted to the automaker’s new Gigafactory Berlin-Brandenburg location, according to Benzinga. Ives […]

Volkswagen ID Buzz to Include Two Variants, 11 Color Options

Volkswagen is officially launching the ID Buzz and ID Buzz Cargo electric vans on Wednesday, March 9, and the automaker revealed a few more details about the electric vehicle (EV) on Monday. Volkswagen is set to detail a standard and Cargo variants of the vehicles of the ID Buzz on Wednesday, and as many as […]

GM to Build EV Battery Materials Plant in Canada, Will Cost $400 Million

Traditional automakers are making their foray into electric vehicles (EVs), and following a December announcement that General Motors (GM) would process cathode material for its Ultium batteries by 2024, the automaker is holding to it. GM is pouring an estimated$400 million (~$500 million CAD) into a Bécancour, Quebec production facility for cathode active material (CAM) […]

Mercedes EQS Electric SUV Spotted Testing in California [VIDEO]

Mercedes-Benz has plans to launch six EQ electric vehicles (EVs) this year, and an upcoming SUV model has officially been spotted testing A pair of Mercedes EQS SUV units were seen testing in Southern California, with privacy wraps covering the EVs’ paint jobs, as spotted by Motor1 last week. In the video, originally from KindelAuto, […]

Tesla’s Model Y was the World’s Best-Selling EV in January 2022

Electric vehicles (EVs) are beginning to take hold in markets around the world, and amidst an 87 percent year-over-year upturn in total EV registrations across brands, one of Tesla’s vehicles is carrying the weight. The Tesla Model Y was the top-selling plugin vehicle worldwide sold in January 2022, even beating out the affordable Wuling HongGuang […]

Volkswagen Trinity EV Coming from New $2.1 Billion Wolfsburg Plant

German automaker Volkswagen has shared details on a new electric vehicle (EV) factory in Wolfsburg-Warmenau, which will build a state-of-the-art upcoming vehicle for the company. Volkswagen has gained approval from the government’s Supervisory Board to begin production at the Wolfsburg Trinity EV facility, according to a press release shared by the company on Friday. So […]

Tesla Model 3 Wait Times in China Increase Up to 20 Weeks

It’s no surprise that Tesla is dominating the world’s largest auto market, but for some customers, high demand and delivery wait times have been trying. Tesla’s Model 3 demand in China is causing extra-long delivery times, with some estimated delivery timelines ranging out as far as 16-20 weeks from now, according to CNEVPost. Previously, delivery […]

Tesla’s Giga Berlin Factory Gets Green Light for Production

Just weeks after Tesla’s first Model 3 and Y units with a new AMD Ryzen Chip started delivering to Germany from Gigafactory Shanghai, the automaker has officially been approved to start building electric vehicles (EV) in the country. Tesla was awarded conditional approval to begin commercial production at its Gigafactory Berlin on Friday, according to […]

Tesla Being Sued for Elon Musk’s $2.5 Billion Pay Package in 2018

Tesla shareholder Richard J. Tornetta is suing Tesla, alleging that CEO Elon Musk’s pay was excessive and breached fiduciary duties, according to a report from CNBC. The pay package in question granted options worth about $2.5 billion to Musk, and consisted of the CEO’s 101.3 million stock options plan which pays out in 12 milestone-focused […]