A London, England resident shared plans to open an electric vehicle (EV) factory in Canada, and has presented an ambitious timeline for getting the job done. On Tuesday, Faruk Rama, Chairperson of Trouve Victory Inc., announced he’s making a deal for roughly 50 hectares of land east of Toronto, expecting to build an assembly plant […]
After Jeff Bezos’s company Blue Origin lodged a lawsuit against NASA over its granting SpaceX a 2024 moon outpost contract, the company has officially been defeated in a Federal court, a new report shows. Blue Origin lost a court battle with NASA over the awarding of SpaceX with the 2024 moon contract, according to CNBC. […]
After Tesla announced new financing plans, including one with a $0 down payment, the company has reportedly removed the option due to a significant increase in orders. Tesla has removed the recently-announced option for a $0 down payment when buying a Tesla due to a huge increase in orders, according to CNEVPost. Instead, the company […]
Following the announcement of Hertz’s $4.2 billion USD plans to purchase 100,000 Tesla vehicles, some sources noted recently that the two companies are still struggling to specify the timing details of the deal. The exact timing of Tesla’s delivery of Hertz’s newly-purchased Teslas is still being negotiated, according to sources familiar with the subject as […]
Earlier this year, one hacker discovered Tesla’s plans to move user profiles to the cloud in Tesla’s software script, and in a new update, a new addition to the feature has officially become visible in a software update – despite not yet being operational. Tesla plans to add “Vehicle Sync” to its driver profiles, as […]
As competition amongst electric vehicle (EV) companies continues to increase in the world’s largest auto market, Warren Buffett-backed BYD is seeing its sales grow. BYD sales tripled year over year in China in October, alongside the likes of Xpeng Motors which also saw its October sales triple year over year, according to Investors. Li Auto […]
As the needs of Tesla drivers evolve with the company’s cars, so too does the company’s online stock – and recently, Tesla dropped the price of a corded mobile connector on its online store. Tesla has quietly dropped the price of its Corded Mobile Connector to $400 (down from $520, a 23% drop), despite the […]
As Tesla’s Gigafactory Texas nears completion, one watchful user has noticed new equipment thought to be for use in 4680 battery cell production. YouTube drone pilot Jeff Roberts has spotted 4680 production equipment labeled “Anode Lines” at Tesla’s Gigafactory Texas, alluding to the company’s plans to produce its own 4680 battery cells. The words were […]
On Wednesday, Tesla’s stock had jumped nearly $400 billion USD in valuation over a 12-day period, marking the single largest 12-day gain in capital market history, according to Fortune. The company’s market value jumped from $818 billion USD to about $1.21 trillion USD for an increase of about $392 billion USD, to be specific. The […]
Tesla saw record deliveries in China in September, and as demand for Tesla vehicles continues to grow in the world’s largest auto market, the company is apparently looking to construct a new factory outside of Shanghai – though apparently not where some are expecting. After a rumor of Tesla’s alleged plans to build a second […]
As Ford and Amazon-backed Rivian has planned for an initial public offering (IPO) of around $50 billion USD since February, the company has officially announced plans to offer up shares, expected to outsell the initial estimates. Rivian is shooting for a target of $54.6 billion USD in market valuation for its upcoming IPO, offering 135 […]
Ahead of Tesla’s plans to open its Supercharger network to other electric vehicle (EV) brands worldwide, the company has officially begun implementing the change in the Netherlands, where some users have already shared their experiences with the change. Tesla has officially opened its Supercharger network to other EV brands in the Netherlands, as shown by […]
Following the initial delay of SpaceX’s Crew-3 mission to November 3, NASA has once again delayed the mission’s launch, this time due to a medical problem. NASA will delay the launch of SpaceX’s Crew-3 mission, citing a non-emergency, minor medical issue with one of its crew medicals, according to a press release. The agency has […]
Following the announcement from Hertz to buy 100,000 Teslas in a $4.2 billion USD deal, the company has said it has started receiving Tesla vehicles, though a contract apparently hasn’t been signed. Hertz said it has already started receiving Teslas, but it didn’t address a tweet from Tesla CEO @Elon Musk on Monday saying that […]
SpaceX confirmed plans to launch a non-beta release of Starlink in September, set to happen by the end of this month – despite some delays. The Starlink website has officially ditched the term “Beta,” and has instead added information about the company facing delays, due to the ongoing semiconductor chip shortage (via PCMag). The company has […]
