Tesla (TSLA) opened Friday with losses as the market experienced increased volatility, immediately following a week of the meteoric rise of highly-shorted stocks like Gamestop (GME) and AMC (AMC). Despite the losses, Argus Research’s Bill Selesky said on Friday that the firm had boosted its price target for Tesla to $1,010, from the prior $777, […]
As predicted, Tesla unveiled its Model X and Model S refreshes, complete with a cool, new steering wheel. On Wednesday, Electrek reported on some of the new steering wheel’s features, including force touch buttons and sensor-based drive modes, due to the removal of the PRND drive stalk. Removing the drive stalk is a bold move, […]
Three free months of Tesla’s Full Self-Driving were activated earlier this month for many new Tesla owners, with many wondering what the future of the system may look like. Tesla CEO Elon Musk said Wednesday at the company’s Q4 earnings call that the company is in early talks to share its Autopilot and Full Self-Driving […]
Tesla’s Semi was spotted in Fremont last month, and that fleeting glimpse will have to hold onlookers over for a while. In Tesla’s Q4 earnings update Wednesday, CEO Elon Musk announced that the company is putting Semi production on hold until they can begin producing high volumes of its own battery, as reported by CNBC. […]
Rivian’s electric Amazon Prime van has now been spotted a few times in the wild, leaving Tesla fans wondering: when will the company develop its own electric van? At Tesla’s Q4 2020 earnings call on Wednesday, CEO Elon Musk responded to an investor question about electric vans, sharing that Tesla would eventually develop its own […]
Tesla CEO Elon Musk recently became the world’s richest person from Tesla’s (TSLA) major gains in 2020, though analysts are quick to speculate whether the company is overvalued or not. At Tesla’s earnings report on Wednesday, Musk shared that the company had a “roadmap to potentially justify” the company’s market capitalization and current valuation, according […]
A number of public transit companies in Canada have unveiled their own versions of the electric vehicle (EV), with the newest set to arrive next year. In a press release on Tuesday, Vancouver, B.C.-based TransLink announced a signed contract with Nova Bus for 15 all-electric buses, adding to the company’s current EV fleet of 4 […]
Electric vehicles (EVs) require robust navigation capabilities to handle the currently-sparse charging infrastructure, especially on complicated routes and trips which require multiple stops. On Wednesday, engadget reported that EVs with Google Maps built-in will make it easier for drivers to plan their trips around charging stations. Google’s using graph theory in combination with the latest […]
Earlier this month, NIO’s stock reached an all-time, immediately following the announcement of its flagship sedan, the NIO ET7. On Thursday, YouTube channel Mr. P – Nio Videos uploaded a new video featuring the NIO EC6, and showing off its brand new auto-park and summon features. The features downloaded to the vehicle through a recent […]
Tesla’s manufacturing teams around the world play a huge role in the company’s success. On Wednesday, electrek reported Tesla’s top manufacturing engineer, Victor Prajapati, would be departing from the company to join the manufacturing team at Rivian – a rival electric vehicle (EV) company whose first release, the R1T, is set to be the market’s […]
It’s January 2019, and Tesla (TSLA) is enduring turmoil as a company as it sits on the brink of bankruptcy. CEO Elon Musk sends out an open letter to employees sharing that the company needs to reduce headcount by 7%, and increase Model 3 production rates significantly – with the added difficulty of losing Deepak […]
Tesla (TSLA) had a stellar year in 2020, and the company’s Q4 2020 earnings report is scheduled for later today, immediately following the market’s close. While Tesla is expected to report its sixth straight quarter of immense growth, according to Axios, the company’s announcement could also have a major impact on the electric vehicle (EV) market […]
On Sunday, YouTube channel Daily Motor shared a new video showing off its 2021 Standard Range Rear-Wheel Drive Tesla Model Y, newly-purchased by the hosts. In addition to purchasing Tesla’s SUV, the channel also made it a point to purchase the cheapest available Model Y option, including all of the vehicle’s base options and the […]
Numerous electric police cruisers have begun popping up around the world, but what’s stopping our police departments from cutting emissions entirely? The New South Wales Police Force has confirmed a 12-month EV testing period for a Hyundai Kona cruiser, according to New Zealand publication stuff, which is also posing the question of why the practice […]
California electric vehicle (EV) startup Lucid Motors is currently in talks with Saudi Arabia’s sovereign wealth fund about building an EV factory in the kingdom, according to a Financial Times interview with Yasir Al-Runayyan, the fund’s governor (via Bloomberg). The factory could be built near the Red Sea city of Jeddah, according to earlier reports […]
