Stories by Peter McGuthrie

Tesla Offers Subsidies to China Buyers If They Opt for Insurance

Some expect that a new subsidy for Tesla buyers in China could signal upcoming price changes, after weeks of the automaker dropping wait times on its electric vehicles (EVs). Tesla began offering insurance subsidies in China that some expect to precede possible price cuts, according to a report from CnEVPost. Those who get deliveries from […]

2023 GMC Hummer EV Reservations Surpass 90,000, Says Company

Since GMC’s Hummer EV reviews started hitting the internet in the spring, the automaker has garnered an impressive amount of reservations, and the company’s head says most customers are completing their sales, too. GMC has surpassed 90,000 reservations for the GMC Hummer EV, according to Marketing Director Rich Latek who shared the figure at the […]

Tesla Wait Times Drop Again in China, Now Down to 1 Week

Tesla has cut down its wait times for buyers in China once again, this time dropping all models to start at a wait time of one week, according to CnEVPost. On the automaker’s order configurator, the entry-level Model 3 now has a wait time of 1-8 weeks, dropped from 6-10 weeks previously. Similarly, the Model […]

SpaceX Launches $2,500 High-Performance Dish for Residential Service

Just a day after SpaceX’s Starlink reached Antarctica to become operational on all seven continents, one publication has spotted the addition of the company’s high-performance Starlink terminal to its residential users page. SpaceX now offers its $2,500 high-performance Starlink dish to residential users, as shown on the company’s order page (via PC Mag). The high-performance […]
1 million cars Giga Shanghai

Tesla Considers Closing Some Expensive Showrooms in China, Says Report

China is currently Tesla’s second-largest market, and the automaker could be looking to make major changes to its strategy in the country following COVID-19 restrictions earlier this year. Tesla is reconsidering its retail strategy in China as it weighs the possibility of closing showrooms in larger cities, according to two sources familiar with the company’s […]

Apple Overtakes Tesla as the Most-Shorted Stock in the U.S.

As many of Tesla’s short-sellers have faded away in recent months, another technology company has taken the throne as the tactic’s new most common target. Apple has overtaken Tesla to become the most-shorted stock in the U.S., after the automaker held that spot for 864 days, as Business Insider reports. Short interest in Tesla currently […]

German Economic Minister Has No Info on Tesla’s Giga Berlin Plans

Plans for Tesla’s Gigafactory Berlin-Brandenburg seem to be up in the air, after one local economic minister spoke briefly and vaguely on the subject. On Thursday, German Economy Minister Robert Habeck said he didn’t have any information on changes to Tesla’s battery manufacturing plans at Giga Berlin, according to a report from Reuters. The news […]

NYT Journalist Rides in Tesla’s FSD Beta 10.69.2 for Upcoming Story

One Tesla Full Self-Driving (FSD) beta tester with version 10.69.2 apparently did a ride-along with a New York Times journalist and shared their experience (via Reddit). The poster reported that 10.69.2 was “much smoother and much less jerky,” adding that “I’m happy to report that several recurring issues are now fixed.” The user, u/5starkarma on […]

SpaceX Starlink Reaches Antarctica, Now on All 7 Continents

@SpaceX retweeted a photo from the @National Science Foundation on Wednesday celebrating that Starlink has reached Antarctica. The news also means that Starlink is now on all seven continents worldwide, as SpaceX notes in the post. SpaceX added that this was made possible by Starlink’s network of laser-beaming satellites, which has reached full-world coverage in […]

President Biden to Announce $900 Million for EV Charging Stations

As the U.S. pushes forward to expedite the roll-out of electric vehicle (EV) charging stations, President Joe Biden is set to approve new funding for the first set of chargers in a national charging network. President Biden is attending the Detroit Auto Show on Wednesday, and he’s expected to approve the first $900 million in […]

Tesla Giga Berlin Expansion Taken Off of Local Council Agenda

Tesla’s plans to expand Gigafactory Berlin-Brandenburg appear to be on halt for the time being, as the plant’s local council has removed it from an upcoming agenda. Grünheide, Germany Mayor Arne Christiani removed Tesla’s plans for expansion from a September council meeting on Wednesday, requesting clarification on the automaker’s plans, as reported by German publication […]