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 […]
GM to Invest Nearly $500 Million into Marion, Indiana Factory for EV Production
General Motors (GM) is looking to upgrade its Marion metal production facility to be able to produce its next generation of vehicles. GM plans to invest around $491 million to upgrade its Indiana stamping center for producing electric vehicles (EVs), said the automaker on Thursday. “While this investment prepares the facility for our all-electric future, […]
SpaceX in Talks with Frontier Airlines for Starlink In-Flight Internet
Frontier Airlines has been in talks with SpaceX about carrying Starlink internet on its flights, according to CEO Barry Biffle in statements to CNBC on Thursday. While Biffle said he’s more likely to make such a move than in previous years, the addition of Starlink Wi-Fi would be a departure for the airline as it […]
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 […]
Uber Expands EV Rides in Tesla, Polestar and More Across U.S.; Debuts in Canada
As electric vehicles (EVs) gain traction in consumer popularity, so too are they becoming a more common option in rentals and ridesharing throughout the U.S., even expanding to one city outside the country’s borders. Uber’s Comfort Electric EV ridesharing program is rolling out across the U.S. and making its debut in Canada, explained the company […]
Tesla Hit with Class-Action Lawsuit Over Autopilot and Full Self-Driving
Tesla’s Full Self-Driving (FSD) beta has come under fire in recent weeks and months, and a new lawsuit has now been lodged against the automaker. Legal firm Cotchett, Pitre & McCarthy LLP has filed a class-action lawsuit against Tesla, alleging the company misled the public on its claims about Autopilot and FSD, as detailed in […]
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 […]
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 […]