As Ford prepares to launch the electric F-150 Lightning this week, one executive at the automaker is noting how significant the shift to an electric version will be. Ford Executive Chair Bill Ford, 64, called the F-150 Lightning launch the most important vehicle launch of his career, noting that it’s seeing his 43-year journey with […]
Following an update that Tesla’s Elon Musk was meeting with Twitter on Sunday to discuss a potential buyout, it appears the social media company may be ready to accept an offer in the coming days. Twitter is planning a transaction with Elon Musk that could take place as soon as Monday if negotiations go well, […]
SpaceX plans to start providing its Starlink internet on Hawaiian Airlines flights as soon as next year, according to a statement from the airline reported by CNBC. The Starlink service would be complimentary, and some think it could push other airlines to start offering free Wi-Fi on flights — a service already offered by JetBlue […]
As electric vehicles (EVs) become the forefront of humanity’s fight against climate change, even ambitious targets from countries like Canada are proving hard to reach — despite popularity for the zero-emission vehicles continuing to increase. Canada still won’t meet EV sales targets by the end of this year, despite boasting a 60 percent increase in […]
Tesla has Superchargers across the 11 major cities in the Shanxi province in China, according to an announcement from the company and reported by CNEVPost. In sum, Tesla has 14 different Supercharger stations across the region, making up a total of 79 charging stalls. Shanxi’s 11 major cities include Changzhi, Datong, Jincheng, Jinzhong, Linfen, Luliang, […]
As electric vehicles (EVs) continue to grow in popularity, one data firm is noting how people respond to Tesla on social media, especially with the automaker’s continued success. Tesla is among a number of automakers garnering the most attention on social media, according to a report from Global Data. Global Data Social Media Analyst Smitarani […]
Tesla’s 2022.12.3.1 software update started rolling out this week, and one driver noted a change made to the rear screen’s seat heater display in a Model S refresh. A new visual for the Tesla Model S rear screen seat warmers has been included with Tesla’s 2022.12.3 and 2022.12.3.1 software updates, as detailed by @Chad Booker […]
As Tesla continues to climb its way upward year after year, one analyst is noting how the auto manufacturer’s stock is a great pick for this year. In a new new segment of CNBC’s Mad Money shared on Thursday, Cramer called Tesla his top pick for the category of the most investable manufacturers. In the […]
The U.S. Department of Defense is taking notes on SpaceX putting a halt to Russia’s electromagnetic warfare in Ukraine. Pentagon officials said the U.S. government can learn a lot from private companies like SpaceX when it comes to responses against electromagnetic warfare, as detailed during the C4ISRNet Conference on Wednesday. Director of the Air Force’s […]
As Tesla’s new Texas facility shifts to ramping up production, the automaker is looking for manufacturing staff and will apparently try to draw from a local school district’s high school graduates. Tesla is offering full-time job opportunities at Gigafactory Texas to high school graduates in the Manor Independent School District, according to CBS Austin (via […]
Ford’s luxury automobile brand Lincoln is now jumping into the electric vehicle (EV) race with a new teaser showing off upcoming car concepts. Lincoln shared a teaser video of the upcoming Star concept vehicle on Wednesday, as well as detailing some of its EV plans. In particular, Lincoln says it plans to release three fully-electric […]
Elon Musk has received extra funding to help secure the purchase of social media company Twitter, as detailed in a filing with U.S. regulators. Musk has secured $46.5 billion in debt and equity financing to purchase Twitter, according to Reuters. The funding includes $33.5 billion from Musk himself, along with another $21 billion of equity […]
Porsche is set to become the exclusive vehicle supplier of the Air Canada Chauffeur Service at the Toronto-Pearson airport with electric and hybrid plugin vehicles, said the companies on Thursday. Porsche EV options for the service include the electric Porsche Taycan and hybrid Panamera and Cayenne vehicles. When Signature Class customers arrive in Canada, they’ll […]
The Boring Company raised $675 million from “A-List investors” in recent weeks, according to a press release on the company’s website. The funding round was led by Vy Capital and Sequoia Capital, while Valor Equity Partners, Founders Fund, 8VC, Craft Ventures and DFJ Growth also participated in raising funds. In addition, real estate partners of […]
Tesla CEO Elon Musk has just landed another hefty piece of compensation, following the automaker’s success in the first quarter. Musk has earned another $23 billion in performance awards from Tesla, after the automaker posted Q1 revenue outpacing Wall Street estimates, according to Reuters. Tesla’s quarterly revenue amounted to $18.76 billion, with adjusted earnings of […]