Tesla, led by CEO Elon Musk, is set to conduct a shareholder vote on the potential relocation of its state of incorporation to Texas. This decision comes after Musk initiated a public poll on social media platform X, which garnered significant attention with over 1.1 million votes. The poll, launched on January 30, posed the […]
Tesla is set to increase its battery production capabilities in Nevada by opening a new facility, utilizing equipment from China’s Contemporary Amperex Technology Co. Ltd. (CATL), as per sources familiar with the situation, reports Bloomberg. The electric vehicle manufacturer plans to acquire machinery from CATL and install it in Sparks, Nevada. These individuals, who requested […]
SpaceX has broadened its retail strategy by partnering with Best Buy to sell its latest Starlink dish, offering consumers an alternative purchasing option for the satellite internet hardware. The next-generation ‘Standard’ Starlink dish, Version 4 (V4), is available for $599.99 USD. This matches the cost on the official Starlink store and offers expedited delivery, with […]
A Delaware judge has invalidated the massive $56 billion pay package of Tesla CEO Elon Musk. The ruling, issued on Tuesday, stemmed from a lawsuit filed by Tesla shareholder Richard Tornetta, challenging the fairness and negotiation process of Musk’s compensation. The court’s decision, announced by Chancery Court Chancellor Kathaleen McCormick, triggered a 3% decline in […]
Tesla emerged as the leading brand in the federal Incentives for Zero-Emission Vehicles (iZEV) program in Canada for the year 2023. The electric vehicle maker recorded an impressive 43,654 deliveries eligible for the rebate program, as per data from Transport Canada. This figure nearly equals the combined total of its three closest competitors. The iZEV […]
Volvo has announced a delay in the delivery of its EX30 full-electric small SUV, citing software troubles. This setback marks the second software-related issue for Volvo EVs following the EX90. According to a customer correspondence obtained by Automotive News Europe, Volvo acknowledged the delay, stating, “We confirm that Volvo is working tirelessly to resolve the […]
Tesla is set to expand its Model 3 lineup in China with the upcoming launch of the highly anticipated Performance version. The new Tesla Model 3 Performance is expected to hit the Chinese market in the second quarter, with a projected price around RMB 400,000 yuan ($55,730), as reported by local automotive media outlet Dongchedi […]
Image credit: TOSCV on X The Tesla Owners of Santa Clarita Valley achieved a new record for the largest gathering of Cybertrucks outside of Tesla’s own events. On Saturday, they managed to assemble nine of these futuristic trucks, marking a significant milestone for the Tesla community. We did it! We officially broke the record for […]
Tesla’s Cybertruck has started a tour in China, showing up a bunch of cities. While the Cybertruck is only delivering right now for customers in the U.S., this tour is drawing a lot of interest into Tesla’s other vehicles as well. Tesla shared some photos of Cybertruck in Chongqing, Xi’an, Shanghai, Shenzhen, Beijing, Chengdu and […]
Tesla is currently the weakest stock on the Nasdaq 100 this year, facing slowing growth and shrinking profits. However, David Baron, a fund manager, is betting on a significant turnaround for Elon Musk’s company. Baron, managing the Baron Focused Growth Fund, is placing his confidence in Musk to navigate Tesla through these challenges. “While he […]
Honda has announced the upcoming launch of its all-new 2024 Prologue, the brand’s first all-electric SUV, set to arrive in dealerships in March. The Prologue stands out with a best-in-class standard EPA range rating of 296 miles on a full charge, blending Honda’s renowned fun-to-drive dynamics with advanced technology and spacious interiors. The 2024 Honda […]
Porsche has officially launched its second all-electric model, the new Macan, featuring advanced powertrains and high performance. The electric SUV offers up to 639 PS and boasts a range of up to 613 km (WLTP). This launch marks a decade since the introduction of the original Macan, with the new generation showcasing a shift to […]
During Tesla’s Q4 2023 earnings call, CEO Elon Musk outlined the company’s ambitious plans for its next-generation electric vehicle (EV). Musk revealed that the production of this cutting-edge vehicle is slated to begin towards the end of 2025, marking a pivotal moment in Tesla’s growth trajectory. Responding to a question about the timeline for the […]
Several SpaceX Starlink authorized commercial resellers have recently unveiled an appealing offer for shipping companies: a two-month free trial of the Starlink Maritime service, including 5 TB of Mobile Priority service per month. This offer presents a substantial value to maritime operators, as the Starlink Maritime Flat High Performance user terminal is priced at $2,500, […]
Apple, in a crucial phase of its decade-long car project, has reportedly adjusted its electric vehicle (EV) design to be less ambitious, aligning more closely with the current capabilities of Tesla. This strategic pivot, according to sources familiar with the matter, marks a significant shift from Apple’s initial vision of a fully autonomous vehicle, reports […]
