In the lawsuit against Tesla CEO Elon Musk’s 2018 compensation package, attorneys have petitioned a Delaware judge for a fee of nearly $6 billion in Tesla stock. This request follows their successful argument that Musk’s $56 billion pay package was unlawful. The attorneys, representing plaintiff Richard Tornetta, are seeking over 11% of the Tesla shares […]
Tesla has shared a new drone fly-through of its Giga Berlin factory, showing how the Model Y is made and it’s a stunning overview of how advanced the company’s factory is. The video called “Giga Berlin Fly Through 2.0” was shared on Friday and details the machines that build the machine. A drone flys through […]
Tesla has announced a series of limited-time incentives on Weibo for customers purchasing Model 3 and Model Y vehicles before the end of March from existing inventory, with potential savings of up to ¥34,600 ($4,807 USD). The promotions include an insurance subsidy for the rear-wheel-drive versions of Model 3 and Model Y, offering benefits worth […]
Earlier this month, Tesla introduced a temporary special discount on the Model Y in the U.S., available until the end of February. With today’s Leap Day being the last day of February, that also means the final day to save $1,000 off your Model Y. Tesla’s website explicitly states, “New Model Y RWD and Long […]
Tesla has unveiled a new website dedicated to the North American Charging Standard (NACS), marking a significant step in its mission to expand electric vehicle (EV) charging infrastructure. The site provides comprehensive information on NACS, showcasing its adoption by Tesla and its availability to other automakers. As of today, Ford EVs are compatible with the […]
In a series of tweets posted late on February 27, Tesla CEO Elon Musk unveiled ambitious plans for the company’s upcoming Roadster, suggesting a collaboration with SpaceX to create a vehicle unlike any before. Musk stated, “Tonight, we radically increased the design goals for the new Tesla Roadster. There will never be another car like […]
Apple has officially abandoned its decade-long initiative to develop an electric car, a project that stood as one of its most ambitious undertakings, sources close to the matter revealed to Bloomberg’s Mark Gurman. The announcement, made internally on Tuesday, took by surprise the nearly 2,000 employees dedicated to the project. The disclosure was communicated by […]
The Federal Aviation Administration (FAA) announced on Monday the conclusion of its joint investigation with SpaceX into the company’s second Starship flight, which ended in the intentional destruction of the rocket. The investigation, led by SpaceX under FAA supervision, followed the November 18 prototype launch that experienced a critical issue after reaching space. SpaceX has […]
Tesla hacker known as ‘green’ (@greentheonly on X) disclosed that Tesla’s Cybertruck lacks support for the Steam gaming service, despite initial expectations. Through a detailed examination of the Cybertruck’s system, ‘green’ shared that the vehicle boasts a large display with a resolution of 2650×1440, surpassing the 2200×1300 resolution found in Tesla’s Model S and Model […]
In Valencia, Spain, on February 25, 2024, a new variant of the Tesla Model 3, notably the highly-anticipated Performance version, was seen with “Ludicrous” badging. The Model 3 was captured on video during a marketing shoot, as reported by Desmond Wisley on X. The video, shared under Wisley’s handle @dessiewisley, suggests that Tesla is gearing […]
Tesla updated its website this week to now call the new Model 3 “reengineered”. The latest electric sedan from Tesla is still listed as available from $329 per month on a lease. The automaker’s description of the new Model 3 has previously used the term “upgraded”, but we are now seeing “reengineered” on the Model […]
Edmunds, a prominent automotive review site, has updated its review of the Tesla Cybertruck after receiving feedback from users on X, pointing out inaccuracies in the original story. Initially, Edmunds reported that the Cybertruck failed to meet Tesla’s own 340-mile range estimate, stating, “No Tesla has ever met its EPA-estimated range in our real-world testing, […]
Tesla is set to significantly reduce the power consumption of its Sentry Mode feature, aiming for a 40% decrease in an upcoming Q2 software update. This announcement came from Drew Baglino, Tesla’s Senior Vice President of Powertrain and Energy, in response to a user query on X. The question, posed by Joseph Bella on February […]
Lucid Group, which set ambitious targets at its public debut, reported vehicle deliveries and revenues significantly below its initial forecasts for 2023. The company had informed investors of a goal to sell 49,000 cars in the year; however, it only sold 6,001 vehicles, marking a substantial 90% shortfall from the anticipated figure. Similarly, Lucid had […]
Rivian disclosed a reduction of its workforce by 10% and projected an annual electric vehicle (EV) production number that fell significantly short of expectations. The lowered forecast is attributed to necessary factory upgrades and a deceleration in EV demand influenced by rising interest rates. Post-market trading saw Rivian shares decline by approximately 17% following the […]
