Tesla has announced a safety recall for select 2023 Model Y and Model 3 vehicles, following the discovery of a potential defect in the pyrotechnic battery disconnect. The recall, numbered 23V-434 and submitted in accordance with 49 CFR §573, was announced on June 19, 2023, reports Autoevolution. The pyrotechnic battery disconnect is designed to isolate […]
In an unexpected turn of events, Tesla has waived a $6,845 CAD ($5,200 USD) bill for collision damage that occurred during a test drive by a couple from Orillia, Ontario in Canada. Rick Garel and Bisa Mitrovski, who now own a new Tesla Model 3, were involved in a hit-and-run incident during one of their […]
Seaspan has announced its partnership with SpaceX’s Starlink, marking a pivotal moment in the maritime industry. This partnership underscores the growing importance of online communication on ships, which is vital for the safety, efficiency, and well-being of the vessels and their crews. Onboard communication is instrumental in enhancing situational awareness, enabling timely decision-making, and significantly […]
Veteran investor Ron Baron predicts a promising future for Tesla, with its shares soaring to $500 by 2025 and a striking $1,500 by 2030, marking an 89% increase from present levels and an astounding 467% increase from Thursday’s close, respectively. Baron, Chairman and CEO of Baron Capital, cited Tesla’s significant potential for growth in the […]
It’s no secret Tesla is working on a refresh for its Model 3, codenamed ‘Highland’, expected to bring a host of upgrades and improvements. As for what’s exactly coming? @Teslascope, a third-party companion software for Tesla vehicles, claims that the refresh will be the most extensive for any existing model in Tesla’s history. Here are […]
Hyundai Motor Company, in its 2023 CEO Investor Day earlier this week, shed light on its plans to expedite its transition into electrification and to become a leading provider of smart mobility solutions. The plans are based on its innovative new strategy, dubbed the ‘Hyundai Motor Way’. The ‘Hyundai Motor Way’ will be powered by […]
Tesla is set to buy a major share in Freiburg-based start-up Wiferion, known for its innovative wireless charging systems for industrial applications. The High-Tech Gründerfonds, a federal initiative to boost start-ups, is among the largest shareholders with a 13.55 percent stake, and is ready to finalize the sale, reports Gründerszene (via Teslamag.de). The proposed sale […]
Tesla announced it is building foundation models for autonomous robots, made today via its new Twitter account ‘Tesla AI’ (@Tesla_AI). The company’s multi-modal neural networks, which are already in customer vehicles, take in various modalities such as camera videos, maps, navigation, IMU (Inertial Measurement Unit), and GPS, etc. Tasks such as Occupancy prediction, which predict […]
Tesla recently told Canadian customers their new Model Y vehicles would soon be coming from Giga Shanghai in China, instead of its Fremont factory in California. The change is likely due to Tesla reallocating Fremont supply to the U.S., so these vehicles can benefit from the current $7,500 federal tax credit. Canadian Nic Cruz Patane […]
In a recent sit-down with CNBC’s Jim Cramer, Ford CEO Jim Farley shared insights into the company’s future, its electric vehicle (EV) strategy, and its partnership with Tesla. The interview took place at Ford’s headquarters in Dearborn, Michigan. Farley revealed that Ford’s decision to partner with Tesla was driven by the reliability and extensive reach […]
NIO announced on June 20, 2023, that it has secured a significant equity investment from CYVN Holdings L.L.C., an investment firm majorly owned by the Abu Dhabi Government and focused on advanced and smart mobility. Under the terms of the share subscription agreement, CYVN Holdings will invest a total of $738.5 million in cash, subscribing […]
In a recent ranking by Cars.com, Tesla has once again proven its dominance in the American auto industry. For the third consecutive year, Tesla has topped the American-Made Index, which ranks vehicles built and bought in the U.S. The 2023 ranking is even more impressive as Tesla’s entire lineup has swept the top four spots, […]
SpaceX has taken a significant leap forward in its mission to provide global internet coverage, as the company begins utilizing its second-generation Starlink constellation to transmit internet data. In a statement to the Federal Communications Commission (FCC) on Tuesday, the company revealed, “SpaceX has initiated communications between spacecraft in its Gen2 non-geostationary orbit satellite system […]
Electric vehicle charging supplier, BTC Power, has announced plans to integrate Tesla’s electric vehicle charging standard into its charging stations by next year. This news comes in the wake of similar commitments by automotive giants, Ford and General Motors, and EV startup Rivian. BTC Power, which provides charging services to clients such as 7-Eleven and […]
Tesla CEO Elon Musk announced on Tuesday that the electric carmaker is planning to invest in India as soon as possible. Musk’s statement came after a meeting with Indian Prime Minister Narendra Modi in New York during the latter’s state visit to the U.S., reports Reuters. Musk expressed his confidence in Tesla’s future in India […]
