Following a recent share sale by existing investors, Elon Musk’s SpaceX has seen its valuation increase to nearly $150 billion, reports sources speaking to CNBC. SpaceX is said to have reached an agreement with new and existing investors to sell up to $750 million in shares at $81 each, according to a purchase offer seen […]
The latest Tesla app iOS update has provided a hint at what might be coming, according to a deep dive of the app code by @Tesla_App_iOS. Notably, mention of Apple’s AirPlay protocol is seen, and the ability to playback Sentry clips within the app. If true, the AirPlay support feature could allow Tesla owners to […]
William Li, CEO and founder of NIO, seen as a rival to Tesla in China, has urged the U.S. government to grant Chinese electric vehicles (EVs) equal access to the American market. He voiced concerns over the increasing political tensions between the two superpowers affecting business transactions. In an interview with the Financial Times, Li […]
Tesla has opened discussions with the Indian government. The conversation revolves around a proposal to establish a car factory in India with an annual capacity of producing up to 500,000 electric vehicles, reports Times of India. These vehicles would have a reported starting price of Rs 20 lakh ($24,380 USD), making them an accessible option […]
Tesla announced on Wednesday it has reached a new milestone at its Giga Shanghai factory in China. The efficient and productive Giga Shanghai has made its 1 millionth Model Y electric compact SUV. An image shared by @ChrisZheng001 shows Tesla employees surrounding a Model Y, while a battery celebrates the 1 million milestone. Employees are […]
Lucid Group announced on Wednesday that it had delivered a total of 1,404 units of its flagship model, the Air luxury sedan, during the second quarter of 2023. This figure falls short of Wall Street analysts’ estimate of about 2,000 deliveries, according to data gathered by FactSet, leading to an over 11% drop in the […]
Tesla hacker, ‘green’ (@greentheonly), has released the first teardown images of Tesla’s Model Y Hardware 4 (HW4). Until now, the inner workings of this latest hardware iteration have remained largely unseen from the Model Y, whereas similar hardware for Model S/X have already been shared (also by ‘green’). ‘Green’ confirmed earlier this week HW4 boasts […]
Tesla has announced the winners of its Spring 2023 Supercharger location expansion, a decision made through a democratic process involving votes from Tesla owners. The company took to social media to thank everyone who participated in the voting process and revealed the chosen locations in a series of tweets. In North America, the winning locations […]
Tesla has hinted at a potential cut to the federal tax credit for its buyers after December 31, 2023. A late Tuesday update on the company’s website included a banner indicating “Reductions to current federal tax credit likely after Dec 31.” The current policy allows customers, who take delivery of a qualified new Tesla vehicle […]
The citizens of Grünheide in Germany are set to play a pivotal role in the planned expansion of the local Tesla factory. Starting next week, from July 19th to August 18th, they will have the opportunity to voice their concerns and contribute to the approval process for the project. Brandenburg’s Environment Ministry announced that the […]
A new Tesla location is ready to open its doors in Langford, British Columbia, Canada. The big event will happen on July 27, 2023, starting at 2 PM. Tesla sent an email to customers inviting them to RSVP to the grand opening, according to an email received by Tesla North. The store, found at 2361 […]
The state of Texas has once again postponed a pivotal vote on the allocation of federal funds for the construction of electric vehicle (EV) charging stations. The decision, now pushed back to August 16, has drawn criticism from various EV charging companies opposing the state’s plan to incorporate Tesla’s technology into the charging infrastructure. Three […]
Tesla has consented to a settlement of just over $6 million in a class-action lawsuit initiated by customers who encountered unexpected price hikes in 2021 for Solar Roof installations they had previously agreed to. This settlement was filed with a U.S. District Court in San Francisco on July 10. Originally dubbed “solarglass,” Tesla’s Solar Roof […]
In a move that could disrupt the UK’s energy market, Tesla is planning to sell electricity directly to households. This move puts the company in direct competition with the UK’s major energy providers. Tesla has revealed plans to register as an electricity provider with the industry regulator and launch a retail electricity product in the […]
Tesla China reported sales of 93,680 electric vehicles (EVs) in June, with 19,468 units destined for export, as per recent data published by the China Passenger Car Association (CPCA). This data released on Monday showed Tesla delivered 74,212 vehicles in China for the month of June, marking a 4.78% decline from the same month last […]
