Tesla Launches Official Megapack Twitter Account

Tesla has made a Twitter account for its Megapack commercial battery packs, showing as @Tesla_Megapack, and in the bio it says “large-scale energy storage,” as first spotted by @SawyerMerritt (via @Tslachan). At the time of writing, the account has yet to make any posts, has about 1,390 followers and only follows three other accounts: SpaceX, […]

Tesla Prices in Shanghai Benefit from Extended NEV Subsidies

A subsidy for replacing gas vehicles and other large appliances will continue to be available to those in Shanghai, offering as much as RMB 10,000 ($1,475 USD) for the trade-in of an old registered vehicle (via @TslaChan). The subsidy renewal comes as part of the “Shanghai Action Plan to Boost Confidence, Expand Demand, Stabilize Growth […]

Ford Cuts Prices on the Mustang Mach-E, Following Tesla

Ford will cut costs and boost production of the electric Mustang Mach-E, just a few weeks after Tesla’s price cuts shook the electric vehicle (EV) sector (via CNBC). The Mustang Mach-E, considered a competitor to Tesla’s Model Y, saw prices slashed by an average of $4,500 across trims, now ranging from $600 to $5,900 off. […]

Volkswagen Won’t Cut Prices Like Tesla, Says Exec

Tesla has left Volkswagen in a tough spot on the veteran automaker’s home turf after recently dropping the prices of its Model 3 and Model Y electric vehicles (EVs) by up to 16.8% in Germany. The discounts, which Tesla said were a result of “normalizing” inflation, have led to increased demand for and interest in […]

SpaceX Starlink Helps Nigeria Achieve 100% Broadband Coverage

The launch of SpaceX’s Starlink service in Nigeria has helped achieve full broadband coverage across the country — reports Nairametrics (via @DimaZeniuk). The Minister of Communications and Digital Economy, Isa Pantami, said that Nigeria has achieved 100% broadband coverage following the licensing and operation of SpaceX’s Starlink. 🇳🇬🛰️ Source: @Nairametrics@elonmusk @SpaceXStarlink pic.twitter.com/Oy5KBsxSVI — Dima Zeniuk […]

Lucid Motors Stock Price Climbs 43% Amid Saudi Takeover Rumors

Lucid Motors saw its stock price jump by as much as 98% on Friday, closing at $12.87 per share (up 43%), as rumors of Saudi Arabia’s Public Investment Fund (PIF) considering a full takeover of the luxury electric automaker made the rounds — reports the Silicon Valley Business Journal. The news represents a breath of […]

SEC Expanding Tesla and Autopilot Probe to Include Elon Musk: Report

The U.S. Securities and Exchange Commission (SEC) has launched a probe into Elon Musk for his role in directing the branding around Tesla’s self-driving car ambitions — reports Bloomberg. According to the publication, the efforts are part of the regulator’s ongoing investigation into Tesla’s claims surrounding its Autopilot and Full Self-Driving (FSD) features. SEC officials […]

Tesla Model Y Surges to 4th Best-Selling Car in the World for 2022

Tesla’s all-electric Model Y crossover ranked fourth in global car sales for 2022 by volume, according to a report from Focus2Move (via @1stPrincipleInv). Global Best Selling Cars in 20221. Toyota Corolla: 1.12m (-2%)2. Toyota RAV4: 870k (-14%)3. Ford F-Series: 787k (-9%)4. Tesla Model Y: 759k (+88%)5. Toyota Camry: 675k (-3%)6. Honda CR-V: 601k (-18%)7. Tesla […]

SpaceX Launches Starlink Internet in Peru

SpaceX announced on Friday it has launched its Starlink satellite internet service in Peru. “Starlink ahora está disponible en Perú!”, said SpaceX, which translates to “Starlink is now available in Peru.” Starlink ahora está disponible en Perú! → https://t.co/slZbTmZmAt — SpaceX (@SpaceX) January 27, 2023 SpaceX updated its availability map today, showing Peru now as […]