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 […]

In celebration of the Chinese New Year, Tesla has unveiled a series of enticing promotional offers for its customers in China, valid through February and March 2024. The electric vehicle giant is offering an 8,000 yuan cash discount on its Model Y, while supplies last, alongside a reduced price for all premium car paint upgrades […]

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 […]

Polestar has officially announced the launch of the Polestar 4 in Europe and Australia. With production kicking off and the first deliveries in China concluding at the end of 2023, the online sales for the Polestar 4 have started, featuring an indicative starting price of EUR 63,200 in Europe and AUD 81,500 in Australia. The […]

Fernando Javier Corral Astorga, Plant Manager at Tesla, recently took to LinkedIn to commend the Tesla Megafactory Team for their pivotal role in advancing the global shift towards sustainable energy. He also shared a rare photo of the entire Megafactory team, surrounded by Tesla vehicles including Cybertruck and Semi and Megapacks in the background. The […]

Ford’s CEO, Jim Farley, announced today on X that owners of the Mustang Mach-E and F-150 Lightning in the United States and Canada will soon be able to reserve a complimentary Fast Charging Adapter. This move comes as part of Ford’s initiative to grant its electric vehicle (EV) customers access to Tesla Superchargers, enhancing the […]

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 […]

Elon Musk announced this afternoon that Neuralink, his neurotechnology company, has successfully implanted its first brain-computer interface (BCI) device in a human patient. The individual who received the implant is “recovering well,” said Musk, adding initial results are indicating effective neuron spike detection. This significant milestone follows Neuralink’s statement in September 2023 about receiving approval […]

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 […]