Tesla Stock Gains for 10th Day in a Row, Year-to-Date Losses Gone

Tesla’s stock surged about 4% in mid-afternoon trading on Tuesday, marking its 10th consecutive day of gains. The rally has erased all year-to-date losses, with shares now up approximately 5% since the start of 2024 and 75% higher since reaching 52-week lows in April. Analysts say the stock’s rise is due to stronger-than-expected second-quarter vehicle […]

Xpeng to Copy Tesla Pure Vision in Next EV, Ditch LiDAR: Report

Chinese EV maker Xpeng will introduce a new model, internally codenamed F57, in Q4, eliminating the use of LiDAR technology, according to unnamed sources speaking to CnEVPost. The new model will adopt a pure camera-based smart driving system, similar to Tesla’s approach with its Autopilot and Full Self-Driving (FSD) system, as disclosed by a source […]

Tesla Hits Milestone: 2000th Supercharger Stall in Norway

Tesla has celebrated the installation of its 2000th Supercharger stall in Norway, located at the picturesque Vøringsfossen, Norway’s most famous waterfall. This achievement underscores Tesla’s ongoing commitment to expanding its infrastructure in a country where it continues to dominate the electric vehicle market. The Tesla Charging account on X shared a couple of photos of […]

Possible Tesla Model Y Refresh Spotted in California

A possible refresh of Tesla’s Model Y has been spotted in California, according to a Reddit post by user u/JacklJack. This is the first time we’ve seen what appears to be a new Model Y refresh testing in camouflage in the wild. The user shared, “Running around Rose Bowl today and saw a masked Model […]

Tesla Leads EV Rebates in Canada Again, Tops 20k Cars for First Time

Electric vehicle rebate claims in Canada surpassed 20,000 in May for the first time in 2024, according to Transport Canada. Tesla continued to dominate the Incentive for Zero-Emission Vehicles (iZEV) program, maintaining its lead for the fourth consecutive month despite strong competition from Hyundai and Kia, according to Automotive News. In May 2024, Tesla recorded […]

Tesla Added to Chinese Govt. Purchase List for the First Time

Tesla vehicles have been included on a Chinese government purchase list for the first time, as reported by the state-owned media outlet Paper.cn, reports CNN. The government of Jiangsu province in eastern China has listed Tesla as the only foreign-owned electric vehicle (EV) brand in its procurement catalog. Other brands on the list include Volvo, […]

2024.15.15 Release Notes: Tesla FSD 12.4.3 Rolling Out

Tesla has started rolling out its 2024.15.15 software update, which brings Full Self-Driving (FSD) Supervised version 12.4.3 to testers beyond employees. You can check out the 2024.15.15 release notes below: FSD (Supervised) v12.4.3 FSD (Supervised) v12 upgrades the city-streets driving stack to a single end-to-end neural network trained on millions of video clips, replacing over […]

Tesla Brings Quicksilver Paint to the Model 3

Tesla has introduced the Quicksilver paint option for the Model 3 in Europe, the Middle East, and Asia-Pacific (excluding Hong Kong and New Zealand), and Australia, priced at approximately $2,000 USD. This multi-coat paint, developed in Tesla’s advanced paint shops, accentuates the updated Model 3’s sleek lines and changes subtly with the car’s curves. This […]
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Tesla Cybertruck Milestone: Top-Selling U.S. Electric Pickup in Q2

The Tesla Cybertruck has emerged as the best-selling electric pickup truck in the U.S. for Q2, achieving a major milestone. The Cybertruck outsold the Ford F-150 Lightning and Rivian R1T. The achievement was first posted by @Greggertruck, then reposted by @SawyerMerritt. Next, the official Cybertruck account on X reposted Merritt’s sharing of the original post, […]

Tesla Offers $1,000 Discount for U.S. Military Members

Ahead of the Independence Day, Tesla has announced a new Military Purchase Program. The programme says, “made in America for those who served.” Tesla is providing a $1,000 discount on Model 3, Model Y, Model S, and Model X vehicles for U.S. military veterans, retirees, active duty members, and their spouses. The offer includes unlimited […]

Fisker Seeks Approval to Dump Remaining EVs for $14,000 Each

Fisker has requested a bankruptcy judge to approve the sale of more than 3,000 Ocean electric crossovers from its inventory to a vehicle-leasing company at approximately $14,000 US per car. Following the judge’s approval, Fisker plans to sell 3,321 electric vehicles to American Lease, a New York-based firm, for $46.25 million, according to a court […]

2024.26 Release Notes Tesla: YouTube Music, Amazon Music and More

Tesla has started rolling out its 2024.26 software update and it’s full of new features, including the debut of YouTube Music and Amazon Music apps for the first time. Also new are parental controls, allowing speed limits and a night curfew, while you can also navigate to sub-destinations and also see better weather forecast and […]

Tesla Extends Free Full Self-Driving Transfers Through Q3

Tesla has announced an extension for its Full Self-Driving (FSD) transfer program. Initially set to end on August 31, 2024, the program will now cover all orders delivered before September 30, 2024, according to a statement from Tesla North America on July 2. “Extending to all orders delivered before 9/30,” Tesla stated, offering an additional […]

Rivian Q2 Deliveries Surpass Wall Street Expectations

Rivian’s stock increased on Tuesday after the electric vehicle manufacturer reported quarterly delivery figures that significantly surpassed forecasts. The California-based company announced it delivered 13,790 vehicles in the second quarter, representing a 9.1% increase from the same period last year. This total exceeded the FactSet consensus estimate of 12,000 EVs by a margin of 14.9%, […]

Tesla Surpasses Q2 Delivery Expectations, Stock Rises 9%

In the second quarter of 2024, Tesla produced approximately 411,000 vehicles and delivered around 444,000 vehicles, surpassing analyst expectations. Analysts had predicted Tesla would deliver 439,000 vehicles in the three months ending June 30, according to estimates compiled by FactSet StreetAccount. The total number of deliveries in the second quarter represents a 4.8% decrease from […]