Tesla is preparing to launch a $783 million debt sale backed by car leases from prime borrowers, adding to a growing wave of automotive asset-backed securities (ABS) in the market. The transaction, led by Societe Generale, will be Tesla’s second ABS deal this year and is expected to price next week, according to a source […]
Rural schools in Alaska are turning to satellite internet as traditional providers become too expensive. The Lower Yukon School District, serving around 2,000 students, recently switched from GCI to Starlink satellite internet in response to budget constraints. The move was made to address inadequate speeds that affected online classes and testing. With Starlink, download speeds […]
Tesla has issued a “recall” with the NHTSA for its 2024 Cybertruck models to fix an issue with the rearview camera display. The problem, which affects around 27,185 vehicles, involves a delay in the camera image appearing on the screen when the vehicle is shifted into reverse. This delay, which can last up to 6-8 […]
Rivian has unveiled a new “Privacy Hub” to provide customers with a centralized location for information on the company’s data practices and privacy rights. The announcement, shared through an email to customers obtained by Tesla North, highlights recent updates and upcoming changes to Rivian’s Data Privacy Notice, which will take effect on November 1, 2024. […]
SpaceX says Starlink is providing free internet service for the first month to those affected by Hurricane Helene, according to the company’s website. The offer is available to new and existing customers located in impacted areas. Users can verify their eligibility by entering their address on the Starlink website and selecting the “Helene Relief” service […]
Tesla has removed the base Model 3 Rear-Wheel Drive (RWD) in the U.S., shifting its entry-level trim to the Model 3 Long Range RWD, which starts at $34,990 (including the $7,500 federal EV credit) and offers a range of 363 miles per charge. The decision comes just days after the Biden administration raised tariffs on […]
Tesla reported its Q3 production and delivery figures today, manufacturing approximately 470,000 vehicles and delivering around 463,000 vehicles in Q3 2024. This marks the highest delivery number in any Q3 by Tesla. The company also deployed 6.9 GWh of energy storage products during the quarter, which continues to grow at a remarkable pace, up 73% […]
Tesla has notified customers via email that LiveOne (formerly Slacker Radio) will no longer be included in its Premium Connectivity subscription starting December 1, 2024. Owners who want to continue using LiveOne’s curated stations in their vehicles and on other devices will need to subscribe directly through LiveOne. Tesla’s email received by Tesla North stated: […]
Former President Donald Trump said he has spoken to Elon Musk about deploying Starlink satellite services to restore communications in areas devastated by Hurricane Helene. During a visit to Valdosta, Georgia, on Monday, Trump highlighted the urgent need for connectivity in impacted communities. “We want to get Starlink hooked up, because they have no communication […]
NIO Inc. shares climbed 5% to $6.86 on Tuesday after the company announced a new investment agreement for its Chinese subsidiary, NIO Holding Co., Ltd. Trading volume of NIO has surged to 177 million shares on Monday alone. The strategic investment, valued at RMB 3.3 billion ($451 million), involves Hefei Jianheng New Energy Automobile Investment […]
The National Highway Traffic Safety Administration (NHTSA) has announced a consent order with Cruise, the automated driving company majority-owned by General Motors, over incomplete crash reports. The order addresses Cruise’s failure to disclose full details of a crash on October 2, 2023, when a driverless Cruise vehicle dragged a pedestrian approximately 20 feet before stopping. […]
Tesla has launched Full Self-Driving (FSD) for the Cybertruck, which falls into line with the company’s previous software update timeline that said FSD would arrive on the company’s truck in September. Tomorrow is the last day of September so time was quite tight but here we are. This is an early access release, so […]
Tesla’s recent 2024.32.3 software update has changed the functionality of the 12V power outlets in the Model Y, impacting owners who rely on these outlets for accessories like coolers (this one is our choice that fits perfectly in the Model Y sub-trunk). Previously, the 12V outlets in the trunk and center console remained active when […]
SpaceX’s Starlink now provides high-speed satellite internet connectivity to more than 4 million people worldwide, spanning over 100 countries, territories, and various markets. That’s some incredible growth. The announcement was made on Thursday by SpaceX. The service has grown rapidly, extending its reach across all seven continents, including remote areas and open ocean regions. Back […]
Tesla has announced the availability of two new wheel cover options for the Cybertruck. The “Cybertruck Core Wheel Cover” and the “Cybertruck Cyber Wheel Cover” are now listed on Tesla’s official online store, priced at $75 USD each. But not so fast… To purchase the covers, users must sign in to their Tesla account and […]