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 […]

Tesla Adds Interior Cabin ‘Camera Preview’ to Service Menu

Tesla has added a “camera preview” feature to the vehicle’s service menu, as spotted this week by @Stian Walgermo. The feature came as an update to Tesla’s software in version 2023.2.0.5, most of the new features of which were simply minor fixes. The feature shows a simple view from the camera, without having to use […]

Tesla Pushes Model 3 Leasing: ‘Starting at $399/month’

Recent weeks have brought on conversations about Tesla’s price cuts in markets around the world, and now the automaker is pushing a new message on its website for Model 3 leasing. Tesla’s Model 3 is now leasing at prices as low as $399 per month, according to a change on the automaker’s website yesterday, notes […]