Lucid Stock Drops 18% as Q4 Revenue Falls Short of Expectations
Electric vehicle (EV) startup automaker Lucid Motors held its fourth-quarter earnings call on Wednesday, in which its reported revenue failed to meet its own expectations for 2022, as reported by CNBC. The automaker finished the year with roughly $4.4 billion in cash, and around $500 million available through lines of credit which it expects to […]
Watch: Tesla Engineering HQ Grand Opening Event with Elon Musk [VIDEO]
Earlier on Wednesday, Tesla CEO Elon Musk and California Governor Gavin Newsom jointly announced the automaker’s new global engineering headquarters, located in Palo Alto. Tonight, Musk kicked off a grand opening party at the new global engineering headquarters, the original site owned by computer company Hewlett Packard. “Welcome to the grand opening of Tesla engineering […]
SpaceX Changing Starlink Residential and RV Pricing for U.S.
SpaceX has made changes to pricing on its Residential service plans, with each change being dependent on local capacity for the service, as seen in an email sent to one Reddit user on Wednesday (via @Nathan Owens). Per the email, Starlink’s service will increase in price by $10 to $120 per month in areas with […]
Tesla Announces Engineering Headquarters in California [VIDEO]
Tesla and California have just announced that Elon Musk’s automaker has announced a new worldwide engineering headquarters in the state. “There’s a lot to be excited about,” said Governor Gavin Newsom, standing alongside Tesla CEO Elon Musk during the announcement. Tesla is taking over office space in Palo Alto previously occupied by Hewlett Packard. Tesla […]
Tesla Cybertruck Spotted with Lifted Air Suspension [VIDEO]
Ahead of the long-awaited Tesla Cybertruck, one new sighting of the vehicle’s prototype has surfaced showing off the vehicle’s impressive air suspension. A video walkaround of the Tesla Cybertruck was shared on the Cybertruck Owners Club website on Wednesday, showing the futuristic electric pickup at what appears to be maximum air suspension height. The Cybertruck […]
NASA Delays SpaceX Crew-6 Mission to February 27
NASA on Wednesday announced that it is delaying SpaceX’s Crew-6 Mission Launch to February 27, expected to take place at 1:45 a.m. Eastern Time. The Crew-6 mission will lift off from the Kennedy Space Center in Cape Canaveral, Florida, with live coverage beginning on Sunday at 10 p.m. Eastern Time. UPDATE: NASA's @SpaceX #Crew6 mission […]
Tesla Says it’s Focusing on Battery Cell Production in U.S., After IRA Act Incentives
Tesla has begun assembling batteries at its Gigafactory Berlin-Brandenburg, but the company says it now plans to focus battery cell production in the U.S. due to incentives from the recently passed Inflation Reduction Act (via Reuters). This makes Tesla one of the first companies to shift its battery cell strategies following the massive incentives offered […]
Tesla Semi Pulls into Harris Ranch, Surprising Tesla Owners Club Meetup [VIDEO]
Tesla Joy shared a video on Monday of a routine trip to document a Tesla meetup at the 80-stall Harris Ranch Inn Supercharger, when she stumbled upon a random appearance from the newly released Semi. The Tesla Semi was spotted with Frito-Lay branding, and was not an expected part of Tesla Joy’s video but rather […]
2023 Hyundai IONIQ 6 Pricing in U.S. Starts at $41,600
Hyundai released 2023 IONIQ 6 pricing for the U.S. today, with the electric vehicle starting from $41,600 USD for its SE Standard Range trim, set to launch this summer. The vehicle looks to rival the Tesla Model 3. There are 7 total trims for the 2023 IONIQ 6, with Hyundai saying dealerships will get most […]
Tesla Model S/X Builds Spotted with New Autopilot Cameras, No Rear Emblems, Steering Wheels [PICS]
We’re not sure how The Kilowatts do it but they always seem to be in the right place at the right time, and now they have come across the latest Model S and Model X builds from Tesla’s Fremont Factory, that contains new upgrades. The most interesting discovery by The Kilowatts was new Autopilot cameras […]
Tesla Model 3 Pricing Now $5,000 Cheaper than Average New Car in U.S.
With Tesla’s electric vehicle (EV) prices lower than ever following recent price reductions, some are asking if the company has finally reached price parity. Tesla’s price cuts have the Model 3 selling for $4,930 less than the average new vehicle in the U.S., according to new data in a report from Bloomberg. Tesla cut prices […]
Zero Emissions Plan in Sydney, Australia to Electrify Fleets, Double EV Chargers and More
The City of Sydney, Australia voted unanimously in favor of a plan to increase electric vehicle (EV) charging infrastructure and shift to zero-tailpipe-emission options in its municipal fleet on Sunday evening. The project includes plans to double the city’s EV chargers in council car parks, and perform pilot programs for low-impact on-street charging, as well […]
First Drives with Tesla FSD Beta 11.3: Highways, Autopark and More [VIDEOS]
Tesla Full Self-Driving (FSD) beta v11 began rolling out last November, complete with single-stack software for both highway and city driving. In a video from @WinnersEchelon shared on Monday evening, we see one driver testing FSD beta 11.3 starting on a highway and taking an exit to city streets, all without the software disengaging. There […]
NIO Plans to Build 1,000 Battery Swap Stations in China This Year
Chinese electric vehicle (EV) automaker NIO announced plans to build as many as 1,000 battery swap stations across China in 2023, according to statements from Founder William Li on Tuesday (via Reuters). NIO plans to build 600 of the battery swap stations in urban areas, especially in the country’s third- and fourth-tier regions, while the […]
Tesla Signs Graphite Deal with Australia’s Magnis Energy
Australian graphite developer Magnis Energy announced in a press release on Tuesday that it signed a binding contract with Tesla over the supply of battery anode materials for three years starting in February 2025, as reported by Reuters. The news comes as many electric vehicle (EV) manufacturers are eagerly searching for suppliers of key minerals […]