Electrify America to Raise Charging Prices in March

Electrify America has announced price hikes for its electric vehicle (EV) charging network that will take effect starting in March (via @klwtts). Here’s a summary of the price changes: Electrify America Pass+ Members: $0.36/kWh (+$0.05/kWh) Non-Members: 0.48/kWh (+$0.05/kWh) Per-minute billing: $0.15/min (+$0.03/min) up to 90 kW, $0.29/min (+$0.05/min) up to 350 kW Electrify America won’t […]

Elon Musk Thanks Jury for Unanimous Win in Investor Lawsuit Over Tweets

A nine-person jury in Northern California on Friday found Elon Musk not guilty of fraud in a trial over his 2018 tweets about having “funding secured” to take Tesla private (via NBC News). The Tesla CEO was being sued for allegedly costing shareholders millions of dollars due to the share price fluctuations that came after his […]

Tesla’s Lathrop Megafactory Can Make 1 Megapack Every 68 Minutes [VIDEO]

Tesla shared a new video today showcasing its new Megafactory in Lathrop, California. This Megafactory is where Tesla produces its latest Megapack 2 XL commercial battery storage. “Megafactory helps us scale Megapack production and add clean energy storage to the grid quickly. All while reducing reliance on fossil fuels,” explains Tesla. Tesla says, “Megapack 2 […]

Tesla Drops Prices in South Korea Again, as New Subsidies Debut

Tesla has dropped the prices of its Model 3 and Model Y in South Korea for the second consecutive month, with these vehicles now qualifying for the country’s subsidies for electric vehicles. The nation’s subsidies are 2.6 million won (about $2,120 USD), while local government subsidies have yet to be announced. Thusly, the following price […]

Ford Says Electric Vehicle Profits Won’t Come Until 2025

Ford reported a full year of net losses in 2022 with a particularly rough fourth quarter, citing “execution issues,” according to CNBC. Last year, Ford lost $2 billion, representing an almost-$20 billion drop from its 2021 profit. The company fell short of full-year financial forecasts by $1.1 billion, with a Q4 net income of $1.3 […]

Tesla Opening Palo Alto Office to Recruit Local Talent: Report

Tesla appears to be opening a new 97,440-square-foot office in Palo Alto, California that could be related to initiatives to beef up its software and AI engineer recruiting, according to a report from Nikkei. The publication recently spotted a small Tesla sign at 3000 Hanover St. and is located in the Standford University Research Park. […]
1 million cars Giga Shanghai

Tesla Sales of China-Made Cars Increased 18% in January

Tesla’s sales of electric vehicles (EVs) from its Gigafactory Shanghai increased by a fair margin last month, just as the company plans to begin upping production output at the plant. Tesla sold 66,051 units built at Giga Shanghai in January, representing an 18 percent increase from December’s 55,796 units, according to data from the China […]

Tesla Model 3: Third Best-Selling Car in Australia, Highest Ranking by EV

The Tesla Model 3 was Australia’s third-best-selling vehicle in Australia in January, even amidst the best overall market in five years, according to the Australian Financial Review. Australia’s Federal Chamber of Automotive Industries (FCAI) showed overall auto sales at their strongest since January 2018, with sales up 11.9 percent for a total of 84,873 sold. […]

Tesla January Sales in Germany Surge 912% Year-Over Year

Tesla’s vehicles are hitting the ground running in Germany, with sales growing steeply since its opening of Gigafactory Berlin-Brandenburg last year. In January, Tesla’s vehicle registrations made up 2.4 percent of all new registrations, according to the local motor regulator the KBA (via Reuters). Tesla’s vehicle registrations jumped by a whopping 912.2 percent year over […]

Mexico-Tesla Announcement ‘Very Close’ Says Minister

The prospect of Tesla setting up a plant in Mexico is apparently coming soon, says the country’s foreign affairs minister. According to Bloomberg, foreign affairs minister Marcelo Ebrard said a Tesla announcement is “very close” but would not elaborate. Tesla is said to be setting up a plant in Mexico and has been shown numerous […]