Veteran investor Keith Fitz-Gerald said to CNBC that those betting against Elon Musk are comparable to those who bet against Apple co-founder Steve Jobs years ago, adding that he thinks Tesla stock could still grow as much as 44 percent from current trading prices. Fitz-Gerald said that he thinks Tesla’s stock is “just getting started,” […]

As Starlink continues expanding its orbital satellite constellation, its internet teams back on Earth look to be getting an upgrade. SpaceX is ramping up hiring for its Starlink satellite internet team in Austin, Texas, as can be seen on the company’s careers page, reports @Nathan Owens on Friday. The page includes dozens of jobs working […]

Tesla is applying to expand its Gigafactory Berlin to include rail transport and a train shuttle service, according to documents seen by German publication Moz.de dated January 13 (via @Berlinergy). The documents show Tesla’s designs for concrete to support passenger transport, using the current Deutsche Regionaleisenbahn GmbH (DRE) tracks alongside plans to build a new […]

SpaceX has been working to prevent the Ukrainian military from using its Starlink internet to control drones in its ongoing war with Russia, according to a statement from President Gwynne Shotwell on Wednesday at a Washington D.C. conference (via Reuters). Ukraine has been using Starlink since Russia’s initial invasion of the country last year, though […]

ARK Invest CIO Cathie Wood said on Thursday that buying Tesla stock is the best way to add artificial intelligence (AI) to an investment portfolio. Tesla is a top holding in three of Wood’s funds, and she said on Thursday that she thinks the company’s stock price has the potential to surge by up to […]

Tesla continues to tweak its prices worldwide and its latest price hike comes in China. The electric automaker on Thursday evening increased the price of the Model Y rear wheel drive (RWD) by 2000 RMB, now starting at 261,900 (was 259,900), reports @Tslachan. That’s the equivalent of a $294 USD price jump. The price increase […]

SpaceX today performed its first static fire attempt of 33 Raptor engines on its Starship Booster 7, from Starbase in Boca Chica. The company announced yesterday it would be attempting a static fire today, and SpaceX did not disappoint. First static fire attempt of 33 Raptor engines on Booster 7 https://t.co/3haor6owfa — SpaceX (@SpaceX) February […]

Volvo CEO Jim Rowan said that the automaker won’t follow Tesla into cutting vehicle price tags, saying that demand for its vehicles remain high, according to Reuters. The statement came after Volvo posted lower-than-expected Q4 profits, and Rowan added that the automaker already had a sizable backlog for electric vehicle (EV) orders. “We don’t see […]

Electric vehicle (EV) owners in Alberta may be eligible for a new $150 CAD rebate for charging with the Optiwatt platform, according to an email shared with Tesla North on Wednesday. The offer is available from Optiwatt and FortisAlberta Electric Cooperative, offering $150 in compensation for registering for the Alberta Managed Charging Pilot. The program […]

A group of photos shared by @munybrr on Wednesday shows one of Frito-Lay’s Tesla Semi trucks in downtown Phoenix ahead of this Sunday’s Super Bowl. The user also said he was told that the Semi would be parked in downtown all weekend near other activities. The photos show the Semi parked near an outdoor event […]

After a fatal accident in Spring, Texas involving a Tesla Model S garnered widespread attention and a probe from federal vehicle safety regulators claiming that Autopilot had been engaged, results from the study showed no signs of the driver assistance system’s use. The National Transportation Safety Board (NTSB) completed an investigation into the 2021 accident […]

Lucid Group announced plans on Thursday to offer a $7,500 credit for purchasing some vehicle variants of its flagship Air electric sedan, according to a report from Reuters. The credit is effective beginning on Thursday, and it applies to all Lucid Air Tour and Grand Touring purchases between now and March 31. Despite the discount, […]

SpaceX has confirmed it will attempt to perform a 33-engine Super Heavy static fire on Thursday, February 9, 2023. That’s according to SpaceX president Gwynn Shotwell, speaking at the FAA Commercial Space Transportation conference on Wednesday, as reported by Jeff Foust of SpaceNews. Super Heavy is part of the Starship transportation system designed to head […]

Amidst swirling rumors of job cuts as the company reels from recent losses, Ford’s CEO has made a call to improve efficiency at the company following disappointing earnings. Jim Farley said that Ford requires 25 percent more engineers than other automakers to do the same amount of work, as stated on a SiriusXM radio show […]

Tesla’s Master Plan 3 is set to be unveiled at the automaker’s upcoming Investor Day event on March 1, according to a statement from CEO @Elon Musk on Tuesday. Musk called the plan “the path to a fully sustainable energy future for Earth,” adding “The future is bright,” in the tweet. Last year, Musk said […]