A studio shot of the upcoming Tesla Cybertruck

2023 Tesla Cybertruck Update: Production This Summer, Will Have HW4

Tesla reported record Q4 2022 earnings today and the automaker also provided an update on its upcoming Cybertruck. According to Tesla, it says “Cybertruck remains on track to begin production later this year at Gigafactory Texas. Our next generation vehicle platform is under development, with additional details to be shared at Investor Day (March 1st, […]

Tesla Q4 2022 Earnings: Record $24.3 Billion in Revenue, $3.7 Billion Net Income

Tesla announced its fourth-quarter and full-year 2022 earnings on Wednesday afternoon, reporting record revenue for the final quarter. The automaker reported revenue of $24.3 billion USD for October to November 2022, up a whopping 37% year-over-year. Wall Street, meanwhile, had forecasted $24.03 billion in revenue. Tesla reported a net income of $2.3 billion (GAAP) for […]

Acura ZDX and All Electric Vehicles Sales Will Be Online Only

Acura has announced a strong shift toward electric vehicles (EVs) in a press release detailing its updated business strategy, with pre-sales beginning in 2023 and deliveries in 2024 with the ZDX and ZDX Type S. Additionally, Acura says 100 percent of its EV sales will take place online and will lead parent brand Honda into […]

Watch Elon Musk Announce Giga Nevada’s $3.6B Expansion Plans [VIDEO]

Tesla has two brand new manufacturing facilities in the works near Giga Nevada, according to statements from Governor Joe Lombardo and the White House, and now confirmed by the automaker. Following the confirmation, Tesla shared a video on Wednesday showing CEO Elon Musk’s announcement speech about expanding operations with the $3.6 billion investment. In the […]

2023.2.0.5 Tesla Release Notes: Auto Heated Steering Wheel and More

Tesla has released its first update of 2023, as software version 2023.2.0.5 is rolling out. According to 2023.2.0.5 release notes, we have the following new features and changes, according to Not a Tesla App and @greentheonly, which includes the previously mentioned auto heated steering with low and high settings, plus more: Auto Steering Wheel (Model […]

Ford Considering Sale of German Plant to China’s BYD, Says Report

Ford may be talking with Chinese automaker BYD about selling its Saarlouis, Germany plant, according to sources familiar with the matter in a report from The Wall Street Journal. Officials at Ford will head to China next week to talk about the potential sale of the German plant, which is currently planning to stop producing […]

SpaceX Confirms Starship Static Fire of 33 Raptor Engines is Next

SpaceX is planning to perform a static fire test of the Super Heavy Booster’s 33 Raptor engines, after a successful “wet dress rehearsal” (WDH) of Starship 24. To do so, SpaceX is destacking Starship 24 from Booster 7 to prepare for the static fire test, both of which represent the company inching closer to launching […]

2024 Polestar 2 Pricing from €50,190 in Europe, New Updates Revealed

Polestar has announced an updated design for the 2024 Polestar 2, including an updated range, a high-tech front end, new motors and the addition of rear-wheel-drive on base models, according to a press release shared on Tuesday. The company says the 2024 Polestar 2 has new motors and batteries, even including a switch to rear-wheel-drive […]

Honda to Create New Division to Speed Up EV Development, and More

Honda announced plans on Tuesday to debut a new company division to help strengthen and accelerate the electrification of its lineup. The news is just the latest in automakers looking to separate out their businesses to better focus on catching up to leaders Tesla and BYD in the emerging EV sector. The changes are set […]