Tesla Increases Car Financing Rates in the United States
If you’re planning to finance your next Tesla purchase in the United States, rates have increased to kick off the fourth quarter. As noted by Waiting4Tesla.com (@w4tsla), financing rates for Model S/X and Model 3/Y on the Tesla website in the U.S. have increased 0.25%, now showing as 4.74% (previously 4.49%). Tesla partners with major […]
NIO Q3 2022 Deliveries Increase 29% Year-Over-Year
NIO on Saturday announced third-quarter deliveries of 31,607 electric vehicles (EVs), marking a 29.3% increase year-over-year and a new quarterly record for the Chinese automaker. The company delivered 10,878 vehicles in September alone. NIO’s September deliveries consisted of 7,729 premium smart electric SUVs — which included 1,895 ES7s — and 3,149 premium smart electric sedans […]
Tesla AI Day 2022: What You Need to Know
Tesla on Friday held its annual AI Day event to showcase the company’s latest leaps in Artificial Intelligence, automation, and computation. The event kicked off with Tesla showing off the first working prototype of ‘Optimus,’ the long-awaited Tesla Bot. Despite merely being a prototype, Optimus was able to walk out on stage, wave to the […]
Tesla Unveils its Optimus Robot Prototype, Costs Less than $20,000
Tesla kicked off its 2022 AI Day by showing off a demo of its Optimus robot. The Optimus bot was able to walk out on stage on its own, wave to the crowd and even ‘raise the roof’ to music. Optimus was shown lifting boxes, working in a factory doing some light work and even […]
How to Watch Tesla’s AI Day 2022 Livestream, Start Time 6:15pm PDT [VIDEO]
Tesla’s big AI Day 2022 is here and it is slated to start at 6:15pm PDT/9:15pm EDT from Palo Alto, California. The event is to recruit engineers to “build the future of AI”. According to the AI Day invite, attendees will “learn about Tesla’s latest developments in artificial intelligence, including Full Self-Driving, Tesla Bot, Dojo […]
Tesla Solar Roof Withstands Hurricane Winds, Powerwall Survives Being Underwater for Hours
A set of photos shared this week show that Tesla’s Powerwall and Solar Roof are super durable and will continue working after exposure to storms, as noted by one roofing company. @Tesla retweeted photos of a Tesla Solar Roof and Powerwall that withstood winds and rain from Hurricane Ian on Thursday. The photos, originally shared […]
SpaceX, NASA Study Using Dragon to Extend Hubble Telescope Life
SpaceX and NASA signed a Space Act Agreement dated September 22 to study the Hubble Telescope for a potential reboot mission, as detailed in an announcement on Thursday. The idea would potentially boost the Hubble Telescope to orbit at a higher altitude using SpaceX’s Dragon spacecraft for no extra cost to the government. The plans […]
Toyota Warns Shift to EVs Could ‘Leave Customers Behind’
Toyota CEO Aki Toyoda said that a move to only selling EVs could leave customers behind in a meeting with U.S. journalists on Thursday (via Wall Street Journal). Toyoda noted that promoting hybrids and plugin hybrids in the short term while planning for the long term with EVs was a worthy cause, especially for customers […]
First Rivian Deliveries in Canada Coming in July 2023, Says Company
As startup electric vehicle (EV) manufacturer Rivian continues to ramp up expansion plans, it has officially gained approval to sell in one important market. Rivian has been cleared to begin delivering its vehicles to customers in Canada, as reported by Automotive News Canada on Friday. The approval came from Transport Canada and was confirmed by […]
Tesla Plans to Make 495,000 Model 3/Y Vehicles in Q4; 2.1 Million in 2023: Report
Tesla’s global production of the Model Y and 3 is set for a sharp increase in Q4 with expectations of major growth in 2023, according to internal plans reviewed by Reuters this week. The growth is expected to happen due to Tesla’s Giga Berlin and Texas ramping up production substantially, putting the company on track […]
Deutsche Bank Expects Tesla to Deliver 1.39 Million Cars in 2022, Reiterates ‘Buy’ Rating
Tesla’s 3-for-1 stock split took place last month, and one firm is emphasizing how strong the stock looks despite the current economic and supply chain landscape. In a memo to clients this week, Deutsche Bank analyst Emmanuel Rosner reiterated a Buy rating and said the firm remains “impressed” with Tesla, noting the automaker’s operational execution […]
Tesla Said to Cut Prices Soon for Model 3/Y in China, Claims Report [Update]
Tesla will reportedly cut prices of its Model 3 and Model Y in China soon, if unnamed sources speaking with Huxiu are to be believed (via CnEVPost). The publication says a source indicated that Model Y may see a price cut by up to 40,000 yuan ($5,610 USD). Entry Model Y RWD prices may drop […]
Tesla Launches Model 3 Track Package in Europe
Tesla has started rolling out its Model 3 Track Package in Europe, expanding the feature outside the U.S and Canada for the first time. As spotted by @Tesla_Adri in Germany, the Model 3 Track Package is priced at €5,990 ($5,589 USD). The package costs $5,500 in the U.S. and $7,200 in Canada. “Optimize the performance on […]
Apple Adds 15 More Drivers to its Autonomous Vehicle Program
As driverless vehicles slowly emerge as a reality, many companies are adding to their testing and self-driving fleets as shared by California’s largest motor vehicle agency. Apple added 15 drivers to its autonomous testing since June, while Waymo and Cruise added significantly to their driverless fleets, according to a notice from the California DMV (via […]
New York to Ban New Gas Car Sales by 2035, Following California
Another state is targeting a major shift to electric vehicles (EVs) by the mid-2030s, following California’s mandate on going emission-free. New York Governor Kathy Hochul (D) said on Thursday that the state will need to shift to selling only zero-emission vehicles by 2035, as reported by The Hill. “We’re really putting our foot down on […]