Intel’s Mobileye Seeking $16 Billion IPO, 33% Lower Than Before
As volatility and rising interest rates seem to be quelling consumer interest in new stocks, one automated driving company is set to go public — and at a much lower price than it had planned. Intel-owned Mobileye is aiming for a $16 billion valuation in its initial public offering (IPO), which is less than one-third […]
Elon Musk to Join Tesla’s Q3 2022 Earnings Call
Gigafactory Berlin; Image via the_wolfpack_berlin on YouTube Tesla is set to announce its Q3 2022 earnings on Wednesday, October 19, 2022. The company previously announced they produced and delivered a record number of vehicles for Q3. As for this week’s Tesla Q3 earnings call, CEO Elon Musk confirmed on Monday he will be joining the […]
First Look: 2024 Cadillac Celestiq EV, Pricing at $300,000+ [VIDEOS]
Cadillac tonight officially unveiled their all-electric luxury vehicle, the Celestiq, which will have pricing start “north” of $300,000 USD. Production of the Celestiq EV will begin in December 2023. “CELESTIQ is the purest expression of Cadillac, acknowledging our incredible history and driving us to a bolder and brighter future,” said Global Vice President of Cadillac […]
Tesla Launches J1772 Wall Connector in Black with Tweaked Design
Last November, Tesla launched a J1772 Wall Connector for $415 USD, but it was quickly removed from its online store. The J1772 connector allowed this Wall Connector to charge Tesla and supported non-Tesla vehicles at destination chargers. On Monday afternoon, Tesla has re-launched the J1772 Wall Connector but this time in black, and with a […]
Pentagon Considering Paying for Starlink in Ukraine, Says Report [Update]
After SpaceX CEO Elon Musk said on the weekend his company would continue to pay for Starlink in Ukraine, it now appears the Pentagon is considering taking over the bills. That’s according to Politico on Monday, citing two unnamed U.S. sources familiar with discussions. The source of funding for Starlink in Ukraine would likely come […]
Tesla Opening Another Service Center and Showroom in Long Island, New York
Tesla is set to open a 50,000-square-foot fulfillment and service center in Westbury, New York, as reported by Long Island Business News (via Reddit), earlier this summer. The center is set to be located in a former Toys R Us building, located at the Roosevelt Raceway Center at 1350 Corporate Drive. Although the space has […]
Jeep Avenger EV Unveiled for Europe at Paris Auto Show
Stellantis unveiled its electric Jeep Avenger at the Paris Auto Show on Monday, offering both all-electric and gas versions of the car. The Jeep Avenger, the company’s first EV, is expected to help the automaker double its European sales to 300,000, according to executives at the company (via Automotive News Europe). The Avenger follows the […]
SpaceX to Add ‘Donate Option’ to Starlink for Places in Need
SpaceX Starlink is set to gain a new option to expand charity to places that require satellite internet. CEO @Elon Musk said on Monday that SpaceX will add a “donate option” for Starlink, allowing users to donate the service to places in need. The claim came in a retweet of Chipper CEO @Ham Serunjogi‘s post, […]
Tesla Has Improved Ride Comfort in Model 3 and Model Y, Says Elon Musk
The ride comfort in Tesla vehicles, particularly the Model 3 and Model Y can be quite stiff for some, compared to more plush suspensions found in something like a Honda CRV or Toyota RAV4. The firmer suspension offers great handling for the heavier electric vehicle. But now, it appears ride comfort has improved, according to […]
Tesla Ramps Up Hiring for Nearly 7,000 Jobs, Despite Recession Fears
Tesla continues to hire in several departments across the company, despite CEO Elon Musk’s multiple warnings of a coming recession. This week alone, Tesla listed over 6,900 jobs on its website, representing around a 50 percent increase in listings since mid-June, according to Reuters, which has been tracking the figure since mid-June. The number of […]
Volkswagen ID Buzz Matrix LED Headlights Test [VIDEO]
As Volkswagen’s ID Buzz electric bus makes headlines upon its first drives, one YouTube host has shared how the vehicle’s headlights work in a video. Bjørn Nyland shared a new video showing off the adaptive matrix headlights on the Volkswagen ID Buzz on Sunday as he drives around back roads in Norway. In the video, […]
New Tesla Superchargers Global Overview: October 10–16, 2022
Let’s take a look at all the new Tesla Superchargers that went live across the globe this past week, courtesy of data from Supercharge.info and the TMC Forums: Date Opened Location Number of Stalls Power Rating Official Listing October 10, 2022 F1, Xiongfeng City, State Road 105, Zhongcun Town, Panyu District, Guangzhou City, Guangdong, China 15 250 […]
YouTuber Trains With SpaceX’s Polaris Dawn Astronaut Team [VIDEO]
In a recently published video, Tim Dodd from the YouTube channel Everyday Astronaut met and trained with the crew of SpaceX’s upcoming Polaris Dawn mission. SpaceX’s Polaris Program is a series of missions funded by billionaire Jared “Rook” Isaacman that will culminate in the first crewed flight of SpaceX’s Starship. The company is currently hoping […]
‘Track Mode’ for Tesla Model Y Performance? ‘OK’ Says Elon Musk
It appears ‘Track Mode’ will be coming to the Model Y Performance variant, according to Tesla CEO Elon Musk. While ‘Track Mode’ is limited to the Model S Plaid and Model 3 Performance, it seems to be expanding now, according to Musk. When asked by @teslaownersSV, “Can we get track mode for Model Y Performance?”, […]
Tesla’s Vegan Leather Supplier Touts Growing Popularity of Product
The vegan leather Tesla uses for the interior seating in its electric vehicles (EVs) is supplied by Japan-based Ultrafabrics Holdings Co., which is betting the material is going to make it big (via Automotive News). As the automotive industry moves toward sustainability in everything from propulsion to manufacturing and interior design, carmakers are swapping out organic […]