Tesla has received a construction permit for a new Megafactory in the Lingang area of the China (Shanghai) Pilot Free Trade Zone, marking a significant expansion of its global manufacturing capabilities. This facility, Tesla’s first energy storage mega factory outside the U.S. market, is slated to begin mass production in the first quarter of 2025, […]

Tesla has started to rehire employees from its Supercharging team, including some key personnel, just weeks after they were abruptly laid off. The move comes after Tesla CEO Elon Musk disbanded nearly 500 members of the team last month, including senior director Rebecca Tinucci and other top managers. Among those rehired is Max de Zegher, […]

Tesla has introduced a promotional financing offer with a fixed rate of 0.99% APR across the United States, significantly reducing monthly payments for new Model Y purchases. To benefit from the offer, buyers must place their Model Y orders by May 31, 2024, and meet the conditions of a minimum down payment of $4,250. The […]

On May 10, 2024, Tesla’s Gigafactory near Berlin, Germany, was the scene of significant environmental protests. Hundreds of activists gathered at the factory, expressing their disapproval of Tesla’s proposed expansion, which they believe endangers local ecosystems. The demonstrations escalated as protesters, who had been camping outside the facility for several days, clashed with police and […]

Tesla has announced a major investment in new Superchargers for 2024, according to CEO Elon Musk. On early Friday morning, Musk said on X, “Just to reiterate: Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year.” “That’s just on new sites and expansions, not counting operations […]

BP’s electric vehicle charging unit is set to expand its operations in the United States following recent layoffs at Tesla that affected its EV charging team, the oil giant announced on Thursday. This move comes shortly after Tesla CEO Elon Musk confirmed the reduction of the team responsible for its EV charging division, signaling a […]

Tesla is finally set to roll out Full Self-Driving (FSD) capabilities for the Cybertruck in the coming months, according to CEO Elon Musk. Responding to concerns about the absence of basic lane-keeping assist features expressed by a users on X, Musk replied, “We must focus on FSD for the other 99% of the fleet. Cybertruck […]

General Motors is actively seeking to recruit software interns impacted by Tesla’s recent downsizing. Laura del Amo, a talent sourcing strategist for GM, made a public appeal on LinkedIn targeting software students affected by Tesla’s decision to terminate its summer internship program. This move comes as Tesla recently announced a reduction of more than 10% […]

When will Tesla release the next version of Full Self-Driving (FSD)? According to the latest update from CEO Elon Musk, that might happen next week. Yesterday, Musk said, “the latest version of Tesla’s (supervised) self-driving will blow your mind,” quoting a post on X, that re-shared an owner’s experience with FSD. The latest version of […]

Tesla has become the largest customer of lidar technology firm Luminar, accounting for over 10% of the company’s revenue in the first quarter of 2024, reports TechCrunch. This amounts to slightly more than $2 million, as revealed in Luminar’s recent earnings report today. This disclosure comes despite Musk’s previous statements dismissing lidar sensors as a […]

Tesla will reportedly shut down production at its Grünheide, Germany, plant for one day starting on Friday, in response to protests against its expansion plans. Update: Tesla has confirmed the shut down is one day, not four days, to @SawyerMerritt. According to Handelsblatt, the company has directed all employees to work from home on Friday, […]

Lucid Motors has reported a substantial net loss of $685 million in the first quarter of 2024, despite a slight improvement from the $780 million loss recorded in the same quarter of the previous year. The company’s stock reacted negatively, dropping 7.5 percent to $2.82 per share in after-hours trading on Monday. Despite the financial […]

Tom Zhu has been a pivotal figure in Tesla’s expansion in China since joining the company in 2014. His roles have included Director of Tesla China’s Supercharger project and Vice President of Tesla Global and President of Greater China, contributing significantly to Tesla’s rapid growth in the Chinese market. Under Zhu’s leadership, Tesla has made […]

Tesla has launched a new version of its Model Y, offering the Long Range Rear-Wheel Drive in the U.S. This debut comes after the launch of the Quicksilver color option previously only available overseas in Europe and Asia. This new Model Y replaces the previous regular RWD and is priced at $44,990, offering 320 miles […]

Tesla has confirmed that its 2024 Annual Stockholder Meeting will host a limited number of attendees in person due to capacity restrictions, similar to last year. The meeting is scheduled to take place at Tesla’s headquarters located at 1 Tesla Road, Austin, Texas, at its Gigafactory in the city. In an effort to distribute attendance […]