Tesla Testing Free Wi-Fi Hotspot Access from AT&T, Comcast, Xfinity and More

Tesla appears to be testing an upcoming feature for free vehicle Wi-Fi access to hotspots from AT&T, Comcast, Xfinity, Orange and more. According to screenshots shared by @Analytic_ETH on Thursday, the Tesla owner says, “since late last year, there have been hints in the firmware that @Tesla was looking to support “Public Hotspots”. I’ve been able to […]

Elon Musk Creates Trio of Companies Named ‘X Holdings’, Shows Filings

Tesla and SpaceX CEO Elon Musk this week created three new holding companies, each with a variation of the name “X Holdings,” to help with his planned acquisition of social media giant Twitter — reports Bloomberg. According to documents filed with the U.S. Securities and Exchange Commission (SEC), Musk and his co-investors in the Twitter […]

2022.12.3.1 Tesla Update and Release Notes

Tesla has started rolling out its 2022.12.3.1 software update, as noted by third-party software @Teslascope. The update was detected on a Model 3 Long Range in Bavaria, Germany. We noticed a new Tesla software update 2022.12.3.1 on a Model 3 AWD LR (2020) in Bavaria, Germany. View the rollout of this update here: https://t.co/5OTd0VDP9a — […]

Tesla Offering High School Grads Full-Time Jobs at Giga Texas

As Tesla’s new Texas facility shifts to ramping up production, the automaker is looking for manufacturing staff and will apparently try to draw from a local school district’s high school graduates. Tesla is offering full-time job opportunities at Gigafactory Texas to high school graduates in the Manor Independent School District, according to CBS Austin (via […]

Lincoln Star EV Concept Unveiled, Three New EVs Coming by 2025 [VIDEO]

Ford’s luxury automobile brand Lincoln is now jumping into the electric vehicle (EV) race with a new teaser showing off upcoming car concepts. Lincoln shared a teaser video of the upcoming Star concept vehicle on Wednesday, as well as detailing some of its EV plans. In particular, Lincoln says it plans to release three fully-electric […]

Elon Musk Raises $46.5 Billion in Financing to Buy Twitter, Shows Filing

Elon Musk has received extra funding to help secure the purchase of social media company Twitter, as detailed in a filing with U.S. regulators. Musk has secured $46.5 billion in debt and equity financing to purchase Twitter, according to Reuters. The funding includes $33.5 billion from Musk himself, along with another $21 billion of equity […]

Porsche Taycan EV Fleet Chosen for Air Canada Chauffeur Vehicles

Porsche is set to become the exclusive vehicle supplier of the Air Canada Chauffeur Service at the Toronto-Pearson airport with electric and hybrid plugin vehicles, said the companies on Thursday. Porsche EV options for the service include the electric Porsche Taycan and hybrid Panamera and Cayenne vehicles. When Signature Class customers arrive in Canada, they’ll […]

The Boring Company Raises New Funding, Valuation Now at $5.67 Billion

The Boring Company raised $675 million from “A-List investors” in recent weeks, according to a press release on the company’s website. The funding round was led by Vy Capital and Sequoia Capital, while Valor Equity Partners, Founders Fund, 8VC, Craft Ventures and DFJ Growth also participated in raising funds. In addition, real estate partners of […]

Elon Musk Lands $23 Billion Options Payout From Tesla’s Q1 Earnings

Tesla CEO Elon Musk has just landed another hefty piece of compensation, following the automaker’s success in the first quarter. Musk has earned another $23 billion in performance awards from Tesla, after the automaker posted Q1 revenue outpacing Wall Street estimates, according to Reuters. Tesla’s quarterly revenue amounted to $18.76 billion, with adjusted earnings of […]
A studio shot of the upcoming Tesla Cybertruck

Tesla Cybertruck Still on Track to Hit Volume Production in 2023

Tesla provided an update on Cybertruck during its Q1 2022 earnings call. According to CEO Elon Musk, after revealing a new dedicated robotaxi would be coming with no steering wheel or pedals, he added the company was “on track to reach volume production of Cybertruck in 2023.” Tesla says the simplicity of the Cybertruck structure […]

Volvo Invests in StoreDot, an Israeli Fast-Charging Battery Tech Firm

Legacy Swedish automaker Volvo on Tuesday announced an investment in StoreDot, an Israeli company that is working on electric vehicle (EV) batteries capable of extreme-fast charging. The investment was made through the Volvo Cars Tech Fund, Volvo’s venture capital unit. StoreDot is working on disruptive battery tech capable of adding 257 miles (160 km) of […]

Tesla Saw a Spike in Orders the Day After the Super Bowl

Tesla announced its record Q1 2022 earnings on Wednesday, beating Wall Street estimates. While Tesla saw record production, deliveries and earnings and profit, the company also shared an interesting note about the Super Bowl. According to Tesla, the day after the 2022 Super Bowl—which featured numerous high profile electric vehicle ads from automakers—it saw a […]