After Nissan unveiled its Ariya electric SUV last year, the company is officially partnering with two other automakers to invest in the future of zero-emission technology. Nissan and Renault announced plans on Thursday to invest 23 billion euros ($26 billion USD) over the next five years into electric vehicle (EV) technology, according to Yahoo Finance. […]
Famous podcaster and comedian Joe Rogan saw the Tesla Cybertruck in person this week, and he reported back with high reviews of the unreleased vehicle. Rogan shared photos of the Tesla Cybertruck on Instagram on Thursday, going on to call the electric truck a “huge leap into the future.” The pictures look to be taken […]
One of the many benefits of electric vehicles (EVs) is the ability to improve them over time through over-the-air (OTA) software updates, like the one that is just now rolling out to Tesla customers in China for the Lunar New Year. Tesla China’s 2022.2.1 Lunar New Year software update began rolling out to customers on […]
Kia America has announced the U.S. pricing for the 2022 EV6, the Hyundai subsidiary’s very first all-electric model, starting at $40,900 USD ($33,400 after the $7,500 federal vehicle tax credit). Originally teased by Kia in March 2021, the 2022 EV6 is an electric crossover powered by state-of-the-art, high-density lithium-ion batteries that allow for an EPA-rated […]
Tesla shared more details about its Tesla Bots, or humanoid robots at its Q4 2021 earnings call today. The automaker stressed it would not be launching any new vehicles this year, as it would put constraints on existing production and deliveries. But in the meantime, it would be still working on engineering and tooling used […]
During Tesla’s Q4 2021 earnings call, the automaker provided an update on its $25,000 USD car. “We’re not currently working on the $25,000 car,” said CEO Elon Musk. “At some point we will,” he added, saying Tesla has “enough on our plate right now,” and it’s “too much, frankly” at the moment. Musk said the […]
Tesla announced on its Q4 2021 earnings call the next market for its Tesla Insurance product, which offers insurance based on real-time driving data collected by the company’s Safety Score metric, will be Europe. Currently, Tesla Insurance is only available in Arizona, California, Illinois, Ohio and Texas. Tesla says its insurance product “encourages safer driving,” […]
Tesla confirmed on its Q4 2021 earnings call its Cybertruck and new Roadster won’t launch this year and will “hopefully” launch next year, said CEO Elon Musk. The company said while it won’t be launching new vehicles this year, it will be creating engineering and tools to create those vehicles, and start production hopefully by […]
Tesla CEO Elon Musk confirmed on the company’s Q4 2021 earnings call its upcoming Gigafactory in Austin, Texas, will begin production with the company’s latest 4680 structural battery packs. The automaker confirmed it is already installing 4680 structural packs at Giga Texas. Tesla shared a picture of seats being attached to its new structural pack. […]
Tesla’s Q4 2021 earnings resulted in another record quarter, with revenue beating Wall Street’s expectations, at $17.71 billion. The automaker shared a couple of charts detailing its lead versus other established automakers, such as GM, Toyota, BMW, Honda and more. Tesla’s vehicle delivery growth (time-to-market) currently continues to outpace legacy automakers, in particular for Q4. […]
Tesla produced 305,840 cars in Q4 2021, and the automaker said this was achieved partly by record production from its factory in Fremont, California. The automaker said Q4 “saw a continuation of global supply chain, transportation, labor and other manufacturing challenges, limiting our ability to run our factories at full capacity.” While Tesla states its […]
According to MyRGV News, the Elon Musk Foundation has awarded $2,533,346 USD to the Brownsville Independent School District. The funds will be used to purchase teaching equipment and devices for students, including interactive panels, desktop computers, iPads, and laptops. “This will provide our students the necessary tools to fill in the learning gaps that were […]
Tesla announced record Q4 2021 earnings today, and during the company’s update, it also shared some more details on Autopilot and Full Self-Driving (FSD). The electric automaker said, “the team continued to iterate on FSD Beta software, releasing seven updates throughout the quarter.” Tesla also revealed its FSD beta testers have now reached close to […]
After announcing its record Q4 2021 earnings, Tesla also shared new photos of its upcoming Gigafactories in Texas and Berlin. Tesla produced a record number of vehicles from its Fremont factory in California, but what’s coming is even more exciting. Below are images shared within the company’s Q4 2021 shareholder slide deck. Gigafactory Berlin – […]
Tesla has announced its Q4 2021 earnings on Wednesday afternoon, reporting numbers higher than Wall Street expectations. The automaker reported $2.52 earnings per share, while revenue was at $17.72 billion, both beating Refinitiv data of $2.36 and $16.57 billion from analysts. Revenue was up 65% YoY. Tesla saw 27.4% gross margin, up from 26.6% in […]
