SEC to Finally Pay Out $40 Million from 2018 Tesla Settlement, After Musk Criticism
The U.S. Securities and Exchange Commission (SEC) requested permission from a judge to pay out $40 million to investors from a 2018 civil settlement with Elon Musk and Tesla, according to Reuters. The news came after Musk complained that the regulator had “broken its promises” by stalling on the payout of the settlement while harassing […]
Tesla Sends Invites for Giga Berlin Delivery Day Event: March 22
The long-awaited Tesla factory in Grünheide, Germany is officially set to begin delivering its first vehicles, as seen by invites sent out by the company. Tesla is sending out employee invites to a Delivery Day event on March 22 at Gigafactory Berlin-Brandenburg, set to mark the first European-made deliveries from Tesla, according to a screenshot […]
Nickel Price Surge Could Increase Price of Electric Vehicles
The price of nickel has soared over the last couple of weeks following Russia’s invasion of Ukraine. Russia, one of the largest global suppliers of the metal, is facing extensive sanctions for its actions. The London Metal Exchange (LME) suspended nickel trading on Tuesday morning after three-month contract prices shot up to over $100,000 per […]
Tesla Giga Texas Event Start Date/Time: April 7 at 4pm
Tesla will hold its Giga Fest party at its Austin, Texas Gigafactory on April 7, 2022, according to permit documents filed with Travis County Commissioner’s Court, as reported by Teslarati’s Joey Klender. The documents reveal the “Giga Texas Event” as officially named by Tesla, will begin at 4pm and end at 11:29pm on April 7, […]
Tesla Shows Off 37 Megapacks Installed in Soldotna, Alaska [VIDEO]
Tesla has again shared a video touting the installation of its Megapacks by Homer Electric, in Soldotna, Alaska. The video was shared last month but Tesla uploaded it to YouTube on Tuesday. The video says Soldotna, located on the Kenai Peninsula, is cut off from mainland electricity up to four months of the year, due […]
Tesla Defends Autopilot Safety Features in Letter to U.S. Senators
Last month, Democratic Senators Richard Blumenthal and Ed Markey shared their “significant concerns” with Tesla’s Autopilot and Full Self-Driving (FSD) systems, writing a letter to the automaker’s CEO Elon Musk. Tesla responded to the U.S. senators last week, detailing Autopilot and FSD features that allow owners to “drive safer than the average driver in the […]
Tesla Model X Plaid vs. Lamborghini Huracan EVO: Drag Race [VIDEO]
After the Tesla Model X Plaid hit a 9.7-second quarter-mile in a drag race video last month, the electric vehicle (EV) is outperforming gas cars once again — this time versus Lamborghini’s quickest car currently in production. The Tesla Model X Plaid took on a Lamborghini Huracan EVO in a new video from DragTimes shared […]
SpaceX Starlink in Ukraine was Over a Month in the Making, Says President
SpaceX President Gwynne Shotwell says the company worked for weeks to get approval for Starlink internet in Ukraine, prior to the country tweeting at CEO Elon Musk just days after Russia began invading, according to Space News. In a talk for the California Institute of Technology on March 7, Shotwell said “We had been working […]
GM and California’s PG&E Collaborate on Using EVs as Backup Power Sources
General Motors (GM) announced a partnership with California’s Pacific Gas and Electric (PG&E) on Tuesday to collaborate on a pilot testing the use of the automaker’s vehicles as a backup power source. The pilot, as detailed in a press release, will begin in summer 2022 and will oversee the development of hardware and software to […]
Hyundai IONIQ 5 EV Wins UK Car of the Year Award
The Hyundai IONIQ 5 was awarded the UK’s Car of the Year, in addition to being named the Best Family Car, according to a press release from the automaker. Hyundai’s award was chosen by a panel of 29 judges throughout the British automotive industry, with Editor and Managing Director of the UK Car of the […]
Elon Musk Asks Judge to Halt SEC Oversight of His Twitter Account
Musk has requested that a judge block the SEC’s oversight of his Twitter posts, saying it’s being used to “trample” his free speech, according to Bloomberg. The news was established in a court filing on Tuesday, referring to an agreement established after a 2018 tweet from Musk said he was considering taking Tesla private and […]
Tesla’s Elon Musk to Headline 2022 TED Conference in Canada Next Month
The global Technology Entertainment and Design (TED) Conference is set to return to Vancouver, British Columbia, after a two-year hiatus on account of the COVID-19 pandemic, and will feature Tesla and SpaceX CEO Elon Musk as one of its headliners this year — reports Global News. Other big names scheduled to speak at the conference […]
Tesla Sold 56,515 China-Made Vehicles in February
As Tesla prepares to expand its production in China, the company is already off to a good start on the year — despite a slight drop in sales month-to-month. Tesla sold 56,515 China-produced vehicles in February, according to data shared by the China Passenger Car Association (CPCA), and as reported by CNEVPost. February includes the […]
Tesla Model S Plaid Sets EV Lap Record at Virginia International Raceway [VIDEO]
After its launch, the Tesla Model S Plaid quickly gained the title of the quickest car ever in a 0-60mph sprint, and the electric vehicle (EV) is still going on to break records today — even beyond the scope of sprints. The Tesla Model S Plaid has set a new course record at the Virginia […]
Tesla’s Giga Berlin is ‘Major Competitive Advantage’ in Europe, Says Wedbush
Tesla’s new German Gigafactory was granted approval to start production last week, and amidst the news, one analyst is doubling down on his bullish targets for the company’s stock. Wedbush’s Daniel Ives says Tesla has cleared a “major overhang” with the production approval granted to the automaker’s new Gigafactory Berlin-Brandenburg location, according to Benzinga. Ives […]