Elon Musk Working on Part 3 of Tesla’s ‘Master Plan’
Tesla CEO Elon Musk teased he was working on part three of Tesla’s “Master Plan” in a Wednesday evening tweet. Working on Master Plan Part 3 — Elon Musk (@elonmusk) March 17, 2022 The two previous installments of Tesla’s master plan essentially laid down the company’s ambitions for the years that followed. The original master […]
China’s XPeng Motors Sets Up $200 Million EV Investment Fund
Chinese electric vehicle (EV) maker XPeng Motors on Thursday said it fronted the bulk of the investment into Rockets Capital, a $200 million USD fund that will back players in the electric vehicle (EV) industry and “frontier technology areas” — reports CNBC. Rockets Capital will focus on “venture and growth stage investments in Smart EV […]
Tesla Launches Cloud Syncing for Driver Profiles
Tesla has finally launched cloud syncing for driver profiles, allowing users to save their profiles (and all associated preferences) to Tesla’s servers so they carry over to any Tesla they drive anywhere in the world (via @WholeMarsBlog). “Took us way too long,” company CEO Elon Musk said about the feature on Twitter. Took us way […]
Tesla Delays Sale of Over $1 Billion Worth of Bonds Backed by Car Leases
Tesla has put the brakes on a sale of over $1 billion USD worth of bonds backed by leases on its electric vehicles (EVs) — reports Yahoo Finance. The EV maker is reportedly the third issuer of auto-finance securities in the past week to delay a sale amid market instability and fears of even more turbulence. […]
Tesla is Working to Resume Production at Gigafactory Shanghai
Tesla said on Thursday that the company is trying its best to keep production going at its Gigafactory in Shanghai as it complies with China’s COVID-19 prevention measures — reports Yahoo Finance. “We are actively cooperating with the government’s requirements for nucleic acid testing and other epidemic prevention requirements, and at the same time are […]
Tesla Increases Price of Model Y Standard Range in China
While Monday’s lineup-wide price hikes from Tesla across the globe did not affect the Model Y Standard Range Rear-Wheel Drive (RWD) trim in China, Tesla adjusted pricing for the China-exclusive entry-level Model Y on Thursday — reports CnEVPost. According to the publication and Tesla’s Chinese vehicle configurator, the Model Y Standard Range RWD now costs […]
Tesla Fremont Factory Tour and Test Drives Impress Morgan Stanley
Morgan Stanley analyst Adam Jonas toured Tesla’s Fremont Factory on Tuesday, where he test-drove the Model 3, Model Y, and Model S Plaid, and also met with the company’s Investor Relations (IR) division (via @SawyerMerritt). NEWS: Morgan Stanley analyst Adam Jonas toured the Tesla Fremont Factory on Tuesday March 15th, test drove the Model 3, Model […]
SpaceX Starlink Median Download Speeds Surpass 100 Mbps in the U.S., Canada: Report
A new report from Ookla Speedtest examining Q4 2021 internet download/upload speed data from users across the world found that SpaceX’s Starlink saw a marked increase in median download speeds, delivering 100+ Mbps in the U.S., Canada, and 13 other countries. Starlink is a high-speed broadband service from SpaceX that connects to a constellation of […]
Volkswagen Might Build an Electric Truck in the U.S., Says Report
Volkswagen AG might build an all-electric truck for the U.S. automotive market’s growing and highly profitable pickup segment — reports The Wall Street Journal. According to the publication’s sources, the veteran automaker is considering the idea and could make a final decision by the middle of this year. Scott Keogh, head of Volkswagen’s U.S. business, […]
First Tesla Insurance Underwriting Slated in Expansion to Oregon and Virginia
Tesla Insurance is currently available in Arizona, California, Illinois, Ohio and Texas. But according to state insurance filings seen by Forbes, expansion is slated for Oregon and Virginia next. Forbes says Tesla will be underwriting by itself or the first time in Oregon and Virginia, instead of third parties. Tesla General Insurance will do the underwriting […]
Tesla’s Model 3 and Model Y Long Range Now Cost the Same in Germany
Before incentives, the Tesla Model Y Long Range now costs the same as a Model Y Long Range in Germany (via @tesla_adri). The Model 3 is eligible for €6,000 in incentives in the country while the Model Y is only eligible for €5,000, so the Long Range trim of the former comes out just €1,000 […]
Tesla Fires Employee Behind ‘AI Addict’ YouTube Channel and FSD Videos
Tesla in February fired John Bernal, a former employee on the company’s Autopilot team and the YouTuber behind AI Addict, a channel dedicated to reviewing Tesla’s Full Self-Driving beta on public roads — reports CNBC. Bernal started working for Elon Musk’s electric vehicle (EV) company as a data annotation specialist in August 2020 in an office in […]
Tesla Model S Plaid Sets EV Lap Record at Virginia International Raceway’s Grand Course
Update: Click here to watch the full video of this EV record lap in the Model S Plaid. Carmine’s Import Service was at the Virginia International Raceway Grand Course on Tuesday with its Tesla Model S Plaid, which set a new electric vehicle lap record, while on stock tires. According to Carmine’s Import Service, they […]
Tesla Model Y Standard Range Plus from Giga Texas Coming, Hints Software Code
According to developer @greentheonly, a Tesla Model Y Standard Range Plus is coming from the company’s Gigafactory in Austin, Texas, according to software code. A deep dive into Tesla’s 2022.8.2 software update by @greentheonly reveals a Texas-made Model Y Standard Range Plus, dated for the first quarter of 2022. “I guess that would be the […]
Tesla Suspends Production at Giga Shanghai for Two Days, Due to COVID-19 Rise
Tesla has suspended production at its Gigafactory in Shanghai for two days amid China’s largest COVID-19 outbreak in two years — reports Reuters. The news comes from a notice Tesla sent out to employees and suppliers, which was seen by the publication, informing them that production would be halted for Wednesday and Thursday. Gigafactory Shanghai produces […]