Italian automaker Lamborghini unveiled its plans for a fully-electric version, set to launch before 2030, as it outlined its transition to electrification. Stephan Winkelmann, President and CEO of Automobili Lamborghini, announced on Tuesday its roadmap where it will spend $1.5 billion euros ($1.8 billion USD) over four years to electrify its vehicles. “Lamborghini’s electrification plan […]
A huge batch of refreshed Tesla Model S units were spotted at the company’s Fremont factory last week, and a new update suggests that they could be related to a huge logistical and supply chain issue. According to sources familiar with the matter, Tesla is undergoing an issue at its Fremont factory from a supply […]
In a new announcement on Monday, Tesla has announced plans to revamp its vehicle trade-in appraisal service in China, as shared by @Ray4Tesla. The new system applies to all different makes and models and offers a 14-day guaranteed appraised value with the addition of a 14-day commute use of the trade-in vehicle before new deliveries […]
On Tuesday morning, cryptocurrencies saw an uptick, after weekend sell-offs caused the price of Bitcoin to drop to its lowest point since February, according to Yahoo Finance. Bitcoin was up 1%, trading at $45,005.418, while Ethereum and Ripple rose 0.9% and 6%, respectively. The sell-off was initially sparked by Elon Musk, who said “indeed” in […]
On Friday, a 2015 Tesla Model S that allegedly had Autopilot engaged crashed into a Snohomish County, Washington sheriff’s vehicle, as reported by NBC. The crash caused no injuries but did cause “significant damage” to the Sheriff’s Office vehicle, according to a statement from the department. The crash occurred north of Seattle at about 6:40 […]
In a regulatory filing on Monday, investor Michael Burry revealed he has long puts against 800,100 Tesla (TSLA) shares, equating to about $534 million by the end of this year’s Q1, according to a filing with the U.S. Securities and Exchange Commission (via CNBC). Update: According to Gary Black, the bet against Tesla may actually […]
Tesla’s Full Self-Driving (FSD) has seen some negative publicity recently, especially following news of a driver arrested repeatedly for reckless driving by using FSD from the backseat. On Monday, California’s Department of Motor Vehicles (DMV) said in a statement that it is reviewing Tesla’s advanced driver assistance system’s (ADAS’s) claims to be “Full Self-Driving” to […]
Tesla CEO Elon Musk on Tuesday morning pleaded with Giga Berlin suppliers, asking them to “please accelerate”, as the company’s factory in Germany is awaiting parts to begin production, which the leader said on Monday could happen by end of 2021. In a follow-up tweet, Musk said Tesla will be “aiming for extreme precision with […]
After sharing images of what appeared to be Tesla Model S Plaid vehicles at Laguna Seca Raceway in California, The Kilowatts have now shared a video of the apparent electric vehicle lap record of 1:29.9. “While visiting Laguna Seca Raceway last week, we discovered two new Model S Refresh (Possibly Plaid or even Plaid Plus) […]
After unveiling its unique and stylish rounded-front electric pickup truck, Canoo has held to its word by offering the lifestyle vehicle at a consumer-friendly price, starting only with a $100 deposit from preorder customers. On Monday, Canoo announced in a press release that it would open preorders for its Lifestyle Vehicle for just a $100 […]
Green Mountain Power has delivered the first of the New England area’s Tesla Powerwalls to a Vermont customer’s home, as shared in a recent update. The installation provides access to stored energy and reductions in both carbon and cost for home energy production through a Frequency Regulation Pilot program, which offers a regulated flow of […]
Image via @JayinShanghai Tesla has opened a new retail store in Shanghai, China, set to showcase the company’s electric vehicle technologies. According to Jay in Shanghai, Tesla’s Shanghai Experience Store is like a miniature version of the company’s Gigafactory in China, displaying both electric vehicle (EV) parts including batteries motors, and bodies, as well as […]
Tesla’s Gigafactory Texas is set to begin production this summer, and recently the company’s Director of Product Design confirmed plans to produce a diecast Model Y. According to a new post on the Tesla Motors subreddit, Tesla’s Gigafactory Texas produced a 130-kilogram Diecast, seemingly with the front underside of the Model Y. While Tesla’s Model […]
Tesla’s Gigafactory Berlin could face up to three months delay according to the most recent update, with the news following multiple halts to the construction site due to hibernating snakes and unpaid security deposits. Tesla CEO Elon Musk has visited Gigafactory Berlin, in Grünheide, Germany, according to Yahoo Finance. The news follows production dates for […]
After reports of Texas State Representatives proposing a new bill that could tax electric vehicle (EV) owners annually, a new update holds that some of those who sponsored the bill have received donations directly from gas companies. EV owners in Texas could pay an additional $240-$400 a year in taxes as a result of the […]
