Australia University and Teslascope to Study Tesla Car Batteries for Grid Power
Some critics have pointed out that the electrical grid will need to expand to support upcoming gas car sales ban goals, and one Australian research team is already working on the viability of electric vehicles (EVs) providing spare, unused power back to the grid. Researchers at the University of Queensland (UQ) announced plans on Wednesday […]
Illinois Passes Tax Incentives For EV Parts Manufacturers and Automakers
Beyond just offering Illinois electric vehicle (EV) buyers a state rebate, Illinois is also hoping to help EV parts manufacturers and automakers come to their state with a new tax incentive made law on Tuesday. Illinois Governor JB Pritzker signed a new tax incentive package into law on Tuesday, set to offer tax credits to […]
Elon Musk Exercises Options on Tuesday, Sells 934,091 Tesla Shares Again
Tesla CEO Elon Musk has continued his streak of exercising stock options, then selling shares afterwards. According to new Form-4 filings with the SEC on Tuesday afternoon, Musk exercised 2,113,761 options from his 2012 compensation plan, then proceeded to sell 934,091 shares. This is the third time he’s sold off exactly 934,091 shares, and at […]
Tesla FSD Beta 10.4 in Canada: Victoria Superchargers to Langford Starbucks [VIDEO]
Tesla Full Self-Driving beta tester and Canadian James Locke (@arctechnic) is back sharing another video of his Model 3 testing FSD beta 10.4 in Victoria, British Columbia, Canada. Locke normally works and resides in Santa Clarita, California, but is in Canada with his Model 3. We previously saw him drive from Swartz Bay off a […]
NTSB Closes Investigation into Fatal Tesla Crash in California from 2020
According to the U.S. National Transportation Safety Board on Tuesday, it has closed an investigation into a fatal Tesla crash from August of last year, reports Reuters. A 2019 Tesla Model 3 was being driven in Saratoga, California, using the car’s Autopilot feature. The driver did a manual override and pressed the accelerator while on Autopilot. […]
Lucid Motors Market Cap Could Eventually Be Valued Like Tesla, Says CEO
Just weeks after Lucid Motors’ first deliveries of the Lucid Air took place at a delivery event in California, the company’s head is already eyeing Tesla levels of financial success. Lucid Motors CEO Peter Rawlinson said the company’s recent stock surges evidence the company’s standing to someday be valued like Tesla, according to CNBC. Lucid’s […]
Tesla Surpasses 8,000 Supercharger Stalls Across Mainland China
After surpassing 30,000 Superchargers worldwide last week, Tesla has officially reached another Supercharger milestone in the world’s largest auto market. Tesla has surpassed 8,000 Supercharger stalls across mainland China, according to a post shared on Tuesday by @42how_. The news comes three months to the day after Tesla surpassed 7,000 Supercharger stalls across China meaning […]
62-Stall Tesla Supercharger in Santa Monica Still Waiting for Permit, Says Elon Musk
@Elon Musk said on Monday that Tesla is still waiting for permit approval for its upcoming Supercharger station in Santa Monica. The news came in response to one Tesla driver asking Musk for updates on Supercharger stations in LA, saying that he had to wait in a long line in Santa Monica each week. Tesla […]
NIO ET7 to Feature Dolby Atmos and NIO Radio
Not long after NIO’s news that the electric ET7 sedan will debut at Shenzen’s NIO House later this month, the company has shared plans for its premium audio system, including a format that will make audio even more immersive. NIO announced on Tuesday that Dolby Atmos audio will come as a standard in the upcoming […]
Tesla Supercharger Pricing Change: Billing Per Minute by Charging Speed
As Tesla surpassed 30,000 Superchargers worldwide last week, the company has changed its per-minute billing model for Superchargers, based on how fast each charger charges the user’s vehicle. Tesla has changed its Supercharger pricing model from two charging speed tiers to four, according to a chart from Tesla as shared on Reddit. Tesla’s recently updated Supercharger […]
Rivian Surpasses Volkswagen in Market Cap, Despite $0 in Revenue
After Rivian’s proposed starting initial public offering (IPO) price of $62, the company landed a starting price of $76, before the company’s stock jumped in the past several days. Rivian has been on a five-day rally, pushing the company’s market capitalization past that of Volkswagen’s, according to Bloomberg. On Tuesday, Rivian’s surged 14 percent, trading […]
Elon Musk Exercises Option for 2.1M Tesla Shares, Sells 934,000 Afterwards
Elon Musk exercised options to buy 2,107,672 shares of Tesla at $6.24 each on Monday, then proceeded to sell 934,091 of them, to pay income tax obligations on the difference in prices from the exercise price and market value, reveal Form-4 filings with the SEC. Given the low price of Tesla’s stock at $980 on […]
JPMorgan Chase Sues Tesla for $162 Million Over Elon Musk Tweet
JPMorgan Chase & Co. has filed a lawsuit against Tesla, for the amount of $162.2 million, reports Reuters. The issue at stake? According to JPMorgan’s lawsuit filed in Federal Court in Manhattan, the investment firm alleges Tesla breached a contract related to stock warrants, after CEO Elon Musk tweeted in 2018 there was “funding secured” […]
Tesla Semi Spotted Charging with Trailer at Giga Nevada [PICS]
Image via @SawyerMerritt Tesla’s Semi trailer truck was spotted charging today while carrying a load at the automaker’s Gigafactory Nevada. According to @SawyerMerritt, “a source sent me a photo today of a Tesla Semi at the Giga Nevada production building offloading a trailer. The white Semi looks to be the latest prototype design. Tesla has been […]
Tesla Opens Temporary Service Location in Victoria, BC
Last month it was rumoured Tesla was set to open a temporary service location in Victoria, British Columbia, Canada. Now, it appears the address of the temporary location has been revealed. According to Kay Tee from the Tesla Owners Club Vancouver Island group on Facebook, an address showed up as 721 Pembroke Street in Victoria, […]