Bitcoin (BTC) saw a major surge on Friday, topping off an unbelievable week of record-setting stock market volatility. The surge occurred after Elon Musk added ‘#Bitcoin’ to his Twitter bio, with the trading cost of Bitcoin subsequently rising as much as 20%, according to CNBC. Musk followed the bio change up with a mysterious tweet, […]
Tesla (TSLA) opened Friday with losses as the market experienced increased volatility, immediately following a week of the meteoric rise of highly-shorted stocks like Gamestop (GME) and AMC (AMC). Despite the losses, Argus Research’s Bill Selesky said on Friday that the firm had boosted its price target for Tesla to $1,010, from the prior $777, […]
American automaker General Motors announced on Thursday its plans to electrify its entire fleet offering by 2035, 14 years from now. That means sales of gas vehicles and light-duty trucks will come to a close in that timeframe, as the company plans to go emission-free by 2040. “General Motors is joining governments and companies around […]
As predicted, Tesla unveiled its Model X and Model S refreshes, complete with a cool, new steering wheel. On Wednesday, Electrek reported on some of the new steering wheel’s features, including force touch buttons and sensor-based drive modes, due to the removal of the PRND drive stalk. Removing the drive stalk is a bold move, […]
Three free months of Tesla’s Full Self-Driving were activated earlier this month for many new Tesla owners, with many wondering what the future of the system may look like. Tesla CEO Elon Musk said Wednesday at the company’s Q4 earnings call that the company is in early talks to share its Autopilot and Full Self-Driving […]
Tesla’s Semi was spotted in Fremont last month, and that fleeting glimpse will have to hold onlookers over for a while. In Tesla’s Q4 earnings update Wednesday, CEO Elon Musk announced that the company is putting Semi production on hold until they can begin producing high volumes of its own battery, as reported by CNBC. […]
Rivian’s electric Amazon Prime van has now been spotted a few times in the wild, leaving Tesla fans wondering: when will the company develop its own electric van? At Tesla’s Q4 2020 earnings call on Wednesday, CEO Elon Musk responded to an investor question about electric vans, sharing that Tesla would eventually develop its own […]
Tesla CEO Elon Musk recently became the world’s richest person from Tesla’s (TSLA) major gains in 2020, though analysts are quick to speculate whether the company is overvalued or not. At Tesla’s earnings report on Wednesday, Musk shared that the company had a “roadmap to potentially justify” the company’s market capitalization and current valuation, according […]
A number of public transit companies in Canada have unveiled their own versions of the electric vehicle (EV), with the newest set to arrive next year. In a press release on Tuesday, Vancouver, B.C.-based TransLink announced a signed contract with Nova Bus for 15 all-electric buses, adding to the company’s current EV fleet of 4 […]
One burning question Tesla owners have had for the longest time is whether their Autopilot add-on of Full Self-Driving, would be transferrable to their vehicle purchase from the company. According to this exact question posed during today’s Q4 2020 earnings call, CEO Elon Musk answered it to say it’s not coming anytime soon. The Tesla […]
Tesla today unveiled its new 2021 Model S and Model X refresh, bringing new interior and exterior features. One feature not talked about, but mentioned within Tesla’s Q4 2020 deck is the inclusion of a heat pump in the new Model S and Model X. This means Tesla’s entire lineup now includes a heat pump, […]
On Tesla’s Q4 2020 earnings call, CEO Elon Musk took time to talk about Full Self-Driving beta. Musk says Tesla has made “massive progress” on FSD, noting he recommends people watch the videos of FSD beta. “So we’ve got, I think, almost 1,000 people in the beta at this point,” said the CEO. While FSD […]
After a couple delays, SpaceX now plans to test launch its Starship SN9 prototype on Thursday, January 28, 2021. According to @op_boca, locals have been told to evacuate the area nearly the launch site by 8am CST. The SN9 test flight will take place at SpaceX’s Launch Pad B, at its space launch facility in […]
Image via West Vancouver Police Earlier this month, a 58-year old man was hit by a Tesla Model X in West Vancouver, British Columbia, Canada, only to see the electric vehicle flee the scene. After extensive media coverage of the hit-and-run incident, the Tesla driver has come forward, reports North Shore News: The 91-year-old driver […]
Tesla today announced its Q4 2020 earnings, revealing the company’s first-ever annual profit for a single fiscal year. Within the company’s quarterly update deck, Tesla also shared new photos detailing the construction of Model Y factories at Giga Shanghai and Giga Berlin. According to Tesla, the Model Y factory in Shanghai “is in the process […]
