Tesla Adding 19-Stall Supercharger in Palo Alto, California

Photo: Veronica Weber via Palo Alto Online Tesla has close to 50 percent electric vehicle market share in Palo Alto, California, as reported by the city’s Administrative Services Department, and now a new Supercharger is being planned to help alleviate wait times for charging. Palo Alto City Council recently approved a 19-stall V3 Tesla Supercharger, […]

Live: SpaceX Falcon 9 Launches Transporter-2 Mission [VIDEO]

SpaceX has launched its Transporter-2 mission with Falcon 9 taking its 85 commercial and government spacecraft into orbit, which includes 3 Starlink satellites. Check out the live launch below happening right now, from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida, with the landing set for Landing Zone 1 (LZ-1), […]

Lucid Air Reservations Surpass 10,000; New York City Store Opens

Lucid Motors unveiled its minimal dashboard last month, and despite earlier reports that CEO Peter Rawlinson was unsure of hitting 20,000 cars produced by 2022, the company has already received half that many preorders. Lucid Motors has reached 10,000 reservations for the Lucid Air electric sedan, following its announcement that it will close on a […]

First Tesla V3 Supercharger in Toronto Begins Construction

The first V3 Tesla Supercharger has started construction in Toronto, Ontario, Canada. According to Supercharger detective @MarcoRPTesla, a dozen stalls are under construction in the capital city of Ontario. “Toronto’s first V3 Supercharger is here!!”, exclaimed @MarcoRPTesla on Wednesday. Toronto's first V3 Supercharger is here!! 12 stalls are under construction in the Hotel X parking […]

Growing EV Popularity is Powering China’s Battery-Metal Lead

As electric vehicles (EVs) continue to rise in popularity across global markets, battery metals are also increasing in demand, effectively powering China’s lead in the production of battery metals – with lithium-ion battery demand expected to see a sevenfold increase over the next nine years. According to a Wednesday report from Bloomberg, lithium-ion battery demand […]

Tesla Model Y Hong Kong Release Date Set for July 2

The Tesla Model Y is set to hit countries around the world later this year, and the newest region to gain the electric vehicle (EV) has just been revealed. Tesla’s Model Y will debut July 2 in Hong Kong, China, with three different variants of the unit hitting the market, according to the region’s customs […]

Randy Pobst’s Winning Tesla Model S Plaid Run at Pikes Peak [VIDEO]

Last weekend, the Tesla Model S Plaid won its first-ever Pikes Peak International Hill Climb in the exhibition class, despite less than favorable road conditions and a scary Tesla Model 3 accident in our memories from last year. On Sunday, Tesla Model S Plaid driver Randy Pobst shared more video footage of last weekend’s Pikes […]

142 Tesla Megapacks Go Online in California, Instead of Gas Plant

Renewable energy is here to stay, as depicted by one California community’s decision to establish an electric battery storage plant, rather than building another gas-powered plant. 142 Tesla Megapacks became operative in California earlier this week, replacing a proposed gas peaker plant located in Ventura County, according to Energy Storage News. The project, titled Saticoy, […]

NIO Will Replace Tesla as China’s Top EV Automaker: Money Manager

Louis Navellier, Chief Investment Officer at asset management firm Navellier, believes homegrown electric vehicle (EV) maker NIO is poised to replace Tesla as the market leader in the Chinese region — reports The Street. “Another electric vehicle company will eventually displace Tesla as the biggest manufacturer of EVs in China,” Navellier wrote in his bold […]

Tesla Price Target Slashed by UBS, Citing Competition in China

The financial analysts at UBS Global have adjusted their Tesla price target, based on concerns with rising local competition in China, reports Yahoo! Finance. While UBS maintained its ‘neutral’ rating on Tesla’s stock, the firm adjusted its price target down from $730 USD to $660 USD. In addition, UBS Global has also reduced its EPS […]

SpaceX’s Total Starlink Investment May Reach $20-30 Billion, Says Elon Musk

In his virtual video interview during the Mobile World Congress being held in Barcelona, SpaceX CEO Elon Musk talked about Starlink’s exponential growth, and also touched upon the venture’s finances, reports Reuters. Starlink is SpaceX’s high-speed satellite broadband project designed to bridge the connectivity gap in rural/remote areas and provide affordable internet at viable speeds […]