Tesla to Spend Over $1 Billion Annually for Australian Minerals

Tesla is expecting to spend over $1 billion per year on Australian minerals, due to the country’s responsible mining practices and vast resources, according to a statement from a company chairperson. On Wednesday, Tesla Chairperson Robyn Denholm said that Australia is slated to gain from developing supply chains for electric vehicle (EV) battery production, due […]

Apple’s Self-Driving Car Project Sees Managers Depart, Report Says

After news of an upcoming autonomous vehicle from Apple broke throughout this and last year, the company has reportedly lost multiple of the autonomous driving department’s top managers in recent months. According to Bloomberg, Apple lost multiple top self-driving car department managers in the past few months, including Dave Scott in robotics, Jaime Waydo in […]

Tesla Referral Program Axes Free Model Y, Roadster Offers

Tesla is reportedly making changes to its referral program, and in a new update, the company seems to have begun revamping the referral program already. According to @TeslaGong, Tesla has changed its referral program as of June 1, no longer offering a monthly draw for a free Model Y, or a quarterly draw for a […]

Viasat Asks FCC to Revoke SpaceX Starlink’s Government Funding

Viasat satellite internet company, and now a direct competitor with SpaceX’s Starlink, has high hopes for stopping the latter’s satellite constellation from expanding – despite being awarded $885 million by the U.S. government to expand its U.S. internet offerings last year in the Rural Digital Opportunity Fund (RDOF). In a May 21 filing, Viasat asked […]

Tesla Failed to Enforce Rules on Elon Musk’s Tweets, Says SEC

Last year, the U.S. Securities and Exchange Commission (SEC) told Tesla CEO Elon Musk that his use of Twitter had violated a court-ordered policy requiring his tweets to be preapproved by company lawyers, according to the Wall Street Journal. The news also comes after Musk settled an enforcement in 2018, which alleged that Musk had […]

Tesla’s Trademark Registration Now Includes Restaurant Services

Tesla’s services are gaining a larger and larger reach each year, but a new update may come as a surprise to some fans of the electric vehicle (EV) company and brand. The company updated its Trademark on Tuesday to include various types of restaurant services, including traditional restaurants, pop-up restaurants, self-service restaurants, take-out restaurants. The […]

Germany to Subsidize SpaceX Starlink Hardware for Rural Residents

German officials are creating subsidies to help users purchase SpaceX’s Starlink internet hardware, according to a Monday statement from the country’s transport ministry. As reported by Reuters, the German transport ministry has created subsidies for wireless internet companies like radio links and satellite internet – including the low-Earth orbit (LEO) satellite dish hardware needed for […]

7-Eleven is Installing 500 EV Chargers By the End of 2022

As talk of electric cars continues to surge, companies of all sorts are looking to help expand the charging network, with one company planning a huge charging infrastructure expansion of its own. In a press release on Tuesday, 7-Eleven announced plans to install 500 new electric vehicle (EV) chargers across 250 U.S. and Canada locations […]

Citi Increases NIO Price Target, Citing EV Demand in China

Earlier this year, NIO and Xpeng were called Tesla’s best rivals for global market share, and in a new update, one firm has upgraded NIO’s price target and rating. Shares of NIO rose up to 4% on Tuesday after Citi changed its rating on the stock to “buy” from “neutral,” as well as changing the […]

AMD Confirms Tesla Model S/X Refresh to Use its Graphics Chips

Following last year’s rumors that Tesla was considering AMD for its next Graphics Processing Unit (GPU), AMD has now confirmed the news, according to a new report. On Tuesday, during AMD’s Computex keynote, CEO Lisa Su confirmed that new Tesla Model S and X refresh will include the company’s AMD APU, a Ryzen processing chip […]