Tesla-Hertz Deal is a ‘Win-Win’ for Both Companies, Says Hedge Fund Manager
Following the announcement of Tesla’s 100,000 Hertz cars in a $4.2 billion USD deal, the U.S. automaker’s shares rose significantly, and one analyst says the move was mutually beneficial for both Tesla and Hertz. Tesla’s Hertz deal was called a “major win-win” by DataTrek Research Co-Founder Nicholas Colas, according to Yahoo Finance. Colas said the […]
Tesla 2021.36.8 Software Update Brings Sentry Mode Live Camera Access
The reveal of Tesla’s Dashcam Live Streaming interface last week only hinted at the potential for a Live Camera Access mode, but a new update shows that the feature is now operational. Tesla has unveiled its Sentry Mode Live Camera Access mode, according to a photo shared by @Sawyer Merritt on Wednesday. The update allows […]
First Lucid Air Customer Deliveries Confirmed for October 30
Following Lucid Motors event invites sent to Lucid Air Dream Edition reservation holders yesterday, the company has now publicly confirmed its plans to deliver its first units as soon as this week. Lucid Motors confirmed on Wednesday its plans to deliver the first Lucid Air Dream Edition units on October 30, said the company in […]
SpaceX to Flush Away Toilet Issues in Crew Dragon Ahead of Sunday Launch
In a recent meeting, SpaceX head Elon Musk said that the company’s toilets aboard the Dragon spacecraft were set to be upgraded before the next mission, and per a new report, the company is indeed set to fix an issue with the unit ahead of its next launch. SpaceX will reportedly fix the Crew Dragon […]
Hertz to Offer Uber Drivers Tesla Rentals from $334/week
After announcing it ordered 100,000 Tesla Model 3 electric vehicles for its rental fleet, Hertz has now partnered with Uber in a new deal for ridesharing drivers. Uber announced on Wednesday Hertz will offer up to 50,000 of its Tesla fleet exclusively for its drivers to rent by 2023, in the United States. “This is […]
Tesla Increases Price of Model S and Model X in China
After increasing its prices in Canada and the USA, Tesla has now bumped up the price of its entry Model S and Model X vehicles in China. As noted by @42how_, the price of both the Long Range Model S and Model X have increased by RMB 30,000 ($4,698 USD). The new prices are below: […]
Tesla FSD Beta 10.3.1 Test Drive: Orlando Airport Construction Zone [VIDEO]
Tesla Full Self-Driving (FSD) beta 10.3.1 beta tester Chuck Cook has shared a new video of his experience with the electric automaker’s latest version of its test software. Cook’s latest video drives his Tesla running FSD beta 10.3.1 through an Orlando Airport construction zone. He also tests the car against a blinking yellow left and […]
NIO Surpasses BYD as Most Valuable Car Brand in China, Says Hurun Report
Amidst increasing competition in the world’s largest auto market, Chinese electric vehicle (EV) startup NIO has continued to increase its sales in the region, recently surpassing another automaker as the most valuable brand. NIO replaced BYD as the most valuable automaker in China, as its brand value rose a whopping 145 percent from last year, […]
New Tesla Paint Colors for Giga Berlin Revealed Inside Mobile App
Tesla updated its mobile app to version 4.2.1 for iOS users yesterday, and inside code strings, details of new paint colours coming to Giga Berlin have been revealed. According to @Tesla_App_iOS, new references to paint colors were found: Deep Crimson Multicoat Abyss Blue Multicoat Mercury Silver Metallic It’s unclear what these new paint colors will […]
GM to Build 40,000 EV Charging Stations in the U.S. and Canada
Following up on General Motors’ (GM) plans to become all-electric by 2035, the company has shared plans to build a network of electric vehicle (EV) charging stations GM announced plans on Tuesday to build 40,000 EV charging stations across the U.S. and Canada, according to Reuters. The project will be funded as a piece of […]
Tesla Releases Project Dojo Whitepaper; Technology Will Save Lives Says Musk
Tesla unveiled designs for its AI training supercomputer D1 Chip in August, and now the company has released a detailed report of the program, dubbed “Project Dojo” internally. On Tuesday, Tesla officially released a whitepaper for Project Dojo, to which @Elon Musk responded saying, “This is more important than it may seem at first.” @Musk […]
NTSB Wants Tesla to Limit Where Full Self-Driving Beta Can Operate
In a letter to Tesla CEO Elon Musk sent on Monday, U.S. National Transportation Safety Board (NTSB) head called on Tesla to fulfill past recommendations in which Tesla was asked to limit where the company’s Autopilot and Full Self-Driving system can operate, according to MarketWatch. The letter also asked Tesla to put more parameters in […]
Jaguar Land Rover to Join Tesla’s CO2 Emission Pooling in Europe
Jaguar plans to go all-electric by 2025, and with electric vehicle (EV) Land Rover variants coming as soon as 2024, and in order to do so, the company will need to significantly drop its supply chain emissions – though a new report shows that won’t happen yet this year. Jaguar Land Rover (JLR) has agreed […]
Elon Musk is Now Worth Now More than ExxonMobil
Tesla and SpaceX head Elon Musk’s net worth is now greater than the total valuation of the fossil fuel company ExxonMobil, according to CNN. With Musk’s net worth touching $289 billion USD as of Monday, ExxonMobil’s market value is only $272 billion USD, even as new EVs begin to overtake gas cars as the most […]
Tesla Surges 184% to 14th Spot in ‘Best Global Brands’ Report for 2021
Interbrand has released its 2021 Best Global Brands report, detailing the top brands worldwide, including Tesla. Elon Musk’s automaker saw the biggest leap in brand rankings, seeing its value increase by a 26-point rise to 14th spot, placing it behind Louis Vuitton and ahead of Facebook, in a 184% jump. “Tesla’s meteoric rise was achieved […]