Tesla May Become One of the Most Valuable Software Companies: UBS

Tesla has been dominating the electric vehicle (EV) space as one of the few auto companies to offer a full lineup of zero-emissions cars. And according to the Union Bank of Switzerland (UBS), it could soon become one of the world’s most valuable software companies. UBS analyst Patrick Hummel wrote in a study published Wednesday […]

Tesla Closes Store on Robson Street in Vancouver, BC, Forever

Image via Daily Hive Tesla has closed one of its most visible storefronts in Vancouver, British Columbia, Canada. The Tesla showroom on Robson Street, a famous shopping destination in the heart of downtown Vancouver, has permanently closed, reports Daily Hive. The store was first opened back in 2014 and was Tesla’s second Canadian showroom and […]

SpaceX Starship SN10 Test Flight Pegged for Wednesday, March 3

Image via @Erdayastronaut SpaceX looks ready to launch its Starship SN10 prototype for a test flight on Wednesday, March 3, 2021. According to @BocaChicaGal, residents in the area of Texas have been asked to evacuate the area tomorrow. “Happy to let y’all know that I have been asked to evacuate for Starship SN10 launch attempt […]

SpaceX Moves Falcon 9 Starlink Launch to Thursday, March 4

Yesterday, SpaceX announced it was delaying its Falcon 9 Starlink satellite launch to Tuesday. However, earlier today, SpaceX says it has now pushed back the Starlink launch to Thursday, at the earliest. Now targeting no earlier than Thursday, March 4 for launch of Starlink due to a Range conflict and unfavorable launch and recovery weather […]

Russia Says Elon Musk Never Responded to Follow-Up Over Clubhouse Invite

Last month, Tesla CEO Elon Musk invited Russian President Vladimir Putin to chat with him on the popular audio app, Clubhouse. At the time, the Kremlin said it Musk’s invite was “interesting” but it needed more time to consider the request. Now, according to Bloomberg, the Kremlin says it believes Musk’s invite was a “misunderstanding”, […]

Tesla’s European Market Share Falls, China Tops Global EV Race

Despite being a global top-seller in 2020, some experts have suggested that Tesla’s electric vehicle (EV) sales may be on the decline. Tesla’s market share in Europe plummeted last month, dropping by more than 5% year-over-year in January 2021, with just 1,619 registrations in Europe this year compared to 1,977 in 2020, according to automotive […]

Volvo Will Go All-Electric, Shift to Online-Only Sales by 2030

Volvo plans to sell only electric vehicles (EVs) by 2030, in an ambitious bid following increasingly-high demand for low-emissions vehicles in the auto market. As reported by Bloomberg, the Chinese-owned Swedish brand plans to unveil a line of new EVs, including the Volvo C40 Recharge announced Tuesday. In the same ambitious bid, the company also […]

China’s NIO Sees EV Production Hit By Global Chip Shortage

Electric vehicle (EV) manufacturers and Tesla rivals NIO reported an excellent fourth-quarter earlier this week, following the unveiling of its ET7 electric sedan earlier this year. On Tuesday, CNBC reported that NIO had been hit by the current shortage in semiconductor chips, which has been affecting others within the EV market in recent weeks. NIO […]