Tesla Hits Another All-Time High, Valuation Nears Facebook

Tesla’s stock price continues to rally, and on Wednesday during intra-day trading, it touched a new all-time high of $774 per share. Tesla’s market cap currently stands at $725 billion, and is approaching the valuation of Facebook and its $754 billion market cap. With Morgan Stanley raising Tesla’s price target to $810, plus Democrats taking […]

GM to Produce Electric Vehicles for Honda and Acura in Tennesse

According to Automotive News (via Jalopnik), General Motors (GM) will begin building electric vehicles (EVs) for both Honda and Acura within the next four years. Both are set to be battery-electric vehicles (BEVs) and will join the ranks of the company’s other builds for its own Buick, Chevy, Cadillac, and GMC brands. After a successful […]

BYD EV Automaker, Backed by Warren Buffet, is Outselling Rivals in China

China makes up the world’s largest auto market, so what’s happening in the country with vehicle manufacturers will influence what happens in the world’s transition to zero-emission vehicles. On Wednesday, it was reported that automaker BYD is outselling most of China’s other electric vehicle (EV) startups, in spite of a nearly 11% decrease in the […]

Germans Divided Over Tesla Gigafactory Berlin’s Environmental Impact

Tesla’s Gigafactory Berlin is under fire from environmental activists, according to the Guardian, especially after being ordered to halt building following the company’s choice to remove trees and build without the proper licensing. Local residents of the Berlin suburb of Grünheide, where the factory is being built, are split on whether Tesla should be able […]

Tesla Rumoured to Lease 206,000 Square-Foot Building in Seattle

It appears Tesla may be ready to expand its presence in the Seattle area. According to the Puget Sound Business Journal (via Electrek), Tesla may be in the process of building a new location in a large warehouse, about 40 minutes north of Seattle in Lakewood. At the site are two separate warehouse spaces being […]

First 2021 SpaceX Falcon 9 Launch Date: Jan. 7 Turksat 5A Mission

SpaceX is set for its first Falcon 9 launch of 2021 this Thursday, January 7. The payload within Falcon 9 will be a Turkish communications satellite, the Turksat 5A, taking place at Cape Canaveral Space Force Station Space Launch Complex 40 in Florida. The launch window begins at 8:28 p.m. ET on Thursday evening and […]

Elon Musk Closing in on Jeff Bezos to Become World’s Richest Person

Tesla CEO and billionaire entrepreneur Elon Musk has been acquiring wealth like crazy over the past year. Now, according to Bloomberg’s billionaire index, he’s inching ever closer to surpassing Amazon CEO Jeff Bezos as the world’s richest person. With a net worth of $175 billion dollars, Musk is not far behind Bezos’ $186 billion dollars, […]

Norway Electric Vehicle Sales Took 54% of All New Car Sales in 2020

Zero-emissions vehicles are taking the world by storm, and not even traditional gas car companies can stop it. Sales of electric vehicles (EVs) reached a record high of 54% of all new vehicle sales in Norway in 2020, according to Market Watch. While it’s certainly good news, it’s not all good, especially for the Tesla […]

Bentley Bentayga Hybrid SUV Unveiled for the U.S., Canada, China

After recent announcements from Bentley to go hybrid by 2026, and completely electric by 2030, it’s become clear that production will need to kick into high-gear to reach the company’s goals. However, it’s already made its first stride in that direction, set to begin this year. On Monday, Bentley announced its newest addition to its […]