Rivian Plans IPO for September with Nearly $50 Billion Valuation: Report
Electric vehicle automaker startup, Rivian, is planning an initial public offering (IPO) this fall, with a roughly $50 billion valuation, reports unnamed sources speaking to Bloomberg. “The company’s timeline for an initial public offering isn’t final and a listing could happen later in the year or even slip to 2022,” say sources, who noted Rivian […]
Tesla 2021.4.2 Software Update Released: What’s New
Tesla has released its 2021.4.2 software update on Tuesday evening for vehicles in the United States and Canada, as noted by @arctechinc: Yay!!! 🥳🥳🥳@Tesla update 2021.4.2 update incoming on our 2017 Model S 100D with MCUv2 upgrade and FSD computer!!! pic.twitter.com/A5mhZFZmoZ — James Locke (@arctechinc) February 10, 2021 According to @Teslascope, this 2021.4.2 software update […]
2022 Audi E-Tron GT: Pricing, Specs and Release Date
Audi on Tuesday unveiled its fully-electric e-tron GT (Gran Turismo), revealing two models available for pre-order this month: e-tron GT quattro and the RS e-tron GT. According to Audi, the e-tron has a drag coefficient of 0.24, and has two electric motors with output of 350 kW (476 PS) or 440 kW (598 PS). Range is at 487 km (302.6 mi) and an 85 […]
Alleged Tesla Employee Claims to Have Leaked the Bitcoin Investment on Reddit Last Month [Update]
It appears a Tesla employee had loose lips and revealed the company’s recent investment in Bitcoin on Reddit—back in January. A user by the name of ‘TSLAinsider’ posted, “You heard it here first – our company just bought 800M$ USD worth of Bitcoin,” sharing the info on the r/bitcoin and r/TSLA subreddits, but the latter […]
Tesla Gigafactory Shanghai Exclusive Media Tour Gets English Subtitles [VIDEO]
Last week the world saw Tesla’s Gigafactory Shanghai on the inside for the first time ever. On Saturday, PC Auto‘s exclusive inside look at Gigafactory Shanghai was uploaded with full English subtitles by YouTube channel T-Study. The video features a tour of the factory’s assembly department as well as interviews with staff and details about […]
Sensible 4 Autonomous Driving Software Tested in Arctic Conditions [VIDEO]
Autonomous driving is the auto world’s newest hot topic, and while Tesla is currently seen as the leader with its Full Self-Driving beta software, a number of companies are throwing their hats in the ring to join the discussion. Self-driving software company Sensible 4 announced on Tuesday the results from a two-week stay in Muonio, […]
Tesla Software Update Contains New Animal Animations Says Hacker
On Tuesday, Tesla hacker @greentheonly discovered a new set of animations within Tesla’s 2020.48.35.9 update code, which seems to show a cat/dog with animation features allowing it to walk in its on-board navigation system. Green claims they have not been able to get the script to run, which will inevitably show the full animation, they […]
Tesla EV Sales in China Doubled in 2020, Making Up 21% of Revenue
Around the world, electric vehicles (EVs) are beginning to face a more widespread adoption, and leading the charge is among the world’s newest, most valuable automakers, Tesla. Tesla China’s sales doubled year-over-year in 2020, according to a filing with the US Securities and Exchange Commission (via Benzinga). In Tesla’s annual report, the company shared that […]
Tesla’s $25,000 China-Made Model to Sell Worldwide, Says Executive
Tesla ‘Model 2’ concept by Alwin Art At last year’s Battery Day event, Tesla made mention of a $25,000 (USD) electric vehicle (EV), informally dubbed the Model 2, which would become available within the next few years, according to past reports. In an interview, Tesla China President Tom Zhu told Chinese state media outlet Xinhua […]
When Will Starlink IPO? When Cash Flow Can Be Predicted ‘Reasonably Well’ Says Elon Musk
Pre-orders of SpaceX’s Starlink internet service provider (ISP) became available on a first-come, first-served basis on Monday. And with so many fans wondering when they’ll be able to use the ISP for themselves, it also begs the question: does founder Elon Musk plan to take Starlink public like he has done so with Tesla? On […]
You Can Now Buy a Tesla in Singapore, Pricing from $112,845 SGD
Tesla has officially launched sales in Singapore, following earlier reports of an imminent launch in the island nation state. Right now, Tesla only has the Model 3 available for purchase, with the latest updates and design. These vehicles will most likely be made and shipped over from Giga Shanghai in China. Tesla Model 3 pricing […]
Elon Musk’s $100 Million Carbon Capture Prize Will See 50% Go to First Place
Last month, Elon Musk announced he would be ponying up $100 million in prize money to kickstart a competition for someone to create the best carbon capture technology. As of today, details of the competition have been revealed, with Musk announcing it is being managed by non-profit XPrize, which specializes in designing and hosting competitions […]
Tesla Model Y Third Row with Rear-Facing Car Seats: How Much Room is There? [PICS]
If you’re thinking of getting a Tesla Model Y with the 7-seat configuration for your growing family, some pictures have been shared of a rear-facing car seat in both the second and third row. Rear-facing car seats are supposed to be for newborns until they are two years old, depending on their weight. The configuration […]
SpaceX Starlink Internet Pre-Orders Now Available on First-Come, First-Served Basis
SpaceX has launched pre-orders for its Starlink satellite internet service, allowing anyone to sign up and get on a waitlist, depending on location. “Starlink is targeting coverage in your area in mid to late 2021. Availability is limited. Orders will be fulfilled on a first-come, first-served basis. You will receive a notification once your Starlink […]
PlugShare Now Supports Apple CarPlay for Electric Vehicle Drivers
If your electric vehicle infotainment system supports Apple’s CarPlay, PlugShare is now compatible with the latter, as of today. According to PlugShare, the CarPlay update brings new features for your EV’s built-in display, as the app now filters out unwanted locations, but will rank them based on your needs. PlugShare says the trips you save […]