SEC to Probe Nikola Over Claims it Deceived Investors, Shares Fall In Motion After Hours
Despite Nikola Corp’s attempts to defend itself today, in response to a short-seller’s allegations the company deceived investors, the U.S. Securities and Exchange Commission is now probing the electric vehicle maker, according to unnamed sources speaking to Bloomberg. Hindenburg Research called out Nikola as an “intricate fraud” on last week, citing the company had overstated […]
Tesla 2020.36.10 Software Update Rolling Out to the U.S. and More
Tesla has started rolling out its 2020.36.10 software update to vehicles in the United States, Canada and more. Software version 2020.36.10 was just detected on a Tesla Model 3 Long Range DM in Germany on https://t.co/uh4cmi9Zso. Follow the release at https://t.co/oux3oQvkeU — TeslaFi (@teslafi) September 10, 2020 The software update was first released back on […]
Tesla Shares Rebound 11% as Part of Tech Rally and Goldman Sachs Comments
Shares of Tesla have jumped 11% on Monday, as part of a larger tech sector rally and also a positive research note from Goldman Sachs. According to CNBC, Goldman Sachs said demand for Tesla is increasing in China, saying, “Tesla global weekly app downloads have recently been tracking up on a year-over-year basis, with the most […]
Tesla “Definitely Not” Developing Smartwatch Says Elon Musk, Crushing Rumor
Tesla CEO Elon Musk has crushed a rumor that the company was working with partners to develop a smartwatch. Responding to CleanTechnica on Twitter, Musk said, “Definitely not. Smartwatches & phones are yesterday’s technology, Neuralinks are the future.” The original story from cited Idahoreporter and the CEO of Huami Technology, claiming Tesla was set to […]
43 New Electric Vehicle Chargers Coming to Peel Region in Canada
The Government of Canada has announced it will be investing $207,000 CAD to build 43 new electric vehicle chargers for the Region of Peel, located in Ontario. The announcement came from Natural Resources Canada, noting the Zero-Emission Vehicle Infrastructure Program (ZEVIP) investment is part of the country’s commitment to hit net-zero emissions by 2050. “Zero-emission vehicles are key […]
Tesla Spent $0 on Advertising in 2019, Unlike Traditional Automakers
In 2020, there’s no shortage of advertising in our daily life. So when a major company decides not to advertise, it can be pretty surprising. Surprisingly or not, Tesla spent $0 in advertisements in 2019, according to a report by Tesmanian, sharing data compiled by Statista. This figure is compared to others like Hyundai, Lincoln, […]
Tesla Model 3 Getting Heat Pump According to Chinese Supplier
Especially right now, before the electric vehicle (EV) market has expanded to reach its full potential, it feels like parts and models are constantly changing and improving. According to a document released by Chinese heat pump supplier, Aotecar, Tesla is ordering several thousand heat pumps for its Model 3s. The news was shared on Sunday […]
Tesla Inclusion in S&P 500 Could Come Based on Merger Activity by Others
Tesla (TSLA) fans, no need to dismay over the company being snubbed by the S&P 500 index committee just yet – hope isn’t lost for the electric vehicle (EV) giant’s inclusion. As reported by Reuters, Tesla could still be included in the S&P 500, especially with any merger activity, which is historically what causes most […]
Nikola Admits Promo Truck Used Third-Party Equipment
Last week, Hindenburg Research made scathing remarks about Nikola, calling them a fraud of a company. This week, Nikola has released its rebuttal. On Monday, Nikola Motors shared a press release that claims to set the record straight on Hindenburg’s “false and misleading short seller report.” In it, the company argues that its use of […]
Tesla Model 3 in China to Get Power Trunk, New Headlights, Tail Lights and More: Rumour
Rumors out of China claim the Tesla Model 3 manufactured in the country is set to apparently gain new improvements and upgrades. According to @Tesla__Mania, a Weibo post claims the following upgrades to the made in China Model 3: New steering wheel Center console 2.0 (whatever this means) New headlights and tail lights Power lift […]
Tesla Supercharger Bug Lets Other EVs Charge for Free in Europe
Free Tesla Supercharging for your non-Tesla electric vehicle? Sure, why not? This appears to be the case in Europe at V3 Tesla Superchargers, according to Nextmove. A flaw at Tesla V3 Superchargers in Europe are allowing EVs with the CCS2 charging plug standard top up for free. Apparently the authentication factor isn’t working as usual […]
Tesla’s Model X/Y Hitch Rack is Back in Stock Online for $600
If you’re looking to buy a Hitch Rack for your Tesla Model Y or X, it’s now back in stock online from Tesla’s online store. “Designed exclusively for Tesla, the Model X/Y Hitch Rack is a premium tilt-down hitch rack that comes fully assembled out of the box. Installation is a breeze with the AutoPin […]
Tesla Autopilot Rewrite Private Beta Coming in 2-4 Weeks Says Elon Musk
Tesla CEO Elon Musk says the major rewrite to the company’s Autopilot software will release a private beta in 2-4 weeks, with a public beta to follow, ahead of a full U.S. rollout in December of this year. “Releasing private beta in 2 to 4 weeks, public beta (early access owners who opt in) 4 […]
TeslaFi Back Online with Temporary Fix as Tesla Blocks Cloud Services IPs
Earlier this week, it appears Tesla started to block connections to its API from IP services from major cloud services such as Amazon AWS, Google and Microsoft Azure. The change meant third party services such as TeslaFi, which tracks vehicle stats for Tesla owners, went down. TeslaFi shared an update on the situation with Tesla […]
You Can Now Buy a Tesla Model Y Gemini Wheel Cap Kit for $50
For Tesla Model Y owners with 19-inch Gemini wheels, you can now take off the aero caps and proudly display the wheels underneath with Tesla’s Gemini Wheel Cap Kit, available for $50 USD in their online store. “For drivers who want to display the visually striking design hidden under the Gemini wheel cap. The Gemini […]