Tesla Sparks Sales Surge with Price Plunge on Model S, X
As we approach the end of the second quarter, Tesla ramps up its game, dishing out an array of attractive discounts on select inventory vehicles. Among these offerings, the price tags on Model S and Model X cars have plummeted…
Tesla’s Triumph in Florida’s Direct-Sale Ban
Florida Governor Ron DeSantis recently enacted legislation that further reinforces the prohibition on direct-to-consumer car sales. However, a distinct exception has been made for Tesla. The law, known as HB 637, restricts any automaker that has ever operated through a…
Adventure Awaits with Rivian’s R2 Launch
Rivian is gearing up for an exciting start to 2024 with the unveiling of their eagerly awaited R2 vehicle. The company’s CFO has given a thumbs-up to this timeline during the Deutsche Bank’s Global Auto Industry Conference, making the launch…
Recall Unveils Tesla’s Semi Production Puzzle
Tesla is back in the news again, this time for issuing a new voluntary recall for its Semi model. This isn’t a significant concern, though. It’s just a software update meant to fix a glitch with the side door warning…
Tesla’s Charging Network Becomes Gold Standard
The tables are turning in the EV charging world as major car manufacturers General Motors and Ford have opened up to Tesla’s charging network. This move could set Elon Musk’s brainchild’s superchargers as the new industry standard. Tesla’s North American…
Rivian Takes Charge with Direct Sales Experiment
The electric vehicle innovator, Rivian Automotive, is shifting gears by embracing a unique approach to sell off its surplus of R1T electric pickup trucks. In a bold move, the company is inviting potential buyers to visit its factory parking lot…
Tesla’s Value Skyrockets on Robo-Taxis Promise
RBC Capital Markets analysts predict a potential leap of over $150 billion in Tesla’s market value, spurred by the rising demand for robo-taxis. The self-driving taxi, which may drastically change society, could constitute over 70% of the electric vehicle titan’s…
US Races to Second Place in Global EV Market
In a remarkable turn of events, the US has claimed the second spot in the global electric vehicle (EV) market, trailing only behind China. Counterpoint reports that the first quarter of 2023 saw American EV sales leap a staggering 79…
No More Gas-Only Cars from Stellantis in 14 States
In a surprising development, Stellantis, a key player in the global automobile industry, has ceased delivering exclusively gas-fueled vehicles to 14 U.S. states. The cars delivered will now exclusively be hybrids, but only if the customer orders them. This news…
Stellantis Plugs Into EV Boom with Citroën e-C3
Stellantis, one of the world’s top auto manufacturers, is set to unveil its first affordable, European-made electric vehicle (EV) this October. The Citroën e-C3, designed with a 320-kilometer (200 mile) range and the ability to fast charge in under an…
Tesla’s Charging Empire Could Supercharge Shares
Morgan Stanley has done the math on Tesla’s plan to open its Supercharger network to other automakers, a move that could transform the electric vehicle maker into the future’s dominant “filling station.” The analysis takes into account Tesla’s unique combination…
Tesla’s Direct Sales Ambition Blocked in Louisiana
Tesla’s mission to overturn Louisiana’s ban on direct car sales suffered a setback when a federal court dismissed the electric car maker’s complaint, reports Reuters. Tesla had taken legal action against Louisiana’s rule that prevented it from selling its vehicles…
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