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Tesla is cutting back on Model Y production in China due to increased competition and a slowing market, according to Barron’s. This move might impact Tesla’s second-quarter delivery expectations and raises concerns about demand growth. Chinese EV Market Challenges The Chinese electric vehicle (EV) market is highly competitive and showing signs of slowing down. Through…
PepsiCo Adds 50 Tesla Semi Trucks to Fresno Fleet PepsiCo is boosting its electric vehicle lineup with 50 new Tesla Semi trucks, set to operate from its Fresno, California, facility in the coming months. Key Points “Our fleet electrification is an important part of our pep+ (PepsiCo Positive) strategy and illustrates how sustainability is a…
New Tesla Store in Stockholm Tesla has just opened a new showroom in Stockholm, Sweden, located at Sveavägen 21. The EV company shared the news on X / Twitter, inviting fans to visit and take photos. Showcasing Innovations Inside the new store, visitors can see two Optimus bots and a Tesla Cybertruck on display. This…
Tesla has introduced its next-gen home battery, the Powerwall 3, to Canada, following its initial release in the U.S. earlier this year. This launch marks Canada as the first country outside the U.S. to offer this advanced energy storage solution. The Main Upgrade The Powerwall 3 reportedly boasts significant improvements over its predecessor. It offers…
A New Era of Eco-Friendly Policing In a bold move toward sustainability and efficiency, the Anaheim Police Department has introduced six Tesla Model Y vehicles to its patrol fleet. This initiative, reportedly facilitated by Tesla’s upfitting division UP.FIT, represents a significant step in the adoption of electric vehicles (EVs) within law enforcement. These new patrol…
A Desperate Bid to Survive Electric vehicle (EV) manufacturer Fisker Inc. is closing its Manhattan Beach headquarters and relocating employees to La Palma, Orange County, as part of an effort to stave off bankruptcy. This move is coupled with a $3.5 million short-term loan to keep the company afloat while it seeks potential acquisition or…
Major Job Cuts Hit Tesla in California Tesla has announced significant layoffs in California, cutting over 600 jobs across its manufacturing and engineering sectors. These job cuts are part of a broader reduction strategy the company has been implementing this year, reports Forbes. Overview of the Layoffs Tesla plans to eliminate 601 positions at its…
New Tesla promotion in China, giving buyers of Model 3 and Y the choice between a zero-interest financing option and a zero-down payment plan.
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