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 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…
Electric Vehicle (EV) startups such as Nikola and Lordstown Motors are racing ahead, leaving a blazing trail on the stock market. Without an obvious reason or catalyst, these startups, often struggling with cash, are recording considerable weekly gains. Many attribute…
In a bold move to cement its position in the electric vehicle industry, China’s Xpeng Inc broadened its self-driving capabilities to Beijing on Thursday. This step marks another milestone in the wider deployment of its City Navigation Guided Pilot (City…
In a move to boost its retail presence, Rivian has launched ‘Spaces’, a series of unique retail and experiential locations in the US and Canada. The Spaces, as they are called, are places where customers can have hands-on interactions with…
Elon Musk’s electric vehicle charging technology is reshaping the landscape, potentially threatening one of President Biden’s key climate policies. Surprise agreements from automotive giants Ford and General Motors to adopt Tesla’s charging standard have tipped the scales towards a new…
In a bid to shift Model 3 inventory ahead of the quarter’s end, Tesla is offering customers three months of free Supercharging. According to the company’s website, to snag the deal, buyers must take delivery of the Model 3 sedan…
Investors of electric vehicle manufacturers, Rivian Automotive and Lucid Group, are grappling with another hiccup. However, this time, it might not be a significant worry. Rivian, also recognized as RIVN on the stock market, is on its way out of…
Despite cutting back on hiring and Saturday shifts, Tesla’s German plant is still set to hit its production targets, the company confirmed last Thursday. This follows a report from Business Insider stating Tesla had paused its aim to produce 6,000…
Tesla’s sales-record-shattering Model Y has seen a minor price hike of $250, signalling strong demand for the electric vehicle. Once priced at $47,490, the base Model Y is now selling at $47,740, as the automaker adjusts to the influx of…
The unprecedented 13-day winning streak of Tesla shares, which propelled the company’s valuation by a whopping $200 billion, met its conclusion on Wednesday. The meteoric rise, which added more than 40% to Tesla’s share value, ceased with a slight dip,…
A new sighting of Tesla’s much-anticipated Cybertruck prototype in California is causing a stir. Notably, the electric truck was seen donning camouflage, marking a first for the automaker. It left people wondering as to what Tesla is up to with…
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