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The electric vehicle world is buzzing with anticipation as rumors swirl about a potential refresh of Tesla’s popular Model Y. According to recent reports from Forbes, speculation is intensifying about the future of this top-selling EV in the U.S. market. Current Status and Speculation The Model Y, unveiled in 2019, has become one of the…
Tesla, the electric vehicle giant, is facing a significant decline in new car registrations in California, according to Business Insider. This downturn marks a potential shift in the EV landscape of the Golden State, long considered a stronghold for Elon Musk’s company. The EV Numbers Tell a Story The second quarter of this year saw…
Tesla, the electric vehicle giant, is facing headwinds in California. According to Reuters, Tesla’s car registrations in the Golden State dropped 24% in the second quarter of 2024, marking the third consecutive quarter of declining sales in this crucial market. EV Demand Softens Amid Economic Pressures The slump in Tesla’s California registrations points to broader…
Self-Driving Tesla Crashes into Parked Patrol Vehicle A Tesla Model S in self-driving mode crashed into a parked police car in Orange County, California, on the same day Elon Musk’s substantial pay package was approved at Tesla’s annual shareholders meeting in Austin, Texas. Tesla Model S Incident Details Early Thursday morning, a Fullerton Police Department…
Musk’s Lucrative Compensation Plan Gets Green Light Tesla shareholders have reaffirmed a massive $45 billion pay package for CEO Elon Musk, overturning a court decision that blocked the award. The vote, which took place at Tesla’s annual meeting in Austin, Texas, signals strong shareholder confidence in Musk’s leadership despite ongoing controversies and legal battles, reported…
Tesla is giving some lucky shareholders an inside look at its Gigafactory Texas. The company recently announced it would offer this unique tour to randomly selected shareholders who participated in a recent vote. Exclusive Invite to Giga Texas Just weeks ago, Tesla revealed that shareholders who voted their shares would have a shot at a…
Tesla’s CEO Elon Musk has clarified that the company will not launch a refreshed Model Y this year, despite continuous improvements to the vehicle’s design and performance, reports Reuters. Musk’s Announcement On Saturday, Elon Musk took to social media platform X to announce that a refreshed Model Y would not be released this year. “No…
New Rule Requires 65 MPG by 2031 The Biden administration announced new vehicle fuel mileage standards on Friday, aiming to transform the American auto market towards electric vehicles (E.V.s). By 2031, automakers must achieve an average of 65 miles per gallon across all models, reports The NY Times. Pushing for Electric Vehicles This new regulation,…
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