Tesla, the leading American electric vehicle manufacturer, has seen its shares skyrocket by around 7%, following a successful quarter of deliveries. This robust performance attests to the success of CEO Elon Musk’s strategy of expanding volumes via discounts. The spike…
In an exciting turn of events, Tesla has announced record-breaking vehicle deliveries for the second quarter of this year. This follows the company’s strategic decision to lower prices to compete with other manufacturers, stimulating increased sales. Tesla has cut prices…
Kentucky is trailblazing in the world of electric vehicles. The state is now demanding that all charging companies include Tesla’s plug to participate in a state initiative. This project, which leverages federal funds, aims to electrify highways. Kentucky’s move makes…
Electric vehicle (EV) industry pioneer, Tesla Inc., is due to release its second-quarter sales and production figures in the next few days. This anticipation comes as the company’s stock battles to sustain its momentum after an exceptional surge earlier this…
The buzz around Tesla’s charging standard has been making waves, and not everyone is on board. Lucid Group’s CEO Peter Rawlinson, previously involved in Tesla’s Model S design, is raising questions. While Tesla is urging other automakers to adopt their…
Tesla, the leading electric vehicle (EV) manufacturer, may be faced with a bumpy road ahead. Senior Research Analyst at Bernstein, Toni Sacconaghi, suggests that the automaker might be compelled to decrease its car prices yet again to stimulate demand, given…
Volkswagen’s unit, Electrify America, announced its plans to adopt Tesla’s North American Charging Standard (NACS) connector by 2025. The addition will broaden its electric vehicle charging network across the U.S. and Canada. As it transitions, Electrify America reportedly assured it…
Volkswagen is courting the idea of embracing Tesla’s North American Charging Standard (NACS), putting it in the ranks of auto giants like Ford and General Motors. Tesla’s charging design, already gaining momentum in the industry, could soon secure another major…
Despite encroaching competition in the colossal auto market of China, Tesla is poised to set a new record for its quarterly sales, with expectations set around 155,000 vehicles for April to June. This robust growth signifies a 13% increase from…
Tesla, the leading electric vehicle (EV) manufacturer, is preparing to transition its Full Self-Driving (FSD) software from its current beta status with the release of its Version 12 update. This bold move was revealed by the company’s CEO, Elon Musk,…
In a surprising turn of events, Tesla has ventured into the realm of online advertising. Long known for its aversion to traditional marketing methods, the company has initiated 18 advertisements on Google, an action that signifies a shift in strategy.…
Zeekr, the electric vehicle (EV) subsidiary of Geely Automobile, is pushing into the European market with two of its premium electric vehicles now available for pre-order in Sweden and the Netherlands. Customers can anticipate delivery of the Zeekr 001 estate…
Stellantis, a global powerhouse in the auto industry, is set to soothe ‘charging anxiety’ with the launch of a new ‘Charging & Energy’ business unit. This fresh enterprise has ambitious plans to streamline electric vehicle usage and make the most…
In a move that set Ford Motor’s stock on the upswing, the U.S. government recently committed billions to aid the Detroit-based car manufacturer in its shift to electric vehicles. The U.S. Energy Department revealed a conditional loan of $9.2 billion…
Volkswagen, the German automaker, is gearing up to incorporate silicon carbide (SiC) chips into its electric cars for the first time, according to a recent report by The Pioneer. This innovation is set to debut this year and promises to…
An interesting development has surfaced in the world of electric vehicles as Tesla grapples with a potential demand issue for one of its star models. It’s a situation that warrants the attention of investors and the auto industry alike. Recent…
Tesla’s North American Charging Standard (NACS) might just gain another partner in the auto industry. Hyundai’s CEO, Jaehoon Chang, recently stated that the South Korean automaker is seriously contemplating the adoption of the NACS for its vehicles. This revelation comes…
In a surprising move, Tesla has granted a unique glimpse into its Supercharger monitoring system, an essential tool as the company’s electric vehicle charging network expands. Once upon a time, a few lucky Tesla drivers had access to Supercharger monitoring…
In a significant move, Rivian, the American electric vehicle manufacturer, has joined the ranks of Ford and General Motors in adopting Tesla’s charging standard known as the North American Charging Standard (NACS). This key decision comes on the heels of…
Last Wednesday, a Tesla vehicle collided with a Fremont Fire Engine on Interstate-680 in Fremont, marking the latest in a series of recent Tesla-related accidents, according to the California Highway Patrol (CHP). The Tesla reportedly crashed into the fire truck…
Known for unearthing undisclosed Tesla features, Tesla hacker @GreenTheOnly has recently stirred the Tesla community with a remarkable discovery. His Twitter reveal uncovers a unique facet of Tesla’s Full Self-Driving (FSD) Beta software, cryptically named ‘Elon Mode’. ‘Elon Mode’ represents…
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…
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…
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…
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…
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…
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…
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…
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, 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…
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