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Tesla has officially canceled the Cybertruck Range Extender, a decision that has sparked discussions among electric vehicle (EV) enthusiasts. According to a post on X by user Drake (@TheRealDriZzy), Tesla informed customers via email that the company will no longer sell the Range Extender and will refund deposits in full, leaving many to question the…
In a striking shift, Tesla’s battery storage division in Australia generated more revenue than its electric vehicle (EV) sales in 2024, highlighting the growing role of energy storage in the company’s portfolio. According to Tesla Motors Australia’s annual report filed with the Australian Securities and Exchange Commission, total revenue reached $5.1 billion, with battery storage…
Ford Motor has increased prices on three of its Mexico-produced electric vehicles (EVs), including the Mustang Mach-E, due to tariffs imposed by U.S. President Donald Trump. The automaker announced the price hikes on May 7, 2025, citing mid-year pricing adjustments and the economic pressures of the tariffs, according to a Reuters report. This move signals…
Tesla’s push to trademark “Robotaxi” and “Cybercab” for its autonomous electric vehicles (EVs) hit a roadblock as the U.S. Patent and Trademark Office (USPTO) rejected the “Robotaxi” vehicle trademark for being too generic, according to a TechCrunch report. The decision, issued on May 6, 2025, highlights challenges for Tesla’s branding strategy as it gears up…
On May 7, 2025, Tesla announced a significant perk for Cybertruck owners, offering a free 1-year trial of Full Self-Driving (FSD) Supervised, as shared by Sawyer Merritt on X. This move highlights Tesla’s push to advance autonomous driving technology in its electric vehicles (EVs), particularly for early adopters of the rugged Cybertruck. Technology Updates: FSD…
Tesla has launched the Model Y Long Range Rear-Wheel Drive (RWD) in the U.S., offering an impressive EPA-estimated range of 357 miles and a starting price of $44,990, which drops to $37,490 after a $7,500 federal EV tax credit. Announced by Sawyer Merritt on X, this new variant brings upgraded features and performance, making it…
On May 7, 2025, Northland Power Inc. announced the commercial operation of the Oneida Energy Storage Project, Canada’s largest battery energy storage system, located in Haldimand County, Ontario. This 250 MW / 1,000 MWh facility, completed ahead of schedule and under budget, strengthens grid reliability and supports the growing electric vehicle (EV) ecosystem by storing…
Legendary investor Bill Miller recently shared his insights on the electric vehicle (EV) market, stating that Tesla’s current valuation doesn’t justify its price while praising BYD’s advancements in self-driving technology. In a MarketWatch report, Miller, known for beating the S&P 500 for 15 consecutive years, highlighted why he’s cautious about Tesla and optimistic about competitors…
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