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…
Lucid Group is cutting around 400 jobs, about 6% of its workforce, as part of a restructuring plan to optimize operating expenses. The move has impacted the stock price. Lucid Job Cuts and Financial Impact Lucid Group is reducing its…
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…
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…
Boris Johnson, former UK Prime Minister, recently took a spin in a driverless Tesla around the hectic streets of Los Angeles. In his article for the Daily Mail, he shares his exhilarating experience, shedding light on the safety, innovation, and…
Sales of used Tesla Model Y cars are surging as their prices fall significantly. The trend reflects a broader shift in the electric vehicle (EV) market, where both new and used EV inventories are increasing, leading to lower prices and…
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.…
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…
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…
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…
Tesla has reportedly unveiled an enticing new promotion in China, giving prospective buyers of Model 3 and Model Y the choice between a zero-interest financing option and a zero-down payment plan. This offer, valid until June 30th, is designed to…
Tesla has just released a new set of accessories for its much-hyped Cybertruck. The new additions include a spare tire and tool kit, mud flaps, underseat storage bin, and D-rings. These accessories come with varied price tags and cater to…
High Hopes and Heavy Losses In 2021, car rental giant Hertz made headlines with its bold move to purchase 30,000 Tesla vehicles. This decision came at a time when Tesla’s stock was soaring, and electric vehicles (EVs) were hailed as…
New US Tariffs on Chinese EVs: A Setback for Carbon Neutrality Chinese electric vehicle (EV) manufacturer Xpeng has voiced concerns over the recent U.S. tariffs on Chinese EVs, calling them a significant hurdle to achieving global carbon neutrality and advancing…
A recent ruling has propelled Tesla into the legal spotlight as a federal judge determined that the company must face a lawsuit alleging fraudulent claims about its self-driving capabilities. The case, brought by California resident Thomas LoSavio, centers on statements…
A Surprising Turn of Events Last month, Tesla’s electric-vehicle charging division faced a dramatic upheaval. What began with high hopes for expansion led to mass layoffs, shocking the industry. Reuters investigated the series of events and their potential impact on…
A tiny, low-priced electric vehicle (EV) from China, named the Seagull, has American automakers and politicians on edge. Launched last year by Chinese automaker BYD, the Seagull offers impressive craftsmanship at a fraction of the cost of its U.S. counterparts,…
Lucid Motors, known for its premium electric vehicles (EVs), is set to introduce its third model—a midsize SUV—with a notably lower price tag in 2026. CEO Peter Rawlinson reportedly confirmed the plan during the company’s recent first-quarter investor call, highlighting…
Tesla has recently set up an impressive display featuring the upgraded Model 3 Performance and the much-anticipated Cybertruck at a mobility expo in Macau. This exhibition took place at the Car, Sky, and Vehicle Expo held at the Venetian Cotai…
Tesla has launched a new Supercharger station in Montgomery, Pennsylvania, featuring 12 high-speed charging ports capable of up to 250kW each. Located at Sheetz on 5676 US-15, this addition is part of Tesla’s aggressive expansion of its Supercharger network across…
BP’s Interest in Tesla’s Charging Network Oil giant BP is reportedly setting its sights on acquiring Tesla’s Supercharger facilities, a strategic move that could significantly alter the landscape of electric vehicle (EV) infrastructure. This interest arises in the aftermath of…
At the recent Financial Times’ Future of the Car Summit, Lucid CEO Peter Rawlinson delivered a nuanced view on the electric vehicle (EV) landscape. He acknowledged the significant strides Chinese automakers like BYD have made, yet he emphasized that they…
Tesla has agreed to recall nearly 4,000 of its recently launched Cybertruck pickups due to a defect in the accelerator pedal that could cause unintended acceleration, increasing the risk of accidents, according to the National Highway Traffic Safety Administration (NHTSA).…
Tesla’s Berlin Gigafactory: A Revolution in Car Making Tesla has once again set the bar high with its Gigafactory in Berlin, a $5.5 billion investment that’s shaping the future of the automotive industry. Through an engaging new video released by…
In an electrifying display of innovation and speed, the Tesla Model S Plaid, a pinnacle of electric vehicle engineering, faced off against an unprecedented challenger: the world’s fastest camera drone, designed by Dutch Drone Gods for Red Bull. This wasn’t…
In this article, we explore the elegance and enhancement of the latest Tesla Model 3, focusing on its refined exterior design and various safety improvements. As we delve deeper into the sleek yet functional aesthetics, it becomes apparent that this…
The Decline of EV Sales and Challenges Ahead In Germany, the ambitious dream of having 15 million electric vehicles (EVs) on the road by 2030 is facing significant challenges. The once-booming EV market is now grappling with a predicted 14%…
In a significant development for electric vehicle enthusiasts, Tesla has launched the redesigned ‘Highland’ Model 3 in North America. This move, reported by Reuters, marks a pivotal moment for Tesla’s Model 3, which had previously seen successful launches in China…
Expanding Color Options for Tesla Owners Tesla, the trailblazer in electric vehicles, has recently updated its car wrap offerings, introducing a more affordable pricing structure and adding a new color, ‘Satin Abbyss Blue’, for Model 3 and Model Y owners.…
Updated Federal Tax Credit Alters Tesla’s EV Landscape The U.S. Treasury’s recent update on the federal electric vehicle (EV) tax credit, effective from January 2024, has reshaped the attractiveness of Tesla’s Model 3 configurations. With changes in eligibility, Tesla’s Model…
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