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…
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…
Potentially revolutionizing the electric vehicle (EV) landscape, Nyobolt’s new concept car, featuring Lotus Elise-based design and high-speed charging technology, might to take the EV world by storm. The Elise’s original designer, Julian Thomson, worked on this exciting project, transforming the…
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…
Elon Musk‘s tech behemoth, Tesla, has received a clear invitation from France to set up its next Gigafactory on French soil. The invitation was made public by France’s Digital Minister Jean-Noel Barrot as President Emmanuel Macron prepares for his second…
Tesla’s Giga Berlin plant has achieved a significant and vibrant milestone with the production of its Model Y in all five offered colors, including the latest addition of Deep Blue Metallic. This achievement comes just 15 months after the factory…
Car enthusiasts who feel that electric vehicles lack the thrilling sound that an internal combustion engine produces have often criticized them. They argue that cars, such as the Tesla Model 3 Performance, are devoid of the ‘soul’ that comes from…
In a new snippet shared today, Tesla provides guidance on effortless road tripping powered by its supercharging network. Home to over 45,000 Superchargers, Tesla boasts the world’s largest fast charging network, strategically positioned to cater to electric vehicle owners. These…
Tesla continues to redefine its user experience, with its latest software update, version 2023.20.4.1, which is currently making its way to the public, with a reported 2% adoption rate. This update, though seemingly minor, brings an array of enhancements designed…
An industry body, CharIN, which supports the Combined Charging System (CCS) for electrified vehicles, has expressed its perspective on Tesla‘s proprietary charging connector. According to the body, the Tesla model is not standardized and lacks an open charging ecosystem for…
Before you sign on the dotted line for a used 2021 Tesla Model Y, there are certain malfunctions you should be aware of. This electric SUV, while a crowd favorite, has some persisting issues, despite Tesla‘s innovative over-the-air (OTA) updates.…
In a shocking revelation, a recent analysis has unveiled a series of accidents involving Tesla vehicles using Autopilot mode, bringing to light potential safety concerns. According to The Washington Post, their scrutiny of the National Highway Traffic Safety Administration data…
In an electrifying twist, General Motors (GM) has indicated a potential resurgence of its popular Chevy Bolt, a notable rival to Tesla’s electric vehicles. The Bolt might be off the shelves only temporarily, stirring excitement among electric vehicle (EV) enthusiasts.…
In the heart of California, the Tesla Model 3 may be more affordable than the average sedan. An entry-level Tesla Model 3, tagged at $40,240, may now be acquired by Californians for a steal, thanks to a stack of state…
In a step forward for electric vehicles, the Tesla Owners Club of New York celebrated the grand opening of their new Tesla Gallery and Service Center in Henrietta, NY this past Saturday. This standalone, 30,000-square-foot facility is set to expand…
Electric vehicles (EVs) from General Motors (GM) are set to plug into Tesla’s extensive charging network starting early next year. Following suit with Ford, GM will adopt Tesla‘s connector, the essential plug that links an EV to a charging station.…
One of the most eagerly anticipated electric vehicles, the Tesla Cybertruck, has hit a few potholes on its journey to the production line. Details from an engineering report, leaked by a whistleblower in early 2022, suggest that the futuristic pickup…
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