Elon Musk gave an update on Tesla’s plan to bring Tesla Semi to volume production. It looks like it won’t happen for another year. Tesla unveiled the production version of its Tesla Semi class 8 electric truck and delivered the first units to customers in December 2022. It came after years of delays in the program.
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Tesla has slightly increased the price of its cheapest Model Y by $250. The delivery timeline has also been pushed – showing that Tesla is seeing strong demand for the vehicle. After consistently decreasing the price of its electric vehicles throughout the first half of the year, Tesla seems to have slowed down its price
The legendary Lotus Elise is going electric. Well, sort of. The designer behind the original Lotus Elise S1, Julian Thomson, teamed up with Nyobolt and CALLUM to create a Lotus Elise-inspired lightweight electric sports car with ultra-rapid charging (100% in under six minutes). Nyobolt reveals Lotus Elise-inspired sporty EV Based in Cambridge, England, Nyobolt is
At a recently held technical briefing, Toyota revealed plans for several new technologies, including next-gen EV batteries, aerodynamic drag reduction, and manufacturing upgrades to help transform the company in the electric era. After discovering a breakthrough, Toyota says it aims to offer solid-state state EV batteries that could potentially offer over 900 miles driving range.
Tesla’s stock (TSLA) is up more than 50% over the last month in one of the company’s best runs in value ever. Here’s an idea of why Tesla’s stock is gaining momentum. Macroeconomics has a big impact on large stocks, like Tesla, and improvements on that front have helped the automaker, but the NASDAQ is
Perhaps it was a coincidence that Porsche unveiled its Mission X concept electric vehicle a mere week after Tesla’s Model S Plaid with Track Package took the electric Nurburgring crown from the Taycan. The first bullet point in the Mission X press release was: “Be the fastest road-legal vehicle around the Nürburgring Nordschleife” Or perhaps
The iconic Volkswagen Bug may live on in the electric era after all. On Monday, Volkswagen revealed a new digital electric Beetle concept for an upcoming animated film set to hit theaters and Netflix next month. The question is, will it come alive? Will Volkswagen revive the Beetle in the electric era? Volkswagen’s Beetle attracted
Toyota shareholders are sending a clear message at the Japanese automaker’s annual meeting this year – it’s time to go electric. Several investors have mentioned they have voted or plan to vote to remove longtime leader Akio Toyoda from the board over the automaker’s EV stance. Shareholders voice their opinion on Toyota’s EV stance After
Tesla has unveiled a new retail concept called ‘Giga Laboratory’, which appears to be a showcase of its manufacturing capacity. While Tesla announced a move to online sales and moved back from physical retail back in 2019, the automaker has, in practice, continued to rely heavily on retail locations as part of its marketing effort.
Tesla has secured a new location in Fremont, California, to expand its 4680 battery cell production, according to a new report. When Tesla unveiled its own new cell format, the 4680 battery cell, it ventured into manufacturing its own battery cells for the first time. Prior to that point, Tesla had always bought battery cells
A Tesla driver hit and killed a dog. They claimed they were driving using Full Self-Driving (FSD) Beta. Full Self-Driving (FSD) Beta is a driver-assist system that takes over all the tasks related to driving a vehicle, but Tesla requires that drivers keep their hands on the steering wheel and pay attention at all times.
Porsche has unveiled the Mission X, a new electric hypercar concept, which the automaker says could be the fastest road-legal vehicle ever to do a lap around the famous Nürburgring racetrack… if it goes into series production. The hypercar was shown as part of Porsche’s celebration of its 75th anniversary of making sports cars since
Califooooorniaaaaaa here we coooommmmeeeee (autonomously). Mercedes-Benz has just announced that its SAE Level 3 autonomous driver assist system, DRIVE PILOT, has been certified to operate in the entire state of California, beginning with a couple of familiar models. Mercedes-Benz’s DRIVE PILOT first debuted on the speedy roads in Germany in May of 2022, but we
Ford Motor Co. has shared an update on its journey to scale production of its super popular, all-electric F-150 Lightning in order to reduce customer wait times. The American automaker has bolstered production of its XLT trim, in particular, and is limiting new reservation wait times down under four months. Even as a relatively new
The Japanese automaker is accelerating its pace toward EVs. Toyota Motor North America announced plans to invest $50 million to build a new US battery lab on Thursday to support the company’s electric vehicle strategy. After falling behind early in the race to bring electric vehicles to market, Toyota has made a series of announcements
Tesla is rumored to be planning a “more than $4.5 billion factory” around Valencia in Spain, according to a local news report. Today, the local government confirmed today that it is negotiating with an automaker for a potential large investment in the region, but it did not confirm which company is behind the project. Local
Tesla is planning to produce 375,000 Cybertrucks per year and have release candidates by late August, according to communications they sent to suppliers. The Cybertruck is arguably the most anticipated electric vehicle program to launch this year. We, along with about 1.5 million reservation holders, have been following it closely to have an idea of
Due in part to strong Q1 2023 numbers and a surge in demand, the US solar market is now expected to triple in size over the next five years, according to a new report. According to the “US Solar Market Insight Q2 2023 report,” released today by the Solar Energy Industries Association (SEIA) and Wood
Tesla Energy, the automaker’s energy division, has secured yet another large Megapack project. This time, it will help balance Belgium’s electricity grid. Back in 2019, Tesla launched the Megapack; it was Tesla’s third stationary energy storage product after the Powerwall and Powerpack. A single Megapack unit is a container-sized “3 MWh battery system” with integrated modules,
A Tesla Model 3 refresh prototype was spotted ahead of the launch, which could be imminent as the automaker appears to be liquidating existing Model 3 vehicles. Late last year, we started hearing rumors that Tesla was working on a Model 3 refresh that would come during the second half of 2023. The project is reportedly
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