Tesla is again adjusting pricing for its electric vehicle in the US – making it the fourth time in just over a month. It’s starting to be difficult to keep up with Tesla’s price changes lately. As we previously reported, Tesla started the month by implementing drastic cuts across its entire EV lineup, with Model Y
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Subaru has issued another recall on its first electric car, the Solterra, due to undertorqued hub bolts, related to the previous recall which encompassed both the Solterra and bZ4X. 1,182 cars are affected, and Subaru has told owners not to drive their cars until the issue can be resolved. Subaru says the issue was caused
A Tesla Full Self-Driving Beta smear campaign is reaching a whole new level as it is going to have a Super Bowl ad, according to the people behind the campaign. Last year, we reported on Dan O’Dowd, a self-described billionaire and founder of Green Hills Software, a privately-owned company that makes operating systems and programming tools. O’Dowd had
Tesla is preparing to expand its insurance business internationally – starting with insurance products in the United Kingdom. The automaker originally introduced its own insurance product in California, but it didn’t utilize real-time driving data or Tesla’s safety score, which had been the original goal. Before expanding its insurance product to other markets, Tesla wanted
Following a recent supervisory board meeting, Volkswagen Group has announced a major shift in its electrification strategy to expedite EV production over the next five years. Additionally, the German automaker intends to revamp its software strategy in support of the effort. Software issues have had a huge effect on Volkswagen’s EV output up to this
Tesla has hired a new general counsel, a position that has been historically superhard to fill for the automaker. Tesla is often described as having high turnover, which has been especially true for its top lawyers. Elon Musk surprised many when he hired his personal divorce lawyer, Todd Maron, to be Tesla’s general counsel (he
The once-promising strategic partnership between Ford and Rivian is “nearly complete” after a new SEC filing shows Ford trimmed its stake to just 10.5 million shares in 2022. Ford trims Rivian stake to a mere 1.15% ownership The partnership began in 2019 after Ford invested $500 million in Rivian, marking a key milestone in the
Ram officially announced the Ram 1500 REV, its first all-electric pickup truck, today, and the company claims that it is starting a revolution despite being late to electrification. We already knew that Ram 1500 REV would be the name of the brand’s first electric pickup thanks to a trademark filing last year, but now the
Redwood Materials just got a $2 billion conditional loan from the US Department of Energy to expand its factory near Reno, Nevada, where it will manufacture EV batteries from an increasing amount of recycled content. In a US first, Redwood will produce 100 GWh annually of ultra-thin battery-grade copper foil and cathode-active materials from both
Tesla is slightly raising the price of the base Model Y in China after an important price cut last month resulted in a significant increase in orders. Last month, we reported on Tesla slashing prices in China, which raised demand concerns for the automaker in the important EV market. The price drops on some Model 3
A new Tesla Cybertruck beta prototype has been spotted and this time we get a good look at the front-end, which appears to have been updated, and it still has a monstrous windshield wiper. As we reported last week, we expected to start seeing a lot more Cybertruck sightings as the automaker is testing its