Tesla

By Simon Alvarez Posted on April 11, 2022 An amended regulatory filing with the US Securities and Exchange Commission (SEC) has clarified that while Tesla and SpaceX CEO Elon Musk would not be joining Twitter’s Board of Directors, he may still engage with the social media company’s management on a variety of discussions. Musk would

By Simon Alvarez Posted on April 10, 2022 Tesla’s Cyber Rodeo featured a number of the company’s upcoming vehicles, though the Cybertruck evidently stole the show. From its arrival at the facility to its display in the hours prior to Elon Musk’s address to its appearance later during the night with Design Chief Franz von

By Joey Klender Posted on April 9, 2022 Tesla is among several companies lobbying for the Chinese government to ease transport restraints as COVID-19’s presence in the country continues to increase. Several major businesses, including Tesla and Covestro, have been permitted by Shanghai’s local government to continue transporting needs with a “closed-loop system,” the South

By Joey Klender Posted on April 8, 2022 Senator Joe Manchin, a Democrat from West Virginia, continues to show his coal-based roots are far from gone. This week, the Senator, who effectively kept the Build Back Better plan from passing, said he still has reservations about an all-EV future. “I have grave concerns about moving

By Joey Klender Posted on April 7, 2022 The first looks inside the Tesla “Cyber Rodeo” event at Gigafactory Texas are beginning to appear as attendees make their way to the event, located just outside Austin. Tesla is holding a 15,000-person event at its new production facility in Texas to launch the opening of the

By Joey Klender Posted on April 6, 2022 Tesla’s now-operational production facility in Germany, known as Gigafactory Berlin, is facing a potential shutdown in production as the German government is reportedly contemplating an embargo on Russian gas in response to the invasion of Ukraine. Tesla recently gained approval to begin production and deliveries at the

By Eric Ralph Posted on April 5, 2022 Amazon has announced a series of record-breaking launch contracts that will place a “majority” of its 3,236-satellite Project Kuiper constellation, which aims to blanket the Earth in high-quality internet alongside OneWeb, Starlink, and Telesat. Of 68 firm launch contracts and a total of 83 contracts including unexercised

By Joey Klender Posted on April 4, 2022 Today, Ford Motor Company announced its sales figures for March 2022. Its electrified sector recorded the only Year-over-Year growth compared to SUV, Truck, and Total Vehicle sales in the United States. Total vehicle sales for the month in the U.S. came to 159,328, a 25.6 percent decrease

By Simon Alvarez Posted on April 3, 2022 It appears that Gigafactory Shanghai will not be able to reopen on Monday. Tesla workers and suppliers were reportedly notified of the update this weekend.  Earlier this weekend, reports emerged that Tesla China was looking to resume operations at Gigafactory Shanghai after the weekend. Tesla had reportedly

By Joey Klender Posted on April 2, 2022 Tesla, Inc. announced this morning that it delivered 310,048 vehicles during 2022’s first quarter, marking yet another record for deliveries in a three-month span. “In the first quarter, we produced over 305,000 vehicles and delivered over 310,000 vehicles, despite ongoing supply chain challenges and factory shutdowns,” Tesla

By Joey Klender Posted on April 1, 2022 Following Joe Biden’s invoking of the Defense Production Act yesterday, nickel expert Trent Mell is commending the President’s decision to surge the domestic production and sourcing of electric vehicle materials. Speculation early in the week indicated President Biden was considering using the Defense Production Act for the

By Joey Klender Posted on March 31, 2022 Rivian Automotive said in a 10-K filing with the SEC earlier today that it expects “to incur significant expenses and continuing losses for the foreseeable future,” as it is a “growth stage” company. “We have incurred net losses since our inception, including net losses of $0.4 billion,

By Joey Klender Posted on March 30, 2022 Tesla’s valuation (NASDAQ: TSLA) should not be benchmarked against traditional automakers, as it could be “misleading,” top analyst Gene Munster said. “Using traditional auto as a benchmark for how to value Tesla is misleading,” Munster, an analyst for Loup Ventures, said on CNBC. “Not misleading in the

By Eric Ralph Posted on March 29, 2022 In an oddly roundabout and confusing manner, NASA appears to have confirmed that it exercised a contract option to purchase a second crewed Starship Moon landing from SpaceX. Aside from its general existence, very little else is known about the new contract. NASA has yet to discuss

By Joey Klender Posted on March 28, 2022 Elon Musk has tested positive for COVID-19 for the second time, but the Tesla and SpaceX CEO is skeptical. Musk said he’s “supposedly” tested positive for the virus while criticizing the numerous variants of the virus, asking, “How many gene changes before it’s not Covid-19 anymore?” Musk

By Joey Klender Posted on March 26, 2022 Tesla has pushed delivery wait times for several trim levels of the Model Y and Model X back to 2023 as demand for the automaker’s vehicles continues to exceed the company’s production capabilities. In 2021 and 2022, Tesla saw demand for its cars reach extraordinary levels as

By Joey Klender Posted on March 26, 2022 Tesla has officially started inviting the 15,000 guests to its “Cyber Rodeo” event at Gigafactory Texas on April 7, as CEO Elon Musk published a photo of a virtual invitation to the event last night. Tesla announced it would hold an event to commemorate the opening of

By Joey Klender Posted on March 25, 2022 Tesla’s mass-market Model 3 and Model Y vehicles have been axed from the California Clean Vehicle Rebate Project (CVRP) following the automaker’s latest price hikes due to “inflation pressure.” A representative for the CVRP program told CarsDirect the Model 3 and Model Y were recently excluded from the

By Joey Klender Posted on March 24, 2022 Japanese company Suzuki Motor said it plans to invest $1.37 billion in its India factory to produce all-electric vehicles and batteries, its India unit said earlier this week. Maruti Suzuki India, which is majority-owned by the Japanese Suzuki Motor, said it is transitioning one of its factories

By Joey Klender Posted on March 23, 2022 Tesla’s Giga Fest at Gigafactory Texas, an invite-only event, drew a handful of concerns from local citizens over noise complaints from fireworks testing and concerns regarding a lack of public engagement from the automaker as it nears the official opening of the factory. The April 7th event