By Joey Klender Posted on June 3, 2022 General Motors’ Cruise became the first autonomous driving program to secure a permit to charge people to ride in a self-driving car after numerous objections from city officials in San Francisco. Cruise won the approval with a unanimous 4-0 vote by the California Public Utilities Commission late
Tesla
By Joey Klender Posted on June 2, 2022 The United States Postal Service announced on Wednesday it would soon publish a report to supplement its Environmental Impact Statement (EIS) related to its adoption of electric vehicles for its fleet. The Next Generation Delivery Vehicles (NGDV) plan could be revised from previously announced figures, the Postal
By Joey Klender Posted on June 1, 2022 Tesla has received top marks in the Human Rights Campaign Corporate Equality Index’s 2022 Best Places to Work for LGBTQ Equality for the 7th consecutive year. The HRC’s complete report shows that Tesla received a perfect score once again, as the Corporate Equality Index 2022 ranks companies
By Simon Alvarez Posted on May 31, 2022 A Ford F-150 Lightning owner and veteran EV driver has provided some useful real-world data on the all-electric pickup truck and its towing capabilities. As it turned out, F-150 Lightning owners may need to plan out their routes very well if they wish to tow with their
By Simon Alvarez Posted on May 30, 2022 Tesla CEO Elon Musk shared some interesting tidbits about his past political leanings, as well as the reason why he’s voting Republican this coming November. Musk posted his thoughts about the matter on Twitter this Monday. Musk’s comments came after he posted a message about Memorial Day,
By Joey Klender Posted on May 28, 2022 Elon Musk said his aerospace company SpaceX will soon accept Dogecoin as a payment option for merchandise, joining Tesla, which has accepted the cryptocurrency since January. Musk, a frequently vocal supporter of some cryptocurrencies, made the announcement on Twitter, first reiterating that Tesla merch could be bought
By Joey Klender Posted on May 28, 2022 Tesla CEO Elon Musk’s Twitter stock purchase has caught the attention of the Securities and Exchange Commission. The agency sent Musk a letter in April, which has now been released. The letter asks Musk why he did not file the required paperwork, which would disclose he has
By Simon Alvarez Posted on May 27, 2022 Lucid Motors is in the middle of ramping the production of its Air sedan, but things are getting challenging. Amidst these difficulties, sources close to the matter have stated that Lucid has reportedly reassigned two top executives amidst the company’s ongoing quality issues. Lucid manufacturing Vice President
By Simon Alvarez Posted on May 26, 2022 Jefferies analyst Brent Thill recently noted that Elon Musk’s deal to acquire Twitter for $44 billion would likely not be completed at its initially-agreed price. This, the analyst suggested, is partly because Musk knows that he is overpaying for Twitter. “Elon is not a dumb guy. Like
By Simon Alvarez Posted on May 25, 2022 Tesla shares have recently hit 11-month lows, and with it, CEO Elon Musk’s net worth has dropped below $200 billion. Musk has lost about $77.6 billion of his net worth year-to-date. Musk’s wealth is in no small part tied to his ownership of electric vehicle maker Tesla,
By Simon Alvarez Posted on May 24, 2022 Tesla is still maintaining its lead in the US electric vehicle sector, but veteran players like Ford are gaining ground. This was according to Kelley Blue Book, which recently published its Q1 2022 Brand Watch report. Rising fuel prices in the market likely helped drive interest in
By Eric Ralph Posted on May 23, 2022 Boeing’s Starliner crew capsule has successfully rendezvoused, approached, and docked with the International Space Station for the first time, marking major several major milestones for NASA and its second Commercial Crew partner. Starliner’s second orbital flight test (OFT-2) began as expected with a near-flawless May 19th launch
By Simon Alvarez Posted on May 20, 2022 Elon Musk is out for blood. Amidst the emerging “Elongate” scandal, the CEO has announced the formation of a “hardcore litigation department” for Tesla that directly initiates and executes lawsuits. The team will be reporting directly to Musk. Musk posted the following commitment to the upcoming litigation
By Simon Alvarez Posted on May 20, 2022 Federal Judge James Donato from California has formally dismissed a securities fraud and defamation lawsuit filed by a Tesla bear against CEO Elon Musk, Tesla, and a Model 3 owner. The order was filed on Thursday. In the order, Judge Donato noted that the lawsuit filed by
By Maria Merano Posted on May 19, 2022 Tesla CEO Elon Musk will meet with Brazilian President Jair Bolsonaro on Friday, May 20. According to Barron’s, Bolsonaro previously stated that he had planned a private meeting “with a very important person who is recognized throughout the world.” He did not name Elon Musk, but a government
By Maria Merano Posted on May 18, 2022 Volkswagen ID.Buzz pre-sales will start on Friday, May 20, in Germany and most of Europe. The European automaker will initially offer the fiver-seater ID.Buzz Pro variant throughout Europe. The ID.Buzz Cargo will also be available during pre-sales. The ID.Buzz Pro and Cargo will launch with the largest
By Maria Merano Posted on May 17, 2022 Tesla sent out emails to reservation holders near Giga Texas, giving them the option to change their order to the new Model Y All Wheel Drive. The Model Y AWD variant is the first to feature Tesla’s structural battery pack and 4680 cells. Tesla customer @mmsganesh shared
By Joey Klender Posted on May 16, 2022 Elon Musk may be looking for a better deal with his Twitter acquisition and $44 billion may now be sounding like a price that is just a bit too high. During a tech conference called “All In” in Miami on Monday, Musk remarked that he believes 20
By Maria Merano Posted on May 15, 2022 On Saturday, May 15, Elon Musk took Indonesia’s President Joko Widow, also known as Jokowi, around SpaceX in Texas. Musk showed the President around SpaceX’s rocket production facility in Boca Chica for an hour. According to Indonesia’s President, he met with Elon Musk to discuss innovation and
By Joey Klender Posted on May 14, 2022 Ford Motor Co. sold $188.2 million additional shares of electric vehicle company Rivian on Friday after already selling $214 million shares earlier this week. Filings with the SEC on Friday reveal Ford sold around 7 million shares of Rivian, which has struggled to gain momentum in the
By Joey Klender Posted on May 13, 2022 Tesla is set to release a new version of the Full Self-Driving Beta program this weekend with Software Update 10.12, and CEO Elon Musk even said the automaker could expand the size of the Beta fleet in June. Tesla has attempted to release updates and improvements to
By Joey Klender Posted on May 12, 2022 Rivian Automotive said it would recall 502 2022 R1T all-electric trucks in a recall issued by the NHTSA on May 10. The R1T may have improperly calibrated front passenger airbags, a defect that will require Rivian to replace the front passenger seat free of charge. “Rivian Automotive,
By Joey Klender Posted on May 11, 2022 Rivian Automotive (NASDAQ: RIVN) will report its earnings for the first quarter of 2022 later today. Here’s what to expect, according to Wall Street consensus estimates provided by Refinitiv. Wall Street analysts expect Rivian to report a loss of $1.44 per share, with revenue estimates landing at
By Joey Klender Posted on May 10, 2022 Lucid Group (NASDAQ: LCID) announced its initial launch plans for the European market today, which will be marked by the forthcoming availability of two configurations of the automaker’s Air Dream Edition sedan. Lucid said it would release the Air Dream Edition R, optimized for efficiency with 900
By Joey Klender Posted on May 9, 2022 Tesla CEO Elon Musk is reportedly set to meet with Indonesian President Joko Widodo as early as this week to discuss electric vehicle supply chain development in the Southeast Asian country. Tesla representatives traveled to Indonesia last week to discuss nickel production at a hub in the
By Joey Klender Posted on May 7, 2022 Tesla’s vision for the Robotaxi fleet has always been to revolutionize the way vehicle ownership is perceived. Tesla owners would eventually be able to let their car run an entire shift of ride-hailing without the presence of a driver, letting a $40,000 side-hustle compile an additional American
By Joey Klender Posted on May 6, 2022 Contemporary Amperex Technology Co (CATL) said in March 2021 that it would invest $5 billion into potential electric vehicle battery cell manufacturing sites in North America. CATL is now moving closer to locking in a plant in the United States, according to an exclusive report from Reuters,
By Maria Merano Posted on May 6, 2022 Ford seems intent on ensuring that the rollout of the F-150 Lightning will go off without a hitch. This was hinted at in a recent memo sent to dealers about the company’s Ford Courtesy Transportation Program (FCTP), which provides demo units to dealerships. The memo, which was
By Maria Merano Posted on May 4, 2022 On Wednesday, May 4, Neuralink competitor Synchron announced the start of its first human clinical trials in the United States called the COMMAND study. The first COMMAND patient was enrolled in clinical trials at Mount Sinai Hospital in New York. “The COMMAND study progresses Synchron’s technology development through the
By Maria Merano Posted on May 3, 2022 A coalition of 26 organizations has asked Twitter’s top advertisers to demand that Elon Musk set three non-negotiable standards for the social media platform. The non-negotiable standards are listed below. Continue to ban accounts of public figures and politicians who violated Twitter’s rules in the past. In
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