Tesla

By Simon Alvarez Posted on January 30, 2024 Tesla (NASDAQ:TSLA) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time. A legal complaint against Musk’s pay package was

By Zachary Visconti Posted on January 29, 2024 Ahead of the General Motors (GM) earnings call this week, the automaker has new union contracts and is expected to report around $10 billion in earnings. However, challenges remain for GM, including electric vehicle (EV) production constraints and the ongoing effects of an accident involving one of

By Zachary Visconti Posted on January 28, 2024 Labor efforts have been robust across the global automotive industry in the past several months, and recent reports show that Japanese auto giant Toyota is facing demands from its union for the largest annual bonus yet for workers. The labor union for Toyota Motors is expected to

By Zachary Visconti Posted on January 27, 2024 Canoo has announced some of its early deliveries in recent months, and now the Oklahoma-based electric vehicle (EV) manufacturer has announced a deal with the U.S. Postal Service (USPS). According to a press release shared on Wednesday, Canoo will deliver six right-hand-drive (RHD) models of its Lifestyle

By Joey Klender Posted on January 26, 2024 Tesla (NASDAQ: TSLA) can rebound with 10 turnaround ideas, according to a new note from Wedbush analyst Dan Ives. Tesla reported Earnings for Q4 and Full Year 2023 on Wednesday, and after what was widely considered to be a weak conference call, the stock dropped over 12

By Joey Klender Posted on January 25, 2024 ARK Invest has loaded up on over $5 million in Tesla stock following a 12.13 percent slide in share price on Thursday after Wednesday’s Earnings Call. ARK bought 148,246 shares in its $ARKK ETF, its Innovation Fund. Meanwhile, it snapped up 29,624 in the Next Generation Internet

By Joey Klender Posted on January 24, 2024 Tesla said that its next-generation vehicle will begin production in the second half of 2025. Tesla’s next-generation vehicle is set to help the automaker enter a new pricing point that will be accessible to more customers. It will be a completely new vehicle with new production lines

By Zachary Visconti Posted on January 23, 2024 Electric vehicle (EV) startup Fisker is looking to sell thousands of Ocean SUV units that it built but didn’t sell last year, as the company shifts away from its direct sales model to help improve delivery logistics. After announcing plans this month to offer its EVs through

By Zachary Visconti Posted on January 22, 2024 After an executive from Tesla supplier Panasonic hinted at the potential for a third U.S. battery factory this month, another executive has cautioned that the manufacturer should first boost output at its current plants before debuting an additional site. At CES earlier this month, Panasonic North America

By Zachary Visconti Posted on January 20, 2024 Ford is shifting its production strategy toward two gas vehicles, with the automaker this week reiterating plans to reduce production of its F-150 Lightning electric pickup. Last month, Ford initially announced its plans to cut F-150 Lightning production by around half. In a press release shared on

By Joey Klender Posted on January 19, 2024 Cadillac’s $340,000 Celestiq electric vehicle has officially entered production, according to the company’s Vice President John Roth. In 2022, General Motors, the parent company of Cadillac, unveiled the Celestiq, the company’s premier and top-of-the-line EV, which is expected to pack 300 miles of range, a 0-60 MPH

By Joey Klender Posted on January 18, 2024 Tesla is combatting Uber and Lyft congestion at its Superchargers in New York City with Supercharger fees after the ride-sharing services have backed up EV chargers. This week, it appears the Superchargers are more congested than normal, and it could be due to the influx of Uber

By Zachary Visconti Posted on January 17, 2024 Tesla has officially launched its refreshed Model 3 in North America, and though initial deliveries of the vehicle are already set to go out in the coming months, the automaker doesn’t yet appear to be producing very many of the vehicles. Earlier this month, Tesla launched the

By Maria Merano Posted on January 16, 2024 Contemporary Amperex Technology Co. Limited (CATL) aims to improve battery technology in Chinese vehicles and increase cell production in China.  Recently, the Chinese battery supplier announced plans for its first plant in Beijing to supply Li Auto and Xiaomi’s electric vehicles (EVs). According to local media reports,

By Zachary Visconti Posted on January 15, 2024 South Korean electronics conglomerate LG Electronics has opened its first plant dedicated to electric vehicle (EV) charger production in the U.S., located in the state of Texas. According to a press release shared by the company on Monday, LG has opened the EV charger plant in Fort

By Zachary Visconti Posted on January 14, 2024 Toyota has had a long history of speaking out against an all-out transition to electric vehicles (EVs), continually pointing to hydrogen technology and continued gas vehicle production as important pieces of the puzzle. In a recent statement, a Toyota chairman referenced a new project for the automaker,

By Zachary Visconti Posted on January 13, 2024 Driverless ride-hailing is rapidly increasing in San Francisco, California, and recent data shows that it has continued to grow even after an incident involving a passenger with General Motors (GM) subsidiary Cruise. Cruise and Alphabet-owned Waymo were the only two companies approved to test driverless ride-hailing operations

By Joey Klender Posted on January 12, 2024 Tesla’s ongoing union conflict in Sweden with IF Metall is said to put around 20 employees at a local aluminum plant at a potential risk of losing their jobs. Hydro Extrusions said on Friday that the employees at one of its plants, located in Vetlanda, could potentially

By Joey Klender Posted on January 11, 2024 The United States Department of Transportation has funneled $623 million in grants into efforts to expand the electric vehicle charging infrastructure across the country as EVs are becoming more popular. The grants will help build EV charging stations in 22 states and Puerto Rico, a U.S. territory.

By Zachary Visconti Posted on January 10, 2024 Tesla’s Gigafactory in Texas has been busy since the Cybertruck’s initial delivery event in November, as the automaker continues to ramp up production of the electric pickup. On Wednesday, drone operator and longtime Giga Texas observer Joe Tegtmeyer shared another construction update video from the factory, showing

By Zachary Visconti Posted on January 9, 2024 Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty low prices. As part of the Rent2Buy vehicle sales program on its website, Hertz has listed hundreds of its early Tesla rentals for sale at

By Simon Alvarez Posted on January 8, 2024 Tesla has a lot going for it, but the company tends to keep some of its vehicles’ most interesting details to itself. Just look at the Model 3 and Model Y’s stellar performance in China’s flooded streets. It’s a big selling point, but it’s rarely highlighted by

By Maria Merano Posted on January 7, 2024 SpaceX’s Starlink internet service is helping Japan’s restoration following the earthquakes on January 1.  One day into 2024, Japan was hit with a series of quakes called the Noto Peninsula Earthquake. The largest quake hit a maximum seismic intensity of 7. After the Noto Peninsula Earthquake, local

By Zachary Visconti Posted on January 6, 2024 A steady stream of Cybertruck reviews has been rolling in since Tesla began initial deliveries in November, and one new video shared over the weekend offers some snowy weather fun with the electric vehicle (EV). On Saturday, YouTube channel TheStradman shared a video on the Tesla Cybertruck,

By Joey Klender Posted on January 5, 2024 Of all of the crazy and unique cars that we have seen celebrities drive over the years, it was not a stretch of anyone’s imagination to think that the Tesla Cybertruck would be a high priority to some celebrities. It appears that the first A-list star to

By Joey Klender Posted on January 4, 2024 Tesla added two new colors for the Model Y all-electric crossover on Thursday night and simultaneously updated range estimates for two configurations of the vehicle. The two colors are not new to Tesla’s repertoire but are new to the Model Y. The automaker has added Stealth Grey

By Joey Klender Posted on January 3, 2024 Tesla’s turn signal design on its newer vehicles is causing havoc in Norwegian driving schools as it lacks a stalk and is being looked at as a potential hazard among instructions, leading to the vehicles being banned from some institutions. Tesla implemented force touch buttons on the

By Zachary Visconti Posted on January 2, 2024 New rules for the U.S. electric vehicle (EV) tax credit have taken effect, significantly limiting the number of qualifying options in 2024. Tesla is one of many automakers that saw some of its vehicles excluded at the turn of the new year, and only a handful remain

By Simon Alvarez Posted on December 31, 2023 One can say a lot of things about Elon Musk and Tesla, but it’s very difficult to deny the fact that the CEO and the electric vehicle maker have a pretty good sense of humor. Both Musk and Tesla are more than willing to poke fun at

By Zachary Visconti Posted on December 31, 2023 Another busy year is coming to an end, closing yet another chapter in Tesla’s journey to advance sustainability. As we prepare for what’s expected to be an eventful 2024, it’s also worth looking back on Tesla’s year in 2023 to highlight some of the company’s many major