SpaceX is in talks to sell insider shares in a transaction that will value the space company at $350 billion. The tender, or what others in the business call a secondary offering, will allow SpaceX […]
The National Highway Traffic Safety Administration has confirmed it is opening an inquiry into a Piedmont, California, crash earlier this week that involved a Tesla Cybertruck. The accident happened around 3 am on November 27. Officers responded […]
With electric vehicles (EVs) at the top of mind for almost all North American manufacturers, Canadian consumers’ interest in EVs dropped for the first time in years. The latest study by EY’s Mobility Consumer Index […]
Tesla and Rivian have reached a conditional settlement over a 2020 lawsuit that Tesla filed about Rivian’s alleged poaching of employees and the theft of EV trade secrets, including sensitive battery technology. Per Bloomberg, the […]
Tesla lawyers have failed to persuade a US District Judge to dismiss a consumer lawsuit over the “phantom braking” safety defect. In his ruling, US District Judge Georgia Alexakis allowed the class action to proceed […]
Hyundai has officially unveiled its latest electric SUV, the IONIQ 9. The highly anticipated IONIQ 9 will feature a three-row set-up that blends space, design, and advanced EV technology. President and CEO of Hyundai Motor […]
Tesla and Deutsch Bank have wrapped up a five-tranche sale in which the bank sold off $499 million worth of bonds backed by solar equipment loans. Per Bloomberg, the five debt tranches all received investment-grade […]
With winter fast approaching, a new public Starlink terminal at a grader camp on the side of the highway could be a genuine lifesaver along the isolated Highway 5 in the Northwest Territories. According to […]
Quebec has continued its dominance of the electric vehicle space, pushing Canadian numbers towards a strong end to 2024. According to the latest Transport Canada numbers, Quebec accounts for over 50% of the country’s iZEV […]
It appears that there could be a delay for Tesla in launching Full Self-Driving in China. Recently Tesla said they hoped to expand FSD to China and Europe in the first quarter of 2025, however […]
