Tesla shareholders approved a three-for-one stock split yesterday in an attempt to attract more retail investors to the company. The split will bring Tesla stocks to around the $300 range, but Tesla did not confirm […]
Tesla China is launching a new offer for Chinese clients that will provide a 50 per cent discount on an FSD package if they update their vehicle. This new discount comes as Tesla China is […]
After a few weeks of rumours that Elon Musk was building a private airport outside of Austin, Texas, Musk put all the rumours to bed. Local Austin site Austonia reported last week that Elon Musk […]
Yesterday, the US Patent and Trademark Office published a series of 54 patents that the office granted to Apple. Of note, two of them are specific to Project Titan, Apple’s autonomous vehicle project. Thanks to […]
At Tesla’s annual shareholder meeting, Elon Musk brought up that Tesla may announce a new factory location this year. During the in-person meeting, Musk teased the crowd by asking where the next Gigafactory should be. […]
Chinese automaker BYD announced that the company plans to sell EVs in Sweden and Germany starting in October 2022. Currently, BYD sells its Tang electric SUV in Norway, and many expect BYD will also offer […]
In the first significant update about the upcoming BMW “NEUE KLASSE”, BMW confirmed it would launch a compact sedan and sport SUV to start. On BMW‘s Q2 2022 call, BMW CEO Oliver Zipse said: Our […]
Volkswagen announced this morning that the company is starting production of the MY23 ID.4 electric SUV at its Chattanooga, Tennessee facility. The company plans to ramp up production to 7,000 cars per month to speed […]
Toyota, which reported a record profit for the year ended March 2022, has seen its fortunes reversed in the last quarter, which saw it grappling with supply chain issues and rising operating costs. The Asian […]
Hyundai Ioniq 5, the winner of the World Car of the Year, will witness production hiccups thanks to a problem with chips made by Infineon. As reported by KED Global, industry sources in South Korea said the […]
