On Monday, Tesla announced that the company had a $23 million impairment due to the drop of Bitcoin’s value. The impairment put a slight drag on Tesla’s quarterly operating income. Back in February, Tesla announced […]
The global chip shortage is hitting most auto manufacturers, and yet Tesla avoided the issue with a re-write of their software. Tesla CEO Elon Musk confirmed the company can now use alternative chips with ease […]
Nearly two years since Tesla last tested the Model S Plaid in 2019; the vehicle returned to Germany. No longer is the car equipped with lip spoilers, splitters or fixed wings. Instead, according to Car […]
Ahead of the Q2 2021 earnings call this afternoon, Tesla has provided an update on the development of their new 4680 battery cells and some significant milestones that have been already been achieved. First unveiled […]
Tesla (TSLA) has released their Q2 2021 earnings report this afternoon and once again blew Wall Street estimates out of the water by posting their eighth straight profitable quarter. As noted in their report, they […]
The new EQS from Mercedes will have an optional feature to pay yearly for 10-degree rear steering. The standard feature from the EQS features 4.5 degrees. However, with an annual charge, owners can increase that […]
A Model Y body-in-white arrived at Giga Texas, and the internet was abuzz with rumours about the vehicles origin and purpose for being outside the factory. Many believe that Tesla will use this Model Y […]
A senior Indian government official ruled out any possibility of granting Tesla company-specific incentives. This statement comes a day after Elon Musk tweeted out about India’s high import duties on Tesla vehicles and the possibility […]
While customers are going to have to wait a little while longer to receive their vehicles from Rivian, the company is not slowing testing of the R1S electric SUV. Company founder and CEO RJ Scaringe […]
Tesla fans will soon be able to get an inside look at the Fremont factory in California. The automaker is set to restart their popular factory tours later this year. The announcement was made by […]
