Ark Invest, under the leadership of founder and CEO Cathie Wood, has been a long time Tesla (TSLA) bull. In an interview in 2019 she defended her $4,000 price target (pre-split) for the automaker, a […]
The frigid temperatures in Texas this week combined with snow and icy conditions have wreaked havoc on the states electricity grid. With temperatures dropping below 0°F (-17°C), the demand for power has never been higher. […]
Hyundai’s popular Kona electric vehicle (EV) is getting a makeover for the 2022 model year with a new exterior design and updated interior. Exterior Changes Described by the South Korean automaker as a “sleeker front […]
Elon Musk’s SpaceX has completed another round of equity funding, and just like its rockets its valuation has soared to around $74 billion. According to people familiar with the financing who spoke to CNBC, SpaceX […]
Tesla will lose its top spot in the world’s electric vehicle (EV) sales rankings by 2025 to Volkswagen, according to a market forecasting analysis by LMC Automotive. Over the course of the next five years, […]
As Lucid Motors nears the release of its first luxury electric vehicles (EVs), its is reportedly close to going public through a merger with a special purpose acquisitions company (SPAC). Last month we reported that […]
To say the launch of the Mercedes Benz EQC electric SUV has been a bit bumpy might be an understatement. Now it has gone from bad to worse as the German automaker has cancelled its […]
Tesla’s newest location in Surrey, British Columbia is now officially open after welcoming the first customers this weekend. Sales Center Located at 19505 Langley Bypass, the sales side of the new location opened on Saturday, […]
As part of their Chinese New Year celebrations, Tesla is now offering a trial of Enhanced Autopilot (EAP) in China. The first offer is for new buyers who received their vehicles before February 15. Tesla […]
As international sales slump, luxury car manufacturer Jaguar Land Rover has announced plans to go fully electric by 2030. Jaguar Land Rover said Monday it will phase out its internal combustion engine vehicles to “realise […]
