Lyft Inc. is selling its self-driving division to a subsidiary of Toyota Motor Corp., exiting the field of expensive driverless car research. The division, named Level 5, is being sold to Woven Planet Holdings Inc., […]
CEO Elon Musk doesn’t receive a salary for his work at Tesla. Instead, his pay package stipulates he gets the opportunity to buy shares of TSLA at a discounted price if the company meets certain […]
As final production nears, Lucid Motors is continuing to reveal more information about its first vehicle, the Lucid Air. The latest is a behind the scenes tour of their new manufacturing facility in Casa Grande, […]
Site plans for the upcoming Tesla Supercharger at the Discovery Co-Op Mall in North Battelford, Saskatchewan have been revealed. According to the plans shared by Drive Tesla contributor Marco, the Supercharger will feature 8 stalls […]
As expected, Ford has announced pricing for its two high performance versions of the Mustang Mach-E, although it appears only one of them will be making an appearance in Canada. Mustang Mach-E GT The Mustang […]
On the Q1 Tesla Earnings call on April 26, Elon Musk confirmed the company sold 10% of their bitcoin holdings. The 10% sale made the company $272 million per the Q1 financial release. Musk noted […]
Tesla has provided further details on the deadly crash that claimed the lives of two people in Houston earlier this month. Mainstream media tried to blame Tesla’s Autopilot system for accident. The dramatic headlines of […]
Tesla has released their Q1 2021 earnings report and the automaker has posted another profitable quarter. This extends the record-breaking streak to seven consecutive quarters reporting positive cashflow. Earlier this month Tesla posted preliminary numbers […]
Earlier this month the Saskatchewan provincial government announced in their 2021/2022 budget a new tax on electric vehicles (EVs). Set to take effect in October 2021, the government said the new $150 tax was being […]
Tesla has submitted documents to local authorities in China indicating it plans to add a battery and electric motor recycling facility at Giga Shanghai. According to the documents seen by Reuters, not only will the […]
