Latest News

Redwood Materials raises $700M in Series C round
Former Tesla co-founder JB Straubel’s Redwood Materials raised $700 million from high-profile institutional investors and venture firms. The capital will allow the company to expand operations beyond their current operations in Carson City, Nevada. The […]

Tesla shifting retail strategy away from high-end malls
According to reporting by Electrek, Tesla is working to shift their retail strategy away from ‘showrooms in fancy malls’. Instead, Tesla is focusing on cheaper locations, remote orders and delivery centres. As Tesla is not […]

Mercedes Canada announces charging strategy
Mercedes-Benz Canada announced the Mercedes-EQ charging strategy to ensure Mercedes-EQ drivers have integrated charging at home and across Canada. The company announced a single charging ecosystem called the Mercedes me Charge. ChargePoint powers the ecosystem […]

Rivian to invest $5 billion in second US plant
According to a company document, Rivian is planning to open a second US-based plant with an investment of $5 billion. The project, dubbed Project Tera, requires at least 2,000 acres of land for their latest […]

Tesla Updates Account Page With Fresh New Look
Out with the old, in with the new – Tesla has updated the owner account page with a fresh new look. Many owners and reservation holders have recently been noticing a slow down in […]

Elon Musk may skip future Tesla Earnings Calls
On Monday, Elon Musk dropped a bombshell. He noted he would no longer be the default to lead the earnings calls. Instead, he will do the annual shareholders meeting and only attend the earnings calls […]