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![Musk looks on at SpaceX Falcon 9 post-launch news conference in Cape Canaveral](https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2019/09/Elonmusk.jpg?fit=975%2C650&ssl=1)
Elon Musk inches closer to possible $900 million payday as stock soars
Tesla CEO Elon Musk doesn’t receive a salary from the company. Instead, he only gets paid based on stock options that vest based the automakers market capitalization, and milestones for revenue and growth. With the […]
![Lots of Teslas](https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2019/10/Lots-of-Teslas.png?fit=975%2C548&ssl=1)
Despite coronavirus, Tesla posts strong Q1 2020 earnings beating expectations
Tesla has released their Q1 2020 statement before the earnings call later this afternoon, and posted some strong numbers within it, delivering the best Q1 earnings in the history of the electric automaker. Earlier this […]
![Lexus UX 300e](https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2020/04/2020-lexus-ux-300e-7.jpg?fit=975%2C548&ssl=1)
Lexus releases their first EV in China
The Chinese electric vehicle (EV) market is the biggest in the world, and Lexus is hoping to take a piece of that pie with their first all-electric SUV. The Lexus UX 300e was officially released […]
![Electric GMC Hummer](https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2020/01/Electric-GMC-Hummer.png?fit=915%2C609&ssl=1)
GM delays electric Hummer reveal due to coronavirus pandemic
General Motors gave us a sneak peak at their electric Hummer during Super Bowl LIV earlier this year, with plans to release the electric truck late in 2021. We reported two weeks ago the official […]
![Lincoln logo](https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2020/04/Lincoln-logo.png?fit=975%2C533&ssl=1)
Ford and Rivian cancel plans for joint venture Lincoln electric vehicle program
The coronavirus has claimed its first electric vehicle (EV) victim, as Ford’s luxury brand Lincoln and Rivian have announced the cancellation of their plans to build an EV. In their joint statement to announce the […]
![BMW iX3 leak front](https://i0.wp.com/driveteslacanada.ca/wp-content/uploads/2020/04/BMW-iX3-leak.png?fit=472%2C330&ssl=1)
Here’s BMW’s electric SUV that won’t be coming to North America
BMW announced earlier this year that their iX3 electric SUV was no longer going to be coming to North American shores. While declining to provide an official reason for the change in plans, it is […]