Latest News

Lyft Sells Its Self-Driving Division To Toyota For $550 Million
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., […]

Tesla’s Q1 2021 earnings report triggers $11 billion stock tranche for CEO Elon Musk
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 […]

Lucid Motors CEO and VP of Manufacturing give behind the scenes look at AMP-1 factory [Video]
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, […]

North Battleford Tesla Supercharger site plans revealed [Saskatchewan]
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 […]

Ford announces pricing for Mach-E GT and GT Performance Edition, coming later this fall
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 […]

Tesla confirms sale of 10% of Bitcoin holdings
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 […]