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Ark Invest increases Tesla position as Cathie Wood’s confidence grows with prospect of ride sharing
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 […]

Texas freeze: Charging your Tesla now costs nearly $1,000
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. […]

2022 Hyundai Kona EV gets smooth exterior redesign, updated interior
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 […]

SpaceX raises $850 million in latest funding round, valuation now at $74 billion
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 global EV sales lead to VW by 2025: Analyst
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, […]

Lucid Motors close to SPAC deal: Report
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 […]