Latest News

Tesla begins accepting questions for Q1 2024 earnings call
With Tesla’s Q1 2024 earnings call scheduled for April 23, the company has now started accepting questions that will be asked during the Q&A segment of the call. Tesla has once again opted to use […]

Lucid Air Grand Touring gets new heat pump and faster charging, maintains 516 mile range
Lucid has returned the Air Grand Touring to its 2024 lineup. The long-range EV is coming with several upgrades like a heat pump and drivetrain improvements. The Air Grand Touring is still Lucid’s longest-lasting electric sedan on […]

Rivian Announces Another Round of Layoffs
Rivian has announced another round of layoffs, marking its third round of layoffs in just 12 months. The latest layoffs affected about 1% of Rivian’s workforce. This move follows previous workforce reductions of 6% in […]

Tesla to Begin Construction of Megafactory in Shanghai in May: Report
Tesla’s plans to build a Megafactory in Shanghai are once again in the news. According to sources, the company expects to begin construction in May. The Megafactory in China will be Tesla’s first energy storage […]

Tesla brings back 0% financing in Germany
Tesla has reintroduced a 0% financing offer in Germany, the second time it has done so in 2024. The reintroduction of the offer comes just two weeks after also relaunching the financing incentive in China. […]

Tesla Seeks Shareholder Vote to Relocate to Texas and Reapprove Elon Musk’s $56 Billion Pay Package
Tesla has filed its proxy statement and will ask shareholders to relocate its state of incorporation from Delaware to Texas and reapprove CEO Elon Musk’s compensation plan at its 2024 Annual Shareholder Meeting, scheduled for […]