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Tesla to Introduce New Stock-Based Compensation Plan for High-Performing Employees
Tesla is set to introduce a new stock-based compensation plan aimed at rewarding high-performing employees. The announcement was made through an internal memo seen by Reuters, where Musk emphasized that the new stock options would […]

Tesla buyers account for a quarter of Canada’s EV incentive claims in 2024
Tesla buyers have accounted for the major share of Canada’s federal iZEV incentive, claiming about one-quarter of successful applications. Transport Canada has revealed statistics about the country’s EV incentive program, iZEV. The data shows that […]

Tesla Launches Powerwall 3 Sales in Germany & UK
Tesla has unveiled the latest generation of its Powerwall 3 home energy storage system in Germany and the UK. The battery can power homes, saving on bills and ensuring uninterrupted power supply. Powerwall 3 is […]

Tesla Model Y tops 2024 American-Made Index for third consecutive year
Tesla has once again dominated the list of most American made cars, with the Model Y securing the top spot on Cars.com’s 2024 American-Made Index for the third consecutive year. With Tesla’s strong manufacturing base […]

Fisker files for bankruptcy after months of teetering on the brink
Fisker has filed for bankruptcy in Delaware, after months of financial turmoil and rumours of investments to save the embattled automaker. According to the filing, Fisker has between $500 million and $1 billion in assets […]

FLO secures $136 million in Series E funding to accelerate EV charging solutions and infrastructure expansion
FLO announced that the company wrapped up their latest investment round during their Series E equity financing round. During this series, FLO raised $136 million of long-term capital, led by Export Development Canada. The investment […]