Latest News
All Tesla Model Y variants now qualify for $7,500 US tax credit
The Internal Revenue Service (IRS) has updated their list of electric vehicles (EVs) eligible for the $7,500 tax credit and now all variants of the Model Y qualify for the full credit. The inclusion of […]
Tesla preparing Silicon Valley office for AI talent
Tesla is close to setting up a large office in Silicon Valley for its artificial intelligence (AI) team. A sign was spotted bearing the address and Tesla’s name on a large office building close Stanford […]
Ford confirms EV unit will not be profitable until 2026
Ford has confirmed that their EV unit will not be profitable until their second-generation vehicles start arriving in 2026. The profit for the company continues to come through its ICE brands via the Bronco, Mustang […]
Investment guru Cathie Wood would hold Tesla stock for 10 years; to reach $1,500 in five years
Cathie Wood of Ark Invest has revealed if she were to hold a stock for ten years, it would be Tesla. The top-shot investment manager gave her reasons in an interview on Twitter spaces this […]
Tesla ranks second behind Genesis in latest Consumer Reports’ most loved brands ranking
Tesla makes great cars, which is why it is no surprise its customers tend to stick with the brand when changing cars. The company comes second in the latest ranking of most loved car brands […]
Ford ends 2022 with a horrible 4th quarter and posts a $2 billion net loss for the year
Ford ended 2022 with a whimper, as the company fell short of Wall Street projections for earnings. The company had a miserable fourth quarter, with net income only coming in at $1.3 billion. To put […]