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Tesla provides update on 4680 battery cell production
During the Tesla Q2 2022 earnings call, CEO Elon Musk and Senior Vice President, Powertrain and Energy Engineering Drew Baglino provided a number of updates on how the 4680 production ramp is going at Kato […]

Tesla reveals how many miles have been driven on Full Self-Driving (FSD) Beta, and it’s a lot
Tesla has published how many miles have been driven by people using Full Self-Driving (FSD) Beta, revealing for the first time in their Q2 2022 financial report they have now hit 35 million cumulative miles […]

Tesla annual production capacity nears 2 million units
Tesla has opened two new factories this year with both Giga Berlin and Giga Texas coming online in March and April. With their Fremont factory producing record numbers of cars and Giga Shanghai receiving upgrades […]

Tesla sells 75% of their Bitcoin holdings
Tesla has sold the majority of their Bitcoin holdings, announcing in their Q2 2022 financial report they have converted approximately 75% of their Bitcoin purchases into fiat currency. According to the report, this conversion added […]

Tesla Q2 2022 earnings beat expectations
Tesla has posted their Q2 2022 financial results and despite a difficult quarter that saw their production and delivery figures drop compared to the previous quarter, they were still able to post a positive financial […]

Hyundai working on an affordable electric car for Europe
Hyundai wants to fill the needs of EV drivers on a budget. The automaker is developing a purely electric minicar, although it will take a while for the EV to be available, as reported by Automotive […]