Tesla confirms sale of 10% of Bitcoin holdings
On the Q1 Tesla Earnings call on April 26, Elon Musk confirmed the company sold 10% of their bitcoin holdings. The 10% sale made the company $272 million per the Q1 financial release. Musk noted […]
Tesla confirms Semi production and deliveries will begin in 2021
Tesla released its Q1 2021 earnings report this afternoon, posting a seventh consecutive profitable quarter. As it always does, the report included much more than just financial figures and was littered with tidbits of information […]
Mumbai to be home to Tesla’s first showroom in India
Tesla’s expansion into India is getting closer as the automaker has selected Mumbai as the home of their first showroom in the country. Earlier this month we reported that Tesla hired an executive to lead […]
Tesla’s vice president of legal moves to LiDAR maker Luminar
After being Tesla’s vice president of legal and acting general counsel for almost four years, Al Prescott has announced he is leaving the automaker to join LiDAR start-up Luminar. In a statement to CNBC, Prescott […]
VW ID.4 named World Car of the Year 2021
The international World Car Awards has announced the list of winners for their 2021 edition, putting the Volkswagen ID.4 electric SUV at the top of their list. The all-electric ID.4 made it to the top […]
Used Tesla buyer in B.C. thought Autopilot was included on their Model 3, turns out it wasn’t
A B.C. couple recently purchased a 2019 Tesla Model 3 from North Shore Acura in North Vancouver. The ad for the used Tesla indicated Autopilot was included on the vehicle, something which was confirmed after […]
You can now submit your questions for Tesla’s Q1 2021 earnings call next week
Ahead of Tesla’s Q1 2021 earnings call scheduled for April 26, shareholders can now submit their questions to be asked during the livestream event. To participate, shareholders have to link their brokerage account with the […]
Federal Budget 2021 includes new tax on luxury vehicles, impacting Tesla Model S and X buyers
The Government of Canada tabled its first budget in two years this afternoon, and with it introduced a new tax on luxury goods including yachts, personal aircraft, and vehicles. According to the official Budget 2021 […]
Vancouver Island trio win $200K grant for electric vehicle battery proposal
The University of Victoria (UVic) and two Vancouver Island companies have been awarded a $200,000 grant for their work on electric vehicle (EV) battery packs. Rainhouse Manufacturing Canada Ltd., based in Victoria, and Parksville’s Canadian […]
Tesla and Ex-Engineer settle stolen Autopilot source code lawsuit
Tesla and a former employee have settled a suit over the source code for Autopilot. Tesla alleged that Cao Guangzhi, a former employee, stole and copied Tesla source code for Autopilot, and later provided to […]
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