Tesla had another hiring boom in 2021
One of the biggest wins for Tesla in 2021 was that the company saw a 40.1 per cent increase in its overall workforce. This according to a 10-K filing to the Securities and Exchange Commission […]
GM pushing faster EV launches ahead of profits
General Motors (GM) is spending more than the $35 billion previously planned to speed up launches of their new EVs. The company noted that investments in technology would take priority over profits in 2022. GM […]
Elon Musk fights back after Tesla snubbed at White House Forum
A mere hours before Tesla’s Q4 earnings call, President Joe Biden met with Tesla’s most prominent rivals to applaud their efforts to push to electrify. The President met with the car manufacturers to praise their […]
Tesla Model 3 Long Range outlasts Mercedes Benz EQS in cold weather range test in Norway
Despite having a more range on paper, the Mercedes Benz EQS 580 was no match for the Tesla Model 3 Long Range in a recent cold weather range test in Norway. The winter test, conducted […]
GM confirms $7 billion investment to make Michigan its EV development and manufacturing hub
General Motors is betting big on Michigan. The US automaker will invest $7 billion in four manufacturing facilities. This news confirms the rumours we reported earlier this month and last week. In addition, Michigan will […]
State of Michigan confirms planned GM investment of $6.5 billion
According to reporting by Forbes, General Motors (GM) is investing a further $6.5 billion in the State of Michigan. State documents published Friday show that GM and Ultium Cells are planning an investment in electric […]
Bank of America predicts Tesla’s EV market share in the US will drop to 19% in two years
Tesla has dominated electric vehicle (EV) sales in the US. The Texas-based automaker held a commanding 79% share of the EV market in 2020. That number dropped a bit in 2021, down to 66.3% through […]
Appeals Court rejects Tesla’s request for automakers to pay higher penalties for failing to meet fuel economy standards
In April last year Tesla asked the Second Circuit US Court of Appeals to quickly reinstate higher penalties on automakers failing to meet Corporate Average Fuel Economy (CAFE) requirements. The penalties were supposed to start […]
Tesla tops IMD’s Future Readiness Indicator study for the third year in a row
According to IMD, one of Europe’s top business schools, Tesla is the best set up to succeed in the future. IMD’s latest Future Readiness Indicator study looked at the automotive sector specifically, focusing on a […]
Tesla tops EV sales in Canada in 2021, Model 3 the fifth best selling car overall
In a year where most automakers saw double digit declines in sales, Tesla was able to buck the trend and grow sales to nearly 1 million units in 2021. We saw earlier today that a […]
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