S&P has upgraded Tesla’s credit rating to investment grade, from BB+ to BBB. S&P said in an announcement on Thursday that Tesla’s strong performance in 2022 was the catalyst for the upgraded rating. According to […]
Tesla has published its preliminary production and delivery figures for the third quarter of 2022, easily setting new records for both figures as the company ramps production at two brand new factories. Tesla Q3 2022 […]
Tesla’s German operation is ramping up. The EV company produced 2,000 units of the Model Y at its new factory Giga Berlin this week. The official Tesla account shared the milestone on Twitter, showing the […]
Tesla recently completed a project at Giga Shanghai to increase the factory’s production capacity to above 1 million units per year. Despite the higher capacity, Tesla is reportedly going to cap Giga Shanghai’s output for […]
China is proving to be a vast EV market, and Ford wants a slice of the pie. The American automaker has created a new operating entity to coordinate its effort in the Asian country, as […]
The Chinese government has announced it will extend a tax break that will help electric vehicle (EV) owners reduce the cost of purchasing of their electric cars until the end of 2023. The tax break […]
A new analysis of Tesla’s order backlog reveals that it looks like it is improving, albeit slowly. According to an analysis by Troy Teslike, Tesla’s estimated order backlog is roughly 414,000 cars as of the […]
XPeng, the Chinese EV manufacturer, has officially announced the launch of a pilot program of its City Navigation Guided Pilot. The pilot program is for the company’s Advanced Driver Assistance System (ADAS). Some XPeng P5 owners […]
Tesla is aiming to double their sales in Germany this year. In 2021 the automaker sold just under 40,000 vehicles in Germany, but according to a local Tesla site manager who spoke to the publication […]
The Cotati Police Department in California unveiled its first electric patrol car earlier today. The Tesla Model Y was presented to the police department in a ceremony at La Plaza Park. Cotati Mayor, Mark Landman, […]
