Entertainment

Tesla’s stock (TSLA) has surged to a $1 trillion valuation – seemingly over the assumption that the Trump and Musk relationship is going to benefit the automaker. The company is virtually worth more than the next 10 biggest automakers combined. Tesla has extended its post-election rally another 7% this morning – resulting in its valuation

Photo: Trina Solar Trina Solar is selling its Texas solar panel factory as the US scrutinizes Chinese companies cashing in on Inflation Reduction Act tax breaks. FREYR Battery is acquiring Trina Solar’s 5 gigawatt (GW), 1.35 million-square-foot solar panel factory in Wilmer, Texas, that only just came online on November 1. FREYR, which was founded

Tesla has launched Cybertruck leases starting at $999 a month to boost demand for its electric pickup truck. As we reported earlier this week, Tesla appears to have been running out of its backlog of Cybertruck reservation holders in the US based on the fact that people without reservations can order one and get it

Photo by Social Soup Social Media on Pexels.com Canada has secured more than $50 billion in EV-related investment over the past three years, all gearing up for US demand, with Canada’s economy “deeply intertwined” with the US – but Trump may throw a major wrench into the plan. As newly elected president Donald Trump soon

Finally, Bentley says it has found the winning formula to giving an all-electric vehicle the Bentley stamp of approval. It’ll scream luxury and likely cost a bloody fortune. The British ultra-luxury brand, owned by Volkswagen AG, is once again pushing back its target to exclusively offer BEVs by five years to 2035, but says it

Battery manufacturer LG Energy Solution just announced that its Arizona subsidiary has signed a long-term supply agreement with US automaker Rivian for 4695 cylindrical batteries. The cells will be produced at LG Energy Solution Arizona’s new standalone US facility beginning next year and will power Rivian’s upcoming R2 BEVs. LG Energy Solution (LGES) is a

Mexico wants to ask Elon Musk if Tesla still plans to build its ‘Gigafactory Mexico’ now that Trump has won the elections. After months of speculations, Tesla officially announced Gigafactory Mexico back in March 2023. At the time, Tesla talked about moving fast and building the plant in about a year, like it did in Shanghai. However,

Nissan is in full-throttle emergency mode to save itself: the automaker is cutting 9,000 jobs, slashing production capacity, and selling off its stake in Mitsubishi Motors. The CEO is also reducing his own salary by half. CEO Makoto Uchida – who took the job amid the epic Carlos Ghosn disaster – today unveiled a “sweeping”

Ford is gearing up to launch new EVs overseas as it battles for global market share. Ahead of its EV blitz, Ford is currently the fastest-growing auto brand in Saudi Arabia. The American automaker is laying the groundwork for “an electrified future” in The Middle East. Ford sees sales surge in Saudi Arabia with EVs

On today’s episode of Quick Charge, I, for one, welcome our new insect overlords. I’d like to remind them that, as a trusted media personality, I can be helpful in rounding up others to toil in their underground sugar caves cobalt mines. We’ve also got the world’s quickest police pursuit vehicle, an Amnesty International report

Photo: Dominion Energy Donald Trump will push fossil fuels and undo renewable energy policies, but it ultimately won’t stop clean energy’s momentum. Trump has always pushed for more oil drilling and fewer regulations, left the Paris Agreement in his first term as president, says he hates “windmills,” promised to scrap offshore wind on “day one”

Amnesty International recognized Tesla and Mercedes-Benz for their “human rights diligence” in manufacturing their electric vehicles. There have been concerns about the rise in electric vehicle adoption leading to human rights issues, especially due to the increased need for some metals related to battery production, which are sometimes mined in difficult conditions. The bulk of

Mercedes-Benz says its upcoming entry-level CLA will set the bar for EV range, charging speed, and efficiency with advanced new tech. Ahead of its arrival, Mercedes is giving us a closer look at the sporty electric car. “With the CLA, we are ushering in a new era at Mercedes-Benz,” CEO Ola Källenius said after driving

Rideshare network Lyft has enlisted the help of self-driving and ADAS technology provider Mobileye to establish the widespread commercialization of autonomous vehicles to large fleet operators. Lyft ($LYFT) remains a household name in rideshare services alongside that other company that starts with a “U.” Both competitors appear to be embracing electrification, but Lyft especially has

Tesla’s stock (TSLA) soared by as much as 15%, but it settled down by about 11% at the time of writing on the Trump victory as Tesla shareholders believe CEO Elon Musk would get things out of backing the President. But what? I have been curious about how Tesla’s stock would react to the election

Unplugged Performance has unveiled its UP.FIT Tesla Model S Plaid police patrol car at Sema – becoming the world’s quickest police patrol car. The Tesla tuner, through its UP.FIT division, has unveiled several new police vehicles based on Tesla vehicles, but this one is the first to be based on Tesla’s top performance vehicle: Model

Donald Trump wins a second presidential term, and BMW’s CEO Oliver Zipse came out with some quick remarks – amid what is likely panic among European automakers – that BMW will be fine because of its “very, very large footprint in the US.” Meanwhile, BMW’s profit margins hit a four-year low.   European automakers are

Toyota is tightening the reins after seeing its first quarterly profit drop in two years. To maintain profits, Toyota plans to “hold off on investment decisions until the very last moment,” including EV and hybrid investments. Toyota announced that its operating income in the first half of fiscal 2025 fell to around $16 billion (2.64 trillion

Tesla appears to be doubling down on its new “Oasis” Supercharger station concept, which consists of larger stations powered by solar and a microgrid battery system. Although, this new one is a bit less ambitious. Last month, Tesla announced its “project Oasis” (pictured above), which should become one of Tesla’s largest Supercharger stations with several

Tesla has increased the range of a couple of Model Y and Model 3 configurations. It’s only a slight bump, but we will take it. Model Y, Tesla’s best-selling vehicle by a wide margin, has received a very slight range increase for the Long Range Dual Motor. It went from 308 to 311 miles on