Tesla is planning to finish the design and engineering of the next-generation Tesla Roadster by the end of this year and “hopefully” put the vehicle into production next year, according to CEO Elon Musk at Tesla’s shareholder meeting today. The next-generation Roadster was originally announced by surprise in 2017 at the Tesla Semi Unveiling event.
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Tesla (TSLA) is holding its annual Shareholders Meeting at 4PM ET today and here you can find all the news coming out of the event. You can watch the live stream of the event below. Like every public company, Tesla has to hold an annual shareholder’s meeting where shareholders vote on some items like director
The US House of Representatives and Senate voted to restore tariffs on solar panels made in four Southeast Asian countries. President Joe Biden just vetoed that legislation. And good thing, because that legislation would have seriously injured the young US solar industry. May 16: President Joe Biden has vetoed legislation passed by the US Senate
Tesla won a critical case in Delaware’s Supreme Court to allow the direct sale of electric vehicles in the state. To this day, there are still some states that prevent Tesla and other automakers from selling directly to consumers. It’s due to old laws put in place to protect franchise dealerships against automakers that were
Tesla has applied to expand Gigafactory Shanghai to produce over 1 million vehicles and add pouch battery cell production. Gigafactory Shanghai is a significant success story for Tesla. The factory went from beginning construction in December 2018 to starting production in December 2019. Within just two years of starting production, it became the biggest/most productive
Tesla continues to have the two top-selling vehicles in California, with the Tesla Model Y extending its #1 sales lead over the competition and the Model 3 holding strong at #2. But other manufacturers’ sales are picking up too, leading the state to a 23.2% market share for vehicles with plugs – 19.5% BEV and
Ferrari (RACE) will continue to develop and build internal combustion engines (ICE) well into the late 2030s despite calls from several of its key markets to adopt EVs. According to Ferrari’s CEO, the automaker will continue to build ICE vehicles as “an essential part of the company’s heritage.” Ferrari still resists EVs and will continue
Tesla is looking at a potential “significant investment” in France, likely in the form of a factory, following CEO Elon Musk meeting with President Emanuel Macron. Musk flew to Paris to meet with Macron today, and the goal of the meeting was reportedly to discuss the potential of Tesla investing in France. The automaker had
Chinese EV maker ZEEKR has ambitious plans in Europe over the next several years. The EV maker’s European head, Spiros Fotinos, says ZEEKR wants to be among the top three premium pure EV makers by the end of the decade. Established by the parent company Zhejiang Geely Holding Group, or simply Geely, in April 2021,
Elon Musk told Tesla employees that he wants to approve every new hire at the company personally. It’s a surprising move for a company hiring about 30,000 people per year. Electrek obtained an email that the CEO wrote to Tesla employees today. In the email, Musk said that he wants to get a better understanding
Tesla is again facing a class action lawsuit for limiting the battery capacity inside its vehicles through a software update. Back in 2019, Electrek reported on several reports from Tesla owners about seeing significant drops in range from 12 to 30 miles following a software update. The charging speed was also greatly affected. Model S vehicles with 85
Tesla is stepping up its in-car driver monitoring as it starts to count yawns, blinks, and more to keep track of how drowsy the driver is. Over the years, Tesla has been criticized for not putting a lot of emphasis on driver monitoring with its advanced driver-assist features under the Autopilot and Full Self-Driving packages.
Sweden is building the world’s first permanent electric road that will charge EVs while they’re on the move. The country has already piloted four temporary electrified roads, including in the city of Lund, in Southern Sweden (pictured above). But this 21 km (13-mile) stretch of road is going to be permanent. The electrified road is
Three EU based asset management companies holding millions in stake in Toyota Motor have submitted a shareholder request that the Japanese automaker provide a comprehensive, annual review of its climate-related lobbying efforts. Never one to miss an opportunity to show cynicism toward a steadfast BEV future, Toyota has urged his other shareholders to vote against
Tesla has relaunched its referral program, now called Loyalty Program, for its electric cars rather than just solar products. As part of it, you can now win a Cybertruck. Tesla doesn’t like to spend on marketing or advertising, and instead, relies on its user base to promote its vehicles and reward them in the process.
Tesla announced that it won’t be producing Model S and Model X vehicles in right-hand-drive configuration any longer. Many Tesla Model S and Model X buyers in right-hand-drive markets woke up to a bad surprise today. Tesla told them that they either canceled their orders or have to switch it to a left-hand-drive version. Some
Honda showcased its second fully electric vehicle Friday at a media event in Germany. The new Honda e:Ny1 electric SUV will be the first model to ride on the automaker’s new dedicated EV platform. Meet the new Honda e:Ny1 electric SUV The new electric SUV will mark several firsts for the Japanese automaker. According to
Japanese games giant Nintendo hopes the latest instalment in their Legend Of Zelda franchise will sell in similar numbers to its predecessor. The Legend Of Zelda: Tears Of The Kingdom has been met today with overwhelmingly positive reviews from print and online outlets. Sky News played the game the day before its release and first
Tesla has achieved its goal of producing 5,000 Model Y vehicles in a week at Gigafactory Texas, which was the original goal for volume production at the plant. The automaker has been simultaneously ramping up two major factories, Gigafactory Berlin and Gigafactory Texas, to volume production. It created a friendly competition between the two. When
A Tesla Cybertruck prototype was spotted stuck in a field in rural Texas following the groundbreaking ceremony for Tesla’s new lithium refinery. There aren’t that many Cybertruck prototypes out in the wild, which makes every sighting quite interesting. Different sightings from varying angles can unveil new things about the highly anticipated electric pickup truck. The