Tesla’s stock (TSLA) surged back up and recovered from a premarket tumble as the market seems to be reassured by the reiteration of the automaker’s annual delivery goal. As we reported this morning, Tesla released its Q3 2023 delivery and production numbers. At 435,000 deliveries, the number came below Wall Street expectations, which we thought
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Tesla has managed to weasel its way out of a class-action lawsuit over its Full Self-Driving claims because it argued that customers have agreed to take any issue to arbitration in their contracts. The situation around Tesla selling its “Full Self-Driving Capability” (FSD) package before actually having figured out self-driving technology would inevitably lead to
Several leading Chinese EV makers, including BYD and NIO, posted strong sales results this week. NIO hit a new record in Q3, while BYD continued its dominant streak with record-breaking EV sales in September. BYD record September EV sales close gap with Tesla China continues leading the way in the auto industry’s shift to electric
All-electric aircraft developer BETA Technologies is putting the finishing touches on a new assembly facility in its native Vermont we learned about earlier this year. With two impressive electric aircraft in its arsenal working to get certified for commercial flights, BETA is already assembling eVTOLs at its new home. Here’s the latest. BETA Technologies is
Tesla has launched a slightly updated Model Y in China with an LED light strip, new wheels, and faster acceleration. It’s not a major update, but it is worth noting. While all eyes are still on the rollout of the new Model 3, Tesla has quietly released an updated version of the Model Y out
Tesla (TSLA) released its Q3 numbers today, and the automaker missed expectations by a decent margin despite warning Wall Street. As we previously reported, delivery expectations were all over the place this quarter due to a warning from CEO Elon Musk. The CEO said that factory upgrades throughout the quarter would result in shutdowns that
With car bloat so prevalent on US roads these days, you’d be hard pressed to find a compact car in any typical parking lot. But if everyone is arming up with SUVs, then I’ll just have to go even bigger with my own double decker bus. Since a 9,000 lb Hummer has somehow become an
The Netherlands’ Hollandse Kust Zuid 1.5 gigawatt (GW) offshore wind farm – the first subsidy-free wind farm in Europe – is now inaugurated. Hollandse Kust Zuid is in the North Sea, 18-36 kilometers (11-22 miles) off the Dutch coast between the towns of Scheveningen and Zandvoort. It’s jointly owned by Vattenfall, BASF, and Allianz. It’s subsidy-free
This week, Honda revealed new information about its upcoming mini electric N-Van e with an anticipated 130 miles (210 km) of range. The new Honda N-Van e is built for business and personal use with features like vehicle-to-home (V2H), a flexible interior, and portable power capabilities. The Japanese automaker announced plans last December to launch
US solar is growing at a breakneck speed, and it hit several big milestones in July, according to newly released government data. In its latest monthly “Energy Infrastructure Update” report (with data through July 31, 2023) reviewed by the SUN DAY Campaign, the Federal Energy Regulatory Commission (FERC) says solar provided 1,824 megawatts (MW) of
Tesla quietly held an “Installer Day” amid a move to rely more on third-party installers for its energy business. Over the last year, we have been reporting on Tesla making a major change in strategy in its solar and energy storage business. Ever since Tesla acquired SolarCity in 2016 and turned it into its own
A Tesla Semi electric truck traveled over 1,000 miles in a single day in a real-world test for a new independent study. There have been a lot of doubts about class 8 battery-electric semi-trucks. Many didn’t think that they would ever be able to compete with diesel trucks. Bill Gates was among those doubters. Gates argued
The Volkswagen brand is preparing its network for the future of electric mobility. Volkswagen announced Friday it will produce a new electric SUV at its main plant in Germany. Meanwhile, an electric version of its iconic Golf will follow on the new SSP platform. New electric Volkswagen SUV coming to Wolfsburg “We are using the
Tesla has broken ground on the site of its planned futuristic diner with a drive-in theater and Supercharger station. Yes, it sounds like that crazy project is actually happening. This project has been in the works for a long time. In 2018, Elon Musk said that Tesla planned to open an “old school drive-in, roller skates &
Tesla has a well-known lead in the US electric vehicle market, but these two new charts help visualize that lead to a degree that should embarrass all other automakers in the US. For over almost a decade now, Tesla has been the EV market in the US. My Grammarly is asking me to correct to
Another German automaker may be looking to China for electric vehicle tech. A new report claims that Mercedes-Benz and NIO have discussed a potential EV tech partnership. The report from Reuters states two people familiar with direct knowledge of the matter claim the automakers have had “exploratory talks” where Mercedes-Benz would invest in Chinese EV
Tesla has started to deliver Cybertruck launch event apparel to employees – hinting at an imminent launch for the electric pickup truck. We still don’t have a date for the Cybertruck launch event. The last official words came from CEO Elon Musk, who said he expected Tesla to hold a delivery event for Cybertruck at
We are finally getting a sneak peek of Honda’s first 100% electric SUV arriving next year, the Honda Prologue. With pre-sales starting later this year, here’s what you can expect regarding pricing and range. Honda unveils its first 100% electric SUV Honda unveiled the Prologue last October, co-developed by General Motors. The Japanese automaker has
Tesla is going into a critical trial today over a death that reportedly happened in an Autopilot crash. The result of the trial could have an impact on the legal outcomes of other similar incidents. Starting today, the trial is taking place in California’s Riverside County Superior Court over a civil lawsuit brought by Micah
While Tesla is not directly involved in the United Auto Workers (UAW) strike affecting the Detroit Big Three automakers, it still looms large over the situation as both sides of the table feel the EV giant breathe down their necks. The UAW strike has been going on for two weeks now and it is a
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