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Elon Musk’s Twitter buyout deal “on hold” amid claims that less than 5% of users are spam/fake accounts

Volkswagen ID.5’s driver assist tech gets top score in the Euro NCAP

Elon Musk looks to eliminate margin loans from funding for Twitter buyout

SpaceX ready to begin training astronauts for first private spacewalk

Rivian’s Q1 results prompts Wedbush’s sharp rebuke: “A train wreck since its IPO”

Rivian Automotive (RIVN) is up on Thursday’s intraday after the company reiterated its full-year production target. The company reported an adjusted loss per share of $1.43 in Q1, slightly beating consensus estimates of a loss per share of $1.45. ...

IKEA US plans to sell solar panels starting Fall 2022

Ikea U.S. recently announced a partnership with SunPower Corp. to provide residential solar solutions to customers. The initiative is called Home Solar with IKEA. It is expected to launch in Fall 2022 in select California markets. “The launch of ...

The Boring Company’s San Antonio project not a high priority: “I don’t know what it accomplishes”

The Alamo RMA’s Opinions Nonprofits Concerns for Endangered Species Nirenburg’s Focus San Antonio Mayor Ron Nirenberg doesn’t see the need for a Boring Company tunnel in his city. Mayor Nirenberg is focused on developing his transportation initiative, called ConnectSA, ...

Tesla to face jury in litigation over Model S crash in 2018

Tesla will face a jury in litigation over a 2018 Model S crash, resulting in the deaths of Barrett Riley and his friend, Edgar, in Florida. The trial may be set for July. On May 8, 2018, Barret Riley ...

Rivian reaffirms ~25K production goal for 2022, reports solid demand despite price increase

Supply Chain Challenges Preorders and Prices Rivian generated $95 million in revenue for Q1 2022, reporting a negative gross profit of $502 million. The EV startup also revealed that it produced 2,553 vehicles in the first quarter and delivered ...

Volkswagen to launch electric pickup & SUV in the US, production starts 2026

On Wednesday, May 11, Volkswagen Group’s Supervisory Board confirmed the company’s plans to launch an all-electric pickup truck and rugged SUV for the US market. VW plans to produce the electric pickup truck and rugged SUV under a separate ...

Elon Musk confirms Russia is ramping its efforts to disrupt Starlink’s service in Ukraine

SpaceX’s Starlink satellite internet service has become invaluable to Ukraine amidst the country’s ongoing war against Russia. According to Elon Musk, however, Russia has increased its efforts to disrupt Starlink’s service to Ukraine. Fortunately, Musk also stated that Russia ...

Tesla wants Panasonic to ramp the development of its 4680 cells: CFO

In a statement on Wednesday, Panasonic Chief Financial Officer (CFO) Hirokazu Umeda revealed that Panasonic Holdings Corp. is being asked by Tesla to speed up its development of 4680 cells. Tesla’s demand for 2170 cells also remains strong, according ...

A Tesla Megapack caught fire last July in Australia — We now know what happened

Last July, a Tesla Megapack in the 300MW/450MWh Victoria Big Battery caught fire while it was being tested. The fire spread to another battery, resulting in two Megapacks in the installation being destroyed. An investigation into the incident was ...

Elon Musk expects to remain at Tesla as long as he is “useful” for the company

Elon Musk recently confirmed that he intends to stay at Tesla as long as he can provide value for the electric vehicle maker. Musk’s comments were shared during his interview at the Financial Times‘ Future of the Car 2022 ...

Tesla to add industry connectors to Supercharger Network in the US

During an earnings call back in 2018, Tesla CEO Elon Musk announced that the Supercharger Network is not a “walled garden.” Musk stated then that other EV manufacturers are welcome to use the Supercharger Network provided that they share ...

Tesla China exports first batch of electric cars since resuming vehicle production

Tesla China’s wholesale figures may have seen a massive drop in April as Giga Shanghai was shut down amidst the country’s anti-Covid measures, but May is shaping up to be completely different. This was highlighted recently when Tesla China ...

SpaceX President updates schedule for Starship’s orbital launch debut

Will FAA or won’t FAA? A series of tubes SpaceX COO and President Gwynne Shotwell says that the company now expects Starbase to be ready for Starship’s first orbital launch attempt as early as June or July, pushing the ...

Volkswagen Scout brand comeback teased as part of its US expansion plans

Volkswagen plans to revive the Scout off-road vehicle brand. The Scout brand’s resurrection will help Volkswagen in its bid to expand in the United States. People familiar with the matter told the The Wall Street Journal that VW’s board ...

Ford sells 8M Rivian shares for $214M and is still its fourth-largest shareholder

Ford sold eight million Rivian shares for $26.80 per piece, amounting to $214 million in total, according to a Form 4 SEC filing on May 10, 2022. Despite selling a chunk of its Rivian shares, Ford remains the EV ...

Tesla might stop taking orders if delivery times get too long

Tesla might stop taking custom vehicle orders once delivery times get too long. In an interview with Financial Times (FT), the host asked Elon Musk if his actions with Twitter could potentially lead to a “commercial impact” on Tesla. ...

NHTSA confirms Tesla will halt in-car gaming while vehicle is in motion

Tesla will deactivate Gaming features while its vehicles are in motion following the launch of an NHTSA probe into the feature. Yesterday, the NHTSA announced that it would launch a probe investigating the “Passenger Play” features within a Tesla. ...

Tesla signs one-year, $422M contract with Hyundai Glovis to ship Giga Shanghai exports

Tesla has signed a one-year, $422 million contract with South Korean logistics company Hyundai Glovis to transport vehicles from the automaker’s Gigafactory in China to other regions. Tesla has been using Gigafactory Shanghai, located on the southern shores of ...

Here’s exactly what Elon Musk said about letting Trump back on Twitter

During his interview with Financial Times, Tesla CEO Elon Musk stated that he would allow former U.S. President Donald Trump to return to Twitter if the deal goes through after he secured a $44 billion deal for the social media ...

Tesla CEO Elon Musk says Volkswagen is no. 2 in electric vehicles

Elon Musk said Volkswagen was the company making the most progress on electric vehicles following his automaker, Tesla, after being asked which startups impressed him the most during an interview with Financial Times. Interestingly, the question did not ask Musk ...

Made-in-Germany Tesla Model Y proves surprisingly fun in the Nurburgring

Elon Musk was not joking. Teslas are really things that maximize fun. This is true, it seems, even if one drives the company’s “slowest” performance car around one of the world’s most famous and most dangerous racetracks. The Tesla ...

SpaceX to ramp its Tesla Powerpack installations at its Starbase facility

Reports have emerged stating that SpaceX is expanding its onsite solar and battery storage systems at its Starbase facility in Boca Chica, Texas. The expansion will reportedly add 750 kW of solar and about 4 MWh of energy storage. ...

Rivian chooses Georgia for its next electric vehicle production plant

Rivian Automotive has chosen Georgia as the location for its next United States production plant. The company confirmed this in its Q3 2021 Earnings Call Shareholder Deck earlier today. “Building our recently announced second domestic manufacturing facility near Atlanta, ...

GMC Hummer EV makes its way to customers for first deliveries

After a long-anticipated wait, the GMC Hummer EV is finally making its way to customers for first deliveries, the automaker announced earlier today. “The first 2022 GMC HUMMER EV Pickups have been produced at Factory ZERO, and customer deliveries will ...

Tesla hit with new lawsuit over Musk’s stock sale Twitter poll, Warren Tweets

Tesla is being hit with a new lawsuit from institutional investors that questions whether the frontman’s Tweets are being reviewed. Several Tweets brought on the lawsuit, including one, sent on November 6th that polled Musk’s over 66 million followers ...

Tesla to roll out OTA update to address infotainment system display issue

Tesla is rolling out a free over-the-air (OTA) software update for select vehicles to address an overheating issue on the EVs’ center touchscreens. The update is being labeled as a safety recall, as per the National Highway Traffic Safety ...

Panasonic considering new US-based facility to supply batteries for Tesla: report

Longtime Tesla battery partner Panasonic is reportedly weighing the idea of building a new battery plant in the United States. The new facility would be built to supply Texas-based electric vehicle maker Tesla. Panasonic is one of Tesla’s most ...

Tesla China’s Giga Shanghai shutdown evident in April’s 97.7% drop in vehicle sales

Tesla’s Gigafactory Shanghai was shut down for over three weeks in April, and when it reopened, it had to use a closed-loop setup that saw its employees sleeping on the facility’s premises. The effect of this long shutdown on ...

Ford to open F-150 Lightning ordering bank in January 2022

Ford is planning to open the ordering bank for the F-150 Lightning in January 2022, internal company documents indicate. The Ford F-150 Lightning is the legacy automaker’s second electric vehicle, following the Mustang Mach-E. The F-150 Lightning is the electric ...

Boring Company San Antonio project gets some competition

The Boring Company’s (TBC) potential San Antonio project has some competition. The Alamo Regional Mobility Authority (RMA)received four proposals from other contractors to transport people between San Antonio International Airport and downtown. The Alamo RMA received five proposals in ...

Tesla Giga Shanghai halts production due to supply chain challenges

Tesla Giga Shanghai has hit another snag in production. Tesla China halted production at Gigafactory Shanghai due to supply chain issues. People familiar with the matter informed Reuters that Tesla suppliers have recently faced supply issues. For instance, wire harness maker ...

Ford launches zero-carbon EV charging from home in California

Ford announced today that it is launching a new program aimed toward promoting sustainable home electric vehicle charging. The program will allow EV owners in California to opt into carbon-neutral vehicle charging that will reduce their carbon footprint from ...

SpaceX completes second Falcon 9 launch and landing in 15 hours

SpaceX has successfully completed two Falcon 9 launches and booster landings in just 15 hours, delivering around 20 metric tons (44,000 lb) of satellites to orbit. Carrying an expendable upper stage, payload fairing, and Turkey’s Turksat 5B geostationary communications satellite, ...

Elon Musk jokes about his “unrequited love” towards Bernie Sanders

Elon Musk may be prone to striking back without hesitation to his critics online, but the Tesla and SpaceX CEO still seems quite fond of some of the United States’ climate advocates. This was hinted at in one of ...

GMC Hummer EV custom icons include cheeky Tesla Cybertruck easter egg

It appears that Tesla is not the only automaker that has a big sense of humor. For the GMC Hummer EV, General Motors opted to provide the hulking all-electric pickup truck with a set of custom icons that users ...

The Boring Company’s Bastrop site under investigation

The Texas Commission on Environmental Quality (TCEQ) opened investigations into The Boring Company’s Bastrop site after receiving three complaints about wastewater and concrete production. The complaints have resulted in a pair of investigations into The Boring Company’s Bastrop site. ...

Tesla is testing a ‘Refreshed’ Model S Plaid: New taillight design, charging door flap

Taillight Design Revisions Charging Port Door Design Revisions Tesla is already making revisions to the newest version of its flagship sedan, the Model S. Eyewitnesses have spotted a ‘Refreshed’ version of the 2022 Model S Plaid, which was just ...

Tesla rolls out active noise reduction for Model S Plaid and Long Range

Tesla has started rolling out its Active Road Noise Reduction feature for the new Model S and Model X. The function allows the cabin to be quieter when the vehicle is driving over rough surfaces. The feature was introduced ...

Rivian reports Q3 Earnings: $82M negative gross profit, Production updates, new plant location

Rivian Automotive (NASDAQ: RIVN) has reported its earnings for the third quarter of 2021. The electric automaker reported a reasonable quarter, completing its first production units and completing deliveries shortly thereafter. Additionally, Rivian reported a profit of $1 million ...

Rivian R1 reservations rose by 48% in two and a half months

Rivian R1 reservations are rising based on the company’s Q3 2021 Shareholder Letter. Rivian recently held its first Earnings Webcast, providing some updates for investors. Rivian reported an increasing preorder customer base between the end of Q3 2021 to ...

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