SpaceX

Tesla (NASDAQ:TSLA) has filed a form 10-K/A with the United States Securities and Exchange Commission. The electric vehicle maker noted that it would be delaying the filing of its 2022 proxy statement for the 2022 annual meeting of stockholders, ...

Tesla recalls one 2022 Model X, replaces vehicle over missing hardware

Tesla has initiated a recall for one 2022 Model X due to a missing hardware issue. Unlike previous “recalls” initiated by the National Highway Traffic Safety Administration (NHTSA), the 2022 Model X’s recall was not fixed through an over-the-air ...

Tesla’s Elon Musk alleged to have “shadow crew” who egged on Twitter acquisition

Elon Musk’s $44 billion acquisition of Twitter reportedly did not happen just because the Tesla and SpaceX CEO was interested in the social media company. It reportedly happened partly because a “shadow crew” — several of which have their ...

Tesla Giga Shanghai has resumed over 80% production

Tesla Giga Shanghai has resumed over 80% production along with several other companies, according to Chinese official Zhang Hongtao — the chief engineer of the Shanghai Economics and Information Technology Commission. China created a “whitelist” to support companies resuming ...

Tesla Model S Plaid gives the P100D killer a headstart in drag race, dominates anyway

Back in 2017, the drag strip was haunted by a dual-motor all-wheel-drive electric car that was capable of humbling supercars on the quarter-mile. That car was the Model S P100D with Ludicrous Mode, Tesla’s flagship sedan at the time, ...

SpaceX smashes Falcon 9 booster turnaround record

SpaceX has successfully launched and landed the same Falcon 9 booster twice in three weeks, smashing the current record for orbital-class rocket turnaround. The existing record was also held by Falcon 9 and set in early 2021 when booster B1060 ...

Amazon joins Ford in reporting significant losses from Rivian investment

E-commerce giant Amazon joined Detroit-based automaker Ford in reporting significant losses from an investment in electric vehicle startup Rivian, as the company’s stock tanked from all-time-highs it reached around its IPO. Amazon reported during its Earnings Call on Thursday ...

Elon Musk sells $8.5bn in Tesla shares following Twitter acquisition

Tesla CEO Elon Musk sold $8.5 billion worth of his electric automotive company’s stock following his acquisition of social media platform Twitter this week. Filings with the Securities and Exchange Commission reveal Musk sold around $3.3 billion worth of ...

Tesla is now more profitable than Ford and GM despite selling far less vehicles in Q1

Tesla may be the rising star of America’s automotive sector, but for the longest time, Detroit giants General Motors and Ford have held significant advantages over their younger rival. Ford and GM still tend to deliver far more vehicles ...

Tesla’s Track Mode “recall” for the Model 3 Performance extends to the US

Following an announcement from China’s State Administration for Market Regulation (SAMR), the National Highway Traffic Safety Administration (NHTSA) issued a recall for over 48,000 Tesla Model 3 Performance in the United States. The recall aims to fix an issue ...

Elon Musk’s Twitter buyout pitch included cost-cutting measures: report

Tesla CEO Elon Musk is reportedly looking to implement a number of key changes on Twitter once his acquisition of the social media company is complete. These include cost-saving measures, as well as the appointment of a new chief ...

Tesla China to fix Model 3 Performance Track Mode issue through OTA update

China’s State Administration for Market Regulation (SAMR) has announced that Tesla will recall over 14,000 Tesla Model 3 Performance units over a fault in the vehicles’ speed units when Track Mode is engaged. The issue would be addressed through ...

The Boring Company Vegas Loop could transport ~2,000 people per hour from Resorts World

The Boring Company’s (TBC) Vegas Loop is expected to transport nearly 2,000 passengers per hour between its Resorts World station and the Las Vegas Convention Center, which has its own LVCC Loop. “We can run about 2,000 people an ...

Tesla mobile charger now available for purchase with vehicle orders

Recently, Tesla updated its order page, allowing customers to purchase chargers while ordering their custom vehicles. Tesla is charging $400 for a Wall Connector and $200 for a Mobile Connector. Tesla’s Wall Connector comes with a 24-foot cable and ...

USPS sued over new gas-powered delivery vehicles by UAW & states

The United Auto Workers union, sixteen states, and four environmental groups recently filed lawsuits against the United States Postal Service (USPS). The groups aim to stop the Postal Service’s plan to purchase and produce gas-powered delivery vehicles to update ...

Tesla CEO Elon Musk offloads about $4B TSLA shares

Elon Musk reported selling about 4.4 million Tesla shares amounting to around $4 billion recently, according to several Form 4 SEC filings. According to the SEC filings, Elon Musk filed five Form 4s. The filings were split into five forms ...

Elon Musk’s Twitter deal puts the pressure on Tesla stock

Elon Musk’s Twitter deal puts increased pressure on Tesla stock (NASDAQ: TSLA) and its shareholders, as the automaker’s price per share continues to spiral downward after losing nearly 13 percent of its value this week. Analysts are trying to ...

Elon Musk’s 9.1% Twitter share purchase is being examined by FTC

Elon Musk’s initial purchase of Twitter stock, which the Tesla CEO said started at the end of January and continued until the beginning of April, is now reportedly being examined by the Federal Trade Commission (FTC). Musk purchased a ...

Nikola announces production and shipment of Tre Semi has started

Nikola Corporation announced that it has officially started producing and shipping its commercial serial semi-truck, the Tre, at its manufacturing facility in Coolidge, Arizona. The announcement comes just one month after Nikola announced production of the Tre had officially begun ...

Tesla Model X is the fastest-selling used car in the United States last month

Despite the Tesla Model X ramp being more deliberate than expected, the all-electric crossover remains very popular. So popular, in fact, that the premium SUV became the fastest-selling second-hand vehicle in the United States in March 2022. Car search ...

Amid Elon Musk’s buyout, Twitter blows past Q1 2022 forecasts for user growth

With Twitter agreeing to a takeover by Tesla CEO Elon Musk on Monday, the social media company canceled its scheduled Q1 2022 earnings call. Still, Twitter released its first-quarter 2022 results. As per the social media company, its first-quarter ...

Tesla’s EVs still have great financing deals compared to rivals, even with recent price increases

Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs ...

SpaceX director says six Crew Dragon launches per year is a sustainable goal

A senior manager says that SpaceX could sustainably launch six or more Crew Dragons per year if the market for private missions grows large enough to demand it. Benji Reed, Senior Director of Human Spaceflight Programs, offered his thoughts on ...

Rivian’s tax agreement for Georgia manufacturing plant gets approval

The Joint Development Authority (JDA) approved the final Economic Development Agreement (EDA) for Rivian’s upcoming manufacturing plant in Georgia. The JDA presides over Jasper County, Morgan County, Newton County, And Walton County. The EDA covers agreements between the JDA, ...

Volkswagen teases cool ID.Buzz pickup truck early concept

Volkswagen took to Twitter to ask the public about its early concept for an ID. Buzz electric pickup truck. The truck’s design appears to be inspired by the ID. Buzz minibus’ design and color schemes. VW unveiled the ID.Buzz electric ...

Elon Musk receives invites from FL and TX to move Twitter HQ

Elon Musk received invites to move the social media platform’s HQ from California to Texas or Florida. Governor Greg Abbott from Texas and Mayor Lenny Curry from Jacksonville, Florida, presented their arguments to Elon Musk via Twitter. Gov. Abbot ...

Tesla’s $2.6bn SolarCity acquisition lawsuit ruled in favor of Elon Musk

A lawsuit between Tesla Shareholders and Elon Musk ended on Wednesday with a Delaware court ruling in favor of CEO Elon Musk. Shareholders believed Tesla’s acquisition of SolarCity in 2016 was a bailout of a company owned by two ...

Ford reports first quarter earnings with $34.5bn revenue, net loss of $3.1bn from Rivian investment

Ford (NYSE: F) reported $34.5 billion in revenue through Q1 2022, with a net loss of $3.1 billion “primarily attributable to valuation of investment in Rivian.” The Detroit-based automaker said demand for its vehicles was strong in the first ...

Tesla shares begin to recover following $126bn loss from Musk Twitter deal

Tesla shares (NASDAQ: TSLA) slightly rebounded on Wednesday following a $126 billion loss after investors showed skepticism after CEO Elon Musk acquired social media platform Twitter earlier this week. Tesla shares fell over 12 percent during Tuesday’s trading session ...

Elon Musk’s request to end 2018 consent decree thrown out by Federal Judge

Elon Musk’s request to have a 2018 consent decree with the Securities and Exchange Commission thrown out was denied by a U.S. District Judge on Wednesday. U.S. District Judge Lewis Liman said the agreement will be upheld because Musk ...

Tesla won’t be shipping cars from Shanghai to India: Transport Minister

Tesla will not be shipping its electric vehicles made at Gigafactory Shanghai in China to India, the country’s Transport Minister, Nitin Gadkari, reiterated during a government conference on Tuesday. Gadkari is only repeating what he said in late 2021 ...

Tesla Giga Texas continues deliberate Model Y ramp, hints at upcoming delivery volumes

Tesla Gigafactory Texas may still be following a deliberate ramp, but work in the facility is still ongoing at a rapid pace. As the factory continues to produce Model Ys, preparations at Giga Texas’ staging area are hinting at ...

Tesla is making Australia’s largest Virtual Power Plant even bigger

Tesla has announced that it will be expanding its virtual power plant in Australia to New South Wales, southeast Queensland, and the Australian Capital Territory with the Tesla Energy Plan. The update was announced on the company’s official LinkedIn ...

SpaceX aces seventh astronaut launch in less than two years

SpaceX has successfully completed its second astronaut launch in less than three weeks, sending a batch of professional NASA and ESA astronauts on the way to the International Space Station after ferrying the first all-private astronaut crew to and from ...

Tesla adjusts delivery estimates after select Model Y variants sell out for 2022

Tesla adjusted delivery estimates of select Model Y variants in the United States. The Pearl White and Midnight Silver base Model Y Long Range with 19” Gemini wheels is sold out for the remainder of 2022, with delivery estimates ...

Ford teases second EV pickup truck during F-150 Lightning launch event

Ford CEO Jim Farley teased a second electric pickup truck during the launch event for the F-150 Lightning recently. “I wish we could bring you all down there, but we’re already pushing dirt down in Blue Oval City in ...

Tesla bill opponent in CT: ‘I don’t see the need to advance Elon Musk, who is already ruler of the world’

On Tuesday, April 26, the opposition to legislation that would allow direct sales of electric vehicles discussed the ongoing efforts to pass the so-called “Tesla bill” in Connecticut. The proposed bill would conflict with Connecticut’s franchise law which requires ...

Twitter, Elon Musk’s ‘X Holdings’ to complete $44bn merger deal by October 24

Twitter and two of Elon Musk’s “X Holdings” companies will officially merge by October 24 after the Tesla CEO and the social media platform came to terms on a $44 billion deal yesterday. A new 8-K filing from Twitter ...

SpaceX, NASA on track for Wednesday astronaut launch [webcast]

SpaceX says a Crew Dragon spacecraft and Falcon 9 rocket are on track to launch astronauts to the International Space Station for the second time this month. After numerous launch and recovery delays, SpaceX was finally able to launch and ...

Jeff Bezos ponders Tesla’s ‘complexity’ in China following Musk’s Twitter acquisition

Following Elon Musk’s acquisition of social media platform Twitter yesterday, Amazon founder and former CEO Jeff Bezos pondered the potential hoops Tesla, Musk’s automotive company, may have to jump through as a company operating in China. Due to Musk’s ...

1 2 3 >Last

SpaceX

TECH NEWS LATEST

CATEGORIES