Tesla stock (TSLA) gets higher price target but lower rating from Goldman Sachs

Goldman Sachs has downgraded Tesla stock (NASDAQ:TSLA) from a “Buy” to a “Neutral” rating, though the firm also raised their price target on the EV maker from $185 to $248 per share. The update comes amidst TSLA stock’s recent ...

Tesla initiates recall for Model 3 and Model Y over pyrotechnic battery disconnect issue

Tesla has initiated a recall for the Model 3 and Model Y over a potential fault in the affected vehicles’ pyrotechnic battery disconnect. Unlike previous recalls from the electric vehicle maker, this particular issue would not be fixed through ...

Tesla Cybertruck’s updated “vault” looks ready to take a beating

In a lot of ways, the Cybertruck is a personification of Tesla’s tendency to fly in the face of convention. This is true for several of the all-electric truck’s aspects, from its overall shape to its bed, which the electric ...

Tesla Cybertruck looks production ready in Petersen Museum visit

The Tesla Cybertruck appears to have stolen the show at the inaugural Electrified Cars & Coffee meet at the Petersen Automotive Museum on Sunday. The all-electric pickup truck, which looked practically production ready, was driven to the event by ...

Tesla assembly times expected to decrease by 25% in next model upgrades

Tesla’s assembly times are expected to decrease by 25% in its following model upgrades, predicts Caresoft Global Technologies, which focuses on digital and physical benchmarking and cost reductions. The Michigan-based engineering company believes Tesla will continue improving its manufacturing ...

Tesla battery supplier CATL makes Time’s ‘100 Most Influential Companies 2023’

Tesla battery supplier Contemporary Amperex Technology Co. Ltd (CATL) made it to Time’s list of 100 Most Influential Companies 2023. The China-based company has become one of the biggest names in the battery supply chain and continues to innovate ...

Tesla Model S gets new landing page worthy of its flagship status

Tesla has updated the Model S’ landing page with a new video featuring several compelling aspects of the all-electric full-sized sedan. The video highlighted several functions of the Model S, from its steering yoke and swiveling display to its ...

Ford-SK JV’s $9.5B government loan attracts UAW’s ire

The United Auto Workers (UAW) union’s President Shawn Fain criticized the United States Department of Energy (U.S. DOE) for offering a conditional commitment to provide a $9.2 billion loan to Ford and SK On’s BlueOval battery plant joint venture. ...

Tesla gets invitation from Karnataka government to invest

Tesla received an invitation to invest from India’s Karnataka government. The local government stated it was an ideal area for Tesla’s expansion in India. The Karnataka government authorities added they would support Tesla and its ventures. State Large and ...

Tesla Cybertruck in NZ winter tests gives glimpse at massive frunk

Back in April, leaked images of a Tesla Cybertruck in the United States confirmed something long speculated about the vehicle. Unlike the original Cybertruck prototype, the newer version of the all-electric pickup truck was equipped with a “mega power ...

Starlink services considered by Japan’s Self-Defense Forces

Japan’s Self-Defense Forces (SDF) is considering using SpaceX’s Starlink services, reported local newspaper Yomiuri. Since March, Japan’s SDF has been testing SpaceX’s Starlink internet service for their land, sea, and air forces. Multiple government sources told Yomiuri that SDF is ...

Toyota received a Tesla shock when Model Y outsold Corolla: report

Toyota was arguably the carmaker that truly brought the idea of lean car manufacturing to the automotive industry. But with the electric vehicle revolution leaving Toyota behind, the automaker now has to adapt to catch up to industry leaders like ...

Tesla’s NACS connector is being made mandatory for state funding

Tesla’s North American Charging Connector (NACS) is being made mandatory for state funding in some regions, as it is becoming obvious more areas are interested in adopting the automaker’s charger to make EV charging more available. Washington became the ...

SpaceX Falcon 9 launches 56 Starlink satellites

Lifting off from Space Launch Complex 40 at Cape Canaveral Space Force Station in Florida at 11:35 a.m. ET (15:35 UTC), a Falcon 9 successfully deployed 56 Starlink satellites into low Earth orbit. Originally scheduled to launch at 9:56 ...

Tesla Cybertruck production at Giga Texas seen in new leaked video

A video of Tesla Cybertruck production taking place on lines at Gigafactory Texas has been leaked, confirming the automaker is continuing to make strides in its initial builds of the all-electric pickup as deliveries near. Tesla has been building ...

Nikola reports fire of ‘multiple’ electric trucks at HQ, foul play suspected

Nikola Motor Corp. said this morning that a fire affecting “multiple” battery electric trucks occurred behind its headquarters in Phoenix, Arizona, and the automaker suspects foul play. The company said in a statement that nobody was injured, but foul ...

Tesla Cybertruck patent reveals mechanism for EV truck’s tailgate

A Tesla Cybertruck patent reveals a few details about the electric pickup truck’s tailgate. The patent for the Tesla Cybertruck talks about a power tailgate mechanism, allowing the driver to open and close the door panels at the back of ...

LGES & Honda battery plant in Ohio starts construction on $3.5 billion facility

LG Energy Solution (LGES) and Honda’s joint electric vehicle (EV) battery plant started construction on the facility, installing the first steel beam on the site in Jeffersonville, Ohio. “There are many beginnings when you form a new company to ...

Multiple Tesla Cybertrucks sighted as anticipation builds for initial production

When the Tesla Model Y was about to enter production, sightings of production beta units and release candidates of the all-electric crossover were reported frequently on social media. This now seems to be the case with the Tesla Cybertruck, ...

Panasonic discusses partnership with Mazda for lithium-ion battery cells

Panasonic Energy and Mazda have entered into discussions regarding a medium- to long-term partnership for lithium-ion battery cell supply. The discussions include Panasonic Energy supplying Mazda with automotive cylindrical lithium-ion batteries made in the battery supply plants in Japan ...

Demand for Tesla and EVs helps push new car sales in Europe by 18%

New vehicle registrations in Europe increased by 18% in May 2023. The shift was due in part to the growing demand for electric cars like Teslas, which are outpacing the broader automotive market. This increase represents the 10th consecutive ...

Tesla Model 3 ‘Highland’ rumored to bring ‘major’ exterior redesign, slew of modern improvements

Tesla’s Model 3 “Highland” has been speculated upon for nearly a year after being brought to light in late 2022 by a leaked report. More details continue to pour out, and rumors of a “major” exterior redesign and a ...

SpaceX launches 47 Starlink satellites, provides unique views on Twitter

47 more Starlink satellites are now in orbit after a successful launch atop a Falcon 9 from Vandenberg Space Force Base in California. The 47 Version 1.5 satellites launched at 12:19 a.m. PT (07:19 UTC) on a 43-degree orbital ...

Lordstown Motors founder offloads entire stake in embattled EV maker

Stephen Burns, the founder and former CEO of Lordstown Motors, has sold his entire stake in the electric vehicle maker. The sale was outlined in a regulatory filing. Burns’ sale of his Lordstown stake was made in three transactions ...

Tesla bull says caution surrounding AI label is advised while raising price target

Tesla (NASDAQ: TSLA) bull Adam Jonas of Morgan Stanley is advising investors to use caution when discussing the company’s future as an artificial intelligence (AI) entity as monumental expectations from analysts and others could leave many disappointed, he said ...

Tesla’s Elon Musk posts quick update on Smart Auto Wiper, “Actually Smart Summon” rollout

Tesla’s software for its vehicles is one of, if not the best, in the industry today, but this does not mean that there is no more space for improvement in the company’s features and functions. While systems like FSD ...

Rivian R2 SUV to cost between $40K to $60K before IRA EV credits

Rivian’s Chief Financial Officer Claire McDonough sat down with Deutsche Bank’s Emmanuel Rosner lately and spoke about the company’s future. During the interview, McDonough discussed the Rivian R2, revealing its potential price range and other details. McDonough estimated that ...

Snopes fact-checks itself after linking Elon Musk’s Starlink to Titanic sub incident

Popular fact-checking website Snopes ended up fact-checking itself several times following the publication of a post that claimed that a missing submersible craft used to explore the wreck of the Titanic was using Starlink to communicate. Prior to its ...

Rivian owners overwhelmingly support NACS adoption

Rivian recently announced that it would be adopting the Tesla North American Charging Standard (NACS) for its electric vehicles. This means that R1 vehicles starting next year would ship with an NACS adapter, and future vehicles, including the R2 ...

Volvo announces electric medium duty truck with up to 280 miles of range

Volvo recently announced an all-electric medium-duty truck with 280 miles of range. The brand’s new electric medium-duty trucks are the Volvo FL and the Volvo FE Electric. Volvo claimed that the batteries inside the FL and FE Electric trucks ...

Ford CEO draws a clear line between the Tesla Cybertruck and F-150 Lightning [Opinion]

In an interview on Mad Money with Jim Cramer, Ford CEO Jim Farley shared his thoughts on the Tesla Cybertruck and the legacy automakers’ decision to use Tesla’s North American Charging Standard (NACS). Tesla and Ford may have formed ...

Tesla hacker shares insights after nearly 600-mile test on FSD Beta “Elon Mode”

A Tesla hacker who has made a reputation for doing deep dives into the electric vehicle maker’s code for years has reportedly accessed “Elon Mode,” an alleged setting for FSD Beta that effectively makes the system a hands-free solution. ...

Tesla AI account teases start of Dojo production next month

One of Tesla’s official Twitter accounts appears to have teased something substantial, at least when it comes to the company’s efforts to roll out its Dojo supercomputer. As per a graphic that was shared on Twitter, the start of ...

Tesla rumored to be purchasing wireless charging company Wiferion

Tesla is rumored to be purchasing wireless charging company Wiferion, a Freiberg, Germany-based entity with charging and power solutions. Wiferion describes itself as “the industry’s leading supplier of automated, wireless power supply systems.” The company has worked to provide ...

Tesla’s next Gigafactory location unknown, but all signs point toward India

In May, Tesla CEO Elon Musk said the electric automaker would likely announce its next Gigafactory location by year’s end. While there have been rumors of deep talks in Spain, numerous meetings with French government officials, and heavy speculation ...

Ford CEO Farley says how long it took for him to think over Tesla deal

Ford CEO Jim Farley announced that his company would adopt Tesla’s North American Charging Standard (NACS) several weeks ago during a Twitter Spaces with Tesla CEO Elon Musk. How long did it take him to think over a deal ...

Tesla: EPA’s proposal does not go far enough in electrifying heavy-duty vehicles

Tesla is urging the Biden administration to adopt stricter heavy-duty emission limits than those that were proposed by the Environmental Protection Agency (EPA) back in April. While the EPA’s proposal outlined a path towards the electrification of the US’ ...

Tesla sweeps Cars.com’s 2023 American-Made Index, with Model Y on top again

It’s a Tesla sweep again for the 2023 Cars.com American-Made Index. And just like the previous year, the Tesla Model Y stood at the top of the website’s rankings, becoming the country’s most American vehicle in the market today. Cars.com’s ...

Jeep Avenger EV wins Residual Value award in Europe

The Jeep Avenger recently won Autovista Group’s Residual Value award in the small battery-electric vehicle (BEV) category. The award celebrated value retention, a topic of interest for business and fleet operators. Autovista Group’s small BEV category shortlist contained 26 vehicles, ...

Stellantis partners with Foxconn to develop semiconductors for EVs

Stellantis and Foxconn entered a joint venture to create SiliconAuto, a company dedicated to designing and selling state-of-the-art semiconductors, especially for electric vehicles. SiliconAuto’s semiconductors are tailored for the next generation of vehicles in the automotive industry, namely electric ...

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Cadillac Escalade IQ teasers released ahead of Aug. 9 debut

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Tesla NACS adoption required for EV charging companies in TX

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Tesla China sees 14,500 vehicle insurance registrations in June’s third week

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Rocket Lab launches first HASTE mission

Tesla Giga India rumors prompted by Musk-Modi meeting

Tesla loses direct sales lawsuit that aimed to fight stressful carbuying

Tesla NACS to be embraced by charging equipment maker SK Signet

Elon Musk’s Twitter to release video app for smart TVs

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BYD launches best-selling ATTO 3 in Italy

SpaceX launches Indonesian telecommunications satellite

Tesla owner highlights need for Model 3 HEPA filter after encountering coal-rolling “blockade”

Tesla Cybertruck arrives in New Zealand for apparent winter tests

Tesla Model S and Model X receive discounts as Q2 nears end

Giant fleet of Tesla exports bound for Canada sighted in Shanghai port

Tesla announces major milestone in 4680 cell ramp at Giga Texas

Tesla’s camo-covered Cybertruck continues to make appearances

Tesla ‘will solve autonomy soon:’ Musk highlights FSD’s value to company

Tesla launches $500 incentive for Powerwall battery orders

Tesla Model 3 Highland new tail lights inadvertently slips in recent sighting

Tesla China rolls out Model 3 incentive until the end of Q2

Tesla initiates recall for the Semi, issue to be fixed through OTA software update

Toyota to receive $853 million subsidy to expand local battery production

Volkswagen to adopt Tesla’s dry coating process for battery production

The Boring Company Vegas Loop expansion set in stone after another approval

Tesla China hits snag in plan to increase Giga Shanghai’s capacity

Tesla CEO Elon Musk meets Italy Prime Minister Giorgia Meloni

Tesla adjusts price of its at-home charging Wall Connector

Mercedes-Benz considers Tesla’s NACS

Tesla Giga Berlin production targets still on track despite hiring fewer temp workers: report

Tesla Cybertruck with camo wrap still seems to be missing its rear light bar

GM’s BrightDrop electric delivery vans launch with FedEx Express Canada

Volvo EX30 expected to make up to 20% gross margin

Tesla (TSLA) winning streak ends at 13, shorts feel $12B loss

Tesla FSD Beta 11.4.4 set for end-of-week release: Elon Musk

Tesla rolls out free Supercharging perk to Model 3 inventory customers

Tesla giga casting gets its biggest supporter yet from legacy auto

Tesla Model Y 4680 configuration loses an interior color in the U.S.

Tesla CEO Elon Musk wants Toyota to join ‘NACS coalition’

France courts Elon Musk with Tesla Gigafactory offer, even as it mulls Twitter ban

Tesla Semi volume production won’t happen until late 2024

Tesla China to take part in Shenzhen Auto Show

Tesla rolls out slight Model Y price adjustment for the US

Tesla China sees 16,400 insurance registrations in June’s second week

Stellantis considers switching to Tesla NACS

Tesla Cybertruck wrapped in camo spotted in Palo Alto: Is it finally close?

SpaceX picks Ship 25 and Booster 9 for next Starship test flight

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