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 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 ...
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 ...
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’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 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 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 ...
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 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 ...
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 ...
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 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 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 ...
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 ...
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 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 ...
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 ...
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 ...
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 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 ...
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’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 ...
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 ...
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 (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 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’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 ...
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 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 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 ...
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 ...
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. ...
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 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 ...
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 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 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’ ...
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 ...
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 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 ...