Tesla announces major changes to Model 3 tax incentives

Tesla has announced major changes to the tax incentives for the Model 3, which brings pricing down significantly. Tesla said that all three trim levels of the Model 3 now qualify for the full tax credit of $7,500, as previously, the Model 3 Performance was the only vehicle that qualified for this amount. The Model […]

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Elon Musk commends ‘best quality’ Tesla EVs in Shanghai

Elon Musk has commended the quality of the Tesla electric vehicles built at Gigafactory Shanghai in China, recognizing them as “one of the best quality cars in the world.” Musk wrapped up his first visit to China in three years by returning back to the U.S. earlier this week. The trip included meetings with Chinese […]

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Revel expands NYC rideshare fleet with new EV, joining Tesla Model Y and 3

Revel is expanding its rideshare fleet in New York City with the addition of a new electric vehicle model: the Kia Niro. Revel plans to add nearly 50 units of the Niro to its fleet of more than 230 Tesla Model Y and Model 3 vehicles, giving rides to New Yorkers in all five boroughs, […]

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Tesla Roadster trio in China swells to $2M ahead of potential auction closure

The Tesla Roadster trio in China has swelled to $2 million telling from its most recent bid received on May 30, and the auction is set to end tonight, barring another extension. The Tesla Roadsters were found in a supply container in China, and Gruber Motors has been handling bidding for the owner, which started […]

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A “Tesla standard:” NHTSA proposes Automatic Emergency Braking mandate for new vehicles

The National Highway Traffic Safety Administration (NHTSA) has proposed new safety standards that would require automatic emergency braking (AEB) and pedestrian AEB systems on all new vehicles, regardless of powertrain. Such features have been standard in vehicles like Teslas, and they have contributed to the stellar safety ratings of cars like the Model 3 and […]

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Rivian promotes its highly-trained support team for roadside or service help

Rivian recently highlighted the advantages of its 24/7 Live Chat feature for owners of the R1T and R1S. According to the electric truck maker, owners of its vehicles could be assured that they are assisted by a highly-trained human when they need service and roadside help.  “There’s a friendly (human) Rivian employee behind every customer […]

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Tesla in India is getting serious…again

Tesla in India is getting serious, yet again, after the government has reportedly discussed a roadmap report from the electric vehicle maker as negotiations for the company’s arrival in the country seem somewhat imminent. Indian government officials have already asked Tesla if it is serious about setting up a manufacturing plant in the country, it […]

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SpaceX Starlink lands DoD contract for Ukraine satellite services

SpaceX’s satellite internet service, known as Starlink, has won a contract from the U.S. Department of Defense to buy services for Ukraine, according to the Pentagon. Starlink has played a crucial part in aiding Ukrainian troops for a number of things, including communications with other soldiers during its ongoing conflict with Russia. Starlink has provided […]

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Elon Musk the subject of third amendment in $258B Dogecoin lawsuit

Tesla CEO Elon Musk is being sued in the third amendment of a class action lawsuit filed by investors of Dogecoin, a popular cryptocurrency, accusing him of insider trading that cost them billions. Musk is again being accused of using Twitter posts, paying influencers, and using his 2021 appearance on Saturday Night Live, along with […]

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Ford and Uber team up to make EV ride-sharing more available

Ford and Uber are teaming up to offer a new leasing option for rideshare drivers that will help encourage them to go electric using Ford Mustang Mach-E models in select U.S. cities. Ford Drive will help offer flexible leasing options to rideshare drivers in San Diego, San Francisco, and Los Angeles that will range between […]

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Volvo EX30 EV takes a page out of Tesla’s design book

The Volvo EX30 electric vehicle (EV) appears to take after Tesla’s unique interior design. The Europe-based automaker recently released a few details about the EX30 electric vehicle before its official unveiling on June 7, 2023.  With only a week or so away from Volvo EX30’s official debut, the European car maker shared a few tidbits about […]

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LG Energy Solutions & Hyundai team up for battery plant in the United States

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States.  Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. Each company holds a 50% stake in the joint […]

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Twitter Community Notes launches feature to fight misleading media

Elon Musk has noted several times that he believes Twitter’s Community Notes system would be a great way to battle misinformation. The system is simple, as it allows users to “create a better informed world by empowering people on Twitter to collaboratively add context to potentially misleading tweets.” And as per a recent announcement on […]

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Tesla’s Elon Musk becomes world’s wealthiest by net worth again

Tesla CEO Elon Musk has retaken his place as the world’s wealthiest person by net worth. The feat was achieved as Musk was wrapping up a busy two-day trip to China, which saw the CEO meeting with several high-profile officials and suppliers over the course of two days. As per the Bloomberg Billionaires Index, Musk’s net […]

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Toyota invests more in the United States for battery & BEV production

Toyota is taking the leap and investing more in the United States. The veteran automaker plans to invest more in its North Carolina battery plant in preparation for a new battery-electric SUV.  Toyota’s electric SUV will be assembled in the United States, qualifying for the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax incentives. Toyota […]

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Tesla reportedly plans to show off new Model 3 ‘Highland’ during Musk’s China visit

Tesla is reportedly planning to show off its new Model 3 “Highland” during CEO Elon Musk’s visit in China this Thursday. Tesla has been rumoredly developing a new, revamped version of its mass-market sedan for nearly a year. Last year, several reports came out during the Fall that indicated Tesla was in the process of […]

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SpaceX caps off busy May with 8th Falcon 9 launch

SpaceX successfully launched another Starlink mission at 11:02 PM PT (06:02 UTC), this time sending 52 V1.5 Starlink satellites to orbit from SLC-4E at Vandenberg Space Force Base. These satellites will be placed into a 70-degree orbital inclination around the Earth. Launching the Starlink Group 2-10 mission, was B1061, on its 14th flight. Previously having […]

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Twitter is worth just a third of Musk’s $44 billion investment: Fidelity

It appears that Elon Musk was not kidding when he acknowledged that he overpaid for social media platform Twitter. Musk acquired Twitter last year at $54.20 per share, a deal that amounted to $44 billion.  As per Fidelity, one of Twitter’s investors, the social media platform is now worth just about one-third of what Elon […]

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