Used EV prices are stabilizing, suggests new data

New data from Q2 suggests that used electric vehicle (EV) prices are stabilizing in the U.S., though it also points to continued supply constraints for the next couple of years. According to the Q3 2024 Used EV Market Report shared by Recurrent Auto last Wednesday, used EV prices appear to be stabilizing—particularly in the $20,000 […]

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Elon Musk officially endorses Donald Trump for U.S. President

Tesla and SpaceX head Elon Musk has officially endorsed Donald Trump for President, after an assassination attempt was made on Trump at a rally over the weekend. Musk made the statement on X, just hours following the attempted assassination of Trump during Saturday a rally in Butler, Pennsylvania. The official endorsement follows several recent statements […]

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Elon Musk details two assassination attempts in past eight months

Following assassination attempts on presidential candidate Donald Trump over the weekend, Tesla CEO Elon Musk says that he’s faced two assassination attempts of his own within recent months. After Trump was shot in the ear during a rally in Butler, Pennsylvania, on Saturday, Musk shared an official endorsement for Trump, saying he “hoped for his […]

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U.S. EV adoption still on pace to reach 50% by 2030: data

Electric vehicle (EV) adoption in the U.S. looks to be on pace to hit upcoming climate targets, as suggested by new data published last week. U.S. EV adoption appears to be on pace to reach 50 percent by 2030, according to data published by Recurrent Auto on Wednesday. The research suggests that multiple revised EV […]

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Tesla Megapack project in California housed in former steam plant

Tesla has highlighted an upcoming Megapack project that has repurposed a retired steam plant in California, coming as the latest of the company’s many ongoing energy storage projects. The company highlighted the Arevon Condor Energy Storage Project in San Bernardino County, California, in a post on its Tesla Megapack account on X on Friday. The […]

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Activists pour paint on Tesla Cybertruck in Germany

Environmental activists have vandalized a Cybertruck in one of Tesla’s stores in Germany, coming as the latest attack on the company’s unique electric pickups. Footage of the incident circulated on X on Saturday, showing multiple of the activists wearing orange vests and throwing orange paint on a Cybertruck at Tesla’s Hamburg, Germany store. The footage […]

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Mr. Beast looks to give away 10 Tesla Cybertrucks in latest video

YouTube host Mr. Beast looks to give away 10 Tesla Cybertruck units as part of a challenge in a video shared over the weekend. Mr. Beast, who is known for making videos about unique challenges and giving away huge amounts of money and prizes to successful participants, shared a new video on Saturday. In it, […]

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SpaceX launch anomaly occurs on Falcon 9 Starlink satellite mission

SpaceX’s launch of a Falcon 9 rocket on Thursday night was set to send 20 Starlink high-speed internet satellites into low-Earth orbit. The rocket suffered an anomaly. After the Falcon 9 rocket took off from Vandenberg Space Force Base in California, everything was going according to plan. The first two stages separated as planned, and […]

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Tesla launches range upgrades for the Model Y RWD

Tesla has officially started offering range upgrades in the U.S. for the recently retired Model Y rear-wheel-drive (RWD) vehicles, after the company said it would launch range improvements for the electric vehicle (EV) just a couple of months ago. After Tesla replaced the former RWD Model Y with a new RWD Long Range configuration in […]

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Tesla gets price target upgrade from Citi on EV and AI catalysts

Tesla (NASDAQ: TSLA) has finished positive in 11 of the last 12 trading days on Wall Street, giving Citi a reason to upgrade the stock’s price target based on “catalysts” in both electric vehicle and artificial intelligence sentiments. Despite a sizeable dropoff on the market yesterday due to the reported delay of the Robotaxi unveiling […]

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Tesla Model Y gets Quicksilver paint option across all trims in US and Canada

Quicksilver, arguably one of Tesla’s most attractive paint options, is now available for all Model Y trims in the United States and Canada. This update would likely be appreciated by numerous consumers as Quicksilver has proven very popular for the Model Y.  A look at the Tesla Model Y’s order page in the United States […]

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Tesla Robotaxi event speculation leaves Wedbush unchanged in thesis

Despite reports of Tesla’s Robotaxi Unveiling event being postponed by two months, Wedbush analyst Dan Ives believes the timing of the showcase is less important than the content of it. Yesterday, after Bloomberg reported Tesla was pushing the Robotaxi event back two months to October from August, the stock dropped by eight percent over the course […]

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Tesla Giga Berlin expansion approval hits another hurdle

Tesla’s expansion plans for Giga Berlin have hit another hurdle. German media reported that part of Tesla Giga Berlin’s expansion approval will be postponed.  The Brandenburg State Office for the Environment was expected to approve the first part of Tesla Giga Berlin’s expansion plans by fall 2024. However, local media reports hint that the approval […]

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Ford considers growing EV supply chain in Kentucky

Ford is considering growing its electric vehicle (EV) supply chain in Kentucky. The legacy automaker is considering Shelbyville for a $400 million car parts factory that will heavily focus on EV components.  “Ford Motor Company is considering Shelby County for a small, specialized high-tech component manufacturing operation. The components would primarily be used for EVs,” […]

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Panasonic Energy teams up with the University of Kansas 

Panasonic Energy and the University of Kansas (KU) are teaming up to develop EV battery technology and local talent.  Panasonic Energy aims to promote next-generation battery technologies with KU. The university is equipped with an energy and battery-related research lab with high-level capabilities. KU’s facility and collaboration with Panasonic Energy make it the ideal environment […]

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Elon Musk: over 1,000 humans with Neuralink implants in 2026 is feasible

Elon Musk’s brain machine interface startup, Neuralink, has ambitious plans for the coming years. As per Musk in a recent post on social media, Neuralink could probably have over 1,000 implants in human patients in 2026.  Musk’s update comment came as a response to a clip from a recent livestream where several members of the […]

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Tesla granted extension to prepare for suit over inflated insurance premiums

Tesla has been granted an extension to prepare for a lawsuit filed by a customer on behalf of drivers in eleven U.S. states claiming the company overcharged for insurance. Last year, a Tesla customer sued the automaker, stating the company utilized “false” crash warnings to inflate insurance premiums instead of collecting actual driving behavior. Tesla […]

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