Tesla Model 3 RWD’s $7,500 EV Tax Credits will be reduced

Tesla published a notice on the Model 3 RWD’s configurator page, informing buyers that its EV tax credits will reduce by March 31. The Tesla Model 3 RWD will be affected by the US Treasury’s battery guidance for the Inflation Reduction Act’s (IRA) $7,500 EV tax credits. The US Department of Treasury will release the […]

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US battery guidance might slash IRA EV Tax credits

The United States Department of Treasury’s battery sourcing guidance might slash EV Tax credits from the Inflation Reduction Act (IRA). The Treasury will release the battery guidance for the IRA EV tax credits this Friday, April 1, 2023.  A US official told Reuters that the Department of Treasury’s battery guidance would result in fewer EVs qualifying for full or […]

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eVTOL developer Lilium searches for cash amid criticism

Lilium, a leading developer of eVTOL technology, has entered talks to acquire more funding amid criticism regarding its product design. Competition within the electric mobility space is brutal, and nowhere is that more evident than in the electric aircraft space. There are countless companies, all of which are vying for funding for projects that will […]

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Tesla to expand IT facility, install new automation equipment at Fremont

Tesla will expand the Information Technology (IT) building and install new automation equipment on production lines at the Fremont Factory, filings show. Tesla filed to expand the IT buildings on the North end of the Fremont Factory property on Wednesday. The $1.5 million project will make the IT building larger and also upgrade the facility, […]

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Rivian stock surges on news of Q1 delivery numbers

Rivian stock has skyrocketed today following news that the automaker delivered far more trucks in the year’s first quarter than anticipated. Rivian is in the need of some good news, especially as it tackles production cost issues, chip supply problems, and overall profitability concerns. Luckily, it got that news today, as Cox Automotive and Kelly […]

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Tesla set for strong Q1 delivery numbers catalyzed by Model 3 and Y price cuts: Wedbush

Tesla (NASDAQ: TSLA) is set for a strong Q1 in terms of vehicle delivery numbers, which have mostly been catalyzed by substantial price cuts on the Model 3 and Model Y, Wedbush’s Dan Ives said in a note. Tesla will report its Q1 delivery figures this weekend, and Wedbush is anticipating a figure of around […]

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Mercedes teases Maybach EQS SUV, its first ultra-luxury EV

Mercedes has teased the upcoming launch of the Mercedes-Maybach EQS SUV, the first electric vehicle from its ultra-luxury Maybach brand. As BMW is to its Rolls Royce subsidiary, Mercedes is to Maybach, its ultra-luxury vehicle brand. Maybach has long taken already incredibly luxurious Mercedes vehicles and made them some of the most decadent and beautiful […]

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Tesla Semi ‘breakdown’ caused by software switch glitch

Since Tesla delivered the first units of its all-electric Semi to Frito-Lay facilities in Modesto, California, in December 2022, any instance of one breaking down on the side of the road has been photographed and highly publicized. However, Teslarati has been told that at least some of the “breakdowns” are caused by a glitch within […]

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Kia EV9 specs revealed: 336-mile range, 379 HP, 99.8kWh battery

Kia has released the specifications for the upcoming EV9, the Korean automaker’s first full-size electric SUV. Until recently, electric vehicle offerings for those looking to travel with more than five people have been relatively limited, especially as vehicles like the Rivian R1S remain fairly supply constrained. Luckily, Kia is moving in to meet that market […]

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Lucid to lay off 1,300 employees for $24-$30M restructuring plan

On Tuesday, March 2, Lucid Group, Inc. announced plans to lay off 18% of its workforce, amounting to about 1,300 employees. The news comes after Lucid released its fourth quarter and full year (FY) 2022 financial results last month.  Lucid plans to lay off workers to cut costs while initiating its restructuring plans. According to […]

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The Boring Company quickly resolves violations from TCEQ

The Boring Company (TBC) quickly resolved three violation notices it received from the Texas Commission on Environmental Quality (TCEQ). Elon Musk’s tunneling company received two moderate and one minor violation on March 20, 2023. As of this writing, the three violations are classified as “resolved.” The Boring Company received a minor violation notice for failing to provide […]

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Nissan teases electric Skyline GTR ‘Godzilla’

Nissan has teased an all-new electric conversion of an R32 Nissan Skyline GTR in a video posted on their YouTube channel. One of the most impressive vehicles that Nissan has ever made was its Skyline coupe, which eventually evolved into the GTR supercar offering the brand sells today. The incredible power Nissan was making with […]

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Tesla faces new racial bias trial in wake of rejected payout

Tesla is facing a new racial bias trial from a previous plaintiff who rejected an earlier $15 million payout. The Tesla Fremont facility has been surrounded by legal controversy for years, primarily around allegations of racial bias. The plaintiff, elevator operator Owen Diaz, sued the automaker in 2017 for racial harassment in the plant and […]

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Mercedes edges towards battery independence with new lithium refinery

Mercedes partner Rock Tech has broken ground on its new lithium refining facility in Germany that will serve the premium German automaker. Along with its incredibly extensive production shift toward electric vehicles, Mercedes-Benz is working to become battery independent. Securing the necessary raw materials, chiefly lithium, is crucial to that plan. In this effort, it […]

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Elon Musk gives Bill Gates one piece of advice in fight against climate change

Tesla CEO Elon Musk gave Bill Gates one piece of advice in his fight against climate change, and to many fans of the tech CEO, it will be pretty familiar. Gates, who has pushed to bring awareness to climate change initiatives over the years, said recently that people on Earth must change how they do […]

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