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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Tesla Investor Relations VP debunks Toyota’s anti EV arguments

A document from Toyota corporate to US dealers has attracted the attention of the electric vehicle community. While the Japanese carmaker’s skepticism surrounding electric cars has been known for a long time, the claims and estimates of Toyota in the document were enough to warrant a response from Tesla VP of Investor Relations Martin Viecha, […]

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Tesla takes shipping precaution to increase safety, detailing it in vague message

Tesla has started delivering cars with less range for safety reasons while also offering free Supercharging for the inconvenience, but the reasoning is vague and strange as the message the company gave to customers is void of real details. According to Reddit user u/W-001, Tesla gave the following message through email when delivery was imminent: […]

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GraniteShares’ short Tesla daily ETF (TSLI) to be liquidated

ETF issuer GraniteShares has announced that it will close one of its single-stock leveraged ETFs tied to American electric vehicle maker Tesla, the GraniteShares 1x Short TSLA Daily ETF (NASDAQ:TSLI). The ETF did not last long, as it was only launched last year. When it was launched, the GraniteShares 1x Short TSLA Daily ETF aimed […]

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Ford CEO Farley gives bold prediction regarding EV price parity with gas cars

Ford CEO Jim Farley gave a bold prediction regarding EV price parity, stating that he does not believe it will come until after the end of the decade, which holds somewhat brash consequences for the adoption of sustainable powertrains as automakers aim to lower costs. Since the beginning of the more widespread production of electric […]

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Volvo EX30 EV interface, U.S.-Canada EV highway, wiper fluid emissions: Today’s Car News

The U.S. and Canada are connecting over chargers. The Volvo EX30 is going very simple inside—perhaps for the better. And are we overlooking wiper fluid? This and more, here at Green Car Reports. Volvo has teased that its upcoming EX30 crossover E…

REE Automotive adds P7-C Chassis Cab to its electric truck lineup


REE Automotive (Nasdaq: REE), a provider of EV platforms, today revealed P7-C, a Class 4 chassis cab offering a new cabin design built on REE’s P7 modular electric platform. The P7-C is designed to meet the requirements for the Inflation Reduction Act incentives, which are more stringent for EVs in Class 4 and above. It’s… Read more »