Ford’s strength in the general auto sector seems to be spilling over somewhat to its electric vehicle business. In November, the company claimed the title of America’s best-selling automaker for the third consecutive month, a streak that it has not been able to accomplish since 1974. This was made possible as Ford posted a 5.9% […]
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Elon Musk may have sold over 10 million shares of electric vehicle maker Tesla (NASDAQ: TSLA) over the past month, but the CEO has actually increased his overall holdings in the company since the start of his massive selloff. To date, Musk owns about 564,000 more shares than he did since he started offloading some […]
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Ford representatives and DriveElectricTN recently held a webinar where several of the automaker’s key upcoming all-electric vehicles were discussed. While the event was primarily focused on fleets and fleet managers, Ford representatives James Morgan and Nathan Gyori provided some key updates about the highly-anticipated F-150 Lightning, which is expected to enter production and start deliveries […]
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Regulatory filings on Thursday have revealed that CEO Elon Musk has sold another 934,091 Tesla (NASDAQ:TSLA) shares. The sale, which was worth about $1.01 billion, effectively brings Musk to about 60% of his overall goal of selling 10% of his personal TSLA stake. Musk’s massive TSLA selloff started last month, following a Twitter poll where […]
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Tesla recently filed three public comments to support the idea of waivers for tariffs on graphite, a key component for its electric vehicles’ lithium-ion batteries. Tesla stands as one of hundreds of auto industry players currently asking the US Trade Representative for extended tariff waivers on components imported from China. The ongoing supply chain issues […]
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Tesla China has issued a recall for 21,559 domestically-made Model Y due to a fault in the vehicle’s front and rear steering knuckles. The recall covers locally-manufactured Model Ys produced between February 4 and October 30, 2021. “Tesla Co., Ltd. filed a recall plan with the State Administration for Market Regulation. From now on, some […]
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A recent Form 8-K filed with the United States Securities and Exchange Commission (SEC) on Wednesday has revealed that Tesla has now made its headquarters’ move to Texas official. As per the filing, which was dated December 1, 2021, the company’s headquarters is now located at Gigafactory Texas. “On December 1, 2021, Tesla, Inc. relocated […]
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Fresh of the release of its Cybertruck-inspired Cyberwhistle, Tesla has launched the next product in its “Cyber” line of merchandise — the Cyberquad for Kids, a miniature version of the ATV that the company unveiled with its all-electric steel pickup truck back in late 2019. The product is available for customers in the United States […]
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As the automotive sector transitions into the renewable age, the battle between all-electric cars and hydrogen-powered vehicles almost seems over. Yet even with the dominance of electric vehicles like the Model 3 and Model Y from American automaker Tesla, veteran automakers such as Hyundai are still hoping that hydrogen vehicles could eventually find their momentum. […]
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Tesla Gigafactory Texas is running full speed towards the company’s target for initial Model Y production. To help accomplish this, the massive electric vehicle production facility recently completed the reviews for five of Giga Texas’ key facilities. The completed reviews stand as yet another step for the project, which has all but closed the gap […]
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