BMW CEO reportedly risks replacement amid poor sales, weak EV strategy, and the rise of Tesla’s Model 3

BMW CEO Harald Krüger has always preferred to work in the background. Content to leave the stage for others, Krüger has mostly led BMW in an almost understated manner. Yet, in a recent meeting with German Chancellor Angela Merkel and fellow executives from rivals Volkswagen and Daimler, the CEO proved assertive, announcing that BMW will […]

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Tesla (TSLA) shakes off latest skepticism from Wall St as end-of-Q2 approaches

Tesla shares (NASDAQ:TSLA) are proving quite resilient amidst a new round of skepticism from Wall Street. Just recently, Credit Suisse initiated coverage of Tesla, giving the electric car maker an “underperform” rating over what the firm believed would be the company’s difficulties when veteran automakers like Volkswagen enter the electric vehicle market. Credit Suisse analyst […]

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Tesla and other EVs’ potential to reduce emissions is widely underestimated: study

There are a lot of misconceptions about electric vehicles, but arguably the most prominent is the argument that EVs pollute more than their internal combustion engine-powered counterparts. Despite being debunked over and over again by people like Tesla CEO Elon Musk and organizations like Bloomberg NEF, the “long tailpipe” myth has remained incredibly persistent. A […]

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Tesla’s China factory stuns in sunset shoot as rumors of production equipment emerge

Recent images of Tesla’s Gigafactory 3 from local Chinese media have provided what could only be described as the most stunning images yet of the upcoming electric car production facility. Taken on June 24, 2019, the pictures of the site show Gigafactory 3’s complete, increasingly finished factory shell being framed by a clear Shanghai sunset. […]

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Arnold Schwarzenegger resurrects ‘undercover’ character in electric vs gas cars sketch

A recent video created in collaboration with Veloz, a nonprofit organization dedicated to advancing the electric vehicle movement, featured iconic action star and Hollywood A-lister Arnold Schwarzenegger in one of his funniest roles yet. While Schwarzenegger has starred in comedy flicks in the past such as Kindergarten Cop, few of his past roles could hold […]

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Tesla is developing the means to start producing its own battery cells: sources

Tesla is reportedly working on developing a means to produce its own battery cells for its electric vehicles and energy storage products. This update, which was related by several former and current Tesla employees to CNBC, provides yet another sign that the Silicon Valley-based company is looking to become as independent and vertically integrated as […]

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Tesla’s Powerpack batteries are helping clean up the UK’s public transportation sector

Tesla’s industrial-grade Powerpack batteries are helping the UK clean up its public transportation and power sectors. In a recent set of segments from the BBC, Tesla’s Powerpacks, which are being utilized by UK-based battery storage operator Zenobe Energy, were shown helping a fleet of electric buses charge their battery packs after a day’s worth of […]

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Tesla (TSLA) ‘on track’ to set record deliveries in Q2, says Elon Musk in leaked email

A recently leaked email from Tesla (NASDAQ:TSLA) CEO Elon Musk suggests that while the company has more than enough demand to meet its ambitious, self-imposed targets for the second quarter, Q2’s final results will likely come down to logistics and final deliveries. The leaked email, a copy of which was acquired by Bloomberg, was sent […]

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Porsche announces Taycan insurance to make US owners’ transition to EVs easier

Porsche appears set on making its customer’s transition to electric vehicles as painless as possible, with the German carmaker recently announcing that it will be offering an insurance service for the Taycan. With its own insurance program in place, Porsche Taycan buyers would avoid encountering inconveniences such as surprisingly steep premiums simply because they are […]

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Tesla Dashcam helps clarify multi-car collision after reckless driver allegedly lies to police

A Tesla owner recently tapped into the Model 3’s built-in dashcam feature to help authorities following a high-speed, multi-car collision. With the driver who caused the accident reportedly attempting to pass off a false narrative to authorities, it was ultimately the Model 3’s dashcam footage that provided a clear, objective account of the incident. Tesla […]

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