The Tesla Model 3 has annihilated its internal combustion engine (ICE) counterparts in a new reliability study from Germany. Thanks to the incredible mechanical simplicity of electric vehicles, it should come as little surprise that EVs are, on average, significantly more reliable than their fossil-fuel-powered counterparts. A new study from a German vehicle analysis firm, […]
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Tesla CEO Elon Musk has released a new memo regarding hiring at Tesla, which could have a massive effect on the company’s near-term recruitment. With Elon Musk returning to Tesla after a short hiatus at Twitter, many investors and fans have been excited about the rededication to the automaker’s mission. Musk has already pledged to […]
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The Tesla Cybertruck has made a surprise appearance ahead of Tesla’s shareholder meeting later today. Today’s Tesla shareholder meeting is set to be one of the most exciting events of the year. Not only does the event take place ahead of the highly anticipated launch of the Tesla Cybertruck but also ahead of two substantial […]
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The U.S. Virgin Islands has subpoenaed Elon Musk in connection to a lawsuit between the U.S. territory and JPMorgan Chase. Following the arrest and subsequent court findings related to Jeffry Epstein, numerous connecting businesses have been taken to court, not the least of which is JPMorgan Chase. Currently, the banking giant has been taken to […]
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The upcoming Starlink production facility in Bastrop, Texas, is nearing construction completion, which could become a sales growth driver shortly. Until recently, Starlink’s biggest problem has been profitability, but with a growing subscriber base and a growing stream of revenue, profit concerns have subsided slightly. Now, the satellite internet provider is pivoting toward focusing on […]
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Ford has announced a sweeping set of changes to help make its operations in China more competitive as quickly as possible. Much like many legacy automakers, Ford has been struggling to achieve higher levels of profitability as it invests heavily in new markets and segments, notably including electric vehicles. This trouble has resulted in the […]
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A proposed class action lawsuit has been filed in California against Tesla regarding the automaker’s over-the-air (OTA) updates and how they affect battery health. As the first major automaker to institute OTA updates to its vehicles, Tesla has faced numerous legal challenges regarding the technology since its launch. Now, the leading EV brand is facing […]
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A new report finds that Tesla accounted for roughly $700,000 in lost gross profit per dealer in California during 2022. One of the most substantial hurdles facing traditional automakers currently is their sales systems. Reliant on the dealership model, Tesla has proved that legacy automakers are less profitable and slower to react to market trends. […]
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Tesla CEO Elon Musk has met with the President of France, Emmanuel Macron, as the automaker considers furthering its global expansion. Alongside its dramatic production ramp, Tesla has been growing its global market presence in parallel. This has included founding new facilities outside its home market of the United States and entering countless new markets […]
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Tesla Cybertruck front castings have been spotted at Giga Texas, showing just how close production is for the highly anticipated vehicle. The wait for the Tesla Cybertruck has been long and sometimes annoying, but now the truck’s arrival is just around the corner. As revealed earlier this quarter, the Cybertruck is set for a public […]
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