Tesla sets up new measure to avoid overzealous red tape in Germany

Tesla has set up new measures in Germany to avoid overzealous red tape, something it has fought hard to avoid since first entering the country in 2020 with the construction of Giga Berlin. Tesla has established a new division for “approval for use under building law” within the country’s operations in Germany, a report from […]

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Tesla Cybertruck wins over 1 in 4 truck buyers: survey

A new survey published by AmericanTrucks found that just over 1 in 4 truck owners considering switching to an electric truck would buy the Tesla Cybertruck. It’s no secret that the truck category is one of the largest and most profitable segments in the U.S. car market. From small-town America to the biggest cities, you […]

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Tesla Cybertruck labeled ‘cult car’ for superfans despite 1M+ preorders

The Tesla Cybertruck has a massive preorder count of well over 1 million vehicles, but that is not stopping some from labeling it a “cult car” that will only be produced in limited volumes and reserved for the company’s superfans. Adam Jonas of Morgan Stanley came out with a new note this morning that hints […]

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Tesla ships more Model S and Model X to Europe, could it be HW4?

Tesla is continuing to ship Model S and Model X vehicles to Europe after beginning initial deliveries last year. With the introduction of Hardware 4 being implemented in these vehicles and deliveries already beginning in the U.S., Tesla could be rolling out the first HW4 units to European customers. New images of Tesla Model S […]

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BYD issues discount in China as the EV price battle continues

BYD has announced discounts on its most popular EV models for the month of March. While the effects of Tesla’s price cuts earlier this year have certainly been felt in western markets, the impact has been even more profound in China, where Tesla is locked in a head-to-head battle for EV sales dominance with BYD. […]

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Tesla supplier CATL sees massive income increase supported by EV market domination

Chinese battery maker and Tesla supplier CATL reported its earnings for 2022 today and showed a massive increase in overall income from the year prior, and it was supported largely by its domination in supplying EV makers with cells. CATL reported a net income growth of 92.9 percent from the year prior, seeing 30.72 billion […]

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Ford teases imminent unveiling of new EV in Europe

Ford has once again teased the imminent unveiling of its new electric vehicle for the European market, which it will finally reveal in two weeks. On March 21, Ford will reveal a brand-new EV made for the European market, an all-electric crossover that is just the first portion of seven planned new models that the […]

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Tesla bull ARK makes big stock purchase, securing more than $12M

Tesla (NASDAQ: TSLA) bull ARK Invest purchased 69,329 shares of the automaker’s stock on Wednesday, securing more than $12 million of shares. The shares were purchased across two of ARK’s ETFs: ARKK, which is the firm’s Innovation ETF, and ARKW, its Next Generation Internet portfolio. 51,960 shares were added to the ARKK ETF, while an […]

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Tesla appears to be making gains after declaring a price war on rivals

Tesla’s price war against both electric vehicle makers and traditional automakers in the United States appears to be working. While it’s too early to tell which company will come out on top, there are signs Tesla is making some early gains. In January, Tesla rolled out an aggressive price reduction strategy across its entire lineup. […]

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Tesla Autopilot involvement suspected by US investigators in CA firetruck crash: report

An ill-fated 2014 Tesla Model S is suspected to be operating in Autopilot during a fatal crash last month in California, according to US investigators. The collision occurred when the all-electric sedan struck a fire truck, resulting in the driver’s death and critical injuries to a passenger. On Wednesday, the National Highway Traffic Safety Administration […]

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