Disturbing details about Tesla’s 250-foot cliff drop emerge amid initial investigation

Yesterday, the internet was shocked by the news that a Tesla had plunged 250 feet off a cliff at Devil’s Slide in California. All of the all-electric vehicle’s occupants — a family of four — survived, with the children coming out of the incident with minor to moderate injuries while the adults came out with […]

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Tesla Giga Shanghai rolls out a Model Y Body-in-White every 40 seconds on average: report

A recent report from China has provided some key information about Tesla’s operations in Gigafactory Shanghai. These include the production capabilities for the massive electric vehicle plant, which is reportedly able to produce a Tesla in 40 seconds on average.  Tesla had a very challenging 2022, from Covid lockdowns in China that forced Giga Shanghai […]

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Tesla generated $44.4 million of economic activity for CA every day in 2021: IHS Markit

A recent post from Tesla has outlined a number of key insights about the electric vehicle maker’s footprint in California. While Tesla currently lists Gigafactory Texas as its headquarters, the Golden State will always be the place where the company grew and hit its momentum. And based on a report, Tesla has provided substantial economic […]

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Tesla Megapack order page gets updated with Q4 2024 delivery estimate

In late December, Tesla’s official page for the Megapack showed that the earliest delivery date for the flagship battery storage system has been moved to Q3 2024. With 2023 now starting, another update to the Megapack’s official webpage has been implemented, and it seemingly hints at a longer backlog for the commercial-grade battery.  As per […]

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Volkswagen ID.7 to premiere with smart camouflage at CES 2023: Specs & Features

The Volkswagen ID.7 will premiere at the 2023 Consumer Electronics Show (CES 2023) in Las Vegas on January 5, 2023.  VW set up an exhibit for the ID.7 featuring its smart camouflage paintwork to showcase the premium sedan’s specs and features. Volkswagen’s ID.7 exhibit will be up until January 8, 2023. “With the new ID.7, […]

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Tesla shares tank ARK Invest ETF after massive purchase

ARK Invest purchased just over $26 million in Tesla shares on the final day of trading in 2022, cementing its position in the company and resulting in a massive loss today. It’s no secret that Tesla stock (NASDAQ: TSLA) has had a tough couple of weeks, if not months. From its peak in early 2022, […]

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Tesla and Piedmont Lithium amend SC6 supply with multi-year deal

Tesla and Piedmont Lithium amended their supply deal for spodumene concentrate (SC6) through the end of 2025. SC6 is a high-purity lithium ore that is used to produce as a raw material and used for lithium-ion battery production. Tesla and Piedmont mutually agreed to amend the agreement, which was first signed in 2020, with new […]

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Hyundai sets massive sales growth target propelled by new EV offerings

Hyundai has announced that it aims to grow auto sales by 10% this year alone. Over the past two decades, Hyundai Motor Group has become a sizable competitor in the automotive industry. It is now a leader in affordable offerings and electric vehicles, along with the likes of Ford. Following this success, the Korean automotive […]

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Tesla stock: analysts cut targets, mull demand and growth after Q4 miss

Tesla (NASDAQ: TSLA) analysts are responding to the company’s fourth-quarter delivery miss by cutting price targets and mulling over demand and growth. Tesla reported its delivery and production figures for 2022 and the fourth quarter yesterday, reporting 405,278 deliveries and 439,701 produced during the year’s final three months. Tesla delivered 1,313,851 cars in 2022, producing […]

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“A Miracle:” Tesla passengers survive 250-foot plunge off cliff at Devil’s Slide

A family of four inside a white Tesla was rescued after their all-electric vehicle fell about 250 feet off a cliff at Devil’s Slide, California. Considering the factors surrounding the accident, the survival of all the Tesla’s occupants has been dubbed by rescuers as “nothing short of a miracle.” The incident happened at about 10:50 […]

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