Tesla recalls 422 cars over suspension parts in the US
Tesla said it has 25 warranty claims and 2 field reports since January 2019 which are related or could relate to the recall but no reports of crashes or injuries.
Hyundai Ioniq 6 take it’s first drive
While some automakers are just beginning to get into electric cars, Hyundai’s EVs have already taken several evolutionary steps. From the Ioniq Electric to the Kona Electric to the Ioniq…
Elon Musk Unveils 2023 Ambitious Plan for Tesla’s Sustainable Energy
Tesla’s Investor Day 2023 held in Austin, Texas unveiled CEO Elon Musk’s vision for the company’s future, which he called Master Plan part 3. The plan aims to establish a…
SpaceX launches latest space station crew to orbit for NASA
Elon Musk’s rocket company SpaceX launched a four-man crew to orbit en route to the International Space Station early, with a Russian cosmonaut and United Arab Emirates astronaut joining two…
Redwood Materials to Build S.C. Battery Manufacturing and Recycling Facility
The new facility will employ 1,500 people and produce enough cathode and anodes components to supply 1 million EVs annually. IMAGE: Pixabay Redwood Materials has announced plans to build a…
Tesla, after recent cuts, raises starting price of Model Y in China
Tesla Inc has increased the starting price of its Model Y crossovers by 0.8 percent to 261,900 yuan ($38,577.11) in China, after the company‘s aggressive price cuts at the beginning…
Elon Musk Considers Raising $3 Billion to Pay Off Part of Twitter Debt: Report
Elon Musk’s team has been exploring using as much as $3 billion in new fundraising to help repay some of the $13 billion in debt tacked onto Twitter for his…
Elon Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on, playing down concerns that a weak economy would throttle buyers’ interest. The…
Tesla to invest over $3.6 billion to build two new factories in Nevada
Tesla Inc said that it would invest more than $3.6 billion to build two new factories in the US state of Nevada, including the first facility to mass produce its…
Commercial EV Vehicle Leases to Qualify for Tax Credits
As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits. IMAGE: GettyImages/martin-dm As of January 1, consumers can lease electric…
Ford Has Most 2022 Recalls
Last summer, Ford recalled 2017-2020 Lincoln Continental sedans, plus Super Duty vehicles. IMAGE: Ford Ford tops the list of carmakers with vehicle safety recalls last year, according to the National…
U.S. EV Sales Spiked in 2022
U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence. IMAGE: Getty Images U.S. electric vehicle purchases climbed…
New Vehicle Prices Continue to Soar
Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book. IMAGE: Pixabay New vehicle inventories levels have risen from the historic lows encountered in early…
Tesla Passes BMW for US Luxury Sales Lead
Tesla has climbed to the top of U.S. luxury vehicle sales for the first time, surging past BMW, according to Automotive News. The Texas-based electric vehicle maker, the EV…
Elon Musk Takes Witness Stand, Defends 2018 Buyout Tweets in Tesla Shareholder Trial
Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close…
Tesla Leads in Profit Per EV
Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research. IMAGE: Tesla Tesla has built a commanding lead over most major rivals…