News

Tesla aims to build battery and EV plant in Indonesia

According to Indonesia’s Investment Minister Bahlil Lahadalia, Tesla agreed to build a battery and EV plant in Indonesia following Elon…

Volkswagen to electrify India, partners with Mahindra to supply MEB components

On May 18 in Chennai, Volkswagen and Mahindra & Mahindra Ltd. (M&M) signed a Partnering Agreement to explore the use…

Elon Musk to discuss SpaceX Starlink service for the Amazon with Brazil’s President

Update: Elon Musk shared his excitement for his meeting with Brazil's President Jair Bolsonaro. He announced that SpaceX's Starlink service…

Tesla service manuals are now free, diagnostic software gets price increase

Tesla’s service manuals are now free. Meanwhile, Telsa increased the price of its diagnostic software.  In August 2021, Tesla quietly…

Boeing Starliner spacecraft successfully returns to flight 29 months after ill-fated debut

More than three years after SpaceX's Crew Dragon spacecraft first safely reached orbit and almost three and a half years…

Tesla’s 3rd-largest individual shareholder suggests clever strategy for TSLA buyback

The third largest individual Tesla shareholder, KoGuan Leo, advised the company to buy back TSLA shares with its free cash…

Hyundai, Kia agree to pump $16.5bn into EV production in South Korea

Hyundai Motor Group and affiliate automaker Kia have agreed to spend $16.5 billion to produce electric vehicles at a new…

Elon Musk’s deal with Twitter not ‘on hold,’ company won’t renegotiate from $44bn

Elon Musk's deal with Twitter, which was agreed upon on April 25 for $44 billion, is not on hold and…

Ford recalls 464 Mustang Mach-E units for software glitch causing unintended acceleration

Ford is recalling 464 units of the 2021 Mustang Mach-E due to the presence of a potential software glitch that…

Ford F-150 Lightning dealer demo units begin to flood lots outside of Dearborn

Ford's introductory all-electric pickup, the F-150 Lightning, recently began production, and finished units are flooding parking lots near the automaker's…

ARK founder Cathie Wood says Tesla removal from S&P ESG is ‘ridiculous’

ARK Invest found Cathie Wood called Tesla's removal from the S&P's Environment, Social & Governance Index "ridiculous" after the automaker…

Some Tesla customers are now expecting a 2-year wait for their new Model X

It appears that Tesla customers who ordered a refreshed Model X are in for a longer-than-expected wait.  As shared by…

Wedbush drops Tesla price target amid “epic disaster” lockdowns in Shanghai

Wedbush analyst Dan Ives opted to lower his price target for American electric vehicle maker Tesla from his previous $1,400…

Tesla whale suggests $15 billion TSLA buyback amid dropping share prices

Tesla whale and billionaire Leo KoGuan, who is estimated to be one of the electric vehicle maker's largest individual shareholders,…

Tesla’s Elon Musk sees net worth shrink by $12B amid ESG fiasco, GOP support announcement

Elon Musk recently saw over $12 billion wiped off his net worth following TSLA stock’s recent drop and the S&P…

Elon Musk’s “doppelgänger” from China banned from local social media

Elon Musk's "doppelgänger" from China, who has been fondly dubbed by the internet as "Yi Long Musk," has reportedly been…

Elon Musk dubs the S&P 500 ESG as “outrageous scam” after Tesla gets booted from index

Elon Musk is not happy that Tesla, a company whose sole purpose is to accelerate the world's advent of sustainable…

SpaceX begins installing new ‘Raptor 2’ engines on Super Heavy booster

SpaceX has begun installing new 'Raptor 2' engines on Super Heavy Booster 7 after the prototype completed a range of…

The Boring Company San Antonio Loop’s net revenue expected to be $25M per year, fares to start at $10

On Wednesday, May 18, The Alamo Regional Mobility Authority (RMA) board was briefed on more details about The Boring Company’s…

Volkswagen ID.Buzz pre-sales in Germany and parts of Europe to start on May 20

Volkswagen ID.Buzz pre-sales will start on Friday, May 20, in Germany and most of Europe. The European automaker will initially…