Tesla $25k car, not Robotaxi, is bigger influence on stock, analyst says With Tesla Robotaxi unveiling right around the corner, analysts are taking their opportunities to comment on the influence of the vehicle as it relates to the company’s stock. Many would say the Robotaxi, along with Tesla’s rollout of an eventual Full Self-Driving suite…
Revel opens first fast-charging EV station in Manhattan at Pier 36 Revel has opened its first-ever fast-charging electric vehicle station in Manhattan at Pier 36 on the Lower East Side. This is the first fully public, 24/7 EV charging station in Manhattan, which has been a major challenge for companies and individuals utilizing EVs due…
BYD and Hyundai team up to export cars BYD and Hyundai are teaming up to export cars. The Chinese EV maker recently signed a Memorandum of Understanding (MOU) with Hyundai Glovis Co.—the South Korean automaker’s logistics company. The agreement with BYD and Hyundai Glovis is highly beneficial to both companies and their future goals. Hyundai’s…
China launches probe against Canada’s EV tariffs China launched an anti-discriminatory probe against Canada’s tariffs on imported Chinese electric vehicle (EV), steel, and aluminum products. The Chinese Commerce Ministry announced the start of its investigations against Canada’s tariffs on Thursday, September 26, 2024. It stated that the probe could last up to three months but…
Tesla China extends five-year zero-interest loan program until Oct 31 Tesla China has extended its five-year, zero-interest financing program for selected Model 3 and Model Y variants until the end of October 2024. The update comes as the latest extension to the company’s zero-interest loan program, which was launched back in April. The extension of…
Tesla Giga Berlin worker absences catches Elon Musk’s attention Tesla Giga Berlin worker absences have caught Elon Musk’s attention. Local German news recently reported that Tesla managers at Giga Berlin have started visiting employees’ homes while they are on sick leave. Giga Berlin’s Manufacturing Director André Thierig responded to comments about the home visits, explaining…
Starlink surpasses 4 million customers worldwide SpaceX recently celebrated Starlink, surpassing 4 million customers worldwide in over 100 countries. Starlink has achieved many milestones in the past year or two. SpaceX’s President and Chief Operations Officer Gwynn Shotwell recently shared Starlink’s progress during a hearing at the Texas House of Representatives. Starlink is connecting more…
Tesla Model 3 and Model Y sales are sinking. Despite that, nearly 390,000 EVs are expected to be sold in Q3.
Shell puts Norway blue hydrogen plant on hold over lack of demand Shell has announced that its planned low-carbon blue hydrogen plant on Norway’s west coast is being put on hold. As per the fuel giant, the decision surrounding the planned hydrogen project was due to a lack of demand. As noted in a post…
Tesla FSD faces more challengers in China Tesla Full Self-Driving will be facing more challengers in China. Chinese automakers are reportedly speeding up the development of vehicles with advanced driver assistance systems (ADAS) to attract buyers. “Preliminary autonomous driving systems have emerged as a new battlefront for electric builders in China Because they help propel…