Waymo closes on latest funding round of $5.6 billion Waymo, the self-driving arm of Google parent company Alphabet, has raised a new round of funding to help support its efforts in expanding the Waymo One ride-hailing service. On Friday, Waymo announced in a press release that it closed on an oversubscribed investment round of $5.6…
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Court rules Musk doesn’t have to delete 2018 anti-union Tesla tweet
Court rules Musk doesn’t have to delete 2018 anti-union Tesla tweet A federal appeals court this week sided with Elon Musk, ruling that the National Labor Relations Board (NLRB) overstepped its authority when requiring the Tesla CEO to delete a 2018 tweet regarding unionization and the potential for workers to lose their stock options. On…
Tesla Fremont Factory celebrates 1 million Model Y production at GA4
Tesla Fremont Factory celebrates 1 million Model Y production at GA4 Just days after announcing that it had produced its 7 millionth vehicle, Tesla announced that the Fremont Factory has produced its 1 millionth Model Y from GA4. This is an incredible achievement, considering that the Fremont Factory is a facility that is not built…
Tesla Semi has “ridiculous” demand, and it’s about to make roads cleaner
Tesla Semi has “ridiculous” demand, and it’s about to make roads cleaner During the third quarter earnings call, CEO Elon Musk commented that the demand for the Tesla Semi is “ridiculous.” This was because the Class 8 all-electric truck’s operating costs are so low that it would be silly for businesses not to use it. …
Tesla Megapack exec promoted to VP of Energy and Charging
Tesla Megapack exec promoted to VP of Energy and Charging Tesla has promoted Megapack Senior Director Michael Snyder to Vice President of Energy and Charging. The promotion was listed on the executive’s personal LinkedIn page. Snyder has been with Tesla for over 10 years. He was hired as a Staff Electrical Engineer in June 2014,…
Consumer Reports survey shows 50% of Americans want to test drive EVs
Consumer Reports survey shows 50% of Americans want to test drive EVs A recent survey from Consumer Reports has revealed that at least half of all prospective car buyers in the United States are interested in test driving a battery electric vehicle when shopping for their next car. This was true even for those who…
VW’s direct sales model for Scout Motors to be challenged by US dealers
VW’s direct sales model for Scout Motors to be challenged by US dealers Volkswagen’s Scout Motors is looking to enter the electric vehicle market using a sales strategy that has proven very effective for industry leaders like Tesla. On Thursday, Scout noted that it is planning to adopt a direct sales model instead of using…
The U.S. Surpassed Europe In Q3 EV Sales: Report
That makes the U.S. the world’s second-largest electric car market, but the gap to China remains huge.
LGES & Stellantis JV to start battery production in Canada
LGES & Stellantis JV to start battery production in Canada South Korean battery supplier LG Energy Solution (LGES) and Stellantis’ join venture is ready to mass produce modules to expand business in North America. LGES and Stellantis’ joint venture, NextStar Energy Inc., was announced in 2022. The South Korean company holds a 51% stake in…
Tesla Megafactory in Shanghai on track to start shipments in Q1 2025
Tesla Megafactory in Shanghai on track to start shipments in Q1 2025 Tesla Megafactory Shanghai is on track to start shipments by Q1 2025. Last month, local media outlet IT Home reported that Tesla’s Megafactory in Shanghai was already 60% complete, passing the halfway point. Tesla China officially started construction on the Shanghai Megafactory on…