Fiat’s new 2024 500e (source: Stellantis) Stellantis has been at odds with the Italian government for its lack of support in EV adoption and not backing home-grown brands Fiat and Alfa Romeo. But now Italy says it is open to buying a stake in Stellantis, Reuters reports, using the same model France uses for its… Continue reading Italy’s far-right government may buy a stake in Stellantis
Author: Electrek Newsfeed
Tesla Cybertruck can power your home with Powershare for ~$4000 installation cost
Tesla Cybertruck can power your home with its new Powershare product, but we are now starting to get an idea of the cost. The installation alone is about $4000. When Tesla unveiled the production version of the Cybertruck late in the year, the automaker finally confirmed it was its first bi-directional charging-capable vehicle. The feature… Continue reading Tesla Cybertruck can power your home with Powershare for ~$4000 installation cost
Tesla’s latest ‘million vehicle safety recall’ is about font sizes
Tesla is having to “recall” over 2 million vehicles, but again, the fix is just a software update and this time, it’s about font sizes. Seriously. I opened the Wall Street Journal today, and bang: Tesla recalls millions of vehicles over latest safety flaw: Millions of vehicles? Safety flaw? Oh lord, this seems like a… Continue reading Tesla’s latest ‘million vehicle safety recall’ is about font sizes
Tesla drops Model Y price in Canada, now access up to $12,000 rebate in Quebec
Tesla has dropped the price of the two base Model Y trims in Canada, which now means buyers of the popular Model Y AWD could get up to $12,000 in rebate in Quebec. This could be big as the Dual Motor version of the electric SUV is popular in the cold region. In an overnight… Continue reading Tesla drops Model Y price in Canada, now access up to $12,000 rebate in Quebec
‘World’s largest EV range test’ sees Tesla dethroned by an automaker you may not know yet
On Wednesday, the Norwegian Automobile Federation (NAF) completed its bi-annual El Prix event that tests the range of dozens of popular EVs from around the globe and various price brackets. While Tesla has dominated the last four years, 2024’s winter edition of the El Prix saw a newcomer not only deliver the most range in… Continue reading ‘World’s largest EV range test’ sees Tesla dethroned by an automaker you may not know yet
Tesla to build small new LFP battery cell factory with CATL machines, report says
A new report states that Tesla is going to build a small new LFP battery cell factory with CATL machines in Nevada. According to a new report from Bloomberg report, Tesla plans to build a “small facility” using “idle equipment” from CATL. The publication wrote: The automaker plans to buy machinery from CATL, as the… Continue reading Tesla to build small new LFP battery cell factory with CATL machines, report says
Elon Musk asks Tesla shareholders to vote for incorporation move to Texas
Elon Musk is in a full propaganda campaign to gain Tesla shareholder support against the court’s decision to rescind his CEO compensation plan and now announced that he is going to move for a shareholder vote on moving Tesla’s state of incorporation to Texas. Earlier this week, a judge in Delaware, where Tesla is incorporated,… Continue reading Elon Musk asks Tesla shareholders to vote for incorporation move to Texas
I think Elon Musk deserved his $55 billion comp, but it doesn’t mean he should get it
I think Elon Musk deserved his $55 billion Tesla CEO compensation plan, and I voted for him to get it, but it doesn’t mean he should get it. I would probably vote for it again. Hear me out. There’s a lot of confusion among the reactions to the judge’s decision to rescind Elon’s $55 billion… Continue reading I think Elon Musk deserved his $55 billion comp, but it doesn’t mean he should get it
GM ‘all-in on EVs’ goes back to plug-in hybrids amid setback with its electric car plans
General Motors claimed that it is “all-in on electric vehicles” for years, but today, CEO Mary Barra confirmed that the automaker is changing strategy and going back to plug-in hybrids amid setback in its electric car plans. In 2019, GM killed the Chevy Volt, its popular plug-in hybrid vehicle and announced plans to focus on… Continue reading GM ‘all-in on EVs’ goes back to plug-in hybrids amid setback with its electric car plans
Elon Musk’s $55 billion Tesla CEO compensation gets voided by judge
A Delaware judge has sided with Tesla shareholders who filed a lawsuit claiming that Elon Musk unjustly secured a $55 billion CEO compensation plan. The plan is now voided by the court. It’s unclear what will come out of this unique situation where Musk could potentially have to give back billions of dollars worth of… Continue reading Elon Musk’s $55 billion Tesla CEO compensation gets voided by judge