Fisker takes another tumble, slashes production forecast

California-based electric automaker Fisker saw its shares plummet 14% yesterday after reporting big losses and lower sales than expected. Now the American startup expects to slash its production forecast for this year by as much as 30% of initial expectations. In the third quarter, Fisker lost $91 million, or 27 cents a share, according to MarketWatch.… Continue reading Fisker takes another tumble, slashes production forecast

Elon Musk didn’t even know Tesla started listing new cars through a third-party

Tesla started listing new cars through a third-party platform, cars.com, and CEO Elon Musk didn’t even know about it. One of the main things that separates Tesla from other automakers is the fact that it sells directly to consumers. In the US, all legacy automakers go through third-party franchise dealerships for sale and service. Tesla… Continue reading Elon Musk didn’t even know Tesla started listing new cars through a third-party

India is considering an EV tariff deal with Tesla, details emerge

According to reporting from the Financial Times, Tesla and India’s long courtship ritual could finally be making real progress. Negotiations appear to be on a path that would make it possible for Tesla to sell its existing cars in the country while it works on plans for a local manufacturing facility. According to the report,… Continue reading India is considering an EV tariff deal with Tesla, details emerge

Tesla signs deal with 2nd gas station operator to sell its Supercharger directly

Tesla has signed a deal with the EG Group, a massive gas station and convenience store operator, to sell its Supercharger hardware to be deployed as an EG-branded product. It’s the second of such deals that Tesla has made in just a few weeks. Last month, Tesla surprised many when it announced it reached a… Continue reading Tesla signs deal with 2nd gas station operator to sell its Supercharger directly

Tesla’s cheapest Model Y ever… is this 1:18 diecast model for $195

Tesla is now selling a 1:18 diecast model of its most popular vehicle on its online shop. The Model Y has become incredibly popular, and is expected to be the world’s best-selling vehicle this year. And now you can get one for the cool low price of $195… sort of. The $195 version is, unfortunately,… Continue reading Tesla’s cheapest Model Y ever… is this 1:18 diecast model for $195

Tesla will sue you if you try to flip your low-VIN Cybertruck

Early Cybertruck owners will be prevented from reselling their vehicles until a year after they take delivery, according to an update to Tesla’s Motor Vehicle Purchase Agreement. With the Tesla Cybertruck hitting the road at the end of this month, we’re gradually starting to learn more and more about it. We’ve recently seen it doing… Continue reading Tesla will sue you if you try to flip your low-VIN Cybertruck

UAW’s win helps non-union workers too as Toyota, Honda both hike pay

Honda has announced that it will raise the pay of some US workers by 11% after UAW’s historic strike wins, where it earned 25%+ pay increases at all of the Big Three American automakers. After Toyota did the same last week, this shows how union wins tend to affect entire industries, raising conditions for even… Continue reading UAW’s win helps non-union workers too as Toyota, Honda both hike pay

Renault hopes to chase down Tesla with EV unit Ampere

In a big hopeful move to catch up to Tesla and Chinese manufacturers, French automaker Renault has officially separated its newly formed EV unit Ampere from the rest of the business. The company has announced its executive team, launched a new logo, and set up some highly ambitious goals as it readies its IPO –… Continue reading Renault hopes to chase down Tesla with EV unit Ampere

GM’s Cadillac and Buick are first to gain access to Tesla’s EV charging network in China

SAIC-GM, the company’s joint venture in China, announced a partnership with Tesla to gain access to its EV charging network. GM’s joint venture becomes the first domestic company to collaborate with Tesla in the region. Starting at the end of this year, Cadillac and Buick EV owners in China will gain access to Tesla’s charging… Continue reading GM’s Cadillac and Buick are first to gain access to Tesla’s EV charging network in China

Tesla Cybertruck spotted climbing stairs off-road – showing great ground clearance

A Tesla Cybertruck was spotted climbing stairs off-road, and it gave us our best look at the electric pickup truck’s ground clearance. We are just a few weeks away from the start of Cybertruck deliveries, but there’s still a lot we don’t know about the truck. Earlier this week, there was a leak with some… Continue reading Tesla Cybertruck spotted climbing stairs off-road – showing great ground clearance