Tesla starts offering 7-year loans to lower payments on its electric cars

Tesla has started to offer 84-month (7-year) loans on its electric vehicles in order to lower monthly payments amid high-interest rates. If you haven’t been following the world of economics lately, policies have led to extremely high interest rates, which is affecting the borrowing capacity of most people, especially when it comes to large purchases… Continue reading Tesla starts offering 7-year loans to lower payments on its electric cars

Tesla Cybertruck spotted with wrap that makes it look like a Ford F-150

A picture of a Tesla Cybertruck with a wrap that makes it look like a Ford F-150 has leaked from a Tesla shop. It looks like Tesla is trolling, but more importantly, the picture raises questions about the Cybertruck’s frunk. Lately, we have seen several Tesla Cybertruck prototypes with wraps driving in California. The automaker… Continue reading Tesla Cybertruck spotted with wrap that makes it look like a Ford F-150

Tesla Cybertruck with new darker camouflage wrap spotted

A Tesla Cybertruck with a new darker camouflage wrap has been spotted and it gives the electric pickup truck an interesting look. Last month, a Tesla Cybertruck was spotted with a camouflage wrap for the first time, and it started some rumors. Automakers often camouflage their vehicles ahead of them entering production. Historically, Tesla hasn’t… Continue reading Tesla Cybertruck with new darker camouflage wrap spotted

Toyota is recalling over 12K electric bZ3 sedans in China for defective door handles

Toyota’s joint venture in China, FAW-Toyota, issued a recall plan for its electric sedan in China. The recall affects over 12,000 Toyota bZ3 models produced this year due to defective rear door handles. Toyota revealed the bZ3 electric sedan last October as part of its plan to recapture market share in the region. The bZ3… Continue reading Toyota is recalling over 12K electric bZ3 sedans in China for defective door handles

Toyota’s new trademark suggests an electric three-row Lexus SUV is on the way

It looks like a new electric Lexus three-row SUV could be on its way. Toyota filed four trademark requests this week with the EU Intellectual Property Office (EUIO) for a new Lexus TZ model. Lexus three-row electric SUV trademark filing Spotted by the folks over at Lexus Owners RX, Toyota filed four applications, including for… Continue reading Toyota’s new trademark suggests an electric three-row Lexus SUV is on the way

Nissan’s historic plant preps for electric era, follows Toyota with solid-state EV battery plans

The Nissan Yokohama plant is not only the automaker’s oldest factory but also the first mass-production plant in Japan. Nissan’s decision to transition the plant to build solid-state EV batteries is symbolic of the industry’s transition to electric cars. Nissan Yokohama plant to build solid-state EV batteries After announcing its Yokohama Plant made its 40… Continue reading Nissan’s historic plant preps for electric era, follows Toyota with solid-state EV battery plans

China’s SAIC Motor confirms partnership to supply Audi with its next EV platform

After weeks of rumors swirling out of China, state-owned automaker SAIC Motor has confirmed a pending partnership with Audi pertaining to next-generation EV platforms. Here’s the latest. Earlier this month, we covered reports that Audi was shopping around the Chinese EV market in search for a new partner to acquire advanced EV platform technology from following internal… Continue reading China’s SAIC Motor confirms partnership to supply Audi with its next EV platform

Tesla launches its electric vehicles in Malaysia

Tesla has launched its electric vehicles in Malaysia as part of its latest expansion in a new market. Now that the Model Y is firmly the best-selling passenger vehicle in the world, Tesla is looking to expand into more markets, especially in Asia. The automaker launched in Thailand recently. Now Tesla is turning its attention… Continue reading Tesla launches its electric vehicles in Malaysia

Tesla (TSLA) stock crashes on anticipated lower production and a ‘real’ recall

Tesla’s (TSLA) stock crashed more than 8% on Elon Musk disclosing that he anticipates lower production this quarter and another recall that is a “real” one this time. Yesterday, Tesla released its Q2 2023 financial results, and it beat Wall Street expectations on both revenue and earnings. Despite the beat, Tesla’s stock was down by… Continue reading Tesla (TSLA) stock crashes on anticipated lower production and a ‘real’ recall

Tesla (TSLA) delivers wild amount of energy storage again, but solar is down bad

Tesla (TSLA) delivered a wild amount of energy storage again last quarter, but its solar business is significantly down. Yesterday, Tesla released its Q2 2023 financial results. With the release of its results, Tesla always disclosed the amount of energy storage and solar power it deployed during the last quarter. The company confirmed that it… Continue reading Tesla (TSLA) delivers wild amount of energy storage again, but solar is down bad