Toyota’s new CEO adjusts EV plans but sticks to a hybrid approach

Toyota’s newly elected CEO, Koji Sato, is tasked with pulling the automaker out of the past and into the modern era. After announcing plans to introduce 10 new EV models on Friday with 1.5 million in electric vehicle sales by 2026, is the automaker doing enough? After selling more than 10.5 million vehicles last year,… Continue reading Toyota’s new CEO adjusts EV plans but sticks to a hybrid approach

Tesla (TSLA) slashes prices across all its electric vehicles again

Tesla (TSLA) has implemented a new wave of price reductions across its entire lineup of electric vehicles. Prices on some models are down by as much as $5,000 overnight. After consistently and gradually increasing its electric vehicle prices over the last two years, Tesla has started bringing those prices down in 2023 to keep demand… Continue reading Tesla (TSLA) slashes prices across all its electric vehicles again

Tesla opens orders on cheaper $50,000 Model Y with 4680 cells

After a year of selling the vehicle as an “off-the-menu” product, Tesla has finally opened orders on the cheaper Model Y AWD with 4680 cells made in Gigafactory Texas. Tesla started producing and selling the vehicle almost a year ago to the day, but it was only gradually offered to customers. At first, it was… Continue reading Tesla opens orders on cheaper $50,000 Model Y with 4680 cells

Tesla co-founder JB Straubel is coming back as a board member

Tesla co-founder JB Straubel, who left the company a few years ago, is coming back to Tesla as a board member. JB Straubel was a co-founder at Tesla and the company’s longtime chief technology officer until he left in 2019 to launch Redwood Materials, which is helping create a North American battery supply chain. After… Continue reading Tesla co-founder JB Straubel is coming back as a board member

Tesla workers were sharing private videos from customer vehicles, concerning report claims

Tesla workers were sharing private videos filmed by customer vehicles, according to a concerning new report based on insiders. Tesla vehicles are equipped with arrays of cameras that are primarily used for its Autopilot or Full Self-Driving package, but Tesla has also used the hardware to power new surveillance features like “TeslaCam” and “Sentry Mode,”… Continue reading Tesla workers were sharing private videos from customer vehicles, concerning report claims

Tesla releases its ‘Master Plan Part 3’ white paper with the math behind its plan to save the world

Tesla has now released its “Master Plan Part 3,” which is basically the white paper with the math behind its plan to save the world, which was unveiled at Investor Day last month. Last month, Tesla held its Investor Day during which the automaker sort of unveiled its Master Plan Part 3. Unlike Part 1… Continue reading Tesla releases its ‘Master Plan Part 3’ white paper with the math behind its plan to save the world

Tesla Model Y leads record EV market share in the UK

Tesla delivered a record number of Model Y vehicles in the UK last month – leading to a record market share for electric vehicles in the country. Tesla opened Model Y orders in the UK late in 2021 and started deliveries in February 2022. By March, it was already the best-selling electric vehicle in the UK and pushing the country’s… Continue reading Tesla Model Y leads record EV market share in the UK

Tesla spotted testing Cybertruck suspension on test track

Tesla has been spotted testing the Cybertruck’s suspension at its Fremont factory test track in some of the best testing footage of the electric pickup truck to date. The automaker currently has a fleet of Cybertruck beta prototypes undergoing extensive testing ahead of the start of production, which is scheduled for this summer. Over the… Continue reading Tesla spotted testing Cybertruck suspension on test track

Ford slips below GM for #2 in US EV sales for the first quarter of 2023

Ford Motor released its first quarter sales Tuesday showing a 41% increase in EV sales. Despite the growth, Ford was outpaced in the first three months of 2023 by rival GM on the back of record Chevy Bolt EV sales. GM outpaces Ford in EV sales in Q1 2023 According to Ford’s press release, the… Continue reading Ford slips below GM for #2 in US EV sales for the first quarter of 2023

Elon Musk hypes up Tesla Cybertruck production

Elon Musk is hyping up Tesla Cybertruck production as some still hold on to hope that Tesla might be underpromising to overdeliver. The Cybertruck production program is being closely followed by the industry as it is likely the most important new electric vehicle to launch this year. With over 1.5 million reservations and Tesla’s incredible… Continue reading Elon Musk hypes up Tesla Cybertruck production