Tesla appears to have shut down Fremont factory for upgrades

Tesla appears to have shut down Fremont factory as very little activity has been spotted at the gigantic factory. CEO Elon Musk had warned that Tesla would have factory shutdowns in Q3 for upgrades. During Tesla’s Q2 earnings report, Musk said that Tesla is expecting production to be lower in Q3 due to factory shutdowns:… Continue reading Tesla appears to have shut down Fremont factory for upgrades

Nissan hits 1 million EV sales 12 years after launching the LEAF

After launching the iconic LEAF compact electric car in December 2010, Nissan announced Tuesday that it finally surpassed 1 million in global EV sales. Nissan surpasses 1 million global EV sales More than 650,000 Nissan LEAF models have been sold since its launch over 12 years ago. For many years, the LEAF was the best-selling… Continue reading Nissan hits 1 million EV sales 12 years after launching the LEAF

Chevy’s Ultium Bolt will need these 5 things to be successful

Close-up view of the Chevrolet Bolt nameplate. (Photo by Jeffrey Sauger for Chevrolet) After dropping hints earlier, today GM CEO Mary Barra announced that Chevy would be re-release its popular Chevy Bolt after it gets an Ultium makeover. The Boltium! After owning two Bolts from 2017 until today, along with other popular EVs from Tesla… Continue reading Chevy’s Ultium Bolt will need these 5 things to be successful

GM confirms Ultium-based Chevy Bolt EV is coming, beats Q2 estimates

After hitting its goal of producing 50K EVs in the first half of 2023, General Motors (GM) says it expects the momentum to continue in the second half of the year. Most importantly, GM CEO Mary Barra finally confirmed an Ultium-based Bolt EV (Boltium!) is coming. GM beats Q2 estimates, Ultium-based Bolt EV coming General… Continue reading GM confirms Ultium-based Chevy Bolt EV is coming, beats Q2 estimates

Tesla now outsells Toyota in California

Tesla has the two bestselling cars in California by a ridiculous margin – and we are not just talking about electric vehicles. It even outsells longtime bestseller Toyota overall in Q2. Oh and Rivian almost catches Land Rover in Q2. It is helping push the market shares of battery-electric vehicles to a record high in… Continue reading Tesla now outsells Toyota in California

Tesla settles class action over solar roof pricing debacle

Tesla has officially settled a class-action lawsuit over a steep price hike on its solar roof that even affected signed contracts. Back in March 2021, Tesla added a new “roof complexity” factor to its solar roof prices that resulted in drastically increasing the price of its solar roof. The price of solar roof projects increased between… Continue reading Tesla settles class action over solar roof pricing debacle

Toyota falters as Japan’s EV hesitancy claims second victim in China

Japan’s largest automaker, Toyota Motor, is laying off workers in China as the company struggles to keep up in the world’s biggest EV market. Toyota lays off workers amid China’s EV transition Japanese automakers are stumbling in China’s evolving auto landscape. According to a new report from Reuters, Toyota’s joint venture with China’s Guangzhou Automobile… Continue reading Toyota falters as Japan’s EV hesitancy claims second victim in China

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