Tesla plans to ramp up Giga Shanghai production after surge in orders, report says

A new report states that Tesla plans to ramp up electric vehicle production at Gigafactory Shanghai to 20,000 units per week after a surge in orders. After years of claiming that demand was exceeding production capacity, we have seen plenty of evidence late last year that Tesla was starting to have some more serious demand… Continue reading Tesla plans to ramp up Giga Shanghai production after surge in orders, report says

Honda shows off electric outboard motor for boats using its motorbike batteries

Honda’s combustion engine outboard motors are a common sight on the back of boats in marinas around the world. But those motors could be going green one day thanks to a new Honda electric outboard shown off recently at the Dusseldorf Boat Show. Honda electric outboard motor The new boat motor is reportedly still a… Continue reading Honda shows off electric outboard motor for boats using its motorbike batteries

GM’s latest look at the Equinox EV has us guessing on range, battery, and price

Ahead of its scheduled arrival this coming fall, GM has shared its most in depth look at the 2024 Chevy Equinox EV yet in a video you can view below. By promising a starting price around $30,000, the Equinox EV is sure to capture plenty of customers, whether they are current GM owners or not.… Continue reading GM’s latest look at the Equinox EV has us guessing on range, battery, and price

Tesla is going to build a factory in Mexico City, says government official

Tesla is going to build an assembly factory in Mexico City, according to a representative of President Andrés Manuel López Obrador. The new rumored factory is apparently on top of the rumored factory in Nuevo León, Mexico. Last year, we reported on Tesla’s CEO Elon Musk confirming that Tesla is considering sites for a new factory… Continue reading Tesla is going to build a factory in Mexico City, says government official

Tesla grows headcount to new record despite waves of layoffs

Tesla confirmed that it grew its headcount by 29,000 employees last year despite waves of layoffs in 2022. 2022 has been a tough year for Tesla employees. They faced waves of layoffs, and the stock price plummeted, which negatively affected their stock options, an important part of their compensation. Despite the layoffs, Tesla has still… Continue reading Tesla grows headcount to new record despite waves of layoffs

Tesla still holds Bitcoin, but also took a $200 million loss because of it

Tesla confirmed that it still holds Bitcoin, but it sold a lot of them and took a $200 million loss because of the cryptocurrency. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. However, a few days later, Tesla took a step back with crypto… Continue reading Tesla still holds Bitcoin, but also took a $200 million loss because of it

Tesla opens its Supercharger to non-Tesla EVs in Australia

Tesla continues the gradual opening of its Supercharger network to non-Tesla electric vehicles – now with a few stations in Australia. The timing of the launch of the pilot program in North America is still unknown. Over the last year, Tesla has been working to open its Supercharger network to non-Tesla electric vehicles. In Europe, Tesla… Continue reading Tesla opens its Supercharger to non-Tesla EVs in Australia

Tesla Megapacks keep airport and US Coast Guard station powered during natural disasters

A Tesla Megapack-powered microgrid in Northern California has helped keep an airport and US Coast Guard station, described as a lifeline for the region, powered during natural disasters. Natural disasters such as earthquakes and winter storms can cause power outages, leaving communities without access to essential services. In the event of such occurrences, it is… Continue reading Tesla Megapacks keep airport and US Coast Guard station powered during natural disasters

Toyota is the latest car company to jump on the electric bike bandwagon

Automakers have seen the writing on the wall for the car industry, as millions of new e-bike riders opt for lighter and more efficient vehicles. Now Toyota has become the latest in a long line of automakers dipping their toes into the electric bicycle market. Like many other automakers who have rolled out e-bikes in… Continue reading Toyota is the latest car company to jump on the electric bike bandwagon

Tesla bursts into top 10 best-selling cars in the world with 2 models; industry should be scared

Tesla has burst into the top 10 best-selling cars in the world with not just one but two models in 2022. It’s something that the industry should be scared of, as manufacturing electric vehicles in volume becomes clearly disruptive. It’s hard to argue against the fact that electric vehicles are taking over. Their market shares… Continue reading Tesla bursts into top 10 best-selling cars in the world with 2 models; industry should be scared