Tesla gives update on its game-changing 4680 battery cell

Tesla has released a very detailed update on its 4680 battery cell program, which is expected to be critical for its future electric vehicles. The 4680 battery cell format has taken the industry by storm since Tesla unveiled its own cell strategy at Battery Day in 2020. The automaker claimed a potential to reduce battery… Continue reading Tesla gives update on its game-changing 4680 battery cell

Tesla increases Model S/X prices, but adds 3 years of free Supercharging

Tesla has increased Model S and Model X prices, following several massive price cuts to its flagship models, but it is also giving three years of free Supercharging to new buyers. Since the beginning of the year, Tesla has been cutting prices across its entire vehicle lineup. Model S and Model X saw the most… Continue reading Tesla increases Model S/X prices, but adds 3 years of free Supercharging

Tesla finally brings its trip planner to its mobile app

Tesla has finally decided to bring its trip planner to its mobile app – something that Tesla owners have been wanting for a long time. I’ve always said that longer range is not the best solution to curb range anxiety; accurate range prediction and trip planning are the best solutions to remove range anxiety. We… Continue reading Tesla finally brings its trip planner to its mobile app

Tesla (TSLA) crashes despite strong earnings; is the credibility going away?

Tesla’s stock (TSLA) crashed 7% today following earnings that actually met expectations. So what is the problem? Is Tesla losing its credibility? Yesterday, Tesla released its Q1 2023 financial results and met earnings expectations of $0.85 per share and even surprised many by maintaining an automotive gross margin over 19% despite significant price cuts during the… Continue reading Tesla (TSLA) crashes despite strong earnings; is the credibility going away?

Elon Musk says (again) Tesla might achieve ‘full autonomy’ this year, but what does it even mean?

Elon Musk announced again that he believes Tesla might achieve “full autonomy” this year, but it is not even clear what this means at this point. Over the years, Musk has so often claimed that Tesla was on the verge of achieving “full self-driving capability” that it is hard to believe him now. It’s not… Continue reading Elon Musk says (again) Tesla might achieve ‘full autonomy’ this year, but what does it even mean?

The AIM EV Sport 01 from former Nissan GT-R design chief is the coolest Japanese EV yet

The AIM EV Sport 01 stole the show at the Automobile Council this week with a head-turning design from none other than Shiro Nakamura. Mr. Nakamura is the former Nissan senior vice president/chief creative officer credited with designing some of the brand’s most iconic vehicles, including the GT-R. AIM is an engineering company based in… Continue reading The AIM EV Sport 01 from former Nissan GT-R design chief is the coolest Japanese EV yet

Elon Musk announces timing for Tesla Cybertruck delivery event

Elon Musk announced that Tesla is planning to hold a Tesla Cybertruck delivery event at the “end of the third quarter.” The Tesla Cybertruck is one of the most anticipated Tesla products and also one of the most delayed. Now, it is finally going into production in the coming months, and Tesla gave an update… Continue reading Elon Musk announces timing for Tesla Cybertruck delivery event

Hertz is bringing 4,000 rental EVs to Atlanta, including Teslas

Hertz is rolling out its EV fleets to cities across the US in a program called Hertz Electrifies, and it’s chosen Atlanta as its latest city. Atlanta is already home to Hertz’s third-largest EV fleet in the US, which is now going to expand significantly through Hertz Electrifies. The car rental giant is going to bring… Continue reading Hertz is bringing 4,000 rental EVs to Atlanta, including Teslas

Tesla says price drops are long-term thinking, but it’s really about demand

Tesla cars being shipped to Europe Tesla has just released its Q1 2023 earnings report amidst several price drops since the beginning of the year. This left investors questioning how these drops would affect margins, and Tesla has an explanation, but it’s perhaps only a partial one. In a nod to the question on everyone’s… Continue reading Tesla says price drops are long-term thinking, but it’s really about demand

Tesla reports massive increase in energy storage deployment, thanks to Megafactory

Tesla has reported a massive increase in energy storage deployment in Q1 2023, thanks to its new Megafactory producing a lot of Megapacks. The company’s energy storage business doesn’t get nearly as much attention as its electric vehicle business. And that’s for a good reason – the former is still only a fraction of the… Continue reading Tesla reports massive increase in energy storage deployment, thanks to Megafactory