Tesla has disclosed that Elon Musk sold another $3.9 billion worth of Tesla (TSLA) shares, which the CEO is likely using to finance the dumpster fire that is his Twitter acquisition. After years of promising that he would be “the last one to sell Tesla”, Musk started to sell billions of dollars worth of Tesla… Continue reading Elon Musk sells another $3.9 billion worth of Tesla (TSLA) to throw in Twitter dumpster fire
Author: Electrek Newsfeed
Honda EM1 unveiled as company’s first electric moped in Europe
Honda took to the EICMA Milan Motorcycle Show today to unveil its first European model with an electric drivetrain, the Honda EM1. Honda EM1 unveiled in Milan Electrek was on site at the show to visit Honda’s booth and see the new electric model in the flesh. In a storm of creativity, Honda named the… Continue reading Honda EM1 unveiled as company’s first electric moped in Europe
Tesla (TSLA) earns 8 times more per car than Toyota
Tesla (TSLA) is now earning eight times more per car than Toyota, and they are starting to notice back in Japan. The list of things that could have led to Tesla’s demise used to be longer than my arm. For most investors, the amount of money that the company was losing was at the top… Continue reading Tesla (TSLA) earns 8 times more per car than Toyota
Tesla pulls another demand lever in China
Tesla has pulled on another demand lever in China by creating some urgency to get an insurance incentive worth ~$1,000 as it tries to increase sales at the end of the year. Over the last few months, there have been increased concerns about softening of demand for Tesla vehicles. It was enough for CEO Elon… Continue reading Tesla pulls another demand lever in China
Here’s why heartland states lag behind the coasts on EV adoption
Retail sales of EVs have yet to fully take off in the US heartland states, according to new analysis from S&P Global Mobility. How come? The top eight EV markets in the United States are all in coastal states, and those markets represent more than half – 50.5% – of total EV registrations in 2022.… Continue reading Here’s why heartland states lag behind the coasts on EV adoption
Honda’s new AI-powered ‘golf cart’ look-alike will drive you around without a license
The new “Honda CI Micro-Mobility” self-driving EVs are set to hit the streets, combining Artificial (AI) and Cooperative (CI) technologies. Although it may resemble the look of a golf cart, Honda’s “Micro Mobility” concept is capable of much more, with features designed to shuttle around those who either don’t want to or can’t drive. Honda… Continue reading Honda’s new AI-powered ‘golf cart’ look-alike will drive you around without a license
Tesla applies for machine-to-machine cellular data service in its electric cars
Tesla has applied to offer telecommunication services in Canada, including “machine-to-machine cellular data service” in its electric cars. Starting with the Model S in 2012 and for a decade now, Tesla has been leading the auto industry in the level of connectivity inside its vehicles. Tesla has made software a priority in its product, and… Continue reading Tesla applies for machine-to-machine cellular data service in its electric cars
Tesla-backed startup launches microgrid powering 2 African villages
ZOLA Electric, a Tesla-backed company providing energy to remote African villages through solar and batteries, has announced the deployment of a new microgrid system that is powering 1,000 homes, schools, and businesses in two villages in Rwanda. We reported on ZOLA Electric back in 2015 when it was still called Off Grid Electric. At the… Continue reading Tesla-backed startup launches microgrid powering 2 African villages
Toyota among the ‘2022 world’s most obstructive companies on climate policy’ with oil giants
Toyota can’t seem to get out of its own way lately. The Japanese automaker ranked among the “world’s most obstructive companies on climate policy” of 2022, with oil giants like Exxon Mobile, Chevron, and leading Russian oil companies. “Change is the law of life. And for those who look only to the past or present… Continue reading Toyota among the ‘2022 world’s most obstructive companies on climate policy’ with oil giants
Japan, South Korean leaders push for US EV tax credit rule changes
South Korean officials and leaders from Japan are expressing concerns over the new US EV tax credit requirements that kick in at the end of the year. New reports are surfacing that Japan and South Korea will request flexibility in the rule changes. Will they get their way, paving the way for automakers like Toyota,… Continue reading Japan, South Korean leaders push for US EV tax credit rule changes