Tesla (TSLA) is expected to be about to finally get rid of its “junk bond” rating and become a “blue chip” – something somewhat overdue for the sixth most valuable company in the world. Despite delivering profits for more than two years straight and building a cash position of over $18 billion while sitting on… Continue reading Tesla (TSLA) is about to earn its ‘blue chip’ status and climb out of the ‘junk bond’ dumpster
Author: Electrek Newsfeed
Toyota’s bZ4X recall isn’t going great – company offers car buyback
Toyota has sent a letter to bZ4X owners, offering a choice between a loaner and incentive package or full repurchase of vehicles, as the company continues to struggle with (literally) keeping the wheels on their first electric car effort. Notably, the car’s electric drive systems are not affected by the recall – the battery and… Continue reading Toyota’s bZ4X recall isn’t going great – company offers car buyback
GM to expand its Super Cruise network, adding hundreds of thousands of miles of ‘hands-free’ roads
General Motors (GM) has announced a massive expansion to its Super Cruise hands-free driver assistance network. The expansion will double the size of the current Super Cruise network to over 400,000 miles of compatible roadways and will soon be available to over 20 GM models. Super Cruise is a hands-free driver assistance feature introduced by… Continue reading GM to expand its Super Cruise network, adding hundreds of thousands of miles of ‘hands-free’ roads
Audi EV models featured in hit Netflix film, plans to ramp US EV output
The new Netflix hit, “The Gray Man,” features several new Audi EV models, but Audi is not stopping there. The German automaker is rolling out extensive plans to expand its US EV market position. If you watched Netflix’s latest hit thriller, “The Gray Man,” you may have noticed the head-turning Audi lead actor Ryan Gosling… Continue reading Audi EV models featured in hit Netflix film, plans to ramp US EV output
Tesla applies to patent more precise GPS antenna for self-driving and navigation
Tesla has applied to patent a new multi-band GPS antenna that it believes will be more precise for self-driving and navigation applications. The automaker describes the new device in the abstract of the new patent application: A multi-band antenna system is provided. The antenna system can be placed under and embedded within a glass exterior… Continue reading Tesla applies to patent more precise GPS antenna for self-driving and navigation
Legacy auto BEV growth rate doubles Tesla which drops to 60.9% of total EV market
Despite dwindling inventories of BEVs due to supply chain constraints and legacy automakers still playing catchup in BEV production, the demand for electric vehicles continues to rise… and Tesla isn’t the only pony in the race anymore. That being said, Tesla remains the “Nap” in EV sales, but the rest of the market is starting… Continue reading Legacy auto BEV growth rate doubles Tesla which drops to 60.9% of total EV market
Tesla is testing new version of Solar Roof (v3.5) on employee’s homes
Tesla has come up with a new version of its Solar Roof, version 3.5, and it is now testing it on employee’s homes ahead of a wider launch. When launching the solar roof, CEO Elon Musk presented it as a critical product to accelerate solar power deployment, as it opens up the market to people… Continue reading Tesla is testing new version of Solar Roof (v3.5) on employee’s homes
Faraday Future news suggests financing may be coming soon
Faraday Future is no stranger to financial struggles. After a series of unfortunate events, the EV start-up is pushing back the release of its production model, the FF 91. But, recent Faraday Future news suggests it may have found a short-term solution. Last week, Electrek reported Faraday Future Intelligent Electric Inc. was again delaying its… Continue reading Faraday Future news suggests financing may be coming soon
GM offers Chevy Bolt EV owners $6,000 if they promise not to sue over battery fire recall fiasco
General Motors has started offering Chevy Bolt EV owners a $6,000 refund as long as they promise not to sue over the battery fire recall fiasco of last year. In June, GM announced that the 2023 Chevy Bolt EV and EUV are getting a significant $6,000 price cut – this was surprising at a time when… Continue reading GM offers Chevy Bolt EV owners $6,000 if they promise not to sue over battery fire recall fiasco
Legacy automakers: Who is investing the most into EVs?
The EV race is heating up. Electric car sales in the US reached a new record in the first quarter, and the momentum does not look to be slowing anytime soon. Traditional automakers are spending billions to catch up to EV leader Tesla. Which legacy automakers are spending the most on EVs? Traditional automakers are… Continue reading Legacy automakers: Who is investing the most into EVs?