Tesla is reportedly aiming for a massive sale ramp-up in Germany to 80,000 vehicles in 2022, powered by Gigafactory Berlin. Germany is an important auto market in Europe and one that is difficult to penetrate for foreign automakers because of the strong local industry with companies like Volkswagen, BMW, and Mercedes-Benz. Tesla has made some… Continue reading Tesla is aiming for massive sale ramp-up in Germany
Author: Electrek Newsfeed
XPeng challenges Tesla FSD with City Navigation Pilot, ‘China’s most advanced’ Advanced Driver Assistance System
Chinese EFV automaker XPeng Motors announced it has launched a pilot program for its City Navigation Pilot (NGP) Advanced Driver Assistance System. With its debut, XPeng claims to be the first Chinese company to deliver such an “high-level” ADAS for complex urban driving, continuing to challenge Tesla’s Full-Self-Driving (FSD) technology overseas. XPeng Motors continues to… Continue reading XPeng challenges Tesla FSD with City Navigation Pilot, ‘China’s most advanced’ Advanced Driver Assistance System
Tesla significantly increases Supercharger prices across Europe
Tesla is increasing its Supercharger prices significantly across Europe amid the energy crisis on the continent. This follows more price increases throughout the year and around the world for Tesla’s charging network. One of the biggest advantages of electric vehicles remains that their cost of operations is much lower than vehicles with internal combustion engines,… Continue reading Tesla significantly increases Supercharger prices across Europe
Tesla Gigafactory Texas has produced 10,000th Model Y electric SUV
Tesla announced that Gigafactory Texas has produced its 10,000th Model Y electric SUV as it ramps up production. One of the biggest stories at Tesla right now is the production ramps that the automaker is trying to simultaneously achieve at Gigafactory Berlin and Gigafactory Texas. Those two factories are expected to roughly double Tesla’s production… Continue reading Tesla Gigafactory Texas has produced 10,000th Model Y electric SUV
GM launches aggressive EV ad campaign during NFL football to drive more mainstream adoption
Football is finally back. This year you can expect to see plenty of electric vehicles race across your screen during breaks. To promote its new EV lineup, GM is launching a new, in its own words, “aggressive and significant” ad campaign, which will air during NFL Sunday Night Football. According to a report from the… Continue reading GM launches aggressive EV ad campaign during NFL football to drive more mainstream adoption
A little-known investor put more money in Tesla (TSLA) than Elon Musk himself
A little-known investor has poured more money into Tesla (TSLA) than Elon Musk himself, and now he is reaping the rewards with a position worth billions of dollars. We first reported on KoGuan Leo last year when he became the third largest individual shareholder in Tesla behind Elon Musk and Larry Ellison. As we reported… Continue reading A little-known investor put more money in Tesla (TSLA) than Elon Musk himself
My Tesla Full Self-Driving Beta 10.69 first drive was a fail
I went on my first test drive of Tesla Full Self-Driving Beta 10.69.2, the latest big FSD software update, and unfortunately, it was a fail. This week, Tesla has started to push its FSD Beta 10.69.2, a refined version of its big Full Self-Driving Beta update 10.69 that the automaker feels good enough about to… Continue reading My Tesla Full Self-Driving Beta 10.69 first drive was a fail
GM is investing half a billion to upgrade Indiana factory to support EV production
As part of GM’s plans to provide ‘EVs for everyone,’ the automaker says it will be upgrading its Marion, Indiana, assembly plant. General Motors will invest $491 million to prepare the facility for the automaker’s transition to electric with new stamping capabilities. GM’s Marion Metal Center in Indiana opened its doors in 1956, producing sheet… Continue reading GM is investing half a billion to upgrade Indiana factory to support EV production
Tesla (TSLA) loses infamous ‘most shorted stock’ title to Apple (AAPL)
Tesla (TSLA) has officially lost its infamous “most shorted stock” title as the short position on Apple’s stock (AAPL) rises above Tesla’s. CEO Elon Musk has often warned people not to bet against Tesla on the stock market. He went as far as predicting a “next level short burn of the century,” and it sort… Continue reading Tesla (TSLA) loses infamous ‘most shorted stock’ title to Apple (AAPL)
Tesla weighs bringing ‘Tesla Center’ strategy to China and closing retail stores
Tesla is reportedly considering bringing its “Tesla Center” strategy to China and closing some retail stores in high-rent locations. Last year, Electrek exclusively reported on Tesla implementing a new retail strategy in North America that involves moving away from showrooms in fancy malls and, instead, focusing on cheaper locations, remote management of the test drive… Continue reading Tesla weighs bringing ‘Tesla Center’ strategy to China and closing retail stores