According to a comprehensive report published this morning by research firm Bloomberg Intelligence, Tesla will hold its global crown for EV sales for the next 18 months but will then be usurped by Volkswagen electric vehicles. The full BEV outlook report predicts that many legacy automakers will lag in sales through 2025, but Volkswagen is… Continue reading Here’s why Bloomberg thinks Volkswagen’s EV sales will overtake Tesla’s by 2024
Author: Electrek Newsfeed
LG invests $450 million in producing Tesla’s 4680 battery cell format
LG announced that it is investing $450 million into producing 4680 battery cells, a format pioneered by Tesla. While the Korean battery manufacturer didn’t confirm that the new cells will be for Tesla, it is extremely likely. When Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a… Continue reading LG invests $450 million in producing Tesla’s 4680 battery cell format
How much is a Tesla lease in 2022?
Electrek is brought to you by Autonomy.com, the cheapest, fastest, easiest way to get a Tesla Model 3. If you have a credit card, you can reserve a Tesla now. Learn more and get $500 off for a limited time. (See Terms.) Ok, you’ve seen the hype and have your eyes set on owning a Tesla, but first, you wonder,… Continue reading How much is a Tesla lease in 2022?
Chevy Blazer EV gets revealed July 18, first official look
Chevrolet announced the reveal of the 2024 Blazer EV today and noted that the SS, or “Super Sport,” version would be in dealers’ hands in the spring of 2023 for model year 2024… GM has been drip-dropping news on the Chevrolet Blazer EV since it was first teased at the GM CES presentation by CEO… Continue reading Chevy Blazer EV gets revealed July 18, first official look
Tesla is considering sites for new factory in Canada and Mexico, along with the US
Elon Musk says that Tesla’s factory might not necessarily be in the US as the automaker is also considering options in Canada and Mexico for a new North American plant. Last week, Tesla CEO Elon Musk held a company-wide meeting with employees. Electrek obtained a recording of the meeting, which included a Q&A with workers.… Continue reading Tesla is considering sites for new factory in Canada and Mexico, along with the US
Billionaire Larry Ellison is leaving Tesla’s board of directors
Tesla confirmed that Oracle’s billionaire founder, Larry Ellison, is leaving its board of directors, and he won’t be replaced. As part of Elon Musk’s and Tesla’s settlement with the SEC over the former’s comments about taking the company private, the board had to nominate two new “independent” directors within 90 days. The automaker complied by appointing… Continue reading Billionaire Larry Ellison is leaving Tesla’s board of directors
Tesla is surprised by demand for Model Y in right-hand drive markets, will increase production
Tesla has been surprised by the demand for the Model Y in right-hand drive markets, and CEO Elon Musk says that the automaker will increase production. The Model Y has been on the market for a few years, and it has already become the most popular electric vehicle in the world. While it has been… Continue reading Tesla is surprised by demand for Model Y in right-hand drive markets, will increase production
Tesla is operating a virtual power plant demonstration in Texas
Tesla is operating a virtual power plant demonstration in Texas to show the grid authorities the potential of such a product. But until some rule changes, the company needs the collaboration of local Powerwall owners without compensation. Last month, we reported on Tesla lobbying for any homeowner with solar and batteries to participate in Texas’s… Continue reading Tesla is operating a virtual power plant demonstration in Texas
Elon Musk says Tesla had a ‘very tough quarter’ and needs to rally in leaked email
Elon Musk says that Tesla had a “very tough quarter” and asks employees to needs to “rally hard to recover” in leaked emails. Over the weekend, Tesla CEO Elon Musk sent emails to employees and Electrek obtained copies. In the first email, Musk tried to instill meaning about building Tesla products to workers: “We *actually*… Continue reading Elon Musk says Tesla had a ‘very tough quarter’ and needs to rally in leaked email
Tesla now produces more cars at Fremont factory than when operated by GM/Toyota
Tesla is now producing more cars at its Fremont factory than when it was the NUMMI factory operated in partnership by GM and Toyota. And it’s only the beginning. CEO Elon Musk says it could grow production by about 50%. It was chaos before it became Tesla Factory New United Motor Manufacturing, better known as… Continue reading Tesla now produces more cars at Fremont factory than when operated by GM/Toyota