GM is ending production of the gas-powered Cadillac SUV XT6 sooner than expected, and a new luxury EV will replace it. The three-row electric SUV will be placed by a new luxury Cadillac EV at GM’s Spring Hill plant in Tennessee. GM ends XT6 production for a new luxury EV After the XT4 was killed… Continue reading GM is dropping this gas SUV sooner than expected, but a new luxury EV will step in
Author: Electrek Newsfeed
Tesla (TSLA) is having a terrible month, and it’s only April 10th!
On today’s troubling episode of Quick Charge, we explore all the troubles befalling Tesla (and TSLA stock) in the month April – with top executives fleeing the ship, demand plummeting, sales slipping, government incentives at home and abroad under threat, and a raft of receipts brought on by an OpenAI lawsuit hitting the brand, it’s already… Continue reading Tesla (TSLA) is having a terrible month, and it’s only April 10th!
Tesla unveils new cheaper, but nerfed ‘Long Range’ Cybertruck
Tesla has unveiled a new version of its previously announced RWD Cybertruck. It will have a longer range but be nerfed with a lesser suspension and fewer features. When Tesla unveiled the production version of the Cybertruck in late 2023, it announced three trims: Single Motor RWD Dual Motor AWD Tri-motor AWD Cyberbeast Only the… Continue reading Tesla unveils new cheaper, but nerfed ‘Long Range’ Cybertruck
Cracks are forming in Elon Musk’s armor of lies
As Elon Musk moves to dismiss a lawsuit from Tesla shareholders claiming he failed his fiduciary duties, OpenAI is now suing Musk and exposing lies, which could help Tesla shareholders. It looks like cracks are forming in Elon Musk’s armor of lies. Last year, Tesla investors sued Musk for breach of fiduciary duty and resource tunneling… Continue reading Cracks are forming in Elon Musk’s armor of lies
Tesla Model 3 and Model Y prices rose higher in March as sales fell
Photo: Tesla Tesla average transaction prices (ATPs) in March are estimated at $54,582, higher year-over-year by 3.5% and higher than in February, according to the latest monthly new-vehicle ATP report from Cox Automotive’s Kelley Blue Book. Average transaction prices for the Tesla Model 3 and Model Y were higher month-over-month and year-over-year in March. Tesla’s sales in Q1 continued… Continue reading Tesla Model 3 and Model Y prices rose higher in March as sales fell
Tesla Canada says its shady $43 million incentive grab was a misunderstanding
Tesla has sent a response to Transport Canada about its sudden incentive cash grab from March, stating that this is standard process and suggesting that the incentives were for backdated sales that Tesla hadn’t filed yet. Until recently, Canada had a $5,000 incentive for electric vehicle purchases, similar to the US $7,500 federal incentive from… Continue reading Tesla Canada says its shady $43 million incentive grab was a misunderstanding
Tesla (TSLA) surges on Trump announcing bigger tariffs on China that will destroy its energy business
Tesla’s stock (TSLA) surged today after President Trump announced changes to his tariffs, which were put in place hours ago. However, the move is irrational since Trump significantly increased tariffs on China, which will destroy Tesla’s energy business. Trump’s “reciprocal tariffs” announced last week came into effect at midnight. The President implemented a 10% base… Continue reading Tesla (TSLA) surges on Trump announcing bigger tariffs on China that will destroy its energy business
Tesla already has new Model Y inventory available today in the US – demand is terrible
Tesla has new Model Y inventory available today in the US, just days after opening orders for what is supposed to be its most popular model. This proves that demand is terrible and Tesla is trying to hide it. On Friday, Tesla launched the new non-Launch Edition Model Y in North America. Prior to the… Continue reading Tesla already has new Model Y inventory available today in the US – demand is terrible
Tesla Supercharger explodes in Washington, bomb is suspected
A Tesla Supercharger cabinet exploded in Washington state last night. A small bomb is believed to be responsible for the explosion. The local police and the FBI are investigating. A 12-stall Tesla Supercharger station in Lacey, Washington, is temporarily shut down today because a power cabinet, which powers the stalls, exploded. The FBI and local… Continue reading Tesla Supercharger explodes in Washington, bomb is suspected
Toyota now plans to launch 10 new EVs within the next three years: Here’s what we know
Toyota is late to the game, but it doesn’t want to fall any further behind. The world’s largest automaker is about to shake things up with 10 new EVs launching by 2027 — tripling its lineup. The new models will roll out in the US, Europe, Japan, China, and Southeast Asia as Toyota looks to… Continue reading Toyota now plans to launch 10 new EVs within the next three years: Here’s what we know