Tesla shares fell 8.12% Tuesday after Wall Street downgraded price targets on the electric vehicle maker’s stock. Analysts fear that CEO Elon Musk is distracted by his hostile takeover and micromanagement of Twitter, and that China sales will be affected by the Chinese government allowing COVID-19 to spread after ending its stance on harsh restrictions. Tesla’s… Continue reading Tesla stock plunges as investors fear Twitter dramas, loss of China sales
Category: Tech News
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The EV tax credit rules are being delayed until March 2023 — here’s what that means for you
/ The Treasury Department said it would release its guidance on the EV tax credit in March. That means some EVs, like the Chevy Bolt and Tesla Model 3, are about to become a much better deal for car buyers. Photo by Andrew J. Hawkins / The Verge Besides its more obvious stated goal of… Continue reading The EV tax credit rules are being delayed until March 2023 — here’s what that means for you
The police want to talk to Elon Musk’s security team over the alleged ‘stalking’ incident
/ Police say that a member of Musk’s security team allegedly accused another driver of following them on the freeway before striking their car. Kristen Radtke / The Verge; Getty Images Police are looking to question a member of Elon Musk’s security team after he allegedly hit the car of a person who Musk later… Continue reading The police want to talk to Elon Musk’s security team over the alleged ‘stalking’ incident
Cruise soft-launches robotaxi rides in Phoenix and Austin
Cruise has soft-launched its fully driverless robotaxi service in Austin. Texas and near Phoenix, Arizona, making its own deadline to enter two new markets before the end of 2022. The GM-backed company has until now only operated its ridehail service in San Francisco, where it launched a fully driverless commercial service over the summer. “In… Continue reading Cruise soft-launches robotaxi rides in Phoenix and Austin
Bird tanks on word that a Canadian company is saving its bacon
Scooter company Bird is certainly down, but it’s not yet out. The five-year-old firm says that it and Bird Canada — a separate, private company that licenses Bird’s software and name — will merge “as soon as possible,” with an “estimated total of $32 million in new financing” from Bird Canada’s investors, “$4 million of… Continue reading Bird tanks on word that a Canadian company is saving its bacon
Acura’s first electric vehicle, a GM-based SUV, is out for testing ahead of 2024 debut [images]
Acura’s first electric vehicles – the ZDX and ZDX Type S performance models – are out for testing ahead of their 2024 debut, revealing a first glimpse of the automaker’s electric future. Acura’s first electric vehicle prototype hits the roads Acura is a brand we don’t cover often because, up until now, the automaker has… Continue reading Acura’s first electric vehicle, a GM-based SUV, is out for testing ahead of 2024 debut [images]
Audi is converting all factories to produce EVs as it phases out gas cars
Audi is preparing to convert its entire network of global production factories to manufacture electric vehicles as it gears up to compete in the auto industry’s future. The German luxury automaker is going “all in” on electromobility as it prepares to bring the brand known for its four rings into the future. After several years… Continue reading Audi is converting all factories to produce EVs as it phases out gas cars
Tesla won’t tolerate any dissent against Elon Musk, fired two employees
Tesla won’t tolerate any dissent against Elon Musk as it fired two employees over what it considered an “attack,” according to NLRB complaints. Earlier this year, SpaceX fired several employees who were drafting an internal letter to let the company’s leadership know that Musk’s behavior is “a frequent source of distraction and embarrassment.” The fired… Continue reading Tesla won’t tolerate any dissent against Elon Musk, fired two employees
PUBG Mobile continues push into music with new record label
/ As more live service games use splashy music events to attract players, PUBG Mobile is taking things a step further with its new Beat Drop label. PUBG Mobile’s latest major addition isn’t a new weapon, map, or crossover but an entire music label made just for the game. The new label is called “Beat… Continue reading PUBG Mobile continues push into music with new record label
Cruise’s driverless robotaxis are accepting passengers in Phoenix and Austin
/ The GM-backed company promised it would launch services in two new markets before the end of 2022. The “golden years” of expansion is at hand, the CEO says. Image: Getty Cruise is delivering on its promise to expand its robotaxi service to two new markets before the end of the year. For years, Cruise… Continue reading Cruise’s driverless robotaxis are accepting passengers in Phoenix and Austin