Humble unveils an SUV powered by sunlight

Now, another California-based electric vehicle startup, Humble Motors, has revealed their concept SUV with a solar roof design they’ve named the Humble One. Instead of a glass roof, the Humble One has over 80 square feet of engineered photovoltaic cells that capture sunlight and transform it into energy. This generates enough electrical power to increase… Continue reading Humble unveils an SUV powered by sunlight

Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time

TipRanks Strong Insider Buying Could Indicate a Bottom in These 2 Stocks Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy… Continue reading Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time

Ford Isn’t Letting up on $6 Billion in US Manufacturing and EVs – Business Insider

Ford is investing $6 billion in US manufacturing. The carmaker has a solid relationship with the UAW, forged during the COVID-19 pandemic. Ford is building EVs in the USA, including an upcoming electric F-150 pickup. As electric vehicles take to the road in greater numbers — displacing their gas-powered ancestors — Ford is changing up… Continue reading Ford Isn’t Letting up on $6 Billion in US Manufacturing and EVs – Business Insider

Tesla increases price of Model 3 – its 3rd price change in just 2 months

Tesla has increased the price of the two cheapest trims of the Model 3 – the automaker’s third price change in just two months. As we previously reported, Tesla has a different pricing model than most other automakers. The automaker doesn’t rely on third-party franchise dealerships to distribute its vehicles. Those dealerships negotiate the final… Continue reading Tesla increases price of Model 3 – its 3rd price change in just 2 months

Consumer Reports says Tesla’s cameras inside its cars, which transmit video footage of passengers, could pose a privacy risk

Several Tesla models record and transmit video of drivers and passengers via in-car cameras. Tesla cars have up to 9 cameras encompassing both the outside and inside of the car. Consumer Reports said the in-car camera opens drivers up to serious privacy concerns. See more stories on Insider’s business page. Several Tesla vehicle models, including… Continue reading Consumer Reports says Tesla’s cameras inside its cars, which transmit video footage of passengers, could pose a privacy risk

Tesla increases Model Y price in China after successful launch in the market

Tesla has increased the price of the Model Y electric SUV in China last night after a successful launch in the market. In January, Tesla launched the Model Y in China. The launch of the electric SUV was highly-anticipated since the electric crossover/small SUV segment is very popular in the market, and since Tesla was waiting… Continue reading Tesla increases Model Y price in China after successful launch in the market

Bitcoin gains 5% after Elon Musk says Tesla now accepts the cryptocurrency as payment

Britta Pedersen-Pool/KTS Design/Science Photo Library/Getty Images Bitcoin rose 5% after Elon Musk said a Tesla car can now be purchased using the world’s most popular cryptocurrency. The “Technoking” said in a tweet early Wednesday the EV-maker has added bitcoin as a payment option. The choice is currently available to customers in the US, but will… Continue reading Bitcoin gains 5% after Elon Musk says Tesla now accepts the cryptocurrency as payment

Elon Musk says Tesla vehicles can now be bought using bitcoin

By Reuters Staff 2 Min Read (Reuters) -Tesla Inc chief Elon Musk said on Wednesday the company’s electric vehicles can now be bought using bitcoin and the option will be available outside the United States later this year. Slideshow ( 2 images ) “You can now buy a Tesla with bitcoin,” he tweeted here on… Continue reading Elon Musk says Tesla vehicles can now be bought using bitcoin

Elon Musk confirms new Tesla Model S is a 7-seater despite no option yet

Elon Musk confirmed in a comment that Tesla’s new refreshed Model S can “seat up to 7 people” despite the automaker not offering it as an option yet. When Musk first announced the Model S Plaid back in 2019, the CEO said that it will have the option for third-row jump seats, which was an option… Continue reading Elon Musk confirms new Tesla Model S is a 7-seater despite no option yet

India to launch supercharged push for global electric vehicle players

To benefit from the scheme automakers must meet conditions including minimum global revenue of $1.4 billion. For auto parts makers it is $69 million. The companies must grow by at least 8% each year to qualify for the incentives, which are also linked to the distance between the factory and point of sale. By Aditi… Continue reading India to launch supercharged push for global electric vehicle players