Tesla (TSLA) secures $780 million in bonds at cheaper levels than initially anticipated

Tesla (TSLA) managed to secure $780 million in bonds against its auto leases and got cheaper levels than initially anticipated, thanks to high investor demand. Even though Tesla ended the last quarter with a record cash position of $8.5 billion, the automaker is always looking for cheap ways to improve its financial position. Borrowing through… Continue reading Tesla (TSLA) secures $780 million in bonds at cheaper levels than initially anticipated

Electric pickups a possibility, FCA CEO says, as it updates product plans

Fiat Chrysler Automobiles NV could electrify its Ram trucks if they face deteriorating market share, CEO Mike Manley said Friday, as he provided updates on product launch plans that faced delays due to the coronavirus pandemic. The Italian American automaker has said it will electrify its profit-heavy Jeep brand by 2022, but overall it has been… Continue reading Electric pickups a possibility, FCA CEO says, as it updates product plans

German Court Suspends Driver For Adjusting Wiper Speed In Tesla Model 3

A recent verdict from Germany will start a fascinating discussion. The Higher Regional Court in Karlsruhe confirmed that a driver would have to be suspended from driving for a month. He was sentenced to that because he drove his Tesla Model 3 into an embankment and hit some trees after trying to adjust the windshield… Continue reading German Court Suspends Driver For Adjusting Wiper Speed In Tesla Model 3

Demand for Tesla vehicles remained strong during pandemic, Musk says

FILE PHOTO: Tesla Inc CEO Elon Musk speaks on stage during a delivery event for Tesla’s China-made Model 3 cars at its factory in Shanghai, China, January 7, 2020. REUTERS/Aly Song/File Photo (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk in a podcast released on Friday said that demand for the company’s electric vehicles… Continue reading Demand for Tesla vehicles remained strong during pandemic, Musk says

Chinese electric vehicle maker Xpeng raises another $300 mln, sources say

By Yilei Sun and Brenda Goh SHANGHAI, July 31 (Reuters) – Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional $300 million from investors including Qatar’s sovereign wealth fund, people familiar with the matter said. As enthusiasm builds for EVs, shares of their makers such as Tesla Inc and Nio Inc have surged… Continue reading Chinese electric vehicle maker Xpeng raises another $300 mln, sources say

Chinese electric vehicle maker Xpeng raises another $300 million, sources say

SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional $300 million from investors including Qatar’s sovereign wealth fund, people familiar with the matter said. FILE PHOTO: XPeng’s electric vehicle (EV) P7 is unveiled during the media day for the Shanghai auto show, China, April 16, 2019. REUTERS/Aly Song/File Photo As… Continue reading Chinese electric vehicle maker Xpeng raises another $300 million, sources say

See Six-Wheel Tesla Cybertruck With Massive Solar Array On Demand

Recently we saw a cool animation of a six-wheel version of the Tesla Cybertruck with a fold-out solar array in the back. It was created by Slave’ Popovski, who said that the entire solar system with six panels is about 27 m2, which should provide 5 kW, maybe even 7 kW of power on a… Continue reading See Six-Wheel Tesla Cybertruck With Massive Solar Array On Demand

More On The Awesome Purple Tesla Model 3 In Video Game Form

his article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are willing to share its content free… Continue reading More On The Awesome Purple Tesla Model 3 In Video Game Form

First-ever GMC Hummer EV previewed

The new GMC Hummer EV, the first in a line of premium electric SUVs and pick-up trucks to use the revived badge, has been previewed in a new video posted to the firm’s Twitter account. American automotive giant General Motors (GM) confirmed earlier this year that it planned to unveil the reinvented Hummer at an event in May, but… Continue reading First-ever GMC Hummer EV previewed