Look out Tesla, SAIC’s $4,500 electric car takes China by storm

BEIJING — On the showroom floor of a SAIC-GM-Wuling Automobile dealership in Chongqing, a salesman enthusiastically recommended the Wuling Hong Guang Mini EV, an electric car that has quickly won over Chinese drivers since its nationwide launch in July. The boxy compact lives up to its name, measuring less than 3-meters long and 1.5-meters wide,… Continue reading Look out Tesla, SAIC’s $4,500 electric car takes China by storm

‘Absolutely brilliant’: an auto-manufacturing expert praised Tesla’s latest self-driving software after a test ride (TSLA)

Auto-manufacturing expert Sandy Munro praised Tesla’s latest self-driving tech after a test ride. During an interview with Elon Musk, Munro said the system should hit the market as soon as possible. Tesla released a beta of its “full self-driving” mode, which doesn’t yet make cars autonomous, last year. Visit the Business section of Insider for more… Continue reading ‘Absolutely brilliant’: an auto-manufacturing expert praised Tesla’s latest self-driving software after a test ride (TSLA)

Electric vehicles force carmakers to reinvent the wheel, and brakes, and mirrors

NEW DELHI: Taking a cue from its Swedish colleagues at Volvo and the pragmatic views of automotive product planners worldwide, General Motors roiled the international automobile industry last week by proclaiming that all its cars will go pure electric by 2035. The pronouncement is likely to apply more pressure on more automakers, both in the… Continue reading Electric vehicles force carmakers to reinvent the wheel, and brakes, and mirrors

Scallops, vaccines and Tesla: The wild world of blockchain and cryptocurrency

This week, Tesla announced it purchased $1.5 billion of the cryptocurrency Bitcoin. The company even hinted that customers might soon have the option to pay for their cars with Bitcoin. Welcome to 2021, where nothing makes sense anymore.  Tesla’s desire to legitimize both cryptocurrency and blockchain with its Bitcoin investment has brought these technologies into… Continue reading Scallops, vaccines and Tesla: The wild world of blockchain and cryptocurrency

Global semiconductor shortage could stymie EV manufacturers in 2021

As the world enters 2021 with a cautious optimism, its global markets are still feeling many of the repercussions of the COVID-19 pandemic that have yet to be eradicated. Many people have pivoted toward remote work. This has increased smartphone and laptop demand, leading to shortages of essential components like semiconductors. One industry that is… Continue reading Global semiconductor shortage could stymie EV manufacturers in 2021

Elon Musk reveals surprisingly small battery pack in Tesla Semi electric truck

Elon Musk revealed the expected capacity of Tesla Semi’s battery pack ahead of the start of production, and it is surprisingly smaller than we thought. Back in 2017, Tesla unveiled its plan for an electric semi-truck, called the Tesla Semi, and at the time, the automaker announced two options capable of over 300 and 500… Continue reading Elon Musk reveals surprisingly small battery pack in Tesla Semi electric truck

Elon Musk believes Bill Gates had a big short position on Tesla (TSLA) and lost a lot of money

Elon Musk revealed that he has heard that Bill Gates had a big short position on Tesla (TSLA), and he might have lost a lot of money on it. Billionaires Musk and Gates don’t always have good words to say about each other, but they do appear to share similar concerns about climate change. However,… Continue reading Elon Musk believes Bill Gates had a big short position on Tesla (TSLA) and lost a lot of money

Tesla expands test of limited-time discounts on Supercharging to reduce wait time during peak travel

Tesla is expanding its test of limited-time discounts on Supercharging in order to reduce wait time during peak travel times. Last year, Tesla started testing temporary Supercharger discounts in California. In that case, it looked like Tesla was trying to incentivize people at night to offset expensive peak demand charges. During off-peak hours, Tesla was… Continue reading Tesla expands test of limited-time discounts on Supercharging to reduce wait time during peak travel