Tesla owner claims first Full Self-Driving Beta crash in strange NTHSA complaint

In a National Highway Traffic Safety Administration (NTHSA) complaint, a Tesla Model Y owner claims that he was involved in a crash while using the Full Self-Driving Beta, which would be the first reported FSD Beta accident. Tesla has been operating its Full Self-Driving (FSD) Beta for over a year now. Last month, the automaker… Continue reading Tesla owner claims first Full Self-Driving Beta crash in strange NTHSA complaint

Michigan seen among options for Rivian battery plant

Fresh off a $12 billion initial public offering, Rivian Automotive Inc. is investing in a dizzying array of expansion projects, pursuing a site for a stand-alone battery factory in addition to new vehicle-assembly plants already planned. Among the states seen as a possibility is Michigan. The to-do list for the electric-vehicle maker will be funded… Continue reading Michigan seen among options for Rivian battery plant

Rivian rockets past GM to become 2nd most valuable carmaker

Rivian’s goal this year is to produce 1,000 electric vehicles. NEW YORK: Rivian Automotive, a company that has delivered about 150 electric pickup trucks mostly to employees, has surpassed General Motors to become the nation’s second most valuable automaker. The California company’s market valuation exceeded Ford’s in its first day a public company Wednesday. Its… Continue reading Rivian rockets past GM to become 2nd most valuable carmaker

@niche: It’s bizarro world in the auto industry, again001410

It’s not just Tesla. Electric-vehicle startup Rivian (RIVN) has roared into public markets with a killer public offering and a market value of $116 billion. That’s 32% more than General Motors (GM) is worth, and 47% more than Ford (F). Rivian has never sold a vehicle until this year. GM sells around 7 million vehicles… Continue reading @niche: It’s bizarro world in the auto industry, again001410

Autos & TransportationTesla dips after Musk sheds $5 billion in sharesNovember 11, 2021

Nov 11 (Reuters) – Tesla’s stock (TSLA.O) declined slightly on Thursday after filings revealed Chief Executive Elon Musk sold about $5 billion worth of his shares this week following his much-hyped Twitter poll. The electric-car maker’s stock ended the session down 0.4% at $1,063.51 after tumbling earlier in the week. Musk’s share sale was his… Continue reading Autos & TransportationTesla dips after Musk sheds $5 billion in sharesNovember 11, 2021

Tesla dips after Musk sheds $5 billion in shares

By Tom Westbrook, Medha Singh 4 Min Read (Reuters) – Tesla’s stock declined slightly on Thursday after filings revealed Chief Executive Elon Musk sold about $5 billion worth of his shares this week following his much-hyped Twitter poll. FILE PHOTO: A Tesla logo is seen at the Tesla Shanghai Gigafactory in Shanghai, China January 7,… Continue reading Tesla dips after Musk sheds $5 billion in shares

How Toyota sneakily spreads anti-EV propaganda in Japan

(The following article was sent to us by a concerned Japanese resident who wishes to remain anonymous.) Remember the first electric Toyota RAV4? Probably not. The early attempt at an EV barely had a range of 100 miles and Toyota sold very few of them. Back in 2010, Toyota and Tesla jointly worked on a… Continue reading How Toyota sneakily spreads anti-EV propaganda in Japan

Tesla Supercharger network reaches new milestone: 30,000 chargers worldwide

Tesla announced that it reached a new milestone with its Supercharger network: it now has over 30,000 fast-chargers around the world. Earlier this summer, we reported on how Tesla is gearing up for a giant Supercharger expansion ahead of opening the network to other EVs. Following Tesla’s confirmation of this, the automaker started hiring many new… Continue reading Tesla Supercharger network reaches new milestone: 30,000 chargers worldwide

Analysis-Musk’s Tesla sales cause a stir, but billionaires sell stock all the time

NEW YORK, Nov 11 (Reuters) – If trading in the shares of Amazon, Microsoft, Facebook and other billionaire-owned companies is any indication, Tesla co-founder Elon Musk unloading part of his stake in the company may not be bad for the electric carmaker’s shares over the long term. Musk, who sold roughly $5 billion worth Tesla… Continue reading Analysis-Musk’s Tesla sales cause a stir, but billionaires sell stock all the time

Elon Musk sells $5bn in Tesla shares after Twitter poll

Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4 billion, while he also sold… Continue reading Elon Musk sells $5bn in Tesla shares after Twitter poll