A new survey published by AmericanTrucks found that just over 1 in 4 truck owners considering switching to an electric truck would buy the Tesla Cybertruck. It’s no secret that the truck category is one of the largest and most profitable segments in the U.S. car market. From small-town America to the biggest cities, you will find…
The Tesla Cybertruck has a massive preorder count of well over 1 million vehicles, but that is not stopping some from labeling it a “cult car” that will only be produced in limited volumes and reserved for the company’s superfans. Adam Jonas of Morgan Stanley came out with a new note this morning that hints the…
BYD has announced discounts on its most popular EV models for the month of March. While the effects of Tesla’s price cuts earlier this year have certainly been felt in western markets, the impact has been even more profound in China, where Tesla is locked in a head-to-head battle for EV sales dominance with BYD….
Chinese battery maker and Tesla supplier CATL reported its earnings for 2022 today and showed a massive increase in overall income from the year prior, and it was supported largely by its domination in supplying EV makers with cells. CATL reported a net income growth of 92.9 percent from the year prior, seeing 30.72 billion…
Ford has once again teased the imminent unveiling of its new electric vehicle for the European market, which it will finally reveal in two weeks. On March 21, Ford will reveal a brand-new EV made for the European market, an all-electric crossover that is just the first portion of seven planned new models that the automaker plans…
Tesla (NASDAQ: TSLA) bull ARK Invest purchased 69,329 shares of the automaker’s stock on Wednesday, securing more than $12 million of shares. The shares were purchased across two of ARK’s ETFs: ARKK, which is the firm’s Innovation ETF, and ARKW, its Next Generation Internet portfolio. 51,960 shares were added to the ARKK ETF, while an…
Tesla’s price war against both electric vehicle makers and traditional automakers in the United States appears to be working. While it’s too early to tell which company will come out on top, there are signs Tesla is making some early gains. In January, Tesla rolled out an aggressive price reduction strategy across its entire lineup. Even best-selling…
An ill-fated 2014 Tesla Model S is suspected to be operating in Autopilot during a fatal crash last month in California, according to US investigators. The collision occurred when the all-electric sedan struck a fire truck, resulting in the driver’s death and critical injuries to a passenger. On Wednesday, the National Highway Traffic Safety Administration…
The Tesla FSD Beta program has been ongoing since October 2020. When it was launched, only a select number of veteran Tesla drivers were allowed to gain access to the advanced driver-assist system. It is then no surprise that today, it takes quite a bit to impress FSD Beta’s longtime users. FSD Beta V11.3.1 appears to…
Tesla recently unleashed its Ultra Red paint color for the Model S and Model X. The new red is a shade or two darker compared to the red paint Tesla used to offer but appears to compliment the Model S and Model X’s design better. Tesla’s Ultra Red paint color costs an additional $3,000 in…