Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The decision was based on the client’s wishes to have an easier, more streamlined solution…
Tesla is set to land in either Nuevo Leon or Hidalgo, two states in Mexico that are set relatively far apart from one another, Mexican President Andres Manuel Lopes said on Wednesday. Tesla has been scoping out numerous sites in Mexico for a potential automotive production facility, and reports last week indicated that Nuevo Leon, or the…
Tesla saw strong sales growth in China in January, which is particularly impressive considering the overall slump in the Chinese auto sector. It does, if any, suggest that the electric vehicle maker is truly becoming one of China’s strongest EV companies. As per data from the China Passenger Car Association (CPCA), Tesla China sold 66,051…
It took a long time, but Tesla has finally updated its vehicle order pages in North America to no longer default to prices that highlight “potential savings.” With the recent update, Tesla’s electric cars now default to their actual purchase price. Tesla’s North American order pages have attracted some flak over the years due to…
Central Texas experienced its worst icing event in over 15 years during the late January and early February 2023 ice storm. Recordings from Camp Mabry, Austin’s official weather reporting site, revealed that the storm brought 0.69 inches of ice, causing widespread tree damage and leaving hundreds of thousands of homes without power. Amidst the chaos brought…
Tesla’s Investor Day is coming in a few weeks, and the electric vehicle maker is starting to generate hype around the event. As Elon Musk confirmed that Master Plan Part 3 will be discussed at the event, Tesla also started sending out Investor Day invites. As per the invitation, Tesla Investor Day will be held…
Details of Elon Musk’s Master Plan Part 3 will be discussed during Tesla’s upcoming Investor Day event on March 1, 2023. The update was shared by the Tesla CEO in a post on Twitter. “Master Plan 3, the path to a fully sustainable energy future for Earth will be presented on March 1. The future…
Rivian has placed its first Adventure Network fast charger on the U.S. East Coast as it works to introduce 600 fast charging locations across the country. For those unfamiliar, the Rivian Adventure Network is the truck maker’s answer to the Tesla Supercharging Network. At Adventure Network charging locations, Rivian drivers have exclusive access to renewable and 200kW…
The Tesla Model Y was the best-selling electric vehicle in Germany in January. Tesla has found astounding success in the German market. Recently, the German KBA, the agency which monitors vehicle registrations, found that Tesla sales had grown by more than 900% compared to January 2021. Further indicating Tesla’s success in the market, the KBA announced…
The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in…