A bill has been introduced in the Senate called the “Affordable Electric Vehicles for America Act” that would dramatically alter the Inflation Reduction Act’s EV incentives requirements. Under the current Inflation Reduction Act (IRA), electric vehicles only qualify for federal tax incentives if assembled within North America. However, Senate bill S. 5020 would remove this…
Data from China Merchants Bank International (CMBI) has revealed something remarkable about Tesla’s operations in China. According to the firm, Tesla China was able to produce a record 87,706 vehicles in October, effectively pushing Giga Shanghai’s annual run rate to over 1.05 million vehicles. This suggested that Tesla China was able to add to its…
SpaceX, NASA, and the rest of the Kennedy Space Center (KSC) and Cape Canaveral Space Force Station (CCSFS) are doing what they can to prepare for Tropical Storm Nicole’s imminent arrival. The somewhat unexpected storm grew quickly in recent days and has become a system that could at least partially threaten the Space Coast and…
Green Hills Software founder and CEO Dan O’Dowd, who previously ran for Senate in an attempt to push his efforts to ban Tesla’s Full Self-Driving system, recently complained about his rejected advertisement on Twitter. O’Dowd noted that his anti-Tesla FSD ad was rejected by Twitter because it supposedly violated the company’s policy against “political” advertising. …
Tesla supporters in China have not seen deliveries of the Model S sedan or Model X SUV for a long time, but the wait may soon be over. Considering the marketing efforts of the electric vehicle maker as of late, it would seem like Tesla fans in China would soon be able to experience the…
As Tesla shares continued to feel pressure on Tuesday, CEO Elon Musk’s net worth dropped to below $200 billion. As of writing, Musk is listed with an estimated net worth of $197.4 billion, which still makes him the richest person in the world by net worth. Musk’s net worth is heavily tied to his almost…
Tesla Inc. and BYD Co. have helped push retail sales of New Energy Vehicles (NEV) in China up 75% in October from a year earlier. The carmakers were able to post impressive figures despite the country’s Covid-related disruptions last month. According to figures released on Tuesday by the China Passenger Car Association (CPCA), a total…
A county court in Georgia will decide Thursday whether or not to issue a temporary restraining order to stop all land disturbance activity at the site for Rivian. In 2021, Rivian chose a site just east of Atlanta, Georgia, as the location for its next production plant in the U.S. “Building our recently announced second domestic manufacturing…
Tesla is recalling 40,000 vehicles and solving the issue with an over-the-air update. Certain 2017 to 2021 Tesla Model S and Model X vehicles had an issue with the electronic power assist steering system. According to the filing with the National Highway Transportation Safety Administration. the system may experience a loss of power steering assist when driving…
Energica Motors, an Italian manufacturer of electric motorcycles, announced its sales success and showed off its complete lineup at the Milan Motorcycle Show. Energica announced today that they have sold 30% more motorcycles in 2022 than they had in 2021, and with Q4 only just getting started, the company may be posting a record sales…