Tesla was sued by a shareholder last Friday after accusing the company’s board members of breaching their fiduciary duties in connection with the automaker’s 2018 consent decree with the SEC. Tesla said in a 10-Q filing with the SEC on Monday that a shareholder filed the suit on October 21, alleging the company of breaching…
The vast majority of vehicles that qualify for Inflation Reduction Act incentives are PHEVs instead of fully electric vehicles. One of the most consistent criticisms of electric vehicles is their high upfront cost compared to gas and hybrid alternatives. However, according to market research completed by Recurrent Auto, as more and more new EVs have entered…
Tesla has gained approval from the Environmental Protection Agency (EPA) for select trim levels of 2023 model year Model S, Model 3, and Model X vehicles, Teslarati learned. Tesla applied for certification for the Model X, Model X Plaid, Model S, and Model 3 Long Range, Performance, and Rear-Wheel-Drive trim levels in late August. The Model 3…
Formula E has announced they have achieved record cumulative viewership for season 8. Despite an uphill battle in gaining viewership and recognition in motorsports, Formula E had record viewership in their most recent racing season. According to FE, the racing series had 381 million viewers total, a 20% jump in viewership cumulatively compared to the…
Vehicles like the Teslas have become popular in New Zealand, with the Model Y becoming one of the country’s best-selling vehicles in August and September. And with more electric cars on the road, more EV owners have received rebates for their vehicle purchases. This appears to have annoyed some officials. As noted in local reports, the New…
Tesla may have its hands full with its current product lineup, but Elon Musk seems intent on having the company eventually enter the home HVAC industry. In a recent post on Twitter, Musk reiterated Tesla’s plans to eventually release a home HVAC system with a HEPA filter, which should provide clean air to an entire…
Elon Musk announced back in August that his brain-machine interface company, Neuralink, would be holding a progress update “Show & Tell” event on October 31. As per a recent post from the Tesla CEO, however, the Neuralink event has been postponed by a month, with the Show & Tell now being scheduled on November 30, 2022. Musk…
SpaceX has assembled the fourth Falcon Heavy for the rocket’s first launch in 40 months. A photo shared by SpaceX on October 23rd shows that it has mated Falcon Heavy’s three first stage boosters together while preparing for prelaunch testing. Simultaneously, workers have completed the equally important task of converting 39A’s transporter/erector (T/E), which has…
Tesla recently rolled out software update 2022.40.1. The recent over-the-air (OTA) update introduced improvements to Sentry Mode, Dog Mode, charging, radio stations, and driver door unlock mode. Update 2022.40.1’s release notes are listed below. SENTRY MODE AND DOG MODE Sentry Mode and Doge Mode now work in tandem. Tesla drivers can activate both modes at…
Tesla China cut the price of the Model Y and Model 3 made in Gigafactory Shanghai. Tesla China’s site temporarily crashed after it dropped the cost of the Model Y and Model 3. The Model 3 RWD dropped from RMB290,988 to RMB279,888, while the Performance variant decreased from 376,900 to 349,900. Model Y variants dropped, too. The Model…