Tesla said in a Monday morning filing with the SEC that it was subpoenaed by the agency regarding information related to the company’s governance processes and compliance surrounding a Tweet from CEO Elon Musk in November 2021. The Tweet, which polled Musk’s Twitter followers on whether he should sell 10 percent of his Tesla holdings,…
The longevity of electric vehicles’ battery packs has always been a tricky subject. Companies like Tesla suggest that their cars’ battery packs are designed to last years, while avid EV skeptics would argue that electric vehicles would need a new battery after a few short years of ownership due to degradation. Fortunately, vehicles like the…
In its recently filed Form 10-K to the US Securities and Exchange Commission, the EV maker revealed that the fair market value of its bitcoin holdings amounted to $1.99 billion as of the end of 2021. Tesla initially invested $1.5 billion in bitcoin during the first quarter of 2021. Bitcoin is a digital asset, and…
The electric vehicle revolution is fully underway. Led by successful vehicles like the Tesla Model 3, which are compelling alternatives to comparable internal combustion cars, EV sales are taking off. The momentum of EVs as a whole may hit some challenges soon, however, partly due to the rising prices of raw materials that are critical…
On Sunday, February 6, the United States Postal Service (USPS) announced plans to submit an initial order for 5,000 electric delivery vans. The announcement was made to show that the USPS is committed to the fiscally responsible rollout of electric-powered vehicles for America’s largest federal fleet. The Postal Service also announced plans to achieve 70% fleet electrification…
On Saturday, February 5, The Boring Company’s (TBC) Prufrock-1 surfaced at Resorts World after laying the groundwork for the Vegas Loop’s first station. TBC published a video on Twitter of Purfrock-1 emerging from the ground near Resorts World over the weekend. Prufrock-1’s latest achievement officially connects the Las Vegas Convention Center to Resorts World via…
For the third time, SpaceX has installed Super Heavy Booster 4 (B4) on Starbase’s lone orbital launch mount, kicking off preparations for CEO Elon Musk’s upcoming presentation. In a decision that is difficult to logically explain, however, SpaceX chose to install Super Heavy on the ‘orbital launch mount’ with a crane instead of a complex…
While running behind schedule in classic fashion, SpaceX CEO Elon Musk says he’ll present the first big Starship program update in two and a half years on Thursday, February 10th. Additionally, as an apparent centerpiece for the event and update, Musk says that SpaceX will perform the second-ever “full stack” fit test with a Starship upper stage…
When rumors of the Tesla Model S Plaid started emerging, many were excited to see the company’s new flagship sedan. It takes something special, after all, to dethrone the Model S “Raven” Performance, a vehicle that is already capable of humbling supercars on the quarter-mile. But while the specs of the Plaid definitely did not…
The Intertubes lit up earlier this week when news broke that Ford Motor Company had laid plans to spend up to $20 billion, on top of $30 billion pledged earlier, for a massive gasmobile-to-EV overhaul of its global operations. This is reportedly going to be spearheaded by former Tesla Senior VP of Engineering Doug Field.…