U.S. Congressmen have been buying up Tesla stock consistently over the past three months despite current stock fluctuations. According to data from CapitolTrades, a website dedicated to showing the financial trades made by Federal lawmakers, numerous members of Congress have been buying thousands of dollars worth of Tesla (NASDAQ: TSLA) stock over the past three months,…
Tesla’s third-quarter earnings call is just a few days away, and the electric vehicle maker’s operations are in full swing. This is particularly notable in China, where Giga Shanghai continues to pump out vehicles for exports. Aerial footage of one of these batches of Teslas from Gigafactory Shanghai was recently taken at the Shanghai South…
Elon Musk announced that Tesla FSD Beta version 10.69.3 would be released next week. Currently, Tesla is rolling out v.10.69.2.3. Previously, Musk teased that FSD Beta v.10.69.3 will introduce major upgrades to Tesla’s autonomous software. During AI day, the Tesla CEO hinted at some of the upgrades that might roll out in 10.69.3, including the car gaining…
Following the vision-only Model Y’s stellar performance at the Euro NCAP and the ANCAP last month, Tesla found itself in hot water. This was because one of the EV community’s most well-known Tesla hackers found a code linked directly to different safety organizations. The presence of the code raised questions if Tesla was secretly optimizing…
The Royal Caribbean Group’s first solar-powered cruise terminal will have eight EV charging stations. The cruise line plans to open the world’s first zero-energy cruise terminal at the Port of Galveston in Texas on November 9. The new cruise terminal will generate 100% of its energy from 30,000 square feet of on-site photovoltaic solar panels. Royal Caribbean…
Tesla “is a solution to the economy,” Ark Invest CEO Cathie Wood said in an interview with Yahoo! Finance today. Wood noted that innovation will help solve the problems with supply chain issues as well as the food and energy crisis. “There’s been an accelerated consumer preference towards electric vehicles, like Tesla, because of oil prices. And we think there’s…
A new material used in the Cadillac Lyriq and made by Ascend Performance Materials is designed to make electric vehicles 80% quieter. Noise Vibration and Harshness (NVH) material has long been used in the automotive industry to limit the factors that make up its name; noise, vibration, and harshness. Automakers can make their vehicles significantly…
Mercedes Benz, Stellantis, Siemens, and TotalEnergies have agreed to a joint venture to construct three gigafactories in Europe to aid electric vehicle manufacturing. Since the recent European energy crisis, electric vehicles have grown in demand from consumers, corporations, and even governments. And this deal, worth roughly 7 billion euros ($6.79 billion), looks to address that.…
European Union (EU) officials are set to discuss the “discriminatory” Inflation Reduction Act with the U.S. this week, hoping to gain access to potential tax breaks or subsidies for European-built vehicles that are only available to automakers that build their vehicles in North America. EU officials have called the Inflation Reduction Act discriminatory because it disqualifies foreign…
Tesla saves an estimated $114 per car by removing ultrasonic sensors (USS) and switching to its Tesla Vision, according to a cost breakdown analysis by Munro Live’s Mike Lane. In October, Tesla announced that it is replacing its USS with Tesla Vision by removing them from the Model 3 and Model Y vehicles. “With today’s software, this approach gives Autopilot high-definition…