Tesla is set to announce another record quarter in terms of deliveries of its all-electric vehicles. A new report suggests the electric automaker will benefit from skyrocketing gas prices, which have increased vehicle orders for Tesla over the past few months. Analysts surveyed by Bloomberg suggest Tesla will report delivery figures of around 309,158 cars globally, a substantial increase from…
A study from the American Lung Association has revealed something significant. If the United States fully embraces all-electric transportation and embraces clean energy solutions, the country could save over $1 trillion in public health benefits by 2050. The new study analyzes the impact of a change in the United States’ transpiration and energy sectors and…
In its 10-K filing on Thursday, March 31, Rivian stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. Rivian noted that its ability to develop and manufacture vehicles of sufficient quality on time and at a large scale is still unproven. The company listed the conflict in Ukraine as one of the…
The Linn Creek Police Department decided to add a Tesla Model 3 to its fleet. The Model 3 vehicle is built with all the ordinary police cruiser necessities, including flashing red and blue lights, radio, and a siren. Chief Jeff Christiansen and Mayor Jeff Davis believes the Tesla Model 3 is a good investment, stating…
President Joe Biden has invoked the Defense Production Act to push for the production of materials domestically. The Act, which has been pushed over fifty times since its establishment in 1950, will provide companies with funding to push the responsible domestic mining and processing of materials needed for sustainable energy. It was rumored earlier this…
Tesla recently released an official notice about an upcoming stock split decision coming later this year. Tesla aims to ask its shareholders at the 2022 Annual Shareholders’ Meeting to vote their opinion on another stock split. “Tesla will ask shareholders to vote at this year’s annual meeting to authorize additional shares in order to enable…
Rivian Automotive said in a 10-K filing with the SEC earlier today that it expects “to incur significant expenses and continuing losses for the foreseeable future,” as it is a “growth stage” company. “We have incurred net losses since our inception, including net losses of $0.4 billion, $1.0 billion, and $4.7 billion for the years…
Faraday Future executives have been subpoenaed by the SEC, according to a filing from the automaker on Thursday. Faraday said certain members of the management team and employees received the subpoenas after its February 1 8-K filing with the SEC. “Subsequent to the February 1 Form 8-K, the Company, certain members of the management team…
Kyte, a company that delivers rentable cars straight to your door, has announced the launch of its new Tesla subscription product. Available in San Francisco in California, Manhattan and Brooklyn in New York, and Jersey City, New Jersey, on April 15, the Model 3’s Long Range All-Wheel-Drive trim level will be available for customers to…
It took Tesla owner Matthew Kerle a whole month to get behind the wheel of a car and drive on the highway once more. And when he did, things were not the same. Just a few weeks before, Kerle was riding in his friend’s Pontiac Grand Am when the driver approached a sharp curve too…