The $12,500 electric vehicle tax credit proposed in President Joe Biden’s “Build Back Better” plan is being labeled as “discriminatory” by Mexican Economy Minister Tatiana Clouthier, who said the country is analyzing legal recourse and other actions, including potential tariffs against the United States. Clouthier claims the EV tax credit is “totally contrary to free…
Tesla CEO Elon Musk confirmed that the all-electric Cybertruck will have a Quad-motor variant, which will take production priority at Gigafactory Texas when manufacturing begins. Musk also stated that, thanks to the Cybertruck’s front and rear-wheel drive modes, the pickup will be able to move diagonally “like a crab.” Tesla’s Cybertruck was unveiled in 2019 and…
Regulatory filings on Thursday have revealed that CEO Elon Musk has sold another 934,091 Tesla (NASDAQ:TSLA) shares. The sale, which was worth about $1.01 billion, effectively brings Musk to about 60% of his overall goal of selling 10% of his personal TSLA stake. Musk’s massive TSLA selloff started last month, following a Twitter poll where…
Tesla is working on integrating vehicle sharing into its app, which could be a step further toward the long-awaited “Tesla Network” launch. CEO Elon Musk said that one of the core goals of the design of the Model 3 (and Model Y later) was to build the electric car around self-driving and car-sharing/ride-sharing capability. Things…
Tesla recently filed three public comments to support the idea of waivers for tariffs on graphite, a key component for its electric vehicles’ lithium-ion batteries. Tesla stands as one of hundreds of auto industry players currently asking the US Trade Representative for extended tariff waivers on components imported from China. The ongoing supply chain issues…
Tesla China has issued a recall for 21,559 domestically-made Model Y due to a fault in the vehicle’s front and rear steering knuckles. The recall covers locally-manufactured Model Ys produced between February 4 and October 30, 2021. “Tesla Co., Ltd. filed a recall plan with the State Administration for Market Regulation. From now on, some…
Tesla Giga Nevada’s Semi Megachargers are live, based on recent reports and pictures from the factory. Tesla appears to have started expanding the parking lot at Giga Nevada as well. Construction on the Tesla Semi Megachargers, which appear to be larger versions of the company’s Urban Superchargers with thicker cables, was reported back in October. Shortly after…
Tesla is partnering with Exco Technologies Limited, a Canadian company that specializes in designing and developing dies, molds, assemblies, and casting for automotive companies, the company’s CEO confirmed on an Earnings Call earlier today. Tesla has long had a focus on manufacturing efficiencies, and arguably the most efficient, and most popular, was the introduction of the…
Tesla’s V2 Superchargers are live in India, but there is no timetable for when consumers will use them as India and the electric automaker have not agreed to terms that would bring Tesla’s EVs to the country. The Superchargers in India are V2, which carry a 150 kW output, and have two plugs on a…
Fresh of the release of its Cybertruck-inspired Cyberwhistle, Tesla has launched the next product in its “Cyber” line of merchandise — the Cyberquad for Kids, a miniature version of the ATV that the company unveiled with its all-electric steel pickup truck back in late 2019. The product is available for customers in the United States through…