Very, very few cars can make the Porsche Taycan Turbo S look like it’s standing still in a quarter-mile race, but here we are. While the Taycan Turbo S is already unnervingly fast, all it apparently takes for Porsche’s flagship all-electric performance car to look like a slow car in the drag strip is a…
Elon Musk’s neurotech company Neuralink announced a $205 million Series C funding round led by Vy Capital. Google Ventures, DFJ Growth, Valor Equity Partners, Craft Ventures, Founders Fund, and Gigafund, also participated in the successful private investment round, the company said. A group of other leading executives and entrepreneurs also contributed to Neuralink’s fundraising round.…
The Tesla Model 3 was ranked number two in Europe’s car sales figures for June, trailing only the Volkswagen Golf hatchback for the top spot. The Model 3’s catapult to the silver medal on the podium proves electromobility is here, and Europe very well may be the world’s first continent to have an electric vehicle…
Tesla’s 2021.24 update has started rolling out, and it includes a number of welcome improvements and new features. Among these is the capability to access Disney+ through the Tesla Theater App, Car Wash Mode, Auto-Dimming Mirrors, and other novel features that would make the Tesla ownership experience even more convenient. The following are pertinent parts…
The Las Vegas Convention Center (LVCC) Loop is now fully operational, but while the underground transport service is already servicing passengers on a regular basis, very little is known about the Teslas that are currently used in the system. Fortunately, some details about the LVCC Loop’s fleet of electric cars have emerged recently. As per…
Tesla’s upcoming AI day would be held this coming August 19, 2021. The announcement was shared by Tesla CEO Elon Musk in a recent post on Twitter. Musk did not share details about the upcoming event, though previous tweets about Tesla’s AI Day suggest that the company would be going over the progress it has…
Redwood Materials, a battery recycling company founded by Tesla co-founder J.B. Straubel, has announced a $700 million investment round from external investors. The round was led by funds and accounts advised by T. Rowe Price Associates, Inc., and includes contributions from Goldman Sachs Asset Management, Baillie Gifford, Canada Pension Plan Investment Board, and Fidelity. Additionally,…
Following a blockbuster quarter that saw Tesla (NASDAQ:TSLA) post $1.1 billion of GAAP net income and $1.6 billion of non-GAAP net income, Morgan Stanley has published a note outlining its forecasts for the EV maker. Morgan Stanley analyst Adam Jonas was bullish in his note, stating that the bigger story in Tesla’s strong quarter was…
Tesla (TSLA) is currently implementing a major shift in its retail strategy, according to sources familiar with the matter. The automaker will move away from showrooms in fancy malls, and instead, it will focus on cheaper locations, remote managing of test drive fleet, and delivery centers. Tesla’s confusing retail strategies Since Tesla doesn’t use the…
If there is one thing that is evident with Tesla China, it is the fact that its legal team does not hold back. Whether it is a media outlet or a social media influencer, anyone or anything that spreads inaccuracies and false information about Tesla would be called out. This became a hard lesson for…