The Tesla Model Y was the best-selling electric vehicle in Germany in January. Tesla has found astounding success in the German market. Recently, the German KBA, the agency which monitors vehicle registrations, found that Tesla sales had grown by more than 900% compared to January 2021. Further indicating Tesla’s success in the market, the KBA announced…
The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in…
Hertz (NASDAQ: HTZ) has announced that it will continue rapidly electrifying its fleet of rental vehicles following its record earnings report for 2022. Hertz is a clear leader in electrification in the car rental market, and buyers have responded accordingly. Hertz reported record earnings for 2022, despite numerous setbacks in the economy. Moving forward, Hertz…
Tesla Giga Press supplier IDRA, which produces the contraptions that produce the Model Y’s front and rear megacasts, has teased what appears to be its newest creation. Named “Neo,” IDRA’s new flagship is dubbed by the company as a potential driver for the future of vehicle manufacturing. IDRA’s video on Neo was posted on the…
New Energy Vehicle insurance registrations in China rebounded last week as the Chinese New Year holiday ended. And while Tesla China is still focusing on its exports at this point in the quarter, the electric vehicle maker’s domestic sales seem to be chugging along at a rather healthy pace. For the week ending on February…
Volkswagen has launched a global campaign promoting its ID.4 all-electric crossover. The effort features custom content from the upcoming movie from the Marvel Cinematic Universe, Ant-Man and The Wasp: Quantumania, which is opening in theaters on February 17. As could be seen in a video featuring the upcoming movie and the vehicle, a character that appeared…
Wall Street veteran and Mad Money host Jim Cramer recently revealed that between Ford and Tesla stock, he would rather own the latter today. Cramer shared his thoughts during the February 6 edition of CNBC‘s Squawk on the Street. Back in December, Cramer stated that Ford is a rising force in the electric vehicle sector. At the time, Cramer noted…
Bill Gates and Elon Musk have shared somewhat of a strange relationship that has culminated in an unorthodox version of a rivalry. More recently, Gates was interviewed by the BBC, where he called Musk’s visions of eventually colonizing Mars as very expensive and not a good use of his finances as it could be spent on…
Tesla sales in Germany during January increased by over 900 percent compared to January 2022. Tesla has consistently seen sales grow in Germany since it arrived in the market, and certainly at a respectable pace, but the first month of this year has proved the brand still has a lot of growing room. Compared to January…
Tesla Insurance is gearing up for a potential launch in Europe, as the company is seeking Legal Counsel specializing in insurance for the market. Tesla originally established its Insurance business in Europe by opening a branch in Malta in December 2020. It has not offered specific insurance services to drivers in Europe as of yet, but…