Reports about Giga Shanghai’s alleged production cuts this December have continued to come out, with recent claims suggesting that Model Y production will be halted at the China-based plant in the last week of December. The information was reportedly outlined in an internal memo that detailed Tesla China’s latest production plans. Tesla China has been…
Tesla submitted some proposals for Canada’s 2023 Federal Budget that may lay the foundation for the arrival of the Semi in Canada. Tesla’s proposals were submitted as part of Canada’s pre-budget consultations before the government’s 2023 budget is finalized. Tesla sent its proposals in a letter addressed to Chrystia Freeland, Canada’s Deputy Prime Minister and…
Due to recent economic turbulence, the future of solar EVs is being called into question. This morning, Sono Motors reservation holders were hit with a shocking notification; the company is on the verge of abandoning its solar electric vehicle project due to a lack of funds. A few weeks prior, solar EV brand Aptera announced…
Tesla’s (NASDAQ: TSLA) short sellers felt their revenge this year as they made billions in profit as the automaker’s stock has decreased by over 57 percent so far in 2022. A new report from S3 Partners shows Tesla’s short sellers have recovered well in 2022 compared to what their portfolios have experienced in past years. This year,…
The Tesla Model Y was the second best-selling vehicle in China in November. Tesla has had a fantastic Q4 in China thus far. First, Tesla announced that it had produced over 100,000 units in China, making it a leading EV exporter. Then, the Chinese automotive registration agency stated that Tesla sold over 60,000 vehicles in November alone.…
Elon Musk listed three prerequisites Tesla would have to accomplish before overhauling the Model 3’s design. They have now been met, and with reports of “Project Highland” funneling through the automaker’s future plans, the stage is set for a refresh of the company’s mass-market sedan. In early 2021, Musk met with industry veteran and “Teardown…
Tesla stock (NASDAQ:TSLA) has taken a beating this year, and it has been made more painful due to CEO Elon Musk’s acquisition of social media company Twitter. Amidst reports that Musk’s bankers and advisers are considering the idea of replacing some of the CEO’s high-interest Twitter debt with new margin loans backed by TSLA stock, some…
Tesla China set records in November by selling a total of 100,291 vehicles. Recent numbers released by the China Passenger Car Association (CPCA) now reveal that from this impressive number, 62,493 vehicles were sold domestically. As per the figures released by the CPCA, Tesla China sold a total of 69,098 Model Y crossovers and 31,193 Model 3…
It appears that Tesla has tapped one of its strongest talents to help Gigafactory Texas ramp its operations. As per recent reports, Elon Musk has reportedly tapped Tesla China’s top executive Tom Zhu to help run and optimize Gigafactory Texas. Zhu has a lot of experience under his belt, seeing as he oversaw Giga Shanghai…
Franz von Holzhausen, the chief designer at Tesla, is among several featured designers guiding an online automotive course launched by the Petersen Automotive Museum and Yellowbrick, which focuses on online education and career exploration. The course Auto Design & Sketching is self-paced featuring three modules: Design Principles & History Famous Case Studies Let’s Draw The course is led by…