Financial advisory and global consulting firm AlixPartners released new projections for the future of the electric vehicle market, predicting sales could reach 33 percent by 2028 and 54 percent by 2035 as demand ramps up in major markets. EVs attributed for less than 8 percent of global automotive sales in 2021 and are now under 10 percent…
A Tesla Model Y built at Gigafactory Texas equipped with 4680 batteries has lost access to the company’s optional $2,000 Acceleration Boost. In September 2020, Tesla released an optional $2,000 Acceleration Boost upgrade that trimmed a half-second off of the Model Y’s 0-60 MPH time. A previous 4.8 0-60 was revised to 4.3 seconds with the update,…
Tesla’s rise over the years from an upstart electric sports car maker to the world’s most valuable automaker by market cap is remarkable. Tesla’s lead in the electric vehicle sector continues to grow technology-wise, and the company is also catching up to the world’s veteran carmakers when it comes to its business. Tesla, for example,…
Tesla’s headcount optimization has reportedly reached China, with local reports stating that the company had begun its efforts to lay off some of its workforce in the country. The initiative does not involve positions related to the production of the company’s all-electric cars, however. During his virtual appearance at the Qatar Economic Forum on Tuesday, Elon Musk…
The Biden Administration turned to Tesla for help on its renewable fuel policy reform. The updated policy is expected to include benefits for electric vehicles from the United States’ renewable fuel subsidies. Reuters reviewed the emails from the Biden Administration to Tesla. Based on the emails, the Biden Administration contacted Tesla on its first day of…
Elon Musk talked about the advantages of Tesla ads in an interview with Tesla supporters, including the President of Tesla Owners Silicon Valley, the President of My Tesla Adventure, and the Kilowatts founder. Musk noted that public support for Tesla is appreciated, and the Tesla community’s efforts to shoot down FUD (fear, uncertainty, and doubt)…
Revel has expanded its all-electric rideshare program outside of the island of Manhattan and into the borough of Brooklyn. Revel will launch its rideshare program in the Boerum Hill, Brooklyn Heights, Clinton Hill, Cobble Hill, Downtown Brooklyn, Dumbo, Fort Greene, Greenpoint, the Navy Yard, and Prospect Heights neighborhoods, and parts of Williamsburg. Revel now employs 400…
FedEx announced on Tuesday that it has taken delivery of 150 electric delivery vans from BrightDrop. The General Motors startup is reducing carbon emissions in last-mile delivery. BrightDrop’s delivery of the Zevo 600 to FedEx, which is the fastest-to-market vehicle in GM’s history, is a crucial turning point for the e-commerce and transportation company as…
Elon Musk confirmed in a recent interview that Tesla has finalized the design of the Cybertruck and it is locked ahead of production, which is slated for 2023. Musk sat down with members of Tesla Owners Silicon Valley, as well as Eli Burton and Ryan Levenson of the Kilowatts at Gigafactory Texas for a lengthy and revealing interview about…
New filings with the City of Austin show that Elon Musk’s Boring Company has filed to build a private access tunnel under Tesla’s new Gigafactory Texas. First spotted by members of the r/TeslaMotors subreddit, Permit/Case 2022-092836 SP deals with the “Colorado River Connector Tunnel,” with an address for the project listed as 12733 Tesla Road, Austin, Texas,…