Tesla set the date for its 2022 Annual Shareholder Meeting on Thursday, August 4. The meeting will take place at Tesla’s new headquarters in Austin, Texas. Tesla shareholders are expected to vote on a stock split during the meeting. The precise stock split ratios have yet to be determined. https://twitter.com/Tesla/status/1521344018768023553?ref_src=twsrc%5Etfw On May 2, Tesla filed…
Tesla Giga Shanghai has resumed over 80% production along with several other companies, according to Chinese official Zhang Hongtao — the chief engineer of the Shanghai Economics and Information Technology Commission. China created a “whitelist” to support companies resuming production and minimize the impact of Covid along the supply chain. As of Saturday, April 30,…
Back in 2017, the drag strip was haunted by a dual-motor all-wheel-drive electric car that was capable of humbling supercars on the quarter-mile. That car was the Model S P100D with Ludicrous Mode, Tesla’s flagship sedan at the time, whose violent acceleration was enough to spawn a thousand reaction videos on YouTube. The Model S…
As electric vehicles take hold of the larger auto market, Tesla trails vehicle sales across Europe by a somewhat narrow margin. However, the U.S. automaker’s new Gigafactory Berlin-Brandenburg could be set to change that, some say. Tesla could take back EV market share in Europe overall with its new Gigafactory Berlin, according to a report…
China’s State Administration for Market Regulation (SAMR) has announced that Tesla will recall over 14,000 Tesla Model 3 Performance units over a fault in the vehicles’ speed units when Track Mode is engaged. The issue would be addressed through a free over-the-air (OTA) update. According to the SAMR’s announcement, the recall would involve a total of…
Germany vice-chancellor Robert Habeck, who made headlines earlier this year by stating that the country must transform its power system “at Tesla speed,” is now calling for significant efforts to reduce the country’s reliance on Russian gas. Gas is among Germany’s most important energy sources, and about 55% of it is imported from Russia. ‘If I had…
Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs by a notable degree. A look at Tesla’s online payment calculator would show that the Texas-based electric vehicle…
Tesla Gigafactory Texas may still be following a deliberate ramp, but work in the facility is still ongoing at a rapid pace. As the factory continues to produce Model Ys, preparations at Giga Texas’ staging area are hinting at the volume of vehicles that will be coming out of the recently-opened plant when it hits…
Tesla has announced that it will be expanding its virtual power plant in Australia to New South Wales, southeast Queensland, and the Australian Capital Territory with the Tesla Energy Plan. The update was announced on the company’s official LinkedIn page. While Tesla did not provide many details about its Australian virtual power plant expansion, its LinkedIn…
Tesla adjusted delivery estimates of select Model Y variants in the United States. The Pearl White and Midnight Silver base Model Y Long Range with 19” Gemini wheels is sold out for the remainder of 2022, with delivery estimates expected between February 2023 and May 2023. Base Model Y LR variants in Deep Blue, Solid…