California is instituting a new pay structure for residential solar systems, which could dramatically damage demand for Tesla Solar products, but it isn’t all bad news. While Tesla’s energy products, particularly its commercial Megapack system, dominate the field, the same cannot be said for its residential solar systems, which have faced an uphill battle in the highly…
Tesla has released its list of shareholder proposals ahead of its 2023 Annual Shareholder Meeting, held at Giga Texas. Tesla’s shareholder meeting has become well known in the car world for its extravagance and the “hot takes” often issued by the automaker’s CEO, Elon Musk. Now, before its 2023 annual shareholder meeting at Giga Texas, the company…
Tesla Giga Shanghai’s main competitor in China, BYD, sold 552,076 new energy vehicles (NEVs) in the first quarter of 2023. BYD’s NEV sales are up 92.81% year-over-year, but down 19.22% compared to Q4 2022. In January 2023, BYD sold approximately 151,341 NEVS. While in February, the Chinese automaker sold precisely 193,655 new energy vehicles. And…
Tesla is said to be mulling a potential U.S.-based battery plant with one of its suppliers, CATL, according to a new report. Bloomberg reported yesterday that Tesla is potentially looking to build an electric vehicle battery cell production facility somewhere in the United States with CATL, citing people familiar with the matter. Tesla has not confirmed these…
Data from the U.S. Energy Information Administration (EIA) revealed that the United States generated more electricity from renewable energy sources than coal last year. According to the EIA, declining costs and rising subsidies contribute to renewables displacing fossil fuels. “Economic growth paired with increasing electrification in end-use sectors results in stable growth in U.S. electric…
Tesla made a minor improvement in its smartphone app that will allow for smoother navigation. Tesla’s in-car navigation is incredibly useful for electric vehicle drivers as it not only tracks and plans a route like any other GPS system, but it plans out a trip and forecasts things like time spent at Superchargers, which is extremely…
New data from Wood Mackenzie indicates that Tesla Solar is struggling in the consumer energy market. Tesla’s Energy products are often an afterthought for consumers when they think of the Tesla brand. By its very nature, Tesla’s flashy expensive cars attract more attention than its practical and stationary solar systems. Nonetheless, Tesla has been working…
Tesla CEO Elon Musk gave Bill Gates one piece of advice in his fight against climate change, and to many fans of the tech CEO, it will be pretty familiar. Gates, who has pushed to bring awareness to climate change initiatives over the years, said recently that people on Earth must change how they do…
Tesla has posted a new video on Twitter showing off one of its Megapack projects that helped kill a natural gas peaker plant. Despite its lack of news coverage, Tesla CEO Elon Musk has shared numerous times that he expects Tesla’s energy business to quickly eclipse its auto sales in terms of profit, thanks primarily…
McLaren Applied has revealed how it aims to conquer the EV industry in the coming years. McLaren has consistently been on the bleeding edge of technology for its entire history as a company. From its time in Formula 1 to its work within automotive engineering, it has been a leader in automotive technology. Now, the company’s…