Tesla CEO Elon Musk has revealed the estimated production capacity the automaker will allocate to the highly anticipated Cybertruck. As is typical for any Tesla event, the most interesting and exciting information shared at yesterday’s shareholder meeting came from the question and answer segment, in which shareholders inquired about everything from the Cybertruck to the Optimus robot…
SpaceX has announced a massive 70% discount on hardware for Starlink customers in select regions. As Starlink has achieved record growth metrics in recent months, it has introduced a growing number of discounts to only further its subscriber growth. Now, SpaceX has announced yet another Starlink discount, this time knocking 70% off of the price of hardware…
Starlink has announced that it has reached yet another subscriber milestone, this time within an essential new segment of the business. SpaceX’s decision to expand Starlink into the maritime and aviation sectors has been a pivotal and incredibly well-executed maneuver for the business, allowing it to reach new clientele and enter segments without traditional cellular or fiber-optic-based competitors. Now,…
Tesla has proposed building its next Gigafactory to local officials as it looks to dramatically ramp up production in the coming years. With a goal of producing and selling 20 million EVs annually by 2030, Tesla has an enormous amount of growing to do and hence, a lot of construction to complete. Most recently, Tesla has announced…
At AI Day 2022 event, the electric vehicle maker unveiled two humanoid robot prototypes that were part of the Tesla Optimus program. One was a unit built with off-the-shelf parts that was already walking and moving on its own, while another was built with off-the-shelf parts but still required human assistance. At the time, the…
In an interview with CNBC, Elon Musk laid out his argument against the idea that Tesla has an affordability problem. One of the oddest and most unique criticisms that Tesla receives from skeptics is that its vehicles are far too expensive. And further, despite the automaker’s consistent efforts to make its vehicles increasingly more affordable, this…
During the 2023 Cyber Roundup, a shareholder asked Tesla to implement third-party audits of the company’s cobalt suppliers. Although Tesla advised its shareholders to vote against the proposal, the Investor Advocates for Social Justice (IASJ) still urged TSLA investors to support its suggestion. Courtney Wicks, the Executive Director of the Investor Advocates for Social Justice,…
After years of prodding from investors and electric vehicle advocates, Tesla CEO Elon Musk has finally relented — Tesla will start launching advertisements for its products. It’s been a long road to get to this point. While the automotive industry is among the market’s largest ad spenders, Tesla has been adamant in its efforts to…
During the 2023 Cyber Roundup (Annual Shareholder Meeting), CEO Elon Musk confirmed that Tesla is developing two new vehicles that would be produced at a scale far beyond what the company could achieve today. A silhouette of one of these vehicles was also shared during Musk’s presentation. Considering Tesla’s goal of achieving an output of…
The Tesla Roadster was originally teased a few years ago alongside the Tesla Semi. The next-gen Tesla Roadster’s official launch remains a mystery, even though Tesla already delivered the first Semi class-8 trucks to PepsiCo When asked directly about updates on the next-gen Tesla Roadster, Elon Musk noted that it was a fair, reasonable question. “We expect…