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Tom Zhu officially announced as Senior VP of Tesla

Tesla officially announced Tom Zhu's new position in a recent SEC filing. Tom Zhu is listed as Tesla's Senior Vice President of Automotive under Executive Officers, a significant role for the former Giga Shanghai CEO. Zhu has been with Tesla...

Tesla’s rival, Lucid Motors, to lay off 1,300 employees, 18% of its total workforce.

The American manufacturer Lucid Group, which makes the high-end all-electric Air sedan, announced in a regulatory filing that it is restructuring and reducing employment by 18%. By the end of the second quarter, all 1,300 affected employees will have been...

Tesla Confirms plans for 48 Volt electric system starting with the Cybertruck

At the 2023 Investor Day, Tesla confirmed its plans to  to introduce a 48V electronic system, which is still a rare solution in the automotive industry after many years. In the 1960s, the automotive industry switched from 6V to 12V....

Tesla Model Y steering wheel falls off while driving, NHTSA investigation launched

The National Highway Traffic Safety Administration (NHTSA) announced that it has launched a preliminary investigation into 120,000 Tesla Model Y SUVs following two shocking reports of steering wheels falling off while driving. According to an incident posted on Twitter, a...

Tesla achieves Model Y production milestone at Giga Berlin

The Tesla Gigafactory in Berlin has passed a major milestone. According to a recent announcement from Giga Berlin's official social media account for Europe, the electric vehicle manufacturer successfully produced 4,000 Model Y in one week. https://twitter.com/tesla_europe/status/1630061495504584705?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1630061495504584705%7Ctwgr%5E2ee76ae4d057533985eec94973ce1865232b32eb%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.arenaev.com%2Ftesla_achieves_yet_another_production_milestone_at_giga_berlin-news-1481.php Quick marks puts Giga...

Tesla to open US charging network to other car brands, in response to $7.5B federal Infrastructure bill

The White House said that a portion of Tesla's extensive charging network in the United States will soon be open to electric vehicles from other manufacturers. The action is in response to the $7.5 billion government investment in charging infrastructure...

Tesla’s former CTO gets $2 billion loan from the US for EV battery recycling – Redwood Materials

Redwood Materials, a recycling venture founded in 2017 by Tesla's former Chief Technology Officer and cofounder JB Straubel, received a conditional loan of $2 billion from the Department of Energy, which previously assisted Tesla. The funding will be used by...

Tesla to invest $3.6 billion for Semi truck production in new Nevada Gigafactory

The long-awaited Tesla Semi truck has begun to arrive at customers, with Pepsi receiving the first deliveries. In an effort to increase truck production, Tesla announced a $3.6 billion investment in Nevada to build a second Gigafactory where the...

Tesla reduces prices up to 20% in the US, Europe and China

Last year, Tesla was having a hard time keeping up with demand as supply chain shortages caused huge order backlogs. In a turn of events, towards the end of the year, manufacturing outpaced new orders. To mitigate that, Tesla...

Tesla files $717 million expansion of Giga Texas to prep for Cybertruck Production

Despite Tesla share value plummeting over 67% in the last 12 months, the company is still pushing on with expansion. The latest development involves nearly a billion-dollar expansion of its Austin, Texas factory, also known as Giga Texas. According to...

Tesla adds free supercharging miles and discounts to boost end of year sales.

Tesla is introducing new incentives to entice new buyers this holiday season. They include added free supercharging miles and price discounts. Customers in the United States who purchase a new Model 3 or Model Y and take delivery by the...

 Tesla-backed ZOLA Electric announces its entry to Haiti to provide reliable and affordable energy

 ZOLA Electric, the Emerging Market energy technology company, has announced its market entry to Haiti, in partnership with renewable energy pioneer Haiti Green Solutions  to address the Energy Crisis effecting millions across the country. The launch is the...

Elon Musk is no longer the world’s richest person as Tesla share price drops

Elon Musk was the world's richest person by a huge margin a few months ago, as of this week he is no longer number one as Tesla's stock has dropped more than 3% today and more than 50% year...

Elon Musk to reportedly promote Tesla China President to Global CEO

Earlier, Chinese media reported that Elon Musk is considering stepping down as CEO of Tesla and naming Tesla China President Tom Zhu as worldwide CEO. According to Bloomberg, Tom Zhu is already in the United States. Nonetheless, according to the...

Tesla Cybertruck to come with the Semi’s 1MW fast charger and a smaller 2 door version teased

Elon Musk revealed new details about their upcoming Cybertruck pick-up truck while delivering the new Tesla Semi Truck. According to Elon Musk, Tesla will finally enter the ultrafast EV charging era with the Cybertruck, as the electric pickup will be...

Tesla working on Model 3 redesign to cut production costs

Model 3 and Y have given Tesla the most success in comparison to their other offerings. Tesla is looking forward to fine-tuning the Model 3 in order to compete with a slew of newer and cheaper electric vehicles from...

Tesla announces Q3 results with a new record in cars delivered

Tesla's stock has been falling in recent weeks, but this is due to a broader market situation and possibly the Twitter saga, despite that, its sales and deliveries have reached new highs, according to Q3 results announced . The company...

Tesla Launches ‘Universal’ Home Charging Station Priced at $550

Tesla has introduced a home charging station that is also compatible with non-Tesla electric automobiles. For autos made for the North American market, Tesla uses its own exclusive connector, unlike all other electric car manufacturers which means that the company's home chargers...

Tesla Semi Truck production begins, deliveries to start this year with Pepsi

Tesla CEO Elon Musk announced on Twitter that production of the company's semi-trailer truck, dubbed the Semi, has begun. https://twitter.com/elonmusk/status/1578170980283076608?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1578170980283076608%7Ctwgr%5E3247c5c3821f6a528880e902d2bbcdc73302e27d%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Ftechcrunch.com%2F2022%2F10%2F06%2Ftesla-semi-production-begins-with-pepsi-getting-the-first-deliveries%2F Musk also confirmed that Pepsi, which ordered 100 Class 8 trucks after their debut in 2017, will be among the first...

Tesla Berlin Gigafactory catches fire, activists demand production halt

The Tesla Gigafactory in Berlin caught fire. The fire started at a recycling plant attached to the main facility. It happened at 3 a.m. local time in Germany. A large amount of cardboard and wood caught fire in the factory's recycling facility, according to German media. It is currently unknown what caused the incident. The flames could be seen from afar, and it took 50 firefighters, 12 of whom were from Tesla's own brigade, to put out the fire. Around 8 a.m., the combined teams were able Extinguish the fire. Fortunately, there have been no reports of injured factory workers. Unlike many other fires at electric vehicle manufacturing plants, this one had nothing to do with EVs or their frequently problematic battery packs. According to German media, citizens in the plant's immediate vicinity are now calling for a...

Tesla’s most affordable Model Y Standard Range SUV launches In Europe

Tesla has officially started offering the Model Y crossover in the Standard Range rear-wheel-drive (RWD) version in Europe. The Long Range AWD model is now the least expensive Model Y in the United States, starting at $65,990. The Model Y...

Tesla’s electric semi truck to start shipping by the end of this year

Tesla's Semi Truck may finally hit the streets by the end of this year, after numerous delays due to various factors, including battery supply constraints in 2021. The information comes from Tesla's CEO Elon Musk Twitter post.  Tesla made strides...

Tesla accused of false advertising involving Autopilot and self-driving features

Tesla has been accused of false advertising by California's Department of Motor Vehicles for promoting its Autopilot and Full Self-Driving features as providing autonomous vehicle control. The DMV claims that the electric-carmaker misled customers by using advertising language that exaggerated...

Elon Musk hints Tesla’s next Gigafactory might be in Canada

Elon Musk, CEO of Tesla, stated during the company's annual shareholder meeting that an announcement about the next Gigafactory could be made later this year. During a speech at the Gigafactory Texas meeting dubbed Cyber Roundup, Musk mentioned that Tesla...

Volkswagen partners with Tesla Co-founder’s EV battery recycling firm

Volkswagen Group of America announced a partnership with Redwood Materials for the purpose of giving EV batteries a second life through recycling.  Redwood Materials was formed in 2017 by former Tesla Co-founder JB Straubel with the aim of EV battery...

Laid-off Tesla employees snatched by rival automakers & tech giants

A few days ago, Tesla reportedly closed its San Mateo office, terminating 200 hourly workers in the process. This was part of a larger goal of reducing 10% of its salaried employees.  However, it seems that the decision may have...

BYD overtakes Tesla to become the world’s best selling electric car company

According to the Financial Times, the Warren Buffet backed BYD automaker has surpassed Tesla as the best-selling EV brand in the world based on the most recent sales data for the first half of this year. In fact, BYD...

Tesla breaks its promise, lays off 200 hourly workers from Autopilot Team

Elon Musk, the CEO of Tesla, reportedly informed executives in early June that the company needed to make a 10% employee reduction due to a "super bad feeling" about the economy. Recent reports are now showing the locations of...

Tesla produces 1,000 cars in a week at the new Gigafactory Berlin

Tesla stated that 1,000 Model Y vehicles were produced in a week at the Gigafactory Berlin. On the factory floor, a huge group of employees took a photo, some holding a "1000" banner, to celebrate the milestone. The world's richest...

Tesla CEO Elon Musk is facing a $258B class action lawsuit over Dogecoin hype

Billionaire Elon Musk has been hit with a $258 billion lawsuit for allegedly engaging in a crypto pyramid scheme "Dogecoin cryptocurrency". The lawsuit was filed by in a federal court in Lower Manhattan by US Citizen Keith Johnson against...