Electrek

Tesla Inc (NASDAQ: TSLA) catches flack for its use of the phrase Full-Self Driving (FSD), which is a software option owners can purchase that allows Tesla vehicles drive themselves (with human supervision) in multiple scenarios, including in parking lots. But the cars can still make mistakes,...

Tesla, Inc. (NASDAQ: TSLA) reported strong deliveries for the first quarter, defying the engulfing macroeconomic and geopolitical risks. What Happened: Tesla said it delivered a record 310,048 cars in the first quarter compared to the consensus of 312,000, according to Wedbush analyst Daniel...

One of the first electric vehicles from a leading company in the sector saw its highest-ever sale price.  What Happened: A Tesla Roadster sold for $250,000 recently, marking the highest amount ever paid for the first model from Tesla Inc (NASDAQ: TSLA). The vehicle was sold by Gruber Motor...

Close on heels of reporting strong deliveries for December, Nio, Inc. (NYSE: NIO) announced Monday plans to buy back debt that is maturing in 2024. What Happened: Nio said it is notifying holders of its 4.5% convertible senior notes due 2024 that they have the right to require the company to...

A shift to electric vehicle adoption could have a lasting impact on industries such as traditional automotive companies, oil companies and gas stations. One company that falls under the last two categories is investing in the future of EVs. Shell Acquires Greenlots: In 2019, oil company Royal...

Electric vehicle company Tesla Inc (NASDAQ: TSLA) has gotten praise for its business segments outside of vehicles: solar power, energy storage and others. The company’s solar business could get a lift with expansion highlighted in a recent Electrek article. What Happened: Tesla has expanded...

The end of the quarter is near, which means only one thing for Tesla Inc (NASDAQ: TSLA) and its employees. What Happened: The tradition of Tesla CEO Elon Musk sending an end-of-quarter memo to employees continues. A short email to employees over the weekend said this week, which is the...

Many states, including Texas and New Mexico, do not allow the direct sale of vehicles to customers. Car companies must use a dealership model to get cars into the hands of customers. This means companies like Tesla Inc (NASDAQ: TSLA) that directly sell to customers have to find some...

General Motors Co (NYSE: GM) is set to start replacing all electric vehicle battery modules in some Chevy Bolts within weeks, Electrek reported on Monday. What Happened: GM has informed some owners they can book appointments from August 23 onwards to have all of the modules in their batteries...

Chinese auto manufacturer BYD Company Limited (Pink: BYDDF), which also has a thriving battery business, is gearing up to supply batteries to rival electric vehicle manufacturer Tesla, Inc. (NASDAQ: TSLA). What Happened: BYD, which has the backing of billionaire investor Warren Buffett, will...

After announcing that Tesla would open its Superchargers to non-Tesla owners, CEO Elon Musk has clarified how the process will work. What Happened: Known for its Superchargers that are exclusive to Tesla Inc (NASDAQ: TSLA) owners, the electric vehicle company could add a new revenue...

One of the largest mobile games in the world partnered with Tesla Inc (NASDAQ: TSLA) to feature the well-known electric vehicle automaker. The deal could help boost Tesla’s profile internationally and lead to feature gaming partnerships. Tesla, PUBG Partnership: A new partnership between...

Tesla Inc (NASDAQ: TSLA) will begin opening up its Supercharger network to rival electric automakers starting September 2022, as per an Electrek report.  What Happened: As per the report, the Elon Musk-led electric vehicle company had recently been in contact with officials in Norway to...

Tesla, Inc. (NASDAQ: TSLA) will miss the previously communicated delivery timeline for the much-awaited Model S Plaid, the EV maker's CEO Elon Musk revealed in a tweet. What Happened: Musk said the delivery of the Model S Plaid is being pushed to June 10, stating that it needs "one...

XPeng Inc. (NYSE: XPEV) shares were trading solidly higher Thursday after the Chinese electric vehicle manufacturer announced an agreement to build an additional manufacturing plant. What Happened: XPeng said it has entered into a cooperation agreement with the city of Wuhan in China's...