Elon Musk’s attorneys are in Delaware today, pleading with Judge Kathaleen McCormick to vacate her decision to invalidate the Tesla CEO’s $56 billion pay package that was ratified by shareholders this past June. In January, Judge McCormick said Musk’s $56 billion pay package was invalidated because she felt it was an “unfathomable sum.” The voided […]
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SpaceX aced its latest Starlink satellite launch, as it sent a Falcon 9 rocket from Kennedy Space Station last night. The launch last night sent 23 additional Starlink satellites to low Earth orbit, as the Starlink 10-6 mission made its way to space from Florida last night at 1:01 a.m. EDT. The Falcon 9 rocket […]
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Japanese automakers Nissan and Honda have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). This agreement is based on the memorandum of understanding (MOU) sig…
Tesla has filed a lawsuit against EVject, an aftermarket safety escape connector maker that’s received wide acclaim and appreciation from the electric vehicle community. In its complaint, Tesla claimed that the escape connector poses a high safety risk, and it has harmed Tesla’s brand. Tesla operates the most expansive electric vehicle charging network in North […]
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Bloomberg New Energy Finance expects EV sales to grow exponentially General Motors has criticized President Biden’s EV sales goals as unrealistic California aims to end the sale of most vehicles with an ICE by 2035 EVs could make up almost a third of U…
U.S. dealers heavily rely on after-sale services and products for revenue EV buyers are willing to see dealerships manage EV maintenance, for a subscription fee Study also found dealerships can still do more with EV education EVs have lower maintenance…
Tesla has started promoting a 1.99% APR financing offer for the Model 3 and Model Y in the United States. The incentive seems designed to encourage potential buyers to take delivery of a new Tesla by the end of the third quarter of 2024. Tesla announced the promotion on its official Tesla North America account […]
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An electric iteration of Mercedes’ compact sedan is just around the corner. On Friday, Autocar reported Mercedes-Benz CEO Ola Källenius said the Mercedes-Benz C-Class EV will arrive in two years. The electric sedan was confirmed during the automak…
Tesla has registered an insurance brokerage in China, hinting the company could be looking to expand this portion of its business into foreign markets as it continues to grow in the United States. Tesla registered the insurance brokerage, which is located in Beijing, on July 30 with a registered capital of 50 million yuan, or […]
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Chinese electric vehicle maker NIO outpaced XPeng in July electric vehicle deliveries, according to latest monthly sales reports. NIO delivered 20,498 vehicles in July 2024. The deliveries consisted of 11,964 premium smart electric SUVs, and 8,534 prem…
