News

Nikola’s deal with GM shows off a new way to get electric vehicles to market — and it’s completely different from how Tesla operates

Tesla entered the public markets through a traditional IPO in 2010, then spent a decade struggling to build and sell vehicles. New startups such as Nikola and Fisker have moved faster, raising far more money through “blank-check” offerings and joining with established manufacturers to build vehicles. Nikola recently announced a […]
Nikola’s deal with GM shows off a new way to get electric vehicles to market — and it’s completely different from how Tesla operates
News

Rivian says its electric pickup truck and SUV will both have interiors that rival Bentley, Lamborghini, and Lincoln

Rivian wants to create world-class vehicles that have interiors rivaling Lamborghini, Bentley, Lincoln, and Audi, a company exec told WardsAuto. The company’s director of crafted quality, Richard Vaughan, said that Rivian is “benchmarking the greatest.” The R1T and R1S will officially debut in 2021. Visit Business Insider’s homepage for more […]
Rivian says its electric pickup truck and SUV will both have interiors that rival Bentley, Lamborghini, and Lincoln
Markets

Tesla leaps 7% after 5-for-1 stock split makes shares more affordable

Tesla stock rallied as much as 7% in early Wednesday trading after the company revealed a five-for-one stock split scheduled for August 28. Every Tesla shareholder will receive four additional shares that, when added to their existing share, will equal the stock’s pre-split value. The split itself won’t change Tesla’s […]
Tesla leaps 7% after 5-for-1 stock split makes shares more affordable
Tech

Elon Musk said Tesla wouldn’t exist without a little-known electric convertible called the tZero. Here’s how the prototype car led to the formation of Tesla and paved the way for electric vehicles.

Back in 2003, Elon Musk test drove a tiny, yellow electric car called a tZero. While Musk didn’t know it then, the tZero would directly lead to him becoming CEO of Tesla. Musk was impressed with the car and lobbied unsuccessfully to get the leaders of the company that made […]
Elon Musk said Tesla wouldn’t exist without a little-known electric convertible called the tZero. Here’s how the prototype car led to the formation of Tesla and paved the way for electric vehicles.
Markets

Tesla shares surge 9% to record high after 2nd-quarter deliveries beat estimates

Tesla shares continued their winning streak on Thursday after the company announced second quarter delivery figures that beat analyst estimates. Tesla delivered 90,650 vehicles in the quarter, versus analyst estimates for 83,000. The company’s production levels were down 20% due to COVID-19 halting production at its Fremont factory. Production at […]
Tesla shares surge 9% to record high after 2nd-quarter deliveries beat estimates
News

A Tesla EV-charging rival just completed its first cross-country recharge station network, setting up non-Tesla electric-car owners to drive across the US

Electrify America has completed its first coast-to-coast route of charging stations, the company announced on Wednesday. The route stretches 2,700 miles from Washington, DC, to Los Angeles, and has charging points at roughly 70-mile intervals. The company aims to finish its second cross-country route, which will run from Jacksonville, Florida, […]
A Tesla EV-charging rival just completed its first cross-country recharge station network, setting up non-Tesla electric-car owners to drive across the US
News

Why China Loves Tesla

Despite being a California-based company, it’s China where Tesla seems to have found its biggest fans. The company’s Chinese sales continue to skyrocket with its Shanghai factory now operational Between the money China stands to make off the new Gigafactory and the boost Tesla could give the country’s struggling car […]
Why China Loves Tesla
News

How Volkswagen plans to outsell Tesla

While Tesla is by far the top-selling electric vehicle company, it may not be for long if European car conglomerate Volkswagen has anything to do with it. The world’s second best-selling automaker has set it’s sights on becoming a major name in the EV game, investing $US37 billion in its […]
How Volkswagen plans to outsell Tesla
News

Tesla’s electric cars require far less maintenance than gas-powered vehicles. Here are all the differences between them.

Traditional cars come with elaborate maintenance schedules that require owners to develop a close relationship with dealers and mechanics. Tesla vehicles are mechanically simpler than gas-powered cars. As a result, they require less attention. Tesla also routinely improves its vehicles using over-the-air software updates. Still, there are some areas of […]
Tesla’s electric cars require far less maintenance than gas-powered vehicles. Here are all the differences between them.
News

Electric cars and self-driving tech have gotten off to a slow start but companies like Tesla, GM, and Waymo are betting that’s about to change in a big way.

The automotive industry is beginning a period of great change, from gas-powered, human-driven vehicles, to electric, computer-operated ones. That transition took its first steps during the past decade, and is set to accelerate over the next 10 years. During the 2010s, some companies and analysts expressed optimism about the potential […]
Electric cars and self-driving tech have gotten off to a slow start but companies like Tesla, GM, and Waymo are betting that’s about to change in a big way.
News

The multitrillion-dollar global automotive industry is changing, but not the way you might expect. Here’s how that change is unfolding.

“Disruption” has become the buzzword of buzzwords in the transportation industry. But the supposed disruption isn’t true disruption at all – it doesn’t fit into Clayton Christensen’s theory of disruptive innovation, as explored in his book “The Innovator’s Dilemma.” Nonetheless, automakers are actually disrupting themselves from within. The “disruption within” […]
The multitrillion-dollar global automotive industry is changing, but not the way you might expect. Here’s how that change is unfolding.
News

Lotus is about to begin production on its all-electric, $2.2 million Evija supercar, which will have the power of three Lamborghini Huracans — here’s a closer look

British manufacturer Lotus announced on Wednesday that it’s preparing a new manufacturing facility to build its new, all-electric Evija supercar. The Evija – both Lotus’s first supercar and its first electric car – will offer close to 2,000 horsepower, 1,254 foot-pounds of torque, and a top speed of more than […]
Lotus is about to begin production on its all-electric, $2.2 million Evija supercar, which will have the power of three Lamborghini Huracans — here’s a closer look
Tech

Elon Musk dings Bill Gates, and says their conversations were underwhelming, after the Microsoft billionaire buys an electric Porsche

Elon Musk took a shot at the Microsoft billionaire Bill Gates on Twitter, tweeting that his conversations with Gates had been “underwhelming.” Musk’s remarks on Tuesday came after Gates gave an interview saying he had bought a Porsche Taycan. Starting at $US103,800, the Porsche Taycan is Porsche’s first all-electric vehicle […]
Elon Musk dings Bill Gates, and says their conversations were underwhelming, after the Microsoft billionaire buys an electric Porsche
News

How the man who challenged Tesla went bankrupt

Faraday Future, an electric-vehicle company based in California, generated a lot of buzz when it poached top talent from companies like Tesla, BMW, Audi, Ford, and Ferrari. The ambitious company was cofounded and largely financed by Jia Yueting, a millionaire mogul who owns a multibillion-dollar media conglomerate in China. In […]
How the man who challenged Tesla went bankrupt
News

These were the biggest automotive stories of the 2010s

The 2010s were among the most eventful decades since the invention of the automobile in the late 1900s. From Tesla’s rise to the advent of self-driving vehicles, from Dieselgate to an historic GM strike and the arrival of Uber, the decade was action-packed and defined by big personalities and crazy […]
These were the biggest automotive stories of the 2010s
Tech

People have been ridiculing Tesla’s new Cybertruck for its unusual design — but some big names in Silicon Valley say they love the pickup

Tesla’s new Cybertruck drew criticism following its unveiling last Thursday, but several prominent figures in the technology industry have come forward in praise of the company’s first pickup truck. Executives from Twitter and Facebook, as well as a longtime former Microsoft executive, all had positive things to say about the […]
People have been ridiculing Tesla’s new Cybertruck for its unusual design — but some big names in Silicon Valley say they love the pickup