I believe that Elon Musk’s compensation package will haunt Tesla for years as lawsuits are already piling up. Everyone is pointing fingers at who they think is responsible for this situation. Here’s my take. We are less than two weeks away from Tesla’s annual shareholders meeting during which we will know the results of the
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Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. However, the hard part is doing so profitably. After China’s bet on EVs “paid off” so far, Ford wants to compete with the best, including BYD. Ford moves to affordable EVs Farley believes its next-gen EVs
Tesla has started to release a new software update that brings improvements to its adaptive headlights, games, and more. Today, Tesla announced the start of the rollout of its 2024.20 software update. The main new feature is the fact that the adaptive headlight feature for its vehicles equipped with matrix LED headlights will now be
Although several other Japanese automakers recently teamed up to develop new internal combustion engines (ICE), Nissan is standing by its commitment. Nissan said it will not invest in new gas or diesel-powered engines as the brand moves toward an electric future. Although Nissan was once seen as a leader in the EV revolution, the brand
Tesla is starting to officially sell the new Model 3 Performance in China and it is going to be interesting to see how the vehicle does in the market. Tesla launched the new, refreshed Model 3, sometimes referred to as Model 3 Highland, almost a year ago in China, but the automaker only unveiled the
If you’re seeing more electric Hyundai SUVs out and about, it’s not just you. Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. Hyundai IONIQ 5 is on a hot streak with record May sales After launching in the US in 2022, Hyundai’s first dedicated
Toyota is once again facing scrutiny under Chairman Akio Toyoda’s leadership, and two of the Japanese automaker’s largest shareholders have seen enough. Following a recent report of misconduct regarding inadequate vehicle verification testing amid a previous wave of certification violations, the descendant of Toyota’s original founder is on the hot seat. The woes continue for
With its first electric three-row SUV rolling out in the US, Kia just hit a new all-time monthly EV sales record in May. The EV sales growth led to Kia’s second-best-ever US sales month. Kia EV sales hit a new high in May as new EV9 rolls out After launching the EV9 in the US
The top-selling Hyundai EV is about to become even more attractive. Hyundai says the IONIQ 5 will be the first EV built at its new $7.6 billion EV and battery plant in Georgia, unlocking access to the $7,500 federal tax credit. After selling nearly 34,000 IONIQ 5 models last year (+48% YOY) in the US,
Photo: The National Guard via Creative Commons In a historic move, Vermont has become the first US state to pass a law that makes major fossil fuel companies financially responsible for climate change damages. What the Climate Superfund Act does S.259, “An act relating to climate change cost recovery,” or the Climate Superfund Act, aims
American automakers Ford and GM do not agree on where hybrids will be in the future. Ford’s CEO says hybrids should stop being talked about as “transitional,” while GM’s leader claims the tech is “not the end game” as it’s not zero-emission. Ford and GM take sides on hybrids vs EVs There’s a growing divide
Volkswagen added three new ID.3 trims, including a more sporty, a more powerful, and a lower-priced model. The small all-electric car has been updated with more tech, software, and spunk. The ID.3 was introduced to the world in 2019 as Volkswagen’s first fully electric vehicle based on the MEB platform. Last year, 140,800 ID.3 models
After the first EV9 rolled off the production line in Georgia this week, Kia made history with the first EV assembled from start to finish in the Peach State. Kia’s new three-row electric SUV is already making a big presence in the US. Meet Kia’s first electric three-row SUV Kia introduced the EV9 in March
The moment is finally here. Jeep officially revealed its first global EV, the Wagoneer S. Jeep’s premium electric SUV features over 300 miles range, a tech-loaded interior, and “lightning-quick” acceleration. The rugged SUV brand also unveiled a Trailhawk concept built to conquer any terrain. Check out the full details below. Meet the first Jeep EV,
According to a new report, Tesla is preparing to get Full Self-Driving (FSD) package approved in China – starting with employee vehicles. Last month, Tesla’s stock jumped on a report that the automaker was “granted approval under certain conditions” to deploy FSD in China. The report came after CEO Elon Musk met with Premier Li
For those of you waiting to get your hands on Volkswagen’s new all-electric ID.7 sedan, you will have to wait (at least) a little longer. VW is delaying the ID.7 launch in the US as dealers express caution. VW delays US-bound ID.7 as dealer concerns arise Volkswagen opened orders for its new flagship ID.7 electric
Nicki Minaj has spoken out following her arrest in the Netherlands, claiming she was treated differently because of her race. The Anaconda rapper was speaking to fans on the livestream platform Stationhead and spoke about the incident, which forced her to cancel a gig in Manchester just hours before she was due to perform. The
Tesla has successfully reassured a Delaware judge that its attempted incorporation move to Texas won’t affect Elon Musk’s CEO compensation case. In a new letter, Chancellor Kathaleen McCormick, the judge who canceled Elon Musk’s $55 billion compensation package after she concluded Tesla’s board misled investors, said that Tesla’s lawyers reassured her that the company won’t
Photo: Volkswagen Commercial Vehicles Volkswagen just shared the first design details of the seventh generation of BEV and PHEV Transporter van – here’s what we learned. The new Volkswagen Transporter – what the German automaker says is a “near-production concept vehicle” – is the latest iteration of VW’s Bulli family of vans that recall the
Another low-cost electric vehicle is headed to the US. According to Stellantis CEO Carlos Tavares, Jeep plans to launch a $25,000 EV in the US “very soon.” A $25,000 Jeep EV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week. Meanwhile, the rugged SUV brand
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