Entertainment

Screenshot Tesla has now disclosed that it is spending money to promote its shareholders vote to approve of Elon Musk’s $55 billion compensation package. Back in 2018, Tesla shareholders approved one of the biggest compensation plans of all-time: a $55 billion fully stock-based CEO compensation plan for Elon Musk. In January, a judge sided with lawyers

With losses piling up, Ford is cutting back on EV battery orders. According to sources, the move comes as Ford’s EV losses pile up, topping over $100,000 per electric car built in the first quarter. After announcing plans to delay around $12 billion in EV spending last year, Ford has continued to push back EV

Tesla is now offering heavily discounted 0.99% financing on Model Y for a limited time in an attempt to boost orders. For the past year, Tesla CEO Elon Musk has mostly blamed the company’s demand issues on high interest rates. Most people buy new vehicles with loans and the 5 to 7% interest rates are

Photo is licensed under CC-CC0 1.0 The US government is reportedly set to announce wider tariffs on several categories of Chinese goods, including various green products like solar panels and batteries, medical goods, and in particular an increase of tariffs on Chinese EVs from 25% to 100%. The rumors were first reported late Thursday that

Elon Musk says Tesla is going to spend over $500 million on expanding the Supercharger network this year after firing the entire charging team. It says a lot about the reason behind the firing. Last week, Elon Musk fired Tesla’s entire charging team amid broader layoffs at the company. We reported that the move resulted in Tesla backing

Donald Trump has reportedly told oil executives that he will end electric car incentives if they contribute $1 billion to his election campaign. The former president has been all over the place with his comments on electric vehicles. Most of the time, in his rallies, he has brought them up as a talking point to

The Tesla layoff saga continues, with a manager leaving the company after 7 years. But this time, the manager wasn’t laid off, but rather left on his own volition due to the effect that layoffs had on morale. It seems like every few days there’s another notice of new layoffs at Tesla. It started with

Ford Europe is reportedly flirting with the idea of adjusting its electrification strategy in the region as BEV sales have been slow to take off. Originally, the European arm of Ford Motor Company said it would only sell battery-electric models by 2030, but that commitment could soon change. Ford Europe has followed the lead of

Israel has made it into the Eurovision grand final, despite calls for the country’s entry to be banned from the contest due to the ongoing war in Gaza. Israel’s success in reaching the final stage of the show – which will take place on Saturday – comes against a backdrop of large protests across Malmo,

Tesla is planning to remove the steering wheel nag, which alerts drivers to apply torque on the steering wheel, with a new Supervised Full Self-Driving (FSD) update coming next week. Yesterday, we reported on CEO Elon Musk giving an outline of the upcoming FSD software updates. The CEO says that Tesla is preparing to launch

Elon Musk has given an update with an outline for Tesla’s upcoming Full Self-Driving (FSD) software updates. With FSD v12 and the upcoming launch of Tesla’s dedicated Robotaxi, there’s a lot of excitement around Tesla’s self-driving effort. Musk is again in the too-familiar position of predicting that the automaker is close to releasing a true

Tesla is reportedly being probed by the Department of Justice over whether its self-driving claims could constitute “securities or wire fraud.” Reuters is reporting based on three sources: U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities, three people familiar with the

Photo: Kari Nousiainen/Flickr Vermont today passed a bill that requires 100% renewable electricity across all the state’s utilities by 2035, and it’s expected to become law. H.289, “An act relating to the Renewable Energy Standard,” was passed in both the State House and Senate today with veto-proof majorities. If Governor Phil Scott (R-VT) vetoes it,

Kia has just posted some teaser images of its upcoming EV3 SUV – its latest all-electric model promising to be smaller, more affordable, and more “plant-based” than its current siblings in the “EV” portfolio. To mark the occasion, Kia has also shared the date and time for the global premiere of the new EV3, which

Tesla Semi is getting into the hands of two more big customers as the program finally appears to be ramping up. There’s no sugarcoating it. The Tesla Semi program has seen some fairly serious delays. It was first unveiled in 2017 and it was supposed to come to production in 2019. Instead, it came to

Tesla announced that it will be shutting down Gigafactory Berlin for four days, but it is unclear if it has to or if it wants to. Last quarter, Tesla had to shut down and reduce production at Gigafactory Berlin for very serious reasons. The former was due to an arson attack from so-called environmentalists, and

Tesla is finally going to release everything we always wanted to know about Autopilot and Full Self-Driving (FSD), but it’s because NHTSA is forcing the automaker to do it. Last month, NHTSA announced that it was opening a new investigation into Autopilot/FSD after not being satisfied with the recall that came out of its previous

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Photo: Cypress Creek Renewables A 208-megawatt (MW) solar farm with 80 megawatt hours (MWh) of storage has come online west of San Antonio, Texas. Solar + storage developers Cypress Creek Renewables brought Zier Solar + Storage online in Brackettville, Texas, on May 2, 2024. Zier can produce enough energy annually to power 41,600 homes. Cypress

Tesla has released a new video of a prototype of Optimus, its humanoid robot, and it created some controversy as some disagree about how impressive it is. Last month, Elon Musk gave an update on the timing for the rollout of Optimus. The CEO says that Optimus is already performing factory tasks inside its lab.