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Tesla is back in the news again, this time for issuing a new voluntary recall for its Semi model. This isn’t a significant concern, though. It’s just a software update meant to fix a glitch with the side door warning system. Earlier this year, Tesla reportedly had its first Semi recall in March, linked to…
The tables are turning in the EV charging world as major car manufacturers General Motors and Ford have opened up to Tesla’s charging network. This move could set Elon Musk’s brainchild’s superchargers as the new industry standard. Tesla’s North American Charging Standard (NACS) is much more available and dependable than its competitor, the CCS network,…
The electric vehicle innovator, Rivian Automotive, is shifting gears by embracing a unique approach to sell off its surplus of R1T electric pickup trucks. In a bold move, the company is inviting potential buyers to visit its factory parking lot in Normal, Illinois for an in-person shopping experience. After commencing production in late 2021, Rivian…
RBC Capital Markets analysts predict a potential leap of over $150 billion in Tesla’s market value, spurred by the rising demand for robo-taxis. The self-driving taxi, which may drastically change society, could constitute over 70% of the electric vehicle titan’s future worth. Tom Narayan and his team at the Canadian bank have increased Tesla’s share…
In a remarkable turn of events, the US has claimed the second spot in the global electric vehicle (EV) market, trailing only behind China. Counterpoint reports that the first quarter of 2023 saw American EV sales leap a staggering 79 percent compared to the previous year, pushing the US ahead of Germany in EV adoption.…
In a surprising development, Stellantis, a key player in the global automobile industry, has ceased delivering exclusively gas-fueled vehicles to 14 U.S. states. The cars delivered will now exclusively be hybrids, but only if the customer orders them. This news was brought to light by Automotive News. The states affected are those that either adhere…
Stellantis, one of the world’s top auto manufacturers, is set to unveil its first affordable, European-made electric vehicle (EV) this October. The Citroën e-C3, designed with a 320-kilometer (200 mile) range and the ability to fast charge in under an hour, is expected to hit the roads in the second quarter of 2024. The announcement…
Morgan Stanley has done the math on Tesla’s plan to open its Supercharger network to other automakers, a move that could transform the electric vehicle maker into the future’s dominant “filling station.” The analysis takes into account Tesla’s unique combination of renewable energy, large-scale storage capabilities, and its groundbreaking Supercharger business. Analyst Adam Jonas and…
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