Tesla constantly works to make its products better, and the fertile mind of Elon Musk is constantly coming up with ideas for new products, new features and sometime even whole new companies. Furthermore, it sometimes seems that marketing-savvy Tesla shuffles things around just to keep its name in the headlines. All this makes the California… Read more »
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The monster that wouldn’t die—varied reactions to GM’s electric Hummer unveil
EV fans tend to be divided into two groups: Greenies and Car Guys, and reaction to GM’s upcoming Hummer EV has, unsurprisingly, been divided along those lines. Hummer good Most of the media is ecstatic over the new machine. Many are praising its “bad-ass” looks (GM says it wanted to make it look “less military”… Read more »
GM releases a little more info about its electric Hummer pickup
Love it or hate it, the electric Hummer is coming. GM recently released some more information about the battery-powered behemoth, including photos of the prototype vehicle being assembled, along with its battery pack. The Hummer EV will use GM’s new Ultium modular battery architecture, which is to be manufactured in a joint venture with Korean… Read more »
Tesla reports fourth consecutive quarter of profit, is now eligible to join S&P 500
Tesla can’t seem to take a wrong turn these days—the company announced a second-quarter profit that sent the stock price soaring, and cleared the way for the California carmaker to be added to the S&P 500 stock index. Tesla has now been profitable for a full year on a GAAP basis, which is one of… Read more »
Sandy Munro offers BMW i3 teardown report for $10
For many years, Munro & Associates has been performing teardowns—taking cars apart to find out what their components are, where they come from and how much they cost—and selling enormous, highly technical reports to automakers for five-figure prices, mostly unnoticed by anyone outside the auto industry. More recently, because of the huge interest in the… Read more »
Model Y: Tesla’s latest model is its most refined—and it continues to improve
Every Tesla model has arguably been a historic vehicle. The Roadster was the first EV to offer the performance and aesthetics that attract car buyers. Model S was the first mass-produced EV to deliver this combination, and Model X delivered it as an SUV. Model 3, the culmination of the company’s master plan, was the… Read more »
Rivian raises $2.5 billion in new funding
Investors are pouring money into EV companies—as shares in Tesla, Nio and newly public Nikola soar, Rivian, which has attracted loads of media attention for its planned electric pickup and SUV, has raised $2.5 billion in new funding in a round led by T. Rowe Price. The company has raised about $6 billion in funding… Read more »
Ford COO says electric F-150 pickup and Transit van will arrive mid-2022
Ford COO Jim Farley has announced that electric versions of the F-150 pickup and Ford Transit van will make it to market by mid-2022. He offered no further information about the vehicles. “We are No. 1 in the pickup and the van market in Western Europe and the US, and this is our chance,” Farley… Read more »
Tesla cuts prices on most models—bad news or good news?
Tesla has slashed prices for most of its lineup. Model 3 got a $2,000 price cut across all powertrain options, bringing the base price of the Standard Range Plus down to $37,990. There’s no word yet on whether the price of the “off-menu” $35,000 version has been cut. The price of the Chinese-made Model 3,… Read more »
Tesla says its new Terafactory will be producing Model Y by the end of this year
Tesla may have decided on the site of its anticipated Cybertruck plant, and it intends to waste no time. Electrek, citing “a reliable source familiar with the matter,” reports that the next Tesla Gigafactory (excuse me, make that “Terafactory”) will be built in the vicinity of Austin, Texas. (The AP is reporting that the list… Read more »