Rivian startup spinoff raises $105M in funding for micro EV production

Rivian’s skunkworks program has turned into a full-blown startup called Also. The new startup, which is separate from Rivian, raised $105 million from Eclipse Ventures. Also will focus on micromobility or the development of micro electric vehicles. Also started within Rivian, aiming to figure out if the electric vehicle company’s technology could be condensed to … Read more

Tesla UK celebrates momentous delivery milestone

Tesla recently delivered its 250,000th electric vehicle (EV) in the United Kingdom (UK). The American EV maker delivered its 200,000th car in the UK on March 28, 2024. The 250,00th Tesla vehicle delivered in the UK was handed over to the Cotters, a small family of four with two children. The Cotters received a Tesla … Read more

Starlink gets green light to launch internet services in Vietnam

Starlink received the green light to launch its internet services in Vietnam. The Vietnamese government noted SpaceX’s permission to launch Starlink services in the country is on a trial basis. Starlink’s trial period will last until the end of 2030. SpaceX has a subscriber limit of 600,000 within the trial period. SpaceX can provide Starlink’s … Read more

Financial Times retracts report on Tesla’s alleged shady accounting

The Financial Times has issued a retraction for an article it recently published that accused the electric vehicle maker of shady accounting practices. The FT’s retraction has been appreciated by the electric vehicle community in social media, though many highlighted the fact that the publication’s initial erroneous allegations have already been spread across numerous other … Read more

Tesla CEO Elon Musk’s simple message to vandals

Tesla CEO Elon Musk had a simple and straightforward message to the vandals who continue to damage cars, showrooms, and Superchargers that the company and its owners utilize during an All-Hands meeting last week. For the first time, Tesla and Musk broadcasted on X an All-Hands meeting the company held with its employees. It seemed … Read more

Tesla Superchargers open to Hyundai’s EVs in the U.S.

Tesla’s Superchargers are now officially open to Hyundai’s electric vehicles (EVs) across the U.S., adding to the wave of auto brands that can now charge on the once-exclusive network. In a press release on Tuesday, Hyundai announced that owners of the Kona electric, Ioniq hatchback, Ioniq 5, Ioniq 5 N, and Ioniq 6, can charge … Read more

Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The investment firm sees an optimistic future for Tesla in the long term despite near-term headwinds. Canaccord analysts reiterated its “Buy” rating for TSLA stock and revised Tesla’s Q1 2025 delivery estimates from ~331,000 vehicles to ~362,000 units. The … Read more

Multiple explosives found at Tesla showroom in Austin, Texas

Multiple incendiary devices were discovered inside a Tesla showroom in Austin, Texas on Monday morning, police have stated. The disturbing incident follows a series of vandalism and arson cases linked to Tesla facilities and vehicles, which have since prompted federal and local investigations. Devices Found After Anonymous Tip Austin Police Department officers responded to the … Read more

Tesla launching in Saudi Arabia

Tesla is officially launching in Saudi Arabia. The electric vehicle manufacturer is arriving in Saudi Arabia with a launch event at the Bujairi Terrace on April 10, 2025. “Explore our global bestselling lineup and step into a world powered by solar energy, sustained by batteries, and driven by electric vehicles. “Experience the future of autonomous … Read more