Tesla makes the cut on California’s newest EV Rebate program

California Governor Gavin Newsom signed SB 168 into law on Monday, July 13, 2026, creating a $270 million EV rebate program that delivers money directly at the dealership rather than as a tax credit applied months later. The program, called MyFirstEV, is funded equally by California’s state budget and participating automakers, with each contributing $135.5 … Read more

Lucid denies rumors of bankruptcy after over 40% stock drop

Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours. Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, … Read more

Elon Musk Confirms 3 NEW Teslas Models For 2026

Elon Musk Confirms 3 NEW Teslas Models For 2026

In a recent discussion with CFRA analyst Garrett Nelson, Tesla’s ambitious plans for 2026 were unveiled, highlighting the company’s cutting-edge innovation. The upcoming releases of the Tesla Model 2 Redwood, Model Y Opal, and the Tiny House are poised to disrupt the automotive and housing industries. Tesla is not just refining its existing models but … Read more