Tesla sees explosive sales growth in UK, Spain, and Netherlands in June

After months of declining deliveries and market pressure, Tesla appears to be regaining its footing in Europe. Tesla saw a significant spike in electric vehicle registrations across several key markets in June, signaling renewed momentum for the EV maker. In countries like the UK, Spain, and the Netherlands, Tesla’s June sales surged significantly compared to … Read more

Ford CEO favors Waymo’s LiDAR approach over Tesla’s vision-only self-driving

Ford CEO Jim Farley shared some skepticism about Tesla’s camera-only approach to self-driving during a recent appearance at the Aspen Ideas Festival. When asked to compare Waymo and Tesla’s autonomous driving systems, Farley stated that Waymo’s LiDAR-based approach made “more sense,” citing safety, consumer trust, and the limitations of camera-based models. Waymo’s LiDAR vs. Tesla’s … Read more

JB Straubel’s Redwood launches energy business focused on second-life EV batteries

Redwood Materials, the battery recycling firm founded by Tesla co-founder JB Straubel, has launched a new venture called Redwood Energy. The business aims to repurpose used electric vehicle batteries into large-scale, low-cost energy storage systems. In a post on X, Redwood revealed that it has already deployed a 12 MW, 63 MWh microgrid powered entirely … Read more

Tesla gets $475 price target from Benchmark amid initial Robotaxi rollout

Venture capital firm Benchmark recently reiterated its “Buy” rating and raised its price target on Tesla stock (NASDAQ: TSLA) from $350 to $475 per share, citing the company’s initial Robotaxi service deployment as a sign of future growth potential. Benchmark analyst Mickey Legg praised the Robotaxi service pilot’s “controlled and safety-first approach,” adding that it … Read more