Tesla (TSLA) is still the most shorted stock out of all the US large-caps, and Elon Musk suspects that Bill Gates still has a large position against the company.
Shorts, people betting against the stock of a company, have long played a part in Tesla’s history on the stock market.
Throughout the years, Tesla was often topping the list of the most shorted stocks on the NASDAQ. As the automaker…
Amazon appears to be throwing in the towel for its ambitious electric cargo bike delivery in NYC, recently putting its large cargo e-bike depot up for lease after letting its fleet of e-bike vans sit idle on the roof.
Electric cargo bikes designed for package delivery have…
Tesla officially launches Powerwall 3, releases specs
September 13, 2023
Tesla has now officially launched Powerwall 3 on its website and released all the specs – other than the battery chemistry used.
Last week, we reported on Tesla starting Powerwall 3 installations in the US despite having yet to launch the product on its website…
Production of electric mini-trucks begins in Texas
September 13, 2023
AYRO, an electric mini-truck maker based in Round Rock, Texas, has just announced the start of production at its local factory. The company’s first vehicle, known as the AYRO Vanish, is an electric utility truck with a modular design intended for a wide range of urban uses.
The company has begun with low-rate initial production (LRIP), which is a limited manufacturing run intended to validate…
Stay prepared during any and all weather this season with backup power solution deals from BLUETTI
September 13, 2023
In late August, Hurricane Idalia touched down on the Gulf side of Florida, resulting in significant damage and power outages throughout the Southeast United States. Unfortunately, natural disasters like this have become all too common as a symptom of climate change, so…
Hyundai is developing a Tesla-like Giga Press to boost EV production and cut costs
September 13, 2023
Hyundai is taking a page from Tesla as it plans to model a new EV production method after its Giga Casting. The new process,”hypercasting,” can significantly cut costs while boosting output.
According to an exclusive report from the Korean newspaper Hankyung, Hyundai’s…
STL Airport taps Lightning eMotors for multiple electric shuttle buses and EV chargers
September 13, 2023
Electrification specialist Lightning eMotors continues to help electrify the commercial vehicle industry around the US, where all of its EVs are developed and assembled. Today, the company announced that the St. Louis Lambert International Airport (STL) has purchased several ZEV4 electric shuttle buses that will soon transport travelers between terminals.
Lightning eMotors ($ZEV) designs…
Quick Charge Podcast: September 12, 2023
September 13, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
IKEA is kicking off a solar car park push in the US
September 12, 2023
IKEA today announced that it’s adding solar car parks, more solar on store rooftops, and battery energy storage systems to seven of its US stores.
IKEA has been installing solar at its US stores for more than a decade. Its Paramus, New Jersey, store is the first of seven…
This hand-built electric car just crushed the world's fastest-accelerating EV record [video]
September 12, 2023
Swiss students just broke the Guinness World Record for the fastest accelerating EV in their hand-built electric car. The all-electric car crushed the previous record, running from 0 to 62 mph (0-100 km/h) in under a second.
Swiss students break Guinness EV acceleration record
Members of the Academic Motorsports Club Zurich (AMZ) from research university ETH Zurich and Lucerne University spent…
