Tesla has disclosed that CEO Elon Musk sold around $6.5 billion worth of Tesla (TSLA) shares last week.
It’s a significant chunk of his Tesla stake, but the reason behind the sale is unknown as of now. A Twitter settlement maybe?
Update: Musk has commented on the sale, and we have added those comments to the end of this article.
Today, Tesla released a series of SEC filings on Tuesday evening…
Wing Bikes has now launched and begun deliveries of its latest electric bike model, the . As a step-through e-bike, the Freedom ST is designed to offer similar performance to what we’ve come to know from Wing Bikes, yet with a much more accessible frame design.
These…
Ford is reopening orders for existing reservation holders on its wildly popular F-150 Lightning EV truck – the new models will feature an upgraded standard range, new colors, and more. There are also some expected yet significant price increases.
Starting Thursday…
Jaguar Land Rover is another automaker investing heavily to gain market share with its EVs. The company is announcing that it’s opening a new testing facility for its advanced electric vehicles.
In Jaguar Land Rover’s latest push for EV market share, the company is announcing a new testing facility in Gaydon, UK. The automaker will use the new Electromagnetic Compatibility (EMC) lab to test…
Tesla Model 3 and Y become best-selling vehicles in California, pushing EVs to new record
August 9, 2022
Tesla Model 3 and Model Y have become the second-best and best-selling vehicles in California, helping electric vehicle sales reach a new record in the state.
California has long been a leader in the US when it comes to EV adoption.
There are many reasons for that: state…
Foxconn to manufacture electric tractors for Monarch at newly acquired Lordstown facility
August 9, 2022
Foxconn has signed its first contract manufacturing agreement since acquiring a Ohio facility from Lordstown Motors. In addition to building EVs for Lordstown and Fisker Inc., Foxconn will now also be manufacturing advanced, driver optional electric tractors and battery…
The US’s most extensive public fast charging network, EVgo, reported Q2 earnings today, reflecting strong growth on the heels of soaring EV demand.
EVgo operates over 850 fast charging locations across 30 states, making it the most prominent public fast charging network in the US. The company has been leading the charge for EV adoption by partnering with top automakers and providing charging…
Autonomy, an EV subscription service, has now officially placed its giant order for 23,000 electric vehicles from Tesla, GM, VW, Ford, Rivian, and more.
Last month, we reported on Autonomy, a California-based company offering simply subscriptions to electric vehicles…
San Francisco-headquartered Sunrun, the largest residential solar and battery storage installer in the US, has launched a new home electric vehicle (EV) charger.
Sunrun’s new home EV charger
Sunrun’s 40-amp Level 2 EV charger is compatible with all EV models. The…
Chinese automaker Great Wall taps Emil Frey to distribute its EVs in Europe, beginning with Germany
August 9, 2022
Chinese automaker Great Wall Motor has announced its next steps in previously laid out plans to expand EV sales to markets in Europe. Beginning with Germany, Great Wall has recruited the services of Emil Frey – the EU’s largest car dealer group to help distribute vehicles from the Ora and Wey marques.
Great Wall Motor (GWM) is the largest manufacturer of SUVs and pickups in China and was the…