Tesla (TSLA) announced today that it is moving forward with its 3-for-1 stock split and the stock dividend is coming on August 24.
Yesterday, Tesla shareholders voted on a proposed 3-for-1 stock split and approved it with a strong majority (over 815 million shares for and just 9 million shares against).
Today, Tesla’s board issued a press release to announce that the stock split will stake…
Tesla revealed that Model Y is on track to be the world’s highest-selling car by revenue this year, and it will likely be the best-selling vehicle by total volume next year.
It’s already the world’s best-selling electric car.
People often like to poke fun at Tesla…
Just a couple weeks after first teasing the public with shadowy images of its second EV model, Zeekr has shared several more images of its luxury multi-purpose vehicle (MPV). While many here in the states would call this a glorified minivan, the ZEEKR 009 will join a growing…
The Electrek Review: BMW i4 eDrive40 is low effort but still highly enjoyable experience
August 5, 2022
The BMW i4 eDrive40 delivered to my door by BMW looks almost indiscernible from a 4-series internal combustion engine vehicle. It even has what appear to be exhaust pipes out the back.
I imagine the pitch for this car in some Bavarian BMW corporate office was something like:
Look, Tesla is eating our lunch, let’s please just make an EV version of the 4 series to take on the Model 3. It will…
Commercial EV maker Lion Electric released its Q2 2022 earnings results today, showing another strong performance as demand grows for commercial EVs. Lion Electric is carving out a profitable market with a record number of vehicle deliveries and a growing line-up.
With…
Arrival (ARVL) to reportedly shelve Bus and Uber Car to cut costs and prioritize Van deliveries
August 5, 2022
Recent news out of London affirms previous statements from UK-based EV start-up Arrival – which has said it plans to cut at least one-third of its costs amid waning cash flow in order to get production of its electric Van over the starting line. The company aims to begin…
Tesla Cybertruck reservation holders got a minor update on the upcoming electric truck at Tesla’s annual shareholder’s meeting. CEO Elon Musk confirmed that it is going to have a higher price than previously announced, and that production equipment is about to be installed.
When Tesla unveiled the Cybertruck back in 2019, Tesla said that the electric pickup truck would make it to market by…
Alabama believes it can become an EV hub – here’s why
August 5, 2022
Alabama officials are gearing up for one of the biggest transformations in the state’s history. With every automaker in the state planning to release an electric model, Alabama believes it can become the next EV hub.
In 2021, battery electric vehicles (EVs) registered in…
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. This week, we discussed Tesla’s Cyber Roundup annual meeting, a concerning Jaguar I-Pace fire, our BMW i4 review, and more.
The show is live every…
The Inflation Reduction Act (IRA), a now fully supported Democratic bill that addresses climate change and contains wind and solar spending, is expected to be introduced tomorrow in the US Senate. Here’s what its potential impact is, should it become law.
Princeton University yesterday released a Rapid Energy Policy Evaluation and Analysis Toolkit (REPEAT) in collaboration with Dartmouth…
