Tesla (TSLA) confirmed that it is increasing its planned capital spending to $10 billion this year as it tries to achieve its next growth phase.
Lately, Tesla has described itself as being “between two major growth waves”. The first wave was the ramp-up of Model 3 and Model Y production, which appears to be now plateauing.
The second wave is expected to be the ramp-up of its next-generation…
The port cartage and drayage specialists at Coyote Container successfully completed a 400-mile delivery in a Nikola Tre semi truck powered by a hydrogen fuel cell.
William Hall, Managing Member and Founder of Coyote Container, drove the hydrogen Nikola over the hilly…
Tesla chair prepares to sell up to $50 million in stock
January 30, 2024
Tesla’s chairwoman, Robyn Denholm, has signed a new contract with the company to prepare to sell up to $50 million worth of TSLA stock.
Denholm is an Australian businesswoman who has long been the head of Tesla’s board of directors.
She came to the role after CEO Elon…
Hyundai dealerships are modernizing as the brand looks to build upon its growth in the EV market this year. Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.”
Hyundai’s IONIQ 5 is a top-selling EV
“If I had to describe Hyundai right now in two words, it would be growth…
Canadian grocery chain Loblaw announced that its doubled the size of its fleet of zero-emission semi trucks by deploying 10 new, battery-electric Freightliner eCascadia Class 8 trucks in Vancouver.
The new Freightliner eCascadia electric semi trucks were initially delivered…
Tesla is taking up a fight to defend Elon Musk’s tweet that threatened to remove employee stock options if they decide to unionize all the way to the Fifth Circuit court of appeal.
This is coming out of an old fight dating back to the UAW’s last unsuccessful push to…
Two US environmental agencies say they will start using AI to better monitor the impact of offshore wind farms on marine animals, particularly endangered North American right whales, of which there are only about 360 left in the world.
The US Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration (NOAA) announced their new joint strategy to protect the…
Apple veteran DJ Novotney is departing the company for a new role at Rivian, according to a report from Bloomberg. Novotney, a vice president of hardware engineering, has spent almost 25 years at Apple and worked across multiple generations of the iPod, the iPhone, the Apple…
Quick Charge Podcast: January 27, 2024
January 29, 2024
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…
Tesla’s next-gen electric cars, including the long-awaited “$25,000 model”, are coming in 2025, according to a new report based on sources from the automaker’s supply chain.
With a plan to build 20 million vehicles per year by the end of the decade, Tesla is going to need to expand its vehicle lineup quickly. It needs not only new vehicles in the lineup but also cheaper vehicles.
For a few…
