Elon Musk confirmed that Tesla is not working on its previously announced $25,000 electric car right now because it has “too much on its plate”.
At Tesla Battery Day in 2020, CEO Elon Musk announced that Tesla will be making a $25,000 electric car.
The CEO commented in the announcement:
Tesla will make a compelling $25,000 electric vehicle that is also fully autonomous.
He made it clear that…
Nissan teases retro styled Micra EV, solid-state batteries for Europe, €23 billion investment
January 27, 2022
Nissan plans to manufacture its all-new, all-electric successor to the compact Nissan Micra at the Renault ElectriCity center in France, where the retro-styled hatchback will serve to kick off the Renault Nissan Mitsubishi Alliance 2030 roadmap, its planned 23 billion Euro…
The Varla Pegasus is one of those rare electric scooters that strikes a nice balance between higher-than-average performance and a reasonable price tag. And having spent a couple weeks so far putting the scooter to the test, I can confirm that it has the right combination of…
Elon Musk: Tesla is prioritizing product development of Optimus humanoid robot in 2022
January 27, 2022
Elon Musk announced that Tesla is going to be shifting its product development to make Tesla Bot, a humanoid robot also known as Optimus, a priority in 2022.
This is quite a surprising change of strategy.
When Tesla Bot was announced, Musk presented the project as something Tesla could do by leveraging existing work and parts from the development of self-driving technology, and if they don’t…
Tesla (TSLA) releases Q4 2021 financial results: beat expectations with over $2 billion in profit
January 27, 2022
Tesla (TSLA) has released its financial results and shareholders letter for the fourth quarter of 2021, and consequently for its full-year 2021, after market close today.
We are updating this post with all the details from the financial results, shareholders’ letter, and…
Tesla unveils fleet of new ‘Tesla Semi’ electric trucks
January 27, 2022
Tesla has quietly unveiled a fleet of new ‘Tesla Semi’ electric trucks as part of its new financial result report.
Yet, there’s no word on the status of production and customer deliveries.
The situation around the Tesla Semi has been unclear over the last few…
Tesla confirms Model Y production started at Gigafactory Texas, now working on final certification
January 27, 2022
Tesla confirmed that Model Y production started at Gigafactory Texas late in 2021, and now the company is working on “final certification” for the new version of the electric SUV being built at the new factory.
It looks like Tesla didn’t actually miss its goal to start production at Gigafactory Texas by the end of 2021. The company confirmed its new Q4 2021 earnings report that it started…
Tesla delays Cybertruck production due to supply chain constraints; new timeline is vague
January 27, 2022
Tesla confirmed today that it is delaying the start of Cybertruck production as supply chain issues, especially the chip shortage, would limit volumes significantly. The new timeline is now quite vague.
When Tesla unveiled the Cybertruck back in 2019, Tesla said that the…
Rivian paused production earlier this month to hone its manufacturing processes, hoping to ramp up output to 200 EVs a week
January 27, 2022
American automaker Rivian reportedly halted its production lines in Illinois to fix some issues and streamline its manufacturing processes. After a difficult start to R1T production amidst COVID-19 and supply chain shortages, Rivian looks to hit higher output targets, aiming…
These are the latest big electric bike companies to pull in tens of millions in funding
January 27, 2022
It may be a new year, but many trends have stayed the course in the electric bicycle industry. Chief among them is a move we’re seeing where VCs and other investors have been tripping over each other to throw money at electric bike companies.
Just today we’ve learned of two more big name electric bicycle manufacturers touting tens of millions of dollars in investments.
The first is Cowboy, a…
