Tesla (TSLA) has likely already made over $600 million from its recent investment in Bitcoin due to a surge in value that followed the automaker’s move.
Tesla invests in Bitcoin
Last week, Tesla announced that it changed its investment policy to start adding cryptocurrency and gold to its holding.
Most notably, the company confirmed that it included a $1.5 billion investment in…
Tesla Model S refresh spotted with ‘regular’ steering wheel
February 18, 2021
A Tesla Model S with the 2021 refresh was spotted with a somewhat “regular” steering wheel, as it is rumored to potentially be an option.
Last month, Tesla officially unveiled the new Model S and Model X refresh. The update includes a new powertrain and a brand-new…
Yamaha trademarks new 125cc class electric scooter, revealing continued EV progress
February 17, 2021
No one can accuse of Yamaha of racing too quickly toward electrification of its two-wheeled lineup. But it appears the company might be slowly lifting its dragging feet after filing a new trademark for an electric scooter.
When we first covered Yamaha’s unveiling of the…
Ford announced today plans to invest $1 billion in transforming its Cologne, Germany, factory into its first electric vehicle factory and “center” in Europe.
Earlier this month, we reported on Ford announcing that it is doubling its planned electric vehicle investment to $22 billion through 2025.
We noted that the announcement was encouraging, but it lacked ways that Ford was planning to…
ElectraMeccanica chooses city for US plant, announcement to follow
February 17, 2021
Canadian EV manufacturer Electrameccanica recently announced a decision on the location of its first US-based assembly facility. The chosen location will also be the new home to the manufacturer’s engineering technical center. The facility will produce the three-wheeled…
Bill Gates launches his climate book (and backlash ensues)
February 17, 2021
Microsoft cofounder, philanthropist, and innovator Bill Gates just released his much anticipated book, How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need. He describes it, simply, as “a plan for eliminating greenhouse gas emissions.” And…
Quick Charge Podcast: February 16, 2021
February 17, 2021
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 Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
Solid-state battery maker QuantumScape has announced a plan to build a new pilot battery production factory in California.
QuantumScape
QuantumScape is a San Jose-based battery company founded 10 years ago by Jagdeep Singh, a computer scientist and co-founder of Infinera…
Hyundai reveals redesign to 2022 Kona Electric SUV
February 17, 2021
A press release from Hyundai USA has revealed a glimpse at its 2022 Kona Electric SUV, featuring a slight redesign. According to the automaker, these EVs will be available in the US some time this spring.
The Kona Electric first debuted in Korea and Europe in 2018, before…
Tesla competitors growing in China: NIO, Xpeng, and more
February 17, 2021
Tesla continues to grow in market value and most recently, in crypto currency. Being No. 1 puts an “x” on the American automaker’s back, but it also helps fuel a healthy pool of Tesla competitors, especially in China. Below are several of the big names making extensive gains in the Asian auto market. These companies are already challenging Tesla in China, and some may bring the competition…
