Tesla (TSLA) is trying to convince Cybertruck reservation holders to lease new Tesla vehicles now amid an important end-of-year delivery push.
When Tesla unveiled the Cybertruck last year, the automaker started taking reservations with $100 deposits.
The highly-anticipated electric pickup truck had a polarizing design, but Tesla still managed to accumulate over 650,000 reservations, according to…
In today’s Electrek Green Energy Brief (EGEB):
Alstom’s Coradia iLint has completed test operation in Austria and is ready for production.
A huge cash investment at Aurora Solar enables the growth of remote, accurate installations.
It’s #GivingTuesday — here are…
Elon Musk wants Tesla to focus on profits or warns that TSLA will fall like ‘soufflé under a sledgehammer’
December 2, 2020
In a new email to Tesla employees obtained by Electrek, CEO Elon Musk says that he wants the automaker to focus on profits and cost-saving.
If not, the CEO warns that Tesla’s stock (TSLA) could fall drastically.
Tesla’s stock is currently on an incredible rise…
Ford upgrades Mustang Mach-E top performance with impressive 0-60 mph in 3.5 seconds
December 2, 2020
Ford announced today that Mustang Mach-E GT Performance Edition will accelerate from 0 to 60 mph in just 3.5 seconds.
It makes the Mach-E a true performance vehicle.
For years, Ford said that it was planning for its first all-electric car to be a small SUV/crossover, but it surprised many when it announced that the vehicle would be a Mustang.
Some were angry that Ford would bring an SUV to the…
Elon Musk: Tesla (TSLA) is open to merging with other automakers after valuation surge to record high
December 2, 2020
Elon Musk made a new comment about being open to discuss a merger between Tesla and other automakers.
The comment is interesting in the context that Tesla is now the world’s most valuable automaker by a wide margin, and the industry is in the middle of an extremely…
Lucid completes factory construction, aims to ramp up to 400,000 electric cars per year
December 1, 2020
Lucid Motor announced that it completed the first phase of construction at its EV factory in Arizona.
Eventually, they plan to produce up to 400,000 electric cars per year at the facility after future expansions.
The electric car startup impressed many earlier this year…
The RevoNEX and its impending production has been the subject of much speculation over the last few months. Now the latest news suggests that the bike will be produced not in KYMCO’s native Taiwan, but rather in Italy.
KYMCO RevoNEX production in Italy
KYMCO’s first production electric motorcycle will be the RevoNEX, a bike that was first unveiled at the 2019 EICMA Milan Motorcycle Show.
I…
Herbert Diess, the head of the Volkswagen group, has released a blog post discussing his effort to reform the giant automaker, including revealing ‘Mission T’, his plan to “catch up with Tesla”.
It comes as the executive forced a vote of confidence over his…
As if mountain bikes weren’t already versatile enough, a new DIY conversion kit known as the Envo can turn a mountain bike into an electric snowmobile.
It’s not like electric snow bikes aren’t already a thing – there are plenty of powerful and well-equipped…
Tesla Gigafactory Texas in Austin is starting to take shape with construction ramping up on both sides of the first section of the construction site.
In May 2020, Electrek exclusively reported that Tesla’s next factory is going to be in Austin.
At the time, a source said that Tesla planned to move fast, with hopes to have a general assembly line for Model Y in Texas by the end of the…