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European charging network IONITY has announced a major investment of €700 million to expand its number of fast chargers across the continent. The ensemble joint venture between several major automakers will more than quadruple its current footprint from 1,500 fast chargers to 7,000 by 2025. IONITY is an ultra-fast charging network founded in Europe as a joint venture between household…

Tesla CEO Elon Musk has sold more Tesla (TSLA) stock this week, bringing the total he has now unloaded to about $10 billion. More sales are expected to come. Earlier this month, Musk said he would sell 10% of his stake in Tesla if a Twitter poll would agree, which it unsurprisingly did. The CEO framed the idea as pressure from the media and politicians about the rich not paying taxes on…

Tesla has started to send an ultimatum to buyers who keep delaying their deliveries as part of a new policy change in the evolving market. Sources familiar with the matter told Electrek that Tesla has decided to send an ultimatum to buyers who have been delaying their deliveries for long periods of time. Tesla is asking them to take delivery within a certain period of time, or the company will…