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Polestar, an all-electric car brand that spun out of Volvo, announced that it is going public through a SPAC. It becomes the latest of many electric car companies that have chosen to go that route over the last year. Over the last year, we have seen EV companies like Faraday Future, Lucid Motors, Canoo, and many others go public through SPAC deals. It resulted in billions in investments flowing…

In a new report revealing Tesla’s non-disclosure agreement with Full Self-Driving beta testers, we learn that the automaker tells them to be “selective” with what they share publicly and warns them that “a lot of people want Tesla to fail.” Last week, Galileo Russell, a Tesla investor who is part of the automaker’s early access program for Full Self-Driving Beta software, said…

We haven’t heard anything about the Tesla Cyberquad since it was unveiled, but it is apparently still alive as the automaker applied for a new trademark application for the electric ATV. When Tesla unveiled the Cybertruck in 2019, CEO Elon Musk had a little “one more thing” moment on stage when they brought the Tesla Cyberquad, an electric ATV, to show the payload capacity of…

Elon Musk announced that Tesla plans to start adding ~1,000 new Full Self-Driving Beta testers per day based on their “safety score” starting next week. Tesla’s plan for a “wider release” of its Full Self-Driving Beta, which was first supposed to come six months ago, has changed a lot in the last week. It went from a simple “download button” that would have allowed people who…