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There are rumors of a Tesla Model Y coming with a range of 400 miles after the automaker filed for new versions of the electric SUV to be produced at Gigafactory Shanghai. The rumors are exaggerated. As we reported last week, Tesla filed with the Chinese government to produce five more versions of Model Y at Gigafactory Shanghai. A publication based in Australia, The Driven, published a report…

Rivian says that its R1T electric pickup is basically ready for production and it is now waiting for government approval to start deliveries. The R1T was supposed to be delivered earlier this summer, but Rivian has run into some production issues as is to be expected when launching a new vehicle program and especially from a new startup that hasn’t delivered a consumer vehicle before. The…

Tesla’s stock (TSLA) is rising significantly today after the market had more time to digest what happened at AI Day. The company is seen as being in the right position to “tackle the world’s hardest problems.” After Tesla held its AI Day, the market didn’t seem really impressed by the progress the company has made in developing AI software and hardware toward full self-driving…