Tesla’s stock (TSLA) is up more than 50% over the last month in one of the company’s best runs in value ever.
Here’s an idea of why Tesla’s stock is gaining momentum.
Macroeconomics has a big impact on large stocks, like Tesla, and improvements on that front have helped the automaker, but the NASDAQ is up 10% while Tesla’s up 51% over the last 30 days.
A string of good news seems to have…
Specialized’s super lightweight electric mountain bike isn’t for you; it’s for your kids. The premium bicycle manufacturer’s newest model, the Levo SL Kids, is a slightly smaller version of its popular Levo SL electric mountain bike. It comes with a reduced frame…
Toyota claims solid-state EV battery tech breakthrough could offer +900 miles driving range
June 13, 2023
At a recently held technical briefing, Toyota revealed plans for several new technologies, including next-gen EV batteries, aerodynamic drag reduction, and manufacturing upgrades to help transform the company in the electric era. After discovering a breakthrough, Toyota says…
An electric truck charging depot that can charge up to 96 trucks at once will service fleets moving cargo to and from the Port of Oakland.
Zero-emission truck solutions provider Forum Mobility has been approved to receive $4.5 million in financing from East Bay Community Energy (EBCE), the local energy provider for Alameda County and the City of Tracy, California, to develop the Greenville…
TELO is a new electric truck startup based in Silicon Valley that aims to provide an electric truck with the capabilities of today’s full-size pickup trucks, but in a right-sized package that actually fits in a city.
TELO is a startup cofounded by Jason Marks, who led…
Oracle founder Larry Ellison confirms new gen AI service with Cohere during earnings call
June 13, 2023
Oracle Corp., the software giant known for its database technology, is joining the chorus of enterprise cloud vendors betting big on generative AI services.
On Monday, the company revealed that it was developing a new cloud service with Cohere, a Toronto-based startup that…
ServiceNow unveils Now Assist for Virtual Agent, a generative AI solution for self-service
June 13, 2023
ServiceNow today announced its latest generative AI solution, Now Assist for Virtual Agent, with the aim of revolutionizing self-service by offering intelligent and relevant conversational experiences. The new capability expands on ServiceNow’s strategy of integrating generative AI capabilities into its Now Platform, which helps customers to streamline digital workflows and optimize…
Defense Secretary Lloyd Austin has recommended to the president that Adm. Samuel Paparo, the commander of U.S. Pacific Fleet, become the Navy’s 33rd chief of naval operations.
NBC News first reported Monday that Paparo’s name was sent to the White House last week.
Two…
Quick Charge Podcast: June 12, 2023
June 13, 2023
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…
The iconic Volkswagen Bug may live on in the electric era after all. On Monday, Volkswagen revealed a new digital electric Beetle concept for an upcoming animated film set to hit theaters and Netflix next month. The question is, will it come alive?
Will Volkswagen revive the Beetle in the electric era?
Volkswagen’s Beetle attracted over 23 million people globally. However, after slowing sales…
