Elon Musk’s Wealth Skyrockets by $30 Billion in a Day as Tesla Shares Explode—Is There Any Stopping the World’s Richest Man? Elon Musk’s fortune just experienced a jaw-dropping leap, swelling by over $30 billion in a single day, thanks to a meteoric 22% surge in Tesla’s stock price. This financial windfall, driven by Tesla’s stellar […]
Tesla Soars: Stock Rockets 18% After Stellar Earnings Report In an electrifying turn of events, Tesla's stock has surged a staggering 18%, igniting a wave of enthusiasm among investors and propelling the company further into the spotlight. This monumental leap follows the release of the automaker's latest earnings report, which showcased a record-breaking profit that […]
Ford’s CEO Praises Xiaomi’s SU7: A Game-Changer in the Automotive World? While Xiaomi doesn’t currently sell cars in the United States, Ford CEO Jim Farley’s recent admiration for the Xiaomi SU7 has certainly turned heads in the automotive industry. His endorsement highlights a growing recognition of the impressive capabilities of this new contender, which boasts […]
Cybertruck’s 'Bulletproof' Hype Faces the Ultimate Challenge as Adult Film Star Dante Colle Shoots to Thrill – and Test Tesla’s $100K Wonder The Cybertruck's release has been riddled with controversy and curiosity, but nothing was quite as wild as Dante Colle’s own take on its “bulletproof” prowess. In a gripping viral video, Colle, the adult […]
In the early 2000s, Elon Musk co-founded Tesla “to accelerate the advent of sustainable transport by bringing compelling mass-market electric cars to market as soon as possible." Fast-forward to 2021, and the company's earnings sat at a mighty $53.82 billion, with its CEO’s net wealth currently at approximately $262.9 billion. For many years now, Tesla […]
Elon Musk has shared a dose of bad news for his electric vehicle company Tesla, explaining that its new factories in Germany and the United States are losing billions of dollars due to battery shortages and supply disruptions in China. Musk referred to Tesla’s Berlin and Austin, Texas plants as “gigantic money furnaces.” "Both Berlin […]
On Thursday, Ferrari CEO Benedetto Vigna confirmed the luxury carmaker’s plan to launch its first electric model in 2025. Vigna said that the company expects full-electric cars to make up 5% of sales in 2025 and 40% by 2030. He said Ferrari would develop and build its own electric motors, inverters, and battery modules. With […]
Luxury carmaker Bentley has announced its first fully electric vehicle will be produced at its factory in Crewe, England. The battery-powered electric vehicle (BEV) is set to roll off the production line in three years. Bentley reported it is investing £2.5 billion in sustainability over the next decade, involving the complete transformation of its Crewe […]
The journey across Michigan was the first road test of the Gemini battery, developed by Detroit-based startup Our Next Energy (ONE), and achieved almost double the typical range that a standard Tesla Model S is capable of meeting. According to ONE founder and CEO Mujeeb Ijaz, the results of the first road test “set a […]
Elon Musk’s electric vehicle company Tesla said it delivered 308,600 electric vehicles in the fourth quarter of 2021, trumping its previous single-quarter record of 241,300 vehicles delivered in the third quarter of 2021. Throughout the entire year, Tesla delivered 936,172 vehicles, an 87% increase from 2020. According to FactSet, Wall Street analysts had expected Tesla […]
The charging concept, located in Nuremberg, Germany, is part of a pilot programme aimed at making life simpler for EV owners living in urban areas, particularly for those who don’t have access to a supercharger at home. “We want to use it to test flexible and premium-oriented quick-charging infrastructure in urban space,” says Ralph Hollmig, […]
Australian Syrah Resources Ltd will supply Elon Musk’s electric vehicle company with graphite anode material over an initial four-year period, with an option to buy additional volumes subject to further expansion of Syrah’s plant in Vidalia, Louisiana. The Vidalia facility is planned to process graphite from Mozambique to become the first source of graphite anodes […]
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