Tesla’s loss in market capitalization equals almost the entire legacy auto industry combined – one of the most significant losses in value of all time. In 2020, Tesla became the most valuable automaker in the world. The company quickly blew past that and eventually reached a valuation of over $1 trillion. But that was last
Electric Cars
Volkswagen confirmed today that a new member of its all-electric family will be introduced at the upcoming 2023 Consumer Electronics Show (CES) in early January. The German manufacturer did not reveal any details, teasers, or even the name of the car yet (it will be announced at the show). The only thing that we know
By Simon Alvarez Posted on December 26, 2022 Tesla China has shared a response addressing the reported shutdown of Gigafactory Shanghai’s production. The EV maker’s comments came amidst mainstream media reports claiming that Giga Shanghai has suspended production since Saturday. Over the weekend, Reuters noted that Gigafactory Shanghai had canceled its morning shift. The publication also claimed
Heating and cooling equipment multinational Johnson Controls has developed an air source heat pump prototype that can operate in temperatures below -20F (-29C) as part of the US Department of Energy’s (DOE) Residential Cold Climate Heat Pump Challenge. DOE launched this challenge because, according to the program’s fact sheet, “additional efforts are needed to address
Tesla announced this week that the Kato Road pilot battery facility in Fremont, California achieved a new production milestone. According to the company’s tweet, the team managed to produce roughly 868,000 4680-type cylindrical lithium-ion battery cells during the last 7 days. Tesla added also a reference that such a number is enough for more than
By William Johnson Posted on December 23, 2022 Porsche has upgraded the Porsche Taycan’s onboard charger and has cut its charging time in half. While the Porsche Taycan has grown its notoriety for being the EV for more traditional performance enthusiasts, its battery specs have lagged behind competitors like Tesla and Lucid. Most notably, the
They say that necessity is the mother of invention. And one Canadian man had a serious need for Vietnamese takeout. But since the bike paths hadn’t been plowed, he turned his e-bike into a DIY snow plow using leftover parts to go get his fix. His evening ride for Vietnamese food went viral and made
The BYD Atto 3, a C-segment crossover/SUV, which in China is known as the BYD Yuan Plus, is one of the hottest BEVs on the market right now. In November, it noted nearly 30,000 sales. It’s already available in several countries, including Australia, and soon is expected to be sold also in Europe and in
By Johnna Crider Posted on December 23, 2022 California passed a new law banning Tesla from calling its software Full Self-Driving (FSD). Although Tesla has never claimed that FSD was fully autonomous, the electric–maker is developing the technology for fully autonomous vehicles. Until its vehicles are fully autonomous, drivers must be alert and ready to
The US Department of Energy (DOE) announced this week that it wants to significantly raise the minimum common lightbulb efficiency level from 45 lumens per watt to over 120 lumens per watt. The DOE previously banned incandescent bulbs from 2023, and this new rule will accelerate the transition away from compact fluorescent bulbs as well toward LED
This article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles. We find the company’s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of
By Johnna Crider Posted on December 22, 2022 Tesla launched a Cybertruck-inspired Wireless Charging Platform for your mobile devices. Although this might make a great last-minute gift for Tesla owners and fans, it doesn’t ship out until February 2023–so more in line with Valentine’s Day. Tesla noted that the design was “inspired by the angular
Tesla is now offering a $5,000 CAD/$74,750 MXN credit on Model 3 and Model Y vehicles purchased in Canada and Mexico before the end of this year. It’s a rare instance of Tesla offering discounts, and could be a sign of softening demand in North America. The move comes just after Tesla increased the year-end
It’s a simple fact that electric vehicles don’t go quite as far per charge in colder temperatures as they do when it’s warm outside. The Ford F-150 Lightning is no exception, but as with all EVs, there are ways to combat winter range loss. Ford recently published its winter driving recommendations for F-150 Lightning owners
By Johnna Crider Posted on December 20, 2022 Ukraine will receive over 10,000 Starlink antennas to help counter Russian air attacks, said Mykhailo Fedorov, deputy prime minister and minister for digital transformation, in an interview with Bloomberg. Fedorov said that he has spoken with Elon Musk directly and that SpaceX and its CEO “quickly react
Electric motorcycles were once a rarity in the two-wheeler industry. But these days there are so many new models from a wide range of manufacturers that you’d have to go out of your way to avoid them. Fortunately for those in favor of progress, we actively seek them out. And these are the electric motorcycle
In a bid to make the Lucid Air Grand Touring more competitive as the company strives to increase the number of deliveries before the end of the year, Lucid Motors has announced a change in the trim level’s offer structure. The EV startup has lowered the Air Grand Touring’s price to $138,000 (excluding $1,650 destination)
By Johnna Crider Posted on December 18, 2022 Tesla Giga Berlin crossed another production milestone with 3,000 Model Ys produced this week. Tesla shared the news of its achievement on Twitter with a photo of production workers and a few Model Ys in the background. The achievements follow the news of Tesla’s new three-shift operations
Elon Musk has put his role as head of Twitter up to a vote, and the people have spoken: He should step down as the leader of the social media platform he owns. It comes after pressure from Tesla investors, who feel abandoned. As we reported over the last few weeks, Tesla investors have become
Verdict 9.6 / 10 I’m rarely a fan of making simple things more complicated, especially in the world of car naming. BMW and Infiniti have long been parties to this unchecked expansion of model branding and sub-branding, and it’s still difficult to remember which vehicle we’re talking about when talking about anything from the Mercedes-EQ
By Johnna Crider Posted on December 17, 2022 A Tesla Semi that was recently delivered to PepsiCo and Frito-Lay was seen cruising down the highway over the weekend. The all-electric Class 8 semi-truck was captured on video by a member of the Tesla Owners of Silicon Valley and shared on Twitter. The truck was wrapped
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Elon Musk sold $22-million in Tesla stock this week, gaining a reported $3.58-billion, even though he previously stated that he wasn’t going to keep doing so, and this seems to have upset one of the company’s major shareholders. In fact, Tesla’s third largest individual shareholder, Leo Koguan, (whose 22.7-million shares add up to almost $3.6-billion)
By Johnna Crider Posted on December 15, 2022 TERIC Power took delivery of 11 Tesla Megapacks, the company announced Tuesday on LinkedIn. The Canada-based independent power producer said that it was proud to receive the units and of its role in Alberda and Canada’s energy transition. The company stated: “Last month, TERIC was proud to
A single electric motorcycle has been responsible for the majority of hype around a growing wave of budget e-motos. The SONDORS Metacycle, which has seen more than its fair share of ups and downs during a lengthy development process, is now touting deliveries currently in progress to 27 states in the US. The SONDORS Metacycle
When a photo of a bare Tesla Cybertruck body popped up online a few days ago many said that its rear was the result of a single-piece casting possibly created in the new 9,000-ton Giga press. However, now that Sandy Munro of Munro Live has had a look at the photo, he says that it’s
By Johnna Crider Posted on December 14, 2022 Tesla updated its shop gift card to reflect its holiday design and dropped the price of its wall connector by $50. Tesla updated the design of its Tesla shop gift card, which matches the design of its Tesla…and Chill blanket and Model Xmas holiday sweater (except in
Are you tired of the large size of pressure washers? Well, Sun Joe’s 24V iON+ Power Cleaner is designed to pull its water from any fresh water source, meaning you can use it at the lake or in the driveway without a hose. It’s also more compact, battery-powered, and needs no gas or oil to
Panasonic Energy Co. and Lucid Group today announced they have entered into multi-year EV battery supply agreements “for Lucid’s full vehicle line-up.”. According to the press release, Panasonic will supply lithium-ion EV batteries not only for the Lucid Air mode, but also for the upcoming Lucid Gravity SUV. That’s a very interesting move, considering that
By William Johnson Posted on December 12, 2022 Volkswagen has announced that it now controls Europe’s largest EV charging network with over 400,000 chargers. In a press release today, Volkswagen claims to control Europe’s largest EV charging network via its subsidiary Elli. The charging network now contains 400,000 chargers throughout 27 countries and has seen
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