Tesla has further reduced its cost per electric vehicle (EV) as it prepares to produce the new Model Y. “Our journey on cost reduction continues, and we were able to get our overall cost per car down below $35,000, driven primarily by material costs,” said Tesla’s Chief Financial Officer, Vaibhav Read more
Tesla’s Chief Financial Officer Vaibhav Taneja teased several new product introductions that are coming this year. One of them might be the more affordable Tesla model that was supposed to debut with the Cybercab. “We will be introducing several new products throughout 2025. We are still on track to launch Read more
This electric crossover isn’t just for show. It’s fitted for the race track. Ford’s new Mustang Mach-E EV prototype is upgraded with three electric motors and borrows parts from its current NASCAR Cup Series. Check out the new EV below. more…
The EV industry is poised to embrace the recycling and repurposing of EV batteries. But huge bottlenecks would need to be cleared before that market takes off.
This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes a new solar charging kit from JackRabbit, a reversal on a plan to double the power limit for e-bikes in the UK, China is Read more
It’s official: the Mach-E looks excellent as a low-slung two-door hatchback.
What’s an EV startup to do if EV tax credits end and tariffs spike? On the Plugged-In Podcast, we explain what RJ Scaringe had to say.
Tesla (NASDAQ: TSLA) received a price target boost from analysts at Truist Securities, but it came with some criticisms based on a lack of information on several things that investors were excited to hear about regarding future vehicles and AI achievements. Last night, Tesla reported its earnings from the fourth Read more
Tesla CEO Elon Musk was proposed to the Nobel Committee to be nominated for the Nobel Peace Prize due to his efforts to protect free speech. However, Musk responded to the potential nomination, and it seems he is less than interested in winning the award. Musk said in 2022, before Read more
Tesla had a $600 million boost in its net earnings because of Bitcoin and a new accounting rule for how companies can account for crypto. Tesla reported $1.08 billion in digital assets on Wednesday during its Earnings, up from the $184 million it reported for the previous four quarters. The Read more