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The American startup needs roughly $60 million to get the first production units off the assembly line.

The electric crossover is smaller than the discontinued first-generation Chevrolet Bolt EUV.

Tesla has officially launched its Holiday Update for 2024, and in typical fashion, the company is rolling out some major features and improvements to owners. Tesla typically launches a massive update toward the end of the year with upgrades and new features on a regular basis. 2024 has some features Read more

Tesla (NASDAQ: TSLA) has lost one of its biggest bears this morning as a longtime skeptic of the stock has adjusted their narrative and price target to something that is significantly more bullish. Craig Irwin of Roth MKM upgraded shares of Tesla from Neutral to Buy and increased the price Read more

Tesla has confirmed that it will roll out one of the most highly-requested features to owners with the 2024 Holiday Update as it plans to roll out an app for the Apple Watch this month. With the announcement of the features that will be included with the 2024 Holiday Update, Read more

Tesla CEO Elon Musk was once again denied the $56 billion pay package by Delaware Chancellor Kathaleen McCormick, who previously ruled the sum should not be paid to Musk. Tesla shareholders voted after the initial rejection of the massive pay package that was awarded to Musk for achieving several tranches Read more

It looks like there’s a demand problem for the electric pickup that allegedly had millions of reservations before going on sale.

Tesla has told Cybertruck production employees not to report to work for the next three days, in another sign of demand issues for the vehicle that once touted millions of preorders. more…

The Cybertruck may have come off the line strong, but it’s already burned through its million-plus reservation list and Tesla is starting to pull demand levers with discounts, leases, referrals, and more. Will it be enough to help spur sales? All this and major waves at VW and Stellantis on Read more

Jag’s next move may be the inflection point for an EV renaissance, with at least 430 miles of range and 575 hp. Or an epitaph.