Tesla reduced the price of several of its cars, both in the United States and in Europe. The move was done under the radar as news appeared on the company’s website on January 12 without an announcement from Tesla or CEO Elon Musk, according to Mashable. “The latest cuts are likely Tesla’s attempt to boost sales. The company is expected to implement a hiring freeze and lay off more workers in the first quarter of 2023.” (Source: Mashable) Read the original story…
A major fusion energy announcement came out of Lawrence Livermore National Laboratory in California today. Scientists at the facility were able to initiate a fusion experiment that produced more energy than was required for its ignition, aiming 192 laser beams …
New auto sales in the U.S. are “still stuck in low gear,” according to a new forecast by Cox Automotive, which expects that the sales numbers from last month will be mostly unchanged from the previous month. Though the numbers …
Online car retailer Caravan is on the brink of bankruptcy, according to 9NEWS. Its stock “tanked” as shares lost 96 per cent of their value over the last year. “Carvana was really created to disrupt the U.S. vehicle market. It …
General Motors dealerships have repaired thousands of Tesla electric cars, GM claimed in its annual investor day presentation. First spotted by Barron’s, a slide in the presentation simply reads “11,180 repairs on Teslas” without elaboration. Some level of context came …
It’s been three years since the Ontario government launched Driving Prosperity, an auto strategy to position the province as a North American leader in developing and building the car of the future. And, despite some challenges caused by COVID-19, Vic …
EV drivers, you will have more fast-charging options soon. In order to tap into the $7.5 billion federal incentives for expanding charging infrastructure, Tesla promised to offer 3,500 Supercharger stations to non-Tesla electric vehicles by the end of 2024. As …
