Warren Buffett says that he doesn’t want to compete with Elon Musk – and especially Tesla – as he divests from BYD. Over the last year, Warren Buffett’s Berkshire Hathaway has been divesting from Chinese automaker BYD. Last week, Berkshire Hathaway sold two million BYD shares again. Following the last sale, Buffett and his number
Entertainment
Tesla has started to release a new Full Self-Driving Beta update with some performance improvements – although it doesn’t look like a huge update from the release notes. FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation system, but the driver needs to remain vigilant and ready to
Two months into his term as the new CEO of Subaru, Atsushi Osaki is making some admirable changes that could soon benefit US consumers and our planet’s ecosystem. The Japanese automaker looks to ride a wave of massive annual profits into a new transition of bolstered EV production that includes at least four all-electric Subaru
Volkswagen is teasing its newest flagship electric sedan variant, the ID.7 GTX. The new VW ID.7 GTX will include new sporty design features, more power, and a dual-motor AWD system. We got our first look at the all-new Volkswagen ID.7 at CES in January, with the automaker presenting a specially camouflaged ID.7 prototype. Volkswagen says
Tesla has slashed Supercharger prices across most markets in Europe as energy prices are stabilizing downward following the crisis. One of the biggest advantages of electric vehicles remains that their cost of operations is much lower than vehicles with internal combustion engines, thanks to electricity generally being much cheaper than gas. This is a fairly
Toyota released its financial results for the fiscal year ending March 31, 2023, on Wednesday, as new CEO Koji Sato took over the reins. With the market “rapidly progressing,” Toyota is increasing its EV investments, including plans for a new dedicated platform and next-gen models, which will be revealed this fall. The Japanese automaker has
Tesla has strangely denied rumors that a new Model 3 refresh will be produced at Gigafactory Shanghai in China next month. Late last year, we started hearing rumors that Tesla was working on a Model 3 refresh that would come during the second half of 2023. The project is reportedly codenamed “Highland.” In December, a Model 3
Tesla has achieved its goal of producing 5,000 Model Y vehicles in a week at Gigafactory Texas, which was the original goal for volume production at the plant. The automaker has been simultaneously ramping up two major factories, Gigafactory Berlin and Gigafactory Texas, to volume production. It created a friendly competition between the two. When
A Tesla Cybertruck prototype was spotted stuck in a field in rural Texas following the groundbreaking ceremony for Tesla’s new lithium refinery. There aren’t that many Cybertruck prototypes out in the wild, which makes every sighting quite interesting. Different sightings from varying angles can unveil new things about the highly anticipated electric pickup truck. The
Tesla is under pressure from the Democratic Party’s leadership who claim the automaker is hiding complaints from workers and customers. The issue stems from the inclusion of “arbitration clauses” inside Tesla’s contracts with workers and customers. An arbitration clause consists of any form of agreement between parties that indicate certain disputes will be resolved by
Porsche revealed today a new collaboration with former Tesla partner Mobileye to produce premium Advanced Driver Assistance Systems (ADAS) for future models. Tesla used Mobileye’s computer vision technology (camera-based ADAS), using its EyeQ3 chips, to power its first-generation Highway Autopilot. The partnership ended in a messy breakup in 2016 after a disagreement over how the
If you’ve been waiting to buy Ford’s electric truck, now is your chance. Ford is reopening orders for its trendy F-150 Lightning electric truck again on Tuesday, May 9. However, this time, no reservation is needed. Since its release in May 2021, the F-150 Lightning has become an instant fan favorite, gathering over 200,000 reservations
Who says electric vehicles can’t perform in the cold? Kia took its new electric SUV to Arjeplog, Sweden, to test the EV9 in sub-zero temperatures to ensure its battery and charging performance were up to standard. With several features unique to Kia, the testing video shows cold weather can’t slow the electric SUVs’ roll. After
A police department in California has decided to convert its entire patrol fleet to all-electric vehicles using the Tesla Model Y. There is an impressive number of police departments around the world realizing that electric vehicles are the perfect solution to both reduce the operating cost and the environmental impact of their patrol vehicles. While
Tesla has officially broke ground at its new Lithium Refinery outside Corpus Christie, Texas. The automaker plans to produce enough battery-grade lithium at the new factory to support the production of 1 million electric cars annually. In September 2022, we learned that Tesla has a plan to build a lithium refining facility on the Gulf Coast
Tesla has teased a new Cybertruck accessory, a rugged-looking tool rack that fits on the bed of the electric pickup truck. When Tesla first unveiled the Cybertruck back in 2019, the automaker talked about a few possible accessories that it plans to make for the electric pickup truck. However, that was four years ago, and
Elon Musk says Tesla will give a free month of a Full Self-Driving package to every owner in North America, but only once it is “super smooth.” The CEO has had a fixation on people “not understanding the value of Tesla’s Full Self-Driving package,” which the automaker now sells for $15,000. As you can imagine,
For the first time ever, Volkswagen Group has shared detailed Q1 2023 financial results for its volume brand vehicles, including its namesake brand, Seat/Cupra, and its commercial division. The Group unit’s report shows promising growth in sales, profits, and most importantly, BEV deliveries. Here’s the latest. Volkswagen Group continues to try and grow its global
Tesla confirmed that it is building a new crash test lab in Austin to further improve the passive safety of its electric vehicles. It took a while for Tesla to get credibility in the auto industry, and while it still has naysayers, it has made itself undeniable by profitably establishing the capacity to produce 2 million
The fun-size Bronco-like Baojun Yep EV (YueYe in Chinese), made by the joint venture between GM, SAIC, and Wuling Motors (SGMW) in China, is now getting an electric pickup truck version. SGMW launches Bronco-like EV SUV as a pickup SGMW officially unveiled one of the coolest electric SUVs in China last month, called the Baojun
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