February 2023

Tesla’s Elon Musk gives Cybertruck seal of approval after production beta review

It does appear that Tesla is steadily making progress in the development and upcoming production of the Cybertruck. This was hinted at by CEO Elon Musk, who noted that he recently reviewed the all-electric pickup truck’s production beta. Musk’s recent comment about the Cybertruck came as a response to a post on Twitter from a […]

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Elon Musk asks judge to throw out lawsuit about late Twitter stake filings

Tesla, SpaceX, and Twitter CEO Elon Musk has asked a US judge to dismiss a lawsuit alleging that his late disclosure of a significant stake in Twitter Inc. harmed the social media company’s shareholders last year. Led by the Oklahoma Firefighters Pension and Retirement System, the investors have accused Elon Musk of going past the

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Despite Tesla and Ford’s price cuts, GM says it won’t lower EV prices for now

While competitors such as Tesla and Ford have initiated price cuts on their most popular all-electric vehicles, veteran automaker General Motors (GM) has noted that it intends to keep its EVs’ prices at their current level.  Earlier this month, US electric vehicle leader Tesla initiated a round of aggressive price cuts to its entire vehicle

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Tesla China to increase Giga Shanghai output amid rising demand: report

It appears that Tesla China will be unleashing the might of Gigafactory Shanghai, its largest and most efficient vehicle production plant by volume, for the next two months. Giga Shanghai is reportedly looking to raise its weekly output to nearly 20,000 vehicles for February and March, allowing Tesla China to address the rising demand for

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Tesla’s potential investment in Indonesia gets vote of confidence from President Jokowi

Indonesian President Joko “Jokowi” Widodo believes that Indonesia has a serious chance at securing a deal with American electric vehicle maker Tesla for a potential production facility in the country. Indonesia has offered the EV maker a number of incentives, including tax incentives and permission to mine nickel. Indonesia has been working hard to attract

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