June 2023

Tesla Investor Relations VP debunks Toyota’s anti EV arguments

A document from Toyota corporate to US dealers has attracted the attention of the electric vehicle community. While the Japanese carmaker’s skepticism surrounding electric cars has been known for a long time, the claims and estimates of Toyota in the document were enough to warrant a response from Tesla VP of Investor Relations Martin Viecha, […]

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Twitter is worth just a third of Musk’s $44 billion investment: Fidelity

It appears that Elon Musk was not kidding when he acknowledged that he overpaid for social media platform Twitter. Musk acquired Twitter last year at $54.20 per share, a deal that amounted to $44 billion.  As per Fidelity, one of Twitter’s investors, the social media platform is now worth just about one-third of what Elon

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SpaceX caps off busy May with 8th Falcon 9 launch

SpaceX successfully launched another Starlink mission at 11:02 PM PT (06:02 UTC), this time sending 52 V1.5 Starlink satellites to orbit from SLC-4E at Vandenberg Space Force Base. These satellites will be placed into a 70-degree orbital inclination around the Earth. Launching the Starlink Group 2-10 mission, was B1061, on its 14th flight. Previously having

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Tesla reportedly plans to show off new Model 3 ‘Highland’ during Musk’s China visit

Tesla is reportedly planning to show off its new Model 3 “Highland” during CEO Elon Musk’s visit in China this Thursday. Tesla has been rumoredly developing a new, revamped version of its mass-market sedan for nearly a year. Last year, several reports came out during the Fall that indicated Tesla was in the process of

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Tesla’s Elon Musk has become “Beijing’s ideal foreign investor:” Reuters

During Elon Musk’s visit to China, one thing became evident. The Tesla CEO is very well-liked, particularly by government officials who gave Musk warm welcomes at every stop. Musk was even fed a special menu that was designed to make him and his team comfortable after their journey to China.  Needless to say, Musk definitely

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Tesla is back into the S&P 500 ESG index, but barely anyone’s really heard about it

The S&P Dow Jones Indices attracted quite a lot of headlines when it removed Tesla from its (Environmental, Social, and Governance) ESG Index last year. Tesla has since been added back to the S&P 500 ESG index. The update just didn’t get as much attention as Tesla’s removal last year.  When the S&P removed Tesla from

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Toyota confirms 3-row electric SUV for US assembly in 2025

Toyota on Wednesday confirmed that it will assemble a three-row battery electric SUV at its Georgetown, Kentucky, plant starting in 2025. The new SUV will use batteries supplied from Toyota’s North Carolina plant, and it says that facility will be “Toyota’s hub for developing and producing lithium-ion batteries needed for its… Source: Green Car Reports

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