August 2023

Tesla’s domestic sales in China seem to be getting stronger, with insurance registrations for the company’s vehicles hitting 17,000 units in the week ending August 27, 2023. The number represents a 22.3% improvement from the 13,900 insurance registrations tracked by industry watchers the week prior.  Tesla China does not report its weekly sales figures in

Mobile app intelligence firm Sensor Tower has observed a rather interesting trend about X, Elon Musk’s social media platform previously known as Twitter. As per the firm, Twitter’s rebrand to X appears to have negatively affected the social media platform’s rankings, but it also seemed to have paved the way for an improvement in revenue. 

Tesla is still waiting for the approval of its Giga Berlin expansion plan. Recently, news broke that the Strausberg-Erkner Water Association (WSE) rejected Tesla’s Gigafactory Berlin expansion.  Tesla forged ahead with Giga Berlin’s growth by submitting plans for expansion to all necessary local offices in Germany in July 2023. The plans revealed that phase 2

Vietnamese electric vehicle maker VinFast Auto Ltd. (NASDAQ:VFS) has achieved a notable milestone. On Monday’s close, the EV maker hit a market capitalization of $190 billion, making it the third most valuable carmaker in the world, just behind electric car behemoth Tesla and veteran automaker Toyota.  With a market cap of $190 billion, VinFast has

A Tesla Model 3 “Highland,” which is rumored to be the updated version of the automaker’s mass-market sedan, was spotted on the German Autobahn ahead of its imminent launch. The Model 3 “Highland” is Tesla’s most recent iteration of its best-selling sedan that was launched in 2017. Although the Model 3 has received several cosmetic

Tesla has made Supercharging free in Europe for one day to celebrate the tenth anniversary of its first Superchargers opening in Norway. The company is not discriminating, either, and it is free to all electric vehicles, not just Teslas. 10 years ago today, the first 6 Supercharger stations opened in Norway. Now, our network spans