A judge has officially approved a settlement in a case brought by Tesla shareholders against board members who will now have to return stock, cash, and give up on stock options worth a total of nearly $1 billion. Let me start this article with a quote from Tesla CEO Elon Musk: Tesla will never settle
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A new estimate put Tesla’s US sales down by 5% in 2024 compared to the prior year despite the automaker offering record discounts, incentives, and the addition of the Cybertruck to its lineup. Following Tesla’s production and delivery results for Q4 and the full-year 2024, the market is still digesting the information. As we pointed
Mazda is finally stepping up with plans to build its first dedicated EV. The upcoming Mazda EV will be made in Japan and based on a new in-house platform. Here’s what we know about it so far. The first dedicated Mazda EV is coming soon Although Mazda isn’t the first brand that comes to mind
The White House announced today that President Joe Biden is banning new offshore oil and gas drilling along 625 million acres of US coastline, taking the total area of ocean he’s protected to 670 million acres. Biden, who wraps up his term in just two weeks, has used his authority under Section 12(a) of the Outer Continental
Tesla fire Model S france A Tesla Model S has caught fire while charging at a Supercharger station in France. Tesla is investigating the issue, and the station is temporarily closed. Sunday night, a fire was reported at the Tesla Supercharger station in Pontarlier, a small community in France near the border with Switzerland. The
Tesla drivers in Sweden are stuck in wait lines at Superchargers stations. Tesla blames union strikes preventing them from connecting their new stations to the grid. For more than a year now, Tesla service workers in Sweden have been on strike, demanding inclusion in a collective agreement. Tesla has historically opposed unions and successfully resisted
After its best EV sales quarter ever in the fourth quarter, Ford is extending its “Power Promise” program, which includes a free home charger. Ford looks to keep the momentum going this year after the F-150 Lightning and Mustang Mach-E set new sales records in 2024. Ford set a new EV sales record in Q4
Honda’s electric SUV is taking the US by storm. After another record month in December, Honda Prologue sales in the US reached over 33,000 in total in 2024. Honda Prologue US sales reach over 33,000 in 2024 Honda set new SUV, hybrid, and EV sales records in the US in 2024. Its first electric SUV,
Although Toyota bZ4X sales nearly doubled last year, the auto giant is still falling behind in the US EV market. Overseas rivals like Hyundai and Kia are lapping Toyota. Even other Japanese automakers, including Honda and Nissan, are selling more EVs in the US than Toyota. Toyota bZ4X sales lagged behind US EV rivals in
A Tesla Cybertruck caught on fire in the lot of a Tesla store in North Decatur, Georgia, near Atlanta. The local fire authorities suspect a battery fire. The incident went mostly unreported because it happened just a few hours before the highly publicized Cybertruck explosion in front of the Trump Hotel in Las Vegas on
International shipping giants DHL partnered with autonomous software company Oxa to deploy a self-driving car in live airport traffic at Heathrow, safely completing more than 800 miles of fully autonomous driving in just 14 days. DHL has been a leader in decarbonization and new technology for years, and have maintained a Strategic Partnership with London
The current base version of the Tesla Cybertruck is now eligible for a $7,500 federal tax credit in the US. It should help Tesla move some units amid the electric truck’s demand issues, but not for long as both CEO Elon Musk and President Donald Trump aim to kill the electric vehicle incentive. When Tesla
A Tesla Cybertruck “exploded” in front of the Trump Hotel in Las Vegas, Nevada. The police are investigating the cause of the incident. The incident happened Wednesday morning in the valet area of the Trump International Hotel in Las Vegas. A fire was first reported around before 9 AM. Shortly after, the Las Vegas Metropolitan
Last September, California Governor Gavin Newsom signed into law SB-1271, which redefines and adds to several electric bicycle regulations in the state. Chief among them is a clarification of the three-class e-bike system, which is likely to now rule that many of the throttle-enabled electric bikes currently available and on the road in California will
Photo: Strauss Wind A new study published in the journal Renewable Energy uses data from the state of California to demonstrate that no blackouts occurred when wind-water-solar electricity supply exceeded 100% of demand on the state’s main grid for a record 98 of 116 days from late winter to early summer 2024 for an average
Kia issued a recall for nearly 23,000 EV9 models in the US over potentially missing seat bolts. Although only about 1% of the electric SUVs are estimated to have the defect, Kia is recalling certain 2024 and 2025 EV9 models out of caution. Here’s how to get the fix. Kia EV9 hit with another recall
On today’s exciting episode of Quick Charge, we explore not one but two existing electric truck fleets that crossed the 5 million miles driven mark this year, along with some potentially exciting news for last-minute shoppers looking for a sweet deal on a new Toyota or GMC Sierra EV, and the Electrek EV of the
Hyundai is gearing up to launch its first all-electric minivan. Production is set to begin next year, and the EV minivan is expected to play a key role in its global expansion. Here’s what to expect. Hyundai will launch its first EV minivan in 2025 The Staria is Hyundai’s successor to the Starex, its multi-purpose
Isuzu is giving Red Bull electrified wings – the iconic drinks company is officially the first to put the production version of its new-for-2025 Isuzu NRR-EV medium duty electric box truck to work in North America. Deployed by Red Bull North America, these first-ever customer Isuzu NRR-EV medium duty trucks are busy delivering cans of Red
Hyundai’s electric SUV has just earned its place in history books. The Hyundai IONIQ 5 set a new Guinness World Record after braving the highest driveable road. Hyundai IONIQ 5 EV earns new Guinness World Record In a reflection of Hyundai’s “technological prowess,” the company announced on Thursday, December 26, that the IONIQ 5 officially