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The Latest Breaking News from Tesla Inc.

Elon Musk admits diverting Tesla’s AI chips to his other companies, claiming ‘they would have just sat in a warehouse’

The timing of his latest conflict of interest is damaging, coming just days before a key shareholder vote over his record pay package on June 13.

Fortune

Ford U.S. EV Sales Rocket 65% In May 2024 To Third-Best Month Ever

In May, Ford sold 8,966 EVs in the U.S., 65% more than a year ago, which is the third-best monthly result ever. The EV share improved to 4.9%.

InsideEVs

How To Invest in Sectors With These Funds

Good investments don't all look alike. James K. Glassman walks you through sensible strategies for choosing which sectors to zero in on.

Kiplinger

From analysis to the latest developments in health,
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Aussies spend big on cars but choose fuel-saving models

Australian drivers bought a record number of new vehicles in May, with many choosing to reduce their fuel costs by choosing hybrid and electric models.

AAP

Elon Musk can’t just ask ‘his brother and his besties’ to pay him $46 billion, NYC comptroller says

Comptroller Brad Lander said the Tesla CEO’s pay package is “outrageously large and insufficiently governed” at a meeting of investors on Tuesday.

Fortune

Tesla Model Y Long Range After 4 Years And 45,000 Miles: Owner Breaks Down The Costs

EV driver and tech YouTuber Ben Sullins goes through all the good and the bad with his all-wheel drive Model Y.

InsideEVs

Tesla's New Affordable EV: Everything We Know

Tesla has been hyping up a $25,000 EV for years. Here's what we expect.

InsideEVs

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Elon Musk Ordered Nvidia To Redirect Thousands Of AI Chips: Report

Musk has claimed that he will be able to make Tesla into an AI & robotics leader, and that this will require thousands of processors from NVIDIA in order for the required infrastructure to be built.

International Business Times

Here’s How Hot Weather Affects Electric Car Range

Everybody knows cold weather has a big impact on the driving range of electric cars, but what about when it’s scorching hot?

InsideEVs

BYD Global Plug-In Car Sales Exceeded 330,000 In May 2024

In May, BYD's passenger plug-in car sales amounted to 330,488 units, including over 15,000 EVs from its sub-brands. That's 38% more than a year ago.

InsideEVs

Volvo Is Issuing ‘Battery Passports.’ Here’s What That Means

Today on Critical Materials: Volvo issues first battery passport, GM promotes two ex-apple exects to lead software team, and Cruise is running in another city.

InsideEVs

Repairing An EV Is 30% More Expensive On Average Than An ICE Vehicle. Here’s Why

Insurance data from Q1 2024 reveals the biggest reason for the cost difference. And no, it’s not because EVs are more expensive to buy.

InsideEVs

22 CEOs who founded their Fortune 500 companies

From Mark Zuckerberg to Jack Dorsey, these are the executives who started their enterprises from scratch.

Fortune

AI Takeover: 10 Jobs Humans Could Lose To Automation In The Next Three Years

Automation powered by AI takes over workplaces! Efficiency and cost reduction come at the expense of human jobs.

International Business Times UK

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International Business Times UK

Man Frustrated With New Tesla Too Big For Parking Space: Can't Return It, Can't Resell It For A Year

A man's life changed after ordering a Cybertruck. Now living in an apartment, the truck doesn't fit, and Tesla won't buy it back due to a 1-year resale clause.

InsideEVs

‘Foot On The Accelerator’: Hyundai And Kia’s EV Push Pays Off As Rivals Back Down

As production at a new Georgia "Metaplant" looms, the Korean automakers race ahead with EVs. Hyundai’s North American CEO says they’re just getting started.

InsideEVs

Tesla Cybertruck Posts Quick Times At Porsche Autocross Event

An experienced driver takes his Tesla Cybertruck to a Porsche Club (PCA) autocross event and performs shockingly well even in off-road tires.

InsideEVs

EV Lease Prices Could Rise Due To Poor Resale Value: Study

Many new EV buyers may lease as a form of financial risk transference, but lessors are more aware of poor residual value and lease costs could rise.

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InsideEVs

Tesla Model Y Performance Ownership Review: Battery Health, Degradation After 40,000 Miles

The Tesla Model Y Performance has democratized supercar levels of acceleration, unlike any other mass-market mid-size family SUV before it.

InsideEVs

Fisker Ocean Owners Need Parts. The Company Planned On It Being ‘Perfect’ Instead

Scarce replacement parts forced Fisker to poach components from its factory and disassemble cars, former employees told InsideEVs.

Fortune

Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data that plunged the share price to two-year low

The Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning Q4 vehicle sales would not deliver the 'epic end of year' he promised investors.

InsideEVs

Tesla Cybertruck Reviewed By Ford F-150 Owner: 'It’s Like An Exotic Car'

It drives better than his F-150 Lariat, but this Ford owner isn’t sold on what the Cybertruck would be like to live with.

The Guardian - US

Why is a group of billionaires working to re-elect Trump?

Oligarchs like Elon Musk and Peter Thiel aren’t just hostile to progressivism. They’re hostile to American democracy itself

International Business Times UK

'Deadly' Cybertruck Design: Reflective Wrap Turns Heads But Considered A Blinding Hazard

Reflective Cybertruck video sparks safety concerns online. Drivers say it's blinding and dangerous for both motorists and pedestrians

InsideEVs

The Lucid Air Sapphire Is 'The Best Sedan Ever Made', MKBHD Says

Marques Brownlee sees no major downsides to the 2024 Lucid Air Sapphire, calling the long range EV the best sedan in the world—assuming you can afford it.

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