Tesla Stock News

The Brazilian government is in talks with billionaire entrepreneur and CEO of SpaceX and Tesla, Elon Musk, for a technology collaboration to find a way to preserve the Amazon rainforest from increasing deforestation and wildfires. The government plans to use the thousands of satellites operated by SpaceX and Starlink in low Earth orbit to monitor these incidents that are damaging the rainforest, often called the planets lungs because of []

Tesla China updated Giga Shanghais Model 3 RWD variant and increased its price by about ¥15,000 ($2,350.21) to ¥250,900 ($39,311.23) after tax reductions. According to Tesla Chinas online configurator, the new MIC Model 3 RWD, previously called the Standard Range Plus, qualifies for the new energy vehicle purchase tax reductions and fiscal subsidies. The Model [] The post Tesla China updates base Model 3 with price increase and better range rating appeared first on TESLARATI .

Chinese automaker Xpeng Inc (NYSE: XPEV ) on Friday revealed an electric SUV G9 at the Guangzhou International Automobile Exhibition. What Happened: The electric automaker plans to launch the vehicle next year in both China and international markets to take on homegrown rival Nio Inc (NYSE: NIO ), saying and global electric-vehicle segment leader Tesla Inc (NASDAQ: TSLA ). The G9 would be the fourth electric vehicle from Xpeng lineup and feature the automakers in-house Xpilot semi-autonomous driving system, lidar technology and NVIDIA Corp (NASDAQ: NVDA ) semiconductor chips. See Also: Volkswagen Beats Xpeng, Li Auto And Nio Numbers For Octobers With Its ID. Full story available on Benzinga.com

Ford has ambitions to become the biggest US-based EV manufacturer someday, and that means greatly ramping up its production. Company CEO Jim Farley has announced that the automaker is planning to produce 600,000 electric vehicles per year by the end of 2023, which will double the number of EVs it originally intended to manufacture. According to Automotive News , production will be spread across the Mustang Mach-E, F-150 Lightning and E-Transit. Ford''s current EV lineup is wildly popular, Farley said, and the demand is "so much higher" than the company expected. The Mustang Mach-E is selling on three continents, while the Ford F-150 Lightning has been popular from the time it was announced. Ford received 100,000 reservations within three weeks after it was unveiled, and that number''s now up to 160,000 all placed with a $100 refundable deposit. Due to the high demand for the F-150, Ford previously decided to invest $250 million to boost its production, creating 450 new jobs to help it make 80,000 trucks a year.

Tesla CEO Elon Musk and House Minority Leader Kevin McCarthy, R-Calif.

"I can''t even afford to test drive a Tesla, and Elon is one of my best friends," McCarthy said during one of several lengthy tangents.

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. The problem has been long foreseen by those supporting the EV revolution. As one of the first countries to face the challenge, Norway might set an example for future nations on how [] The post Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax appeared first on TESLARATI .

Tesla has updated its entry Model 3 rear-wheel drive in China, as noted by @42how_. The updated Model 3 has increased in price by 15,000 Read more The post Entry Tesla Model 3 in China Sees Price Increase, Slower 0-100km Acceleration, More Range appeared first on TeslaNorth.com .

The company also said the car is designed for international markets. Xpeng began shipping its flagship P7 sedan to Norway this year, its first overseas market.

Has raised the price of some of its China-made Model 3 vehicles by 15,000 yuan. By Eamonn Sheridan

CFACT, a nonprofit organization with a mission that is focused on prospering lives, promoting progress, protecting the Earth, and providing education has published an article that one would not expect from a supposedly environmentally oriented nonprofit Electric Cars Will Eventually Get Us Nowhere. The article was published in June of this year, but someone []

Tesla Raj, whose channel on YouTube is about EVs and Tesla, got to test drive the new Rivian R1T electric truck and shared his review. Raj started his video by sharing who Rivians target market is and noted that Rivians mission is similar to Teslas. Both companies are focused on transitioning the world towards sustainable []

Cathie Wood-led investment management firm Ark Invest on Thursday sold 35,730 shares estimated to be worth $39.17 million in Tesla Inc (NASDAQ:

Cathie Wood-led investment management firm Ark Invest on Thursday sold 35,730 shares estimated to be wort

Shellenberger: Why $6 Billion Won''t Solve World Hunger Authored by Michael Shellenberger via michaelshellenberger.substack.com (emphasis ours), In late October, David Beasley, the Director of the United Nations World Food Programme (WFP) urged billionaires Jeff Bezos and Elon Musk to step up now, on a one-time basis to address hunger globally. Six billion [dollars] to help 42 million people that are literally going to die if we dont reach them. Its not complicated. But would you be surprised to learn that saving those 42 million lives is , in fact, complicated? Part of the problem is how the money is spent. Musk tweeted back, If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it. Musk added, it must be open source accounting, so the public sees precisely how the money is spent. Beasley responded, I can assure you that we have the systems in place for transparency and open-source accounting. If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it. Elon Musk (@elonmusk) October 31, 2021 There have been problems in the past with the financial accounting and transparency of WFP and other United Nations agencies , but the larger problem is with food aid itself.