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Tesla Inc

Tesla to earn billions from charging partnerships with Ford, others

A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store in South Burlington, Vermont, June 18, 2023.Robert Nickelsberg | Getty ImagesAs of Thursday, owners of Ford electric vehicles — the Mustang Mach-E and F-150 Lightning — in North America finally have the ability to power up using Tesla Superchargers.Ford CEO Jim Farley wrote in a post on LinkedIn that the charging partnership, which involves use of fast-charging adapters, should "improve the EV ownership experience," for Ford EV…

How Hyundai Motor Group became the world’s third-largest automaker

Hyundai Motor Group is the world's third-largest automaker in the world by volume — but it wasn't always so. In the late 1980s and 1990s, Hyundai cars suffered ridicule in America for being cheap and low quality. But that is no longer the case.The three auto brands in the automaker's stable — Hyundai, Kia and Genesis — are nipping at the heels of well-established competitors, and winning an ever-growing list of industry awards. "The Hyundai that we see today, especially from an American perspective, would surprise people…

What drivers need to know

An all-electric Ford Mustang Mach-E at a Tesla Supercharger station charging.FordDETROIT – Ford Motor is rolling out Tesla Supercharging capabilities to owners of its electric vehicles in the U.S. and Canada. The launch begins Thursday, but is expected to be supply constrained at the start.The Detroit automaker was the first to announce a deal with Tesla to utilize the EV maker's Supercharger network. The vast majority of automakers in the U.S. have since followed. Under the deals, companies such as Ford will adopt…

Elon Musk is promising a next-generation Roadster, six years later

Tesla RoadsterCourtesy: TeslaSix years ago, Elon Musk hyped a next-generation Roadster, the name of Tesla's debut car from 2008. A refreshed version was never produced, but Musk is once again promising a new Roadster is on the way."Tonight, we radically increased the design goals for the new Tesla Roadster," Musk wrote on X as part of a series of posts Tuesday night. "There will never be another car like this, if you could even call it a car.""I think it has a shot at being the most mind-blowing product demo of all time,"…

Investors get more reasons to like Apple after scrapping EV plans, AI update

Apple offered investors more reasons to like its stock after the company reportedly canceled its decadelong electric, self-driving car project and CEO Tim Cook talked up the iPhone maker's artificial intelligence vision. The tech giant announced the end to its autonomous EV pursuits internally Tuesday, Bloomberg News reported , citing people with knowledge of the matter. Many employees on the nearly 2,000-person team will be tasked to work on Apple's AI unit instead, Bloomberg said. At Apple's virtual shareholder meeting…

Tesla Model Y, Toyota hybrids make Consumer Reports’ top 10 ranking

Toyota hybrid vehicles for sale at a dealership in Chicago, Feb. 6, 2024.Scott Olson | Getty ImagesHybrid vehicles led the 2024 top vehicle rankings released Tuesday by influential product testing organization Consumer Reports.Such "electrified" vehicles, including plug-in hybrid models, represented six of the top 10 picks by the nonprofit consumer organization. The non-hybrid models rounding out the list were the all-electric Tesla Model Y crossover and three gas-powered vehicles with no hybrid variants.It marks the…

How Ford can challenge powerful a Chinese EV maker’s potential entrance in the U.S.

Forget Tesla , the real competition in electric vehicles is low-cost Chinese automakers. That's what Ford CEO Jim Farley recently told Wall Street. He said he has a plan as one such EV maker looks to break into America. BYD — short for Build Your Dreams — could pose a threat to Ford and other U.S. automakers if speculation is correct and the Chinese automaker does build an electric vehicle factory in Mexico. According to a Nikkei report from mid-February, the plant could be used as an export hub to penetrate the U.S.…

Tesla faces hurdle in Germany as locals vote against factory expansion

Employees of the Tesla Gigafactory Berlin-Brandenburg work on a production line of a Model Y electric vehicle on March 20, 2023.Patrick Pleuil | Picture Alliance | Getty ImagesElectric vehicle maker Tesla failed to secure a vote among locals in favor of authorizing a major factory expansion for the company's battery and car assembly plant in Brandenburg, Germany.German state-owned broadcaster DW first reported on the vote and that Tesla needed to cut down approximately "250 acres of forest in the rural community of fewer…

EV boat maker Arc debuts a premium wake sport model for $258,000

Arc Boat Company's fully electric Arc Sport model gets four to six hours of typical use on a single charge.Arc Boat CompanyArc Boat Company began sales of its second electric boat model in just three years this week. The new $258,000 Arc Sport was designed for wake sports enthusiasts and follows the company's earlier Arc One, a limited-edition luxury cruiser.While the startup produced fewer than two dozen of those earlier boats, it is gearing up for continuous production of the new model, which it unveiled on Tuesday.The…

What the U.S. can learn from Norway when it comes to EV adoption

Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates. In the world's largest auto market, China, 24% of new car sales were EVs in 2023, according to the China Passenger Car Association. "Our goal is that all new cars by 2025 will be zero-emission vehicles," said Ragnhild Syrstad, the state…