Musk: Buying EV batteries from suppliers costs less vs. Tesla’s own

Tesla Semi loaded with Teslas, including a CybertruckTesla CEO Elon Musk, in Thursday’s annual shareholder meeting, called himself “a helpful accelerant” to the company’s future, as shareholders approved a pay package for Musk valued at $46 billion based on current stock prices. Meanwhile, one aspect that was due to change the company’s trajectory, cut costs, and enable...

Tesla confirms 3 upcoming “amazing” EVs, omits Roadster

2020 Tesla RoadsterTesla is developing three new EVs, but appears to have nixed the second-generation Roadster. During the automaker's 2024 stockholder meeting, which was live-streamed on YouTube Thursday, CEO Elon Musk announced three upcoming "amazing" EVs and showed a slide with three vehicles under covers alongside the current Tesla lineup. However, the Roadster...

GOP Senators go after inflated EV efficiency in fleet standards

2023 GMC Hummer EV PickupIn their ongoing effort to push back against stricter emissions standards expected to lead to more EV sales, Senate Republicans have drafted a bill calling for regulators to change the way EV efficiency is calculated. Dubbed the Recalculating Electric Vehicle Efficiency for Accuracy and Legitimacy (REVEAL) Act, the bill questions the methods the...