Volvo Trucks is going to compete with Tesla and Daimler in semi trucks Volvo Trucks announced a new all-electric Volvo VNR Electric semi truck that will be unveiled and demonstrated in California in 2019. Production and sales is already scheduled for 2020. The Swedish group intends to introduce an electric version of the VNR using…
Is Africa finally ready for Tesla and is Tesla ready for Africa? South Africa is one of those places where you can’t buy a Tesla, but according to Elon Musk – who left South Africa for North America almost 30 years ago – there is a chance for change. The first store is expected to be…
Tesla expands its store network in the U.S. by about 10% in just one week. Tesla released a note that this week it’s opening 11 new stores in the U.S.! As we check the list – there are some 124 stores/galleries available, which means that the latest move increases the number by more or less…
Tesla Model S/X residual value remains stable and well above the industry average. According to Autolist.com’s study, the Tesla Model S and Model X hold resale value better than all of their gas-powered competitors. That’s despite new EV models coming on the market and indirect internal competition from Tesla Model 3 – Autolist notes. Here are the…
Elon Musk talks Twitter, GM, the SEC and more Recently, Tesla CEO Elon Musk sat down with Lesley Stahl of 60 Minutes for a lengthy discussion. But rather than simply focusing on production numbers or future products, Lesley’s interview often dives into more personal topics. Namely Elon’s social media presence. Some have criticized her interview for being…
Tesla Chief Executive Elon Musk continues to beef with the Securities and Exchange Commission. His latest shot at the government agency responsible for enforcing federal securities laws came in a 60 Minutes interview that aired Sunday. “I want to be clear, I do not respect the SEC,” Musk said in the interview when pressed on…
The automaker wants “around 20” electric cars on the road by 2025. Volkswagen is the latest manufacturer to announce an “acceleration” to previously established restructuring plans. In this case, the automaker isn’t talking about layoffs, at least not yet. Instead, VW plans to drastically reduce powertrain configurations for the European market. As a consequence, some models…
In 15 years electric cars will take half of the global market? According to the DNV GL forecast, the growth of electric car sales will accelerate and it will take the shape of an S-shaped curve of innovation. In result, 50% of all new cars sold globally to be electric by 2033, which is about…
Tesla has hired a new general counsel – Dane Butswinkas, the Chairman of Williams & Connolly. Tesla announced the appointment in a blog post. Butswinkas, a veteran trial lawyer, will be replacing Todd Maron, who has led Tesla’s legal department for the past five years. “This completes a transition plan that Todd and Tesla have…
