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Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in late 2024, setting the stage for Slate to challenge the EV market with its no-frills,…
On May 8, 2025, House Speaker Mike Johnson indicated that the $7,500 federal EV tax credit is more likely to be eliminated than retained, a decision that could impact electric vehicle adoption across the U.S. According to a report by Autoblog, Johnson told Bloomberg, “I think there is a better chance we kill it than…
Matthew LaBrot, a Tesla sales employee, was terminated on April 25, 2025, just one day after launching a website protesting CEO Elon Musk’s leadership, according to a Business Insider report. LaBrot’s dismissal highlights Tesla’s ongoing struggles with employee dissent and a declining brand image amid Musk’s controversial political involvement, which has sparked protests and a…
A coalition of 16 US states led by California has filed a lawsuit against the Trump administration for halting the distribution of billions in federal funding earmarked for electric vehicle charging infrastructure. The legal action, filed in the U.S. District Court in Washington State, comes in response to the Department of Transportation’s February decision to…
On May 7, 2025, Tesla announced a significant perk for Cybertruck owners, offering a free 1-year trial of Full Self-Driving (FSD) Supervised, as shared by Sawyer Merritt on X. This move highlights Tesla’s push to advance autonomous driving technology in its electric vehicles (EVs), particularly for early adopters of the rugged Cybertruck. Technology Updates: FSD…
Tesla has launched the Model Y Long Range Rear-Wheel Drive (RWD) in the U.S., offering an impressive EPA-estimated range of 357 miles and a starting price of $44,990, which drops to $37,490 after a $7,500 federal EV tax credit. Announced by Sawyer Merritt on X, this new variant brings upgraded features and performance, making it…
Tesla’s energy storage business, powering homes and grids with Megapack and Powerwall systems, delivered a lifeline in a tough first quarter of 2025, raking in $2.73 billion—a 67% jump from last year, according to Business Insider. Yet, while this side hustle cushioned a 20% drop in automotive revenue and a net income plunge to $409…
Tesla’s latest lease offer for the 2025 Model Y makes the electric SUV more accessible than ever, with a compelling $299 monthly payment for 36 months and $3,993 due at signing. This deal, targeting EV enthusiasts and budget-conscious drivers, leverages the revamped “Juniper” Model Y’s allure to redefine affordable electric mobility. Here’s why this offer…
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