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Tesla hires longtime GEICO exec to help with insurance costs

Teslarati

Tesla launched its in-house insurance program in the United States in 2019. Most drivers have not adopted it because the rates are still higher than the company planned for them to be. Insurance costs were expected to be lower because Tesla knows its vehicles better than the large insurance companies out there.

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Judge rules against Tesla insurance over ‘inflated’ premiums

Teslarati

Tesla Insurance will face a class-action lawsuit alleging that the company charged drivers too much for premiums by using “false” crash warnings, after a California judge ruled against the automaker this week.

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Transit and transportation agencies form national Automated Bus Consortium; initial purchase of 75-100 automated buses

Green Car Congress

AECOM will host an industry forum in Detroit, Michigan, on 12 September 2019, to create and facilitate opportunities for Consortium members to meet technology companies and bus manufacturers to discuss the development of program specifications for automated buses for each region’s pilot project.

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Toyota Research Institute launches next phase of collaborative research with 13 new academic institutions; more than $75M investment

Green Car Congress

The next five-year phase includes investing more than $75 million in the academic institutions, making it one of the largest collaborative research programs by an automotive company in the world. University of Minnesota. Our next five years are about pushing even further and doing so with a broader, more diverse set of stakeholders.

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Lithium Corp. shuts down rumors of a Tesla buyout following fake press release

Teslarati

Lithium Corporation, a North American energy metals company, shut down rumors of a buyout by electric car company Tesla on Wednesday, contradicting early speculation that circulated through social media. We would be happy to chat with Elon if he was inclined, but presently there is no relationship between the two companies.”

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Study: Catalytic Converter Thefts Are Slowly Declining

The Truth About Cars

But that number jumped up to 3,389 by 2019 and exploded to a whopping 14,433 in 2020. However, authorities have since taken action against several organized groups and there’s been a rash of companies offering devices that make catalytic converters harder to steal. That’s an over 1000-percent increase in just two short years.

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What is Tesla’s Mystery Magnet?

Cars That Think

But on the other hand, the company—and in particular, its CEO—has a history of making sporadic sensational claims that don’t pan out (we’re still waiting for that $35,000 Model 3 , for example). Niron’s executive VP, Andy Blackburn, told Spectrum that the company intends to introduce its first product late in 2024.

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