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Tesla secures hard-fought win for owners in CT, but battle for sales continues

Teslarati

Tesla has secured a hard-fought win in Connecticut for its planned service center, but its battle for direct sales in the state continues. Tesla initially submitted a permit application to build a showroom and service center to the East Hartford Planning and Zoning Commission.

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Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

Following Tesla CEO Elon Musk’s proposal to complete a buyout of social media platform Twitter, the company’s board has decided to accept the offer of $54.20 Twitter confirmed the sale to Musk in a statement on Monday. Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel, the release said.

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Tesla goes after Cybertruck owners selling their electric pickup trucks for profit

Baua Electric

Tesla is following through with its threat to go after early Cybertruck owners selling their electric pickup trucks. Before turning its reservations into orders, Tesla tried to take precautions against early buyers flipping the Cybertruck for profits. That’s apparently exactly what is happening. This guy reserved three.

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Tesla Model Y pre-production may start at Gigafactory Texas this week (Photos)

Teslarati

Tesla Model Y pre-production seems slated to start at Gigafactory Texas as predicted. Last week, an insider shared that Tesla aims to start test Model Y production in early August. These are test cars for calibration and training and not for sale. Tesla Goal is to begin initial production in early October.

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Tesla’s Tom Zhu takes over North America sales, service & deliveries

Teslarati

Tesla’s global vice president and CEO of the Greater China region, Tom Zhu, took over responsibilities for sales, service, and deliveries in North America, Electrek reported , citing sources familiar with the matter. In November, shipments from Tesla China topped 100,000 vehicles. but was still the chairman of the company.

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Hyundai Ioniq 5 N NPX1 adds even more performance to hot-rod electric car

EV Central

Looking more like the IONIQ 5 N eN1 Cup racer than something road legal, the Hyundai IONIQ 5N NPX1 comes with a carbon-fibre front splitter, side skirts, rear diffuser, rear wing spoiler and ultra-lightweight carbon-fibre composite rims. 2024 Hyundai Ioniq 5 N NXP1.

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Rivian IPO: What you need to know

Teslarati

Similar to fellow electric vehicle maker Tesla, which currently reached a market cap above of over $1 trillion, Rivian’s valuation target is founded on the idea that the company may see a meteoric rise in the coming years. . Legal Challenges to Date. Similar to other automakers, Rivian is also involved in some legal challenges.