Hong Guang Mini is the £3,200 EV that’s outselling Tesla in China

China has a new favourite electric car – and it’s not a Tesla. The Hong Guang Mini EV has recently become the nation’s best-selling EV, with the super-compact electric model costing from just £3,200 new. The car, which is produced as part of a joint venture between state-owned SAIC Motor (known locally as Wuling) and … Read more

Scottish Mortgage and Baillie Gifford cash in on som Tesla shares

High-flying fund manager Baillie Gifford has significantly reduced its Tesla share holdings across at least 11 of its funds and investment trusts, including Scottish Mortgage.  The Edinburgh-based fund manager, which was Tesla’s largest external investor with a 7.7 per cent stake as recently as last year, sold off shares during January, This is Money research … Read more

Elon Musk: New Tesla roadster could be fitted with jets so it can hover

Elon Musk has spoken about how he wants the new Tesla supercar to be fitted with jets so it can hover three feet off the ground in a podcast on Thursday. Tesla first announced the next-generation Roadster in 2017, claiming a list of impressive specifications including 0-60 MPH in 1.9 seconds, and a battery range … Read more

Harrison Ford arrives in style to LA storage facility in sleek black Tesla

Harrison Ford arrives in style to LA storage facility in sleek black Tesla By Dailymail.com Reporter Published: 02:51 GMT, 12 February 2021 | Updated: 03:09 GMT, 12 February 2021 Who needs the Millennium Falcon when you’ve got a ride like this? Harrison Ford was seen arriving to a Santa Monica storage facility on Thursday in … Read more

Is Tesla buying Bitcoin a sign the currency is becoming mainstream?

Bitcoin’s value hit another record this week after Elon Musk’s electric car company Tesla revealed its $1.5billion (£1.1billion) investment in the cryptocurrency and said customers would soon be able to buy its vehicles with the currency. The virtual currency’s value has now soared by 372 per cent in the last year to over $45,000, and … Read more

Tesla will start accepting bitcoin payments for its cars and other products

Elon Musk has launched a pair of potential gamechanging shifts for bitcoin after Tesla invested $1.5 billion and said it will start accepting the cryptocurrency as payment for its cars in the near future. Bitcoin’s price surged 10 percent to a record-high of $44,000 soon after Tesla’s disclosure on Monday morning. Shares of Tesla were up 1.8 … Read more

Tesla recalls cars with malfunctioning touchscreens

Following a prolonged and arduous battle with regulators over claims of malfunctioning touchscreen systems in older cars, Tesla has issued a recall of almost 135,000 Model S and Model X electric vehicles in the US. The recall only applies to cars produced before March 2018 that are equipped with an 8GB embedded MultiMediaCard (eMMC) that … Read more

Tesla recalls cars with faulty screen components designed to last ‘5-6 years’

Following a prolonged and arduous battle with regulators over claims of faulty touchscreen systems in older cars, Tesla has issued a recall of almost 135,000 Model S and Model X electric vehicles in the US. The recall only applies to cars produced before March 2018 that are equipped with an 8GB embedded MultiMediaCard (eMMC) that … Read more

Tesla confirms £100k+ Model S and Model Plaid variants for the UK

Tesla has revamped the two most expensive cars in its arsenal, with the Model S and Model X getting upgrades along with the addition of the auto maker’s latest tri-motor Plaid variants. But UK buyers will need to wait a year to get their hands on them. The updates extend the gap between Elon Musk’s electric … Read more

Tesla staffer denies stealing massive cache of code days after starting work with company

Tesla software engineer denies stealing 26,000 secret files as firm sues him for downloading massive cache of code only 40 people had access to Alex Khatilov started working with Tesla on December 28th, 2020 Khatilov, who works as a Software Quality Engineering Manager is alleged to have downloaded 26,000 highly sensitive company files to his … Read more