Smart Cars
Elon Musk Predicts Tesla Could See 1000% Profit Surge in Five Years
March 3, 2025 – Over the past five years, Tesla, the electric car company owned by the world’s richest man Elon Musk, has witnessed phenomenal growth in its share price, with a cumulative increase of 558%. However, the journey has not been without challenges. In February 2025, Tesla’s stock price plummeted by nearly 30%, a…
Toyota Set to Release bZ3C, a New Electric Crossover, on March 11
February 27, 2025 – According to a report by AutoCar, Toyota is set to unveil a brand-new electric vehicle on March 11th. The Japanese automaker has plans to expand its electric vehicle lineup to six models by the end of 2026. Advance previews indicate that the upcoming car is a crossover model, featuring a slanted…
Tesla Market Cap Slides Below $1 Trillion, Marking a 38% Drop from Its Peak
February 26, 2025 – Tesla shares tumbled 8.39% by the close of the US stock market, erasing over 280billionfromitsmarketcapitalizationandpushingitbelowthe1 trillion mark. The electric vehicle giant’s latest stock price settled at 302.8,markingasignificant38488. This decline has resulted in Tesla being ousted from the exclusive club of seven US tech companies, including NVIDIA, Apple, Microsoft, Alphabet, Amazon, Meta,…
Tesla Cybercab Test Vehicles with Steering Wheels Make Frequent Appearances at Giga Texas
February 25, 2025 – The presence of Tesla’s Cybercab test vehicles has significantly increased at the company’s Giga Texas superfactory. This week, drone footage captured a growing number of these vehicles undergoing tests within the factory premises. Images shared by Joe Tegtmeyer on the X platform revealed Cybercabs being tested, notably featuring steering wheels. This…
Tesla Lights Up the Night: 1150 Cars Create History with Massive Light Display
February 25, 2025 – Last weekend, the city of Saint-Truiden, Belgium, witnessed a remarkable Tesla light show at the DronePort, featuring a record-breaking 1,150 Tesla vehicles. This spectacular event surpassed the previous world record set in Suwon, South Korea, where over 1,000 Tesla cars participated in a similar show. The highlight of this light show…
Tesla, BYD, Stellantis, and Volkswagen Face Italian Investigation for Potentially Deceptive EV Marketing
February 23, 2025 – The Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato, AGCM for short) has recently launched investigations into four automobile manufacturers: Tesla, BYD, Stellantis, and Volkswagen, accusing them of suspected unfair business practices. According to the AGCM, these four carmakers are charged with providing misleading information to consumers regarding the…
Stellantis Takes on Autonomous Driving with ‘Hands-Free, Eyes-Free’ AutoDrive L3+
February 21, 2025 – Stellantis, the automotive giant with a footprint spanning both Europe and America, has announced the launch of its first “hands-free, eyes-free” partial autonomous driving feature, dubbed STLA AutoDrive. This innovation promises to offer a reprieve to drivers yearning to “reclaim valuable time” amidst congested traffic. However, Stellantis has refrained from immediately…
Mercedes-Benz Moves Towards Unified Aesthetic, Bridging Gas and Electric Lines
February 21, 2025 – Mercedes-Benz is set to follow in the footsteps of BMW, unifying the design language of its internal combustion engine and electric vehicles. As reported by Motor 1 today, all Mercedes models will embrace a “unified design language” without any compromises: “Electric vehicles and electrified models will leverage their respective strengths while…
Tesla to Roll Out ‘Queuing System’ at Supercharger Stations to Tackle Congestion and Line-Cutting
February 20, 2025 – Tesla is introducing a new “queuing system” at select Supercharger stations, according to a report by Teslarati today. The initiative aims to address a rare but troublesome issue: confusion and even disputes among drivers over who should charge their electric vehicles first. In densely populated areas, congestion at Supercharger stations can…
Nikola Files for Bankruptcy, Marking the Fall of a Silicon Valley Darling
February 20, 2025 – Nikola Corp., the once-promising hydrogen electric truck startup, has filed for Chapter 11 bankruptcy protection on Wednesday, citing its inability to find a buyer or raise additional funds to sustain its operations. Nikola, which was once a darling of Silicon Valley, saw its valuation soar to $30 billion after going public…