Tesla has brought Quicksilver to the United States, officially launching the new paint option on Thursday night. However, there are some catches as it is only available on cars in existing inventory, and unfortunately it is not available in Canada. Over the last few months a number of Model Ys finished in Quicksilver have been spotted at Giga Texas. The frequency and volume of Quicksilver Model Ys has increased in recent weeks, a noteworthy development because Quicksilver was originally supposed to be exclusive to Giga Berlin, thanks to its advanced Paint Shop. Despite this, Quicksilver expand ..read more

Tesla Model Y maintains its status, becoming the best-selling car in Europe in March. The electric SUV has outsold all competitors, including Volkswagen Golf and Dacia Sandero, which are very popular in the region. According to Jato Dynamics, sales of electric vehicles have begun to decline. Meanwhile, the popularity of hybrids is growing. A total of 382,700 hybrid vehicles were registered between January and March 2024, marking the highest number of quarterly registrations since 2021. During Tesla’s Q1 2024 earnings call, Elon Musk also noted this trend. Tesla’s sales in Europe have been weak ..read more

Henrik Fisker has informed employees that discussions are ongoing with four major automakers regarding a potential acquisition of Fisker. This announcement was made during an all-hands meeting held on Thursday, as reported by Business Insider, and comes at a critical juncture as the company faces increasing financial instability. During the meeting, Fisker said that while the company had been working with Deutsche Bank to find a potential buyers, and had received one offer to purchase the company, but that it was not “sufficient.” He noted that the four automakers currently in discussions have ..read more

Tesla is offering a new financing incentive in China, giving customers the option to purchase a Model 3 or Model Y from existing inventory with no down payment. According to a post from Tesla official account on Weibo, the offer is applicable on all Model 3 and Model Y vehicles already built that are purchased before June 30, 2024. Both this offer, and the 0% financing offer launched in China earlier this month are being advertised as “0 yuan” deals. Earlier this month Tesla launched a 0% financing offer on both the Model 3 and Model Y. However, with the launch of this new no down payment offe ..read more

Honda has officially announced a massive $15 billion investment to establish a comprehensive electric vehicle (EV) manufacturing ecosystem in Ontario. The investment includes the construction of four new facilities and is projected to create thousands of jobs. At an event in Alliston, Ontario on Thursday, where Honda already has a footprint, Prime Minister Justin Trudeau and Ontario Premier Doug Ford outlined the scope of this ambitious project. The plan involves building Honda’s first North American EV assembly plant alongside a new EV battery factory, a cathode active material processing pla ..read more

Tesla announced their new Model 3 Performance this week, with more horsepower, more acceleration, and design features unique to the top-of-the-line electric sedan. While Canada will be getting the Model 3 Performance, it will be imported from China and be slightly different “under the hood” than what is built at the Fremont factory and delivered to customers in the United States. When Tesla announced the Model 3 Performance, the official Tesla account on X advertised it as having 510 horsepower and 741 Nm torque. However, some other Tesla accounts, like the Europe and Middle East account, had ..read more

Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of 2024, Ford reported an impressive 86% increase in EV sales, with a total of 20,233 EVs sold in the first three months of the year. This surge was enough to place Ford as the second best-selling EV brand behind Tesla, with sales led by the Mustang Mach-E , with Q1 sales of 9,589, a 77% increase in sales compared to the same period last year. The F-150 Lightning maintained its status as America’s b ..read more

Tesla Energy storage deployments reached a record level in Q1 2024, according to the company’s reporting. The manufacturer expects the business’ deployment and revenue growth to exceed its automotive business in 2024. On Tuesday, Tesla released its financial report for the first quarter of 2024. The company shared a number of highlights, including information about its energy storage business. According to the figures, Tesla’s storage deployment reached a record 4.1 GWh last quarter. According to the report, Energy Generation and Storage revenue and gross profit also achieved an all-time high ..read more

Tesla has finally started deploying its latest V4 Superchargers in Canada, with not one but two V4 stations currently under construction, one in BC and another in Alberta. Tesla first started deploying its V4 Superchargers early last year, with the first station opening in March in Harderwijk, the Netherlands. After a few months later after a successful deployment, V4 Superchargers then started a rapid expansion across Europe, before arriving in the US late last year. Now they have finally arrived in Canada. Earlier this month we told you about a new Supercharger under construction in Langley ..read more

Tesla continues to shed employees as the company plans to layoff 2,700 employees from Giga Texas alone, according to a Worker Adjustment and Retraining Notice (WARN) submitted to the authorities. Information contained in the notice shows that 2,688 workers will be forced to leave Tesla from June 14th. Companies with more than 100 workers in the US are required to post about impending closing down or layoffs 60 days in advance to help the affected workers prepare. This recent round of job cuts affects Tesla’s headquarters, which has been based in Austin, Texas, sin ..read more