Electric Cars News

The Model X Long Range and Model S Long Range now sell for $104,990 and $94,990 respectively.

GM said limited production will start Nov. 1 to help optimize battery production and supply chain repair logistics, including providing vehicles to be used as courtesy transportation for customers during recall repairs.

In the battery electric vehicle segment, Tesla's Model 3 and Y ranked first and second, with Volkswagen's ID.3 in third place.

Tesla made up 1.4% of 36,629 new car registrations in Singapore this year, compared with top player Toyota's 20.4%.

Deliveries of battery electric vehicles (BEV) to the world's largest car market stood at 47,200 in the January-September period, up from 15,700 in the same period last year.

Lucid Motors is extremely well capitalized as it has the backing of the Saudi Public Fund.

Last month, 12 major foreign automakers urged Democrats to reject the proposed $4,500 tax incentive and have been lobbying lawmakers to reject the union incentive.

Musk's value majorly comes from his shares in Tesla but also SpaceX which is the rocket company that he founded.