Author: john@provenroi.com

Tesla shareholders will have the opportunity to vote this fall on whether the company should make a strategic investment in xAI, Elon Musk’s rapidly growing artificial intelligence startup. The proposal, outlined in Tesla’s recently filed 2025 proxy statement, will be presented to shareholders at the annual meeting on November 6. The decision to put the proposal directly to investors came after multiple shareholder proposals were submitted earlier in the year. The proxy statement includes a specific proposal requesting that the Board of Directors authorize an investment in xAI to capitalize on the synergies between the two companies and strengthen Tesla’s…

Tesla Opens Orders for Model Y Performance in Australia and New Zealand – Drive Tesla Tesla Opens Orders for Model Y Performance in Australia and New Zealand Tesla enthusiasts in Australia and New Zealand have a reason to celebrate as the electric car manufacturer has officially launched the Model Y Performance in these regions. The top-of-the-line Model Y variant, known for its impressive performance and features, was first introduced in Europe and the Middle East last month. According to Tesla’s Design Studio, the Model Y Performance offers a blend of speed, style, and technology that sets it apart from other…

Porsche and Audi gain access to Tesla’s Supercharger network in North America Porsche and Audi have announced their electric vehicle (EV) owners will soon have access to Tesla’s Supercharger network. Beginning September 9, Porsche drivers will be able to plug into more than 23,500 Tesla Superchargers across North America. This move marks a significant development in the electric vehicle industry, as it demonstrates a willingness among different automakers to collaborate and provide convenience for EV drivers. By allowing Porsche and Audi owners to use Tesla’s extensive Supercharger network, it eliminates the need for separate charging infrastructure and promotes a more…

Tesla’s board has put forth an ambitious proposal for a new compensation package for CEO Elon Musk that could potentially make him the world’s first trillionaire and elevate Tesla to new heights in terms of valuation. The proposed 2025 CEO Performance Award, as detailed in a recent securities filing, outlines a plan that could see Musk earn up to $900 billion in Tesla stock if the company manages to achieve a series of challenging performance and valuation targets. Shareholders are set to vote on this proposal at the upcoming annual meeting scheduled for November 6. One of the most striking…

Elon Musk, the world’s richest man and CEO of Tesla, is in the spotlight once again for his extravagant pay package. Tesla recently disclosed its plan to award Musk with another trillion dollars if he meets certain performance targets. Yes, you read that right – a trillion dollars, which is equivalent to the GDP of the entire Netherlands. This news comes after a Delaware judge rejected a previous $100 billion pay package for Musk, citing flawed negotiations and weak oversight by Tesla’s board. However, Musk was not left empty-handed as the company awarded him 96 million restricted shares valued at…

Tesla has officially launched the refreshed Model Y Performance in Australia and New Zealand, following its recent debut in Europe. The new Model Y Performance is now available for order in both countries through Tesla’s online configurator, with deliveries expected to begin in December 2025. In Australia, the starting price for the new Model Y Performance is $89,400 AUD, while in New Zealand, it begins at $100,900 NZD. The updated performance SUV boasts a 0-60 mph time of 3.3 seconds, an improvement over the previous model, and offers an estimated 308 miles of EPA-estimated range. The latest enhancements include redesigned…

BMW Unveils the First Electric Vehicle on Neue Klasse Platform: The 2026 iX3 BMW has taken a bold step in the electric vehicle market by introducing the all-new iX3, the first EV on its innovative Neue Klasse platform. This electric vehicle is a game-changer, boasting impressive specs that set it apart from its predecessors and competitors. The iX3 is estimated to have a range of 400 miles and can add 230 miles of range in just 10 minutes of fast-charging. With almost 500 horsepower and a zonal architecture, the iX3 promises exceptional performance and efficiency. Production of the iX3 will…

Amazon’s satellite internet service, Project Kuiper, recently showcased impressive gigabit-level download speeds in a new demo, signaling its intention to compete with SpaceX’s Starlink. In a demonstration shared by Project Kuiper head Rajeev Badyal on LinkedIn, the service achieved an impressive 1,289 Mbps on Ookla’s Speedtest.net. This milestone was made possible using Kuiper’s enterprise-grade customer terminal, which Amazon has specifically designed to support 1 Gbps connections. While the company’s standard dish is expected to reach a maximum of 400 Mbps, similar to Starlink’s current consumer hardware capabilities. However, it’s important to note that the demo does not reflect real-world conditions.…

Tesla Improves Safety with OTA Update Enhancing Airbag Deployment Tesla is once again proving its commitment to vehicle safety through innovative software updates. The latest software release, version 2025.32.3, includes a significant enhancement to the airbag deployment systems in Model 3 and Model Y vehicles. This update is a testament to Tesla’s continuous efforts to improve safety features and protect its drivers and passengers. Enhanced Airbag Deployment The OTA (Over-The-Air) update introduces a major improvement to the airbag systems of Tesla vehicles. The update fine-tunes the deployment algorithm to ensure even faster and more precise airbag activation in the event…

Electric vehicles (EVs) are gaining popularity for their environmentally friendly nature and cost-saving benefits. However, one common concern among EV owners is how to pass the time while waiting for their vehicles to charge. TikTok user Charline recently shared her unique solution to this issue, showcasing a fun and engaging way to make the most of the charging time. In a video posted on TikTok, Charline and a friend are seen playing a catch-and-toss game with paddles while waiting for her EV to charge in a Luxembourg parking lot. The on-screen text reads, “POV: You drive an electric car,” indicating…