Author: john@provenroi.com
SpaceX’s Starlink is stepping up to help Canadians affected by ongoing wildfires by offering one month of free internet service. The company announced that existing active customers in impacted regions have been automatically credited, with no action required on their part. Additionally, those who had previously cancelled or paused their service will also receive a credit equal to their old plan, which they can utilize by reactivating their account. New customers in wildfire zones can also benefit from this offer by contacting support after purchasing a kit to receive free service through July 5, 2025. Moreover, individuals whose Starlink equipment…
Goldman Sachs analysts have recently made a downward adjustment to Tesla’s price target, reducing it from $295 to $285 while maintaining a Neutral rating. The reason behind this decision is attributed to weaker sales performance across key markets, causing Tesla’s shares to trade at $284.70, reflecting a nearly 18% decrease over the past week. The analysts highlighted declining sales data in the United States, Europe, and China as the primary factors influencing the revised outlook. In the U.S., Tesla’s deliveries through May saw a year-over-year decline in the mid-teens, according to data from Wards and Motor Intelligence. Similarly, in Europe,…
Tesla has just announced a new limited-time promotion for Cybertruck buyers in the United States – 0% APR financing for 60 months. This exciting offer comes with a catch, however. In order to qualify for the 0% financing, buyers must also purchase the Full Self-Driving (FSD) package, which is currently priced at an additional cost. The Cybertruck, Tesla’s highly anticipated all-electric pickup truck, has been generating a lot of buzz since it was first unveiled. With its futuristic design and impressive performance capabilities, the Cybertruck has captured the imagination of consumers and industry experts alike. Now, with this new financing…
Tesla CEO Elon Musk recently outlined the company’s strategy for developing batteries from scratch in the United States, aiming to reduce its reliance on Chinese materials. This move sets Tesla apart from other automakers who heavily rely on foreign suppliers. Under the Trump Administration, there has been a push for American-made products and sourcing materials from domestic companies. Tesla’s goal is to decrease its dependence on foreign markets, particularly China, by producing key components like batteries locally. This shift is expected to boost the U.S. economy by creating more jobs and enhancing national security. Analyst Alexander Potter from Piper Sandler…
With the ability to retrofit the new, softer suspension onto the older Model 3, owners now have a cost-effective solution to improve ride comfort. The original Tesla Model 3, although a great car overall, suffered from a stiff suspension that made long drives on bumpy roads less pleasant. However, with the introduction of the refreshed Model 3 in 2023, Tesla addressed this issue by redesigning the dampers, springs, and bushings for a smoother ride. Owners of the older Model 3 can now purchase a set of front shocks and springs, along with rear shocks, from Tesla for around $600. By…
U.S. President Donald Trump is reportedly contemplating parting ways with his red Tesla Model S Plaid, a car he purchased earlier this year in a show of support for Elon Musk. According to a senior White House official who spoke to Barron’s, Trump is considering either selling or giving away the high-performance electric sedan. As of Friday morning, the car was still parked at the White House. Trump’s decision to purchase the Tesla back in March came after a public event with Musk, where he stood alongside the Tesla CEO and his son X, praising the vehicle as a “great…
Tesla CEO Elon Musk has outlined the company’s strategy for developing batteries domestically, aiming to reduce reliance on Chinese materials and prioritize U.S.-built products. As the Trump Administration emphasizes sourcing materials from American companies, Tesla is leading the way in creating a more self-sufficient supply chain. The goal is to strengthen the U.S. economy by creating more jobs and decreasing dependence on foreign markets, particularly China, for crucial components like batteries for cars and tech products. Analyst Alexander Potter notes that Tesla is the only car manufacturer striving to scale up battery production without relying on Chinese suppliers. The company…
BMW has made a significant announcement regarding their South Carolina plant, which is currently the largest U.S. automotive exporter by value. The plant will now be responsible for assembling the all-electric versions of the X5 and X7 SUVs, known as the iX5 and iX7. This move is part of BMW’s strategy to transition into the electric era while maintaining their stronghold in the SUV market. The decision to produce electric SUVs in South Carolina is not just about manufacturing efficiency. It is also a strategic move to shield BMW from the ongoing tariff chaos that has been affecting the automotive…
Tesla has recently announced a new promotion in China that will run from June 5 to June 30, 2025. This promotion offers customers and referrers extra incentives on various Tesla models, including the Model 3, Model Y, and other vehicles in the S3XY series. Customers who place a new order and take delivery by the end of June will receive an ¥8,000 paint option credit. This credit can be used towards optional color upgrades beyond the standard paint choices available for the vehicles. In addition to this, customers who refer new buyers during this promotional period will receive 800 Tesla…
Tesla tops imported car sales in South Korea for the first time thanks to launch of new Model Y Tesla has achieved a significant milestone in South Korea, becoming the top-selling imported car brand in the country for the first time since entering the market. According to May 2025 data from the Korea Automobile Association, Tesla’s success can be attributed to the launch of the new Model Y. The Model Y, which is Tesla’s compact SUV, has quickly gained popularity in South Korea since its introduction. With its sleek design, impressive performance, and advanced technology features, the Model Y has…