Author: john@provenroi.com
Tesla’s January Sales Slowdown: What’s Behind the Numbers Tesla’s January sales figures have raised concerns among industry watchers, particularly in Europe. However, according to Tesla observer Roland Pircher, the dip in sales can be attributed to production timing and model transitions rather than a decline in demand. In Europe, the Model 3 is imported from China, and Tesla typically ships cars at the start of the quarter. With shipping times of 4-5 weeks, most new deliveries have not yet arrived, resulting in Tesla selling from existing inventory. Additionally, Tesla is in the process of upgrading the Model Y to the…
European Entry-level EV Previewed; Expected to Start Below $21,000 as ID.1 Nine New Models Announced by 2027, Including ID.2all, Electric Golf, Electric T-Roc Crossover Uncertainty Over U.S. Availability of Volkswagen’s New EV Lineup Volkswagen is looking towards a future focused on its core brand, bringing back affordable small cars, particularly for the European market. Recently, VW unveiled plans for an entry-level, fully electric small car set to be priced at less than $21,000 (around 20,000 euros) by 2027. While the model was previewed to employees, the public will get a first look at the entry EV in early March. The…
President Donald Trump’s Department of Transportation has recently made a significant decision regarding the National Electric Vehicle Infrastructure (NEVI) program, which funds the deployment of electric vehicle charging infrastructure across the United States. In a letter addressed to state transportation departments, the Federal Highway Administration (FHWA) announced the suspension of approval for state plans to deploy charging infrastructure under the $5 billion NEVI program. States are required to submit plans to the FHWA outlining how they intend to utilize the NEVI funds ahead of each fiscal year. The FHWA had previously approved the first four years of state plans for…
Quebec Takes Steps Towards Developing Canadian-Owned Satellite System Quebec has been at the forefront of bringing high-speed internet to remote areas by signing a $130 million deal with Elon Musk’s Starlink three years before Ontario. However, the province is now looking to reduce its reliance on Musk’s network by developing a Canadian-owned satellite system. Gilles Bélanger, Quebec’s lead on connectivity projects, recently stated that the province is exploring the possibility of creating its own satellite network to address the issue of connectivity in hard-to-reach areas. While Quebec acknowledges the need for reliable satellite launchers, it currently lacks the infrastructure to…
Tesla has recently unveiled some exciting new features on the latest Model Y “Juniper” during an interview at one of its Northern California showrooms. Nathan Di Giusto, the Tesla Vehicle Engineering Head for the 3/Y platform, and Emmanuel Lamacchia, the Model Y’s Program Manager, shared insights with Tesla Owners Silicon Valley regarding the design changes and efficiency improvements made to the new Model Y. The company made significant design changes to enhance the overall experience of the Model Y. Some of the key design modifications include the removal of the ‘T’ logo from the vehicle, the implementation of new rear…
Tesla goes back to original Foundation Series Cybertruck pricing in Canada Tesla has made another pricing adjustment for the Foundation Series Cybertruck in Canada. This time the company has reverted back to its original pricing just one day after increasing it. The unexpected price hike, which caused confusion among potential buyers, has now been reversed. It was just yesterday that Tesla announced a price increase for the Foundation Series Cybertruck in Canada, citing rising production costs and inflation as the reason for the adjustment. The price hike was met with mixed reactions from customers, with some expressing disappointment over the…
The U.S. EV charging network Ionna is rapidly expanding its infrastructure as it aims to fulfill its commitment of installing tens of thousands of electric vehicle chargers within the next five years. In a recent press release, Ionna announced its transition from public beta to a full-scale national release after successfully opening its first location and completing a testing program in 2024. The testing program involved over 4,400 charging sessions with a variety of EV models, delivering nearly 63,000 kwh of energy. Ionna emphasized that the goal was to rigorously test the network’s capabilities before focusing on its expansion. Initially…
Elon Musk’s recent $44 billion investment in acquiring Twitter may not have been his worst business decision after all. According to a report from The Wall Street Journal, investors are now showing a keen interest in the social media platform. The report reveals that banks successfully sold $5.5 billion in debt backed by Twitter on Wednesday. Initially, the banks had planned to sell around $3 billion at 95 cents on the dollar. However, due to high demand from investors, the deal was upsized, and the loans were ultimately bought at 97 cents on the dollar. These floating-rate debts carry an…
The automotive industry in the United States is an ever-evolving landscape, with various brands vying for consumer attention and market share. One interesting trend that emerged last year was the surprising success of Chinese-built cars in comparison to British-built cars. Despite the absence of any truly Chinese brands in the U.S. market, Chinese-built cars from brands like Buick, Lincoln, Volvo, and Polestar managed to outsell all cars built in the U.K. This achievement is even more remarkable considering the 25% import tariff that Chinese-built cars were initially subjected to, which later increased to 100% under the Biden administration. On the…
Tesla continues to make strides in the development of its humanoid robot, Optimus, as the company recently posted 68 job openings related to this project in various locations across the United States. These job postings indicate that Tesla is actively working towards the release of Optimus and is looking to expand its team to support this initiative. The job openings for Optimus-related roles are spread across different Tesla locations, including Draper, Utah; Palo Alto, California; Fremont, California; Sparks, Nevada; and Austin, Texas. Among these job postings, three internship positions for the summer of 2025 have been listed, including roles for…