Electrek

Electrek is a news platform that focuses on the shift from fossil fuel vehicles to electric ones, along with the clean energy ecosystems that support this change. This site is part of the 9to5 network, which also features 9to5mac.com, 9to5Google.com, and 9to5Toys.com. Seth Weintraub, the creator and publisher of the 9to5 network, founded Electrek and frequently writes for the site.

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VW ID.UNYX 06 gets next-gen software, LFP batteries, and $20,560 price tag

1 day ago | electrek.co | Jo Borrás

If you thought Tesla was having a bad time in China before, it just got worse. Volkswagen has released an updated version of its ID.UNYX 06 electric crossover in China with a freshened interior, upgraded software, and a starting price equivalent to just $20,560 that’s bound to steal even more sales from Tesla’s slow-selling Model Y.
Buick ELECTRA GS – GM brings back the best name in the EV business

1 day ago | electrek.co | Jo Borrás

Dodge Charger. Ford Lightning. Some historic car names are just begging to be brought back as new-age electric vehicles, but the best one has always been the Buick Electra – and now, it’s back. Meet the all-new Buick ELECTRA GS concept. It’s hard to draw a direct line between this new-age concept, which made its debut earlier today in Shanghai, and the OG 1959 Buick Electra.
Commercial financing for EVs is way different than you think

1 day ago | electrek.co | Jo Borrás

No matter how badly a fleet wants to electrify their operations and take advantage of reduced fuel costs and TCO, the fact remains that there are substantial up-front obstacles to commercial EV adoption … or are there?
Here are all the crazy claims Elon Musk made about Tesla self-driving today

1 day ago | electrek.co | Fred Lambert

Elon Musk said Tesla’s self-driving will start contributing to the company’s profits… wait for it… “next year” with “millions of Tesla robotaxis in operation during the second half of the year.”The claim has become a running joke, as he has made it for the last decade. During Tesla’s conference call following the release of its Q1 2025 financial results, Musk updated shareholders about Tesla’s self-driving plans, which he again presented as critical to the company’s future.
Tesla (TSLA) begins to shy away from growth guidance after terrible quarter

2 days ago | electrek.co | Fred Lambert

Tesla (TSLA) is no longer confidently stating growth in its automotive business for 2025, and it has delayed updating its guidance until the next quarter after a disappointing performance in the first three months of the year. 2024 was Tesla’s first year in a decade where its vehicle deliveries went down year-over-year.
Tesla (TSLA) Q1 2025 financial results: missed big on already terrible expectations

2 days ago | electrek.co | Fred Lambert

Tesla (TSLA) released its financial results and shareholders’ letter for the first quarter (Q1) and full-year 2025 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. As we reported in our Tesla Q1 2025 earnings preview yesterday, the Wall Street consensus for this quarter was $21.345 billion in revenue and earnings of $0.41 per share.
State treasurers ask Tesla's board (TSLA) to do its job and reign in Elon Musk

2 days ago | electrek.co | Fred Lambert

Tesla (TSLA) board members have received a wake-up call letter from eight state treasurers, asking them to fulfill their duties and supervise the company’s CEO, Elon Musk. Will they ignore this warning as well? There have been concerns about Tesla’s board sleeping at the wheel for a while now.
Billionaire battle: Bezos' $25K Slate EV breaks cover ahead of Tesla earnings call

2 days ago | electrek.co | Jo Borrás

Little is known about super-secretive EV startup Slate, but the fledgling brand is rumored to be backed by Jeff Bezos and determined to shake up the existing electric order with an affordable lineup of compact SUVs and pickups with that golden $25,000 price tag. Now, at least, we know what it’s gonna look like. The battle of the billionaires is on!Redditor jonjopop over at the spotted subreddit spotted what looks like an early prototype of an unbranded SUV with bizarre “CryShare” wrap.
Tesla Q1 2025 earnings preview: it's going to be a messy one

2 days ago | electrek.co | Fred Lambert

Tesla (TSLA) will release its Q1 2025 financial results today, Tuesday, April. 22, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results. Here, we’ll look at what the street and retail investors expect for the quarterly results. CEO Elon Musk and his loyal shareholders often claim that Tesla is now an AI/Robotics company, but the truth is that the company’s automotive business still drives the vast majority of its financial performance.
Tesla settles another wrongful death lawsuit that has big implications

2 days ago | electrek.co | Fred Lambert

Tesla has settled another wrongful death lawsuit, and it has significant implications based on Tesla’s legal strategy of not settling unless it is at fault. Admitting a mistake is difficult. We humans are not good at it, which is why I respected Elon Musk when he said that Tesla wouldn’t seek victory in “just” legal cases against it and would “never settle an unjust case” against the company:We will never seek victory in a just case against us, even if we will probably win.