Elon Musk confirmed through a new SEC filing that he secured $46 billion in financing to make a tender offer to Twitter, but he will likely need to negotiate with the social media’s board after they adopted a poison pill defense. This time, it is truly “funding secured.”
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Electric cargo bikes, which are essentially normal electric bicycles with stretched frames for carrying more gear or passengers, are becoming increasingly popular as car alternatives in the US.
The post Europeans already love electric cargo bikes, and now Americans are embracing these low-cost car alternatives appeared first on Electrek.
Elon Musk’s The Boring Company announced that it has raised $675 million in a new funding round valuing the company at $5.675 billion. It plans to use the funds to build many new boring machines and dig tunnels under more cities.
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During Tesla’s Q1 2022 earnings call, Elon Musk was asked to share data that show progress with Tesla’s Full Self-Driving (FSD) Beta program. Instead of sharing this data, however, the CEO suggested that people wanting to assess the progress of Tesla FSD should just “join the Beta,” which requires buying the controversial $12,000 package.
The post Elon Musk boldly says to join Tesla’s $12K FSD to find out how it is doing when asked to share data about progress appeared first on Electrek.
Following a shadowy teaser video earlier this month, Lincoln has officially unveiled a new all-electric SUV concept called the Star. During the global debut event in Los Angeles this evening, Lincoln shared its future electrification plans, explaining the Star Concept represents the brand’s vision for three Lincoln EVs arriving by 2025 and a fourth in 2026. A source close to the matter also let us know some of the new EV models Lincoln has planned.
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
The post Quick Charge Podcast: April 20, 2022 appeared first on Electrek.
Reading, Pennsylvania-headquartered Penske Truck Leasing has ordered 750 electric Ford E-Transit cargo vans and is taking delivery of the first of those EVs in the next several weeks. This follows Penske’s successful pilot of the EVs in late 2022.
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Elon Musk released more details on Tesla’s upcoming dedicated robotaxi electric car that he announced at Cyber Rodeo earlier this month.
The vehicle will focus on cost per mile and Tesla is aiming to reach volume production of the new vehicle in 2024. Musk said that Tesla is going to provide “by far the lowest cost per that customers have ever experienced”.
The post Elon Musk releases more details on Tesla’s upcoming robotaxi electric car: ‘will cost less per mile than bus ticket’ appeared first on Electrek.
Audi has unveiled its third EV in its sphere concept series, the latest arriving as the German automaker’s largest to date. The Audi urbansphere concept offers a glimpse into a future of electric mobility in which our vehicles are more of a lounge, or “mobile office,” than a mere vessel for transportation.
The post Audi shares new extra-thicc urbansphere concept described as a ‘lounge on wheels’ appeared first on Electrek.
The US Department of Energy (DOE) yesterday issued a request for information (RFI) to support $84 million in enhanced geothermal systems (EGS) pilot demonstration projects. It’s part of the Biden administration’s Bipartisan Infrastructure Law, which passed last year.
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