This could get messy.
California is probably the most electric vehicle-friendly state in the country and its policies reflect that. You can hardly go five minutes without spotting a Tesla Model 3 on the road. The California Air Resources Board (CARB) has issued stricter emissions standards than the feds require for years and announced just last year that it ll be the first state to ban sales of new passenger vehicles with internal combustion engines beginning in 2035. Other states have since followed suit. The Golden State s trendsetting status could now potentially mean trouble for Tesla which is headquartered in California.
According to the LA Times, the EV automaker is currently under review by the California Department of Motor Vehicles over whether it intentionally mislead customers with claims of full self-driving capability. This $10,000 package, as Tesla finally admitted in March, is not rated at Level 5 but rather Level 2. As a refresh, self-driving is ranked on a scal
Production capacity has been reached.
Tesla has added yet another impressive achievement to its growing list of them. According to sources familiar with the matter who tipped off Electrek, the all-electric automaker has already reached production capacity for the second quarter despite the fact that there are still two months remaining in the business period. Until now, it was expected both the heavily updated Tesla Model S and Model X would experience production bottlenecks following a previous delay.
That s still apparently happening. But the report indicates both the Model 3 and Model Y are sold out through July 1, 2021, even though both continue to experience price increases.
We re talking at least 100 charging stalls.
General Motors owned the news spotlight over the past week following the reveal of the GMC Hummer EV SUV and the Silverado EV announcement. But there s a certain other automaker that continues to be a thorn in GM s side (and all other legacy brands). Tesla remains the global market EV leader and is expected to remain so for the foreseeable future. Earlier this week it added $50 billion to its value, now rated at $660 billion. To compare, GM is barely worth $90 billion. Tesla is unafraid of rivals and even welcomes them.
Another critical area where Tesla leads is charging infrastructure. It currently has 16,103 superchargers strategically located throughout the world, 908 of which are in the US. That number will soon increase to 918.