Poor resale values of EVs are a problem for the industry, warn experts

Drivers charge their Teslas in Fountain Valley, California, on March 20, 2024. Jeff Gritchen | Medianews Group | Getty Images A car loses value as soon as you drive it off the lot, but electric vehicles are taking this adage to a new level. That’s becoming a major barrier to wider adoption, according to some … Read more

Tesla (TSLA) Q1 2024 delivery report shows 8.5% drop

Tesla on Tuesday published its first-quarter vehicle production and deliveries report for 2024 that showed deliveries fell 8.5% from the year-ago quarter and about 20% from the fourth quarter. Here are the key numbers: Total deliveries Q1 2024: 386,810Total production Q1 2024: 433,371 Vehicle production declined 1.7% year over year and 12.5% sequentially for Tesla. Shares dropped … Read more

Man Falsely Blamed for Mass Shooting in Kansas City Sues Congressman Over Tweet

A man from suburban Kansas City was falsely accused in social media posts of being a mass shooter at the Super Bowl parade for the Kansas City Chiefs last month. And now that man has filed a defamation lawsuit against Tim Burchett, a Republican congressman from Tennessee, who helped spread the inaccurate claim, according to … Read more

BYD Seagull EV puts global auto execs, politicians on edge

A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images LIVONIA, Mich. – A small electric vehicle is having a big impact on the global automotive industry. It’s not the EV itself … Read more

Zuck Just Entered the Fediverse: Here’s What That Means

Mark Zuckerberg made his first post in the “fediverse” on Thursday. If you have no idea what the hell that means, join the club. The fediverse is a relatively new concept for social networking, and Threads became the largest member of it this week. Millions of Threads users will soon be able to opt in … Read more

Zuckerberg Swiped Elon’s Big Swiping Idea

Mark Zuckerberg began testing a horizontal swiping feature on Wednesday for his pet project, Threads, the app whose main purpose seems to be trolling Elon Musk. The feature appears to be something Musk tweeted about two weeks ago, noting that he’s wanted to add it to X for the last year. Threads Needs These Five … Read more

SpaceX Working on Hundreds of Swarming Spy Satellites for U.S. Intelligence Agency

SpaceX is working with the National Reconnaissance Office to build a classified system of swarming spy satellites, according to a report published by Reuters. And while the $1.8 billion contract was reportedly signed in 2021, news of the program’s ties to NRO just leaked on Saturday—a great reminder that it’s entirely possible for some tech … Read more

Everything We Noticed During Starship’s Remarkable Third Test Flight

Screenshot: SpaceX The Starship upper stage continued on its journey through space, attaining, for the first time, an orbital velocity exceeding 16,156 miles per hour (26,000 kilometers per hour). Technically, Starship didn’t achieve Earth orbit (that wasn’t the plan), but its velocity was within the ballpark of the speed needed for it to maintain a … Read more

How Tesla became the top-selling car company in Norway

Norway has had massive success with EV adoption — 82% of new cars sold in the country in 2023 were electric, according to the Norwegian Road Federation. This high adoption rate can be attributed to the generous subsidies the Scandinavian country has offered to electric vehicle owners as well as its investment in charging infrastructure. … Read more