SimplyEV Announces Kimoa Acquired by Parent Company

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Tesla (TSLA) Quietly Increases Deposit Prices During AI Day

August 20, 2021 11:39 AM EDT

Teslas (NASDAQ: TSLA) CEO, Elon Musk, presented at yesterdays 2021 AI day event. One of the highlights of his presentation involved the companys announcement that it will begin working on humanoid robots for labor purposes. However, while the tech world was focused... More

Online Statement Defending NIO Inc. (NIO) Sparks Backlash; Autopilot Under Fire

August 19, 2021 1:53 PM EDT

An online statement signed by 500 NIO owners appeared in the chat room of the companys app Wednesday. The statement follows the death of a 31-year-old entrepreneur, Lin Wenqin, on August 12. Lin Wenqin was involved in a fatal crash while driving one of the companys ES8 sport-utility vehicles. The accident occurred while the autopilot function was turned on, NIO Inc. (NYSE:... More

U.S. Senators Call for Investigation of Tesla’s (TSLA) Advertising Practices

August 18, 2021 5:35 PM EDT

Following a series of Tesla (NASDAQ: TSLA) crashes, the company has become the subject of an investigation by U.S. safety regulators. U.S. Senators Richard Blumenthal (D-CT) and Edward Markey (D-MA), members of the Senate Commerce, Science, and Transportation Committee, authored a letter to FTC Chair Lina Khan today, voicing concerns surrounding Teslas advertising and marketing of its... More