Author: Sofia

Tesla opened $30 billion in lines of credit according to a regulatory filing today. The loans come as company profits have dropped in recent years, and as Tesla guides for more spending in upcoming quarters. For its first decade and a half of operation, Tesla sales and revenue basically did nothing but increase. The company grew and grew, at a rapid rate, and justified basically any money spent on chasing more growth with what seemed like near-infinite demand as it scaled. That lasted until 2024, when Tesla went from 38% growth the prior year to a 1% drop in 2024.…

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Alfa Romeo is set to unveil a new concept car at the 2026 Paris Motor Show. The new model, which was teased earlier, now has a name. It’s called the Alfa Romeo Cuorerosso. According to the company, the name encapsulates the deepest essence of the brand by uniting two symbols inextricably linked to Alfa Romeo. Red stands for passion and is an unmistakable part of the Alfa Romeo imagination. The heart forms the source of that same energy and symbolizes the intense bond between every creation of the brand, the Biscione, and its drivers. The teaser image shows a sculpted…

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As Amazon’s early fall Prime Day deals are in full swing, we have a bunch of Amazon deals being led by the Mango Prime Fall Sale with up to 72% discounts on its Power E bundles, like the 14kWh setup with 2x Power E CATL stations, 2x batteries, and an mSocket Pro at its $4,199 2026 low. Right behind that is Segway’s Navimow i105N Robot Lawn Mower at its $669 annual low, as well as a roundup of Tapo security devices starting from $32, like the C660 4K Wireless Outdoor Solar Security Camera at its $107 low. There’s also a…

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Tesla (NASDAQ: TSLA) showrooms have been picked clean ahead of the end of the third quarter of the year, as demand looks to be strong and delivery estimates for new vehicles are pushed into late 2026 and early 2027. Tesla appears to have sold out of many of its Model 3 and Model Y trim levels in the United States, as only the Model Y RWD and Model Y All-Wheel-Drive are available for delivery before the end of the year. Additionally, many showrooms are either completely empty or void of all but just one demo unit within the buildings themselves…

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Hyundai has officially launched the Ioniq V in China, starting for a limited time at under $15,000 – a budget EV, but without budget specs. The Chinese rollout comes ahead of a planned global launch. But, as usual, if you’re reading this from America, you can’t have it. The Ioniq V debuted just five months ago at the Beijing Auto Show (just weeks after its concept reveal), with a shockingly angular design, looking like a low-polygon version of the new Toyota Prius. It’s the beginning salvo in Hyundai’s 20-model planned entry into the crowded Chinese EV market, and the rest of the vehicles…

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Ahead of its highly anticipated unveiling, Tesla’s upcoming Roadster received a new patent that aims to keep it grounded while enabling white-knuckle speeds. The patent, which was granted on September 29, is titled “Electric Car Fan,” bluntly stating its design but not its purpose, which is further detailed in the text of the application. Interestingly, it comes two weeks before the Roadster event, which was delayed due to unfavorable weather on Thursday, which could cause issues, as Tesla revealed the event must be held outdoors. 🚨 The design uses electrically driven ducted fans, typically shown as a row of four…

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Hyundai may tune its simulated gears to provide realistic engine braking. Models like the Hyundai Ioniq 5 N and Genesis GV60 Magma prove EVs can be fun. There’s no word on which EV from Hyundai could be the first with this tech. After Hyundai pioneered the use of a simulated transmission in its high-performance EVs, and has nearly perfected an ICE-inspired soundtrack in them, too, one may have expected engineers at the brand to kick up their feet and let the rest of the industry play catch-up. As it turns out, they’re looking to make driving an EV even more…

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