Elon Musk’s Fortune Surpasses $700 Billion as Tesla Compensation Plan is Reinstated In a landmark week for the world’s wealthiest individual, Elon Musk has achieved a historic financial milestone, becoming the first person to surpass a net worth of $700 billion. This surge in fortune coincides with a Delaware court’s decision to reinstate his previously … Read more
The $700 Billion Valuation: How Elon Musk’s Wealth Signals a New Era of Space-Tech Dominance A staggering $700 billion. That’s the valuation now attributed to Elon Musk, a figure that not only surpasses any individual in history but also reveals a fundamental shift in where wealth is being created – and where it’s likely to … Read more
Jello Biafra’s 1989 Toyota Celica: A Piece of Punk History Up for Auction Forget dropping six figures on an electric vehicle. A genuine artifact of the East Bay punk scene – Jello Biafra’s personal 1989 Toyota Celica GT Convertible – is currently available to the highest bidder. This isn’t just a car; it’s a rolling … Read more
Tesla, BYD Dominate 2025 New Zealand Car of the Year Awards The automotive landscape in New Zealand is undergoing a significant shift, as evidenced by the results of the 2025 DRIVEN Car Guide AA Insurance NZ Car of the Year awards. Electric vehicles and innovative newcomers are challenging established norms, with Tesla and BYD emerging … Read more
Just 18% of Tesla owners are actively using or subscribed to Full Self-Driving (FSD), despite Elon Musk’s ambitious vision and the technology’s increasing capabilities. This startling statistic, highlighted by recent reports, isn’t a sign of technological failure, but a fundamental disconnect between what Tesla *builds* and what a significant portion of its customer base actually … Read more
Tesla’s Colombian Expansion: A New Era for Electric Vehicles in South America Bogotá is buzzing with electric anticipation as Tesla officially establishes a significant presence in Colombia. The move, heralded by President Gustavo Petro, signals a potential turning point for the adoption of electric vehicles (EVs) in the country and across South America. Initial reports … Read more
Rivian Automotive, the electric vehicle manufacturer, recently approved a substantial $4.6 billion compensation package for its founder and CEO, Robert “RJ” Scaringe. The plan, unveiled earlier this month, has drawn immediate comparisons to the landmark $1 trillion award granted to Tesla’s Elon Musk. Both packages are predicated on achieving ambitious performance goals over the next … Read more
Tesla Accelerates Shift Away From Chinese Components in US-Made Vehicles Amidst escalating geopolitical tensions and supply chain concerns, Tesla is reportedly intensifying its efforts to eliminate Chinese-made components from its vehicles manufactured in the United States. This strategic move signals a broader trend among automakers to diversify their supply chains and reduce reliance on single-source … Read more
Tesla Shifts Gears: Apple CarPlay Integration Reportedly on the Horizon In a stunning reversal, Tesla appears poised to integrate Apple CarPlay into its vehicles, ending years of resistance to the popular smartphone mirroring technology. Reports surfacing from drive.com.au, The Canberra Times, and PCMag Australia indicate that Tesla engineers are actively developing support for the system, … Read more
The Auto Industry’s Great Decoupling: Why China-Free Supply Chains Are Now a Strategic Imperative A staggering $13.8 billion in automotive parts were imported into the US from China in 2023. But that number is poised for a dramatic decline. Recent reports indicate that Tesla is now requesting suppliers exclude components manufactured in China for vehicles … Read more