Waved Away: Tesla to cut 10 percent of jobs based on Musk’s ‘super bad feeling’

Toronto, Ontario — About 10,000 people are expected to lose their jobs because their billionaire CEO has a “super bad feeling” about the economy. You could probably guess who we’re talking about already. In an email to Tesla executives obtained by Reuters, Elon Musk said he wants to “pause all hiring worldwide” and layoff 10 […]

Goodbye, Sweatpants: Tesla CEO Elon Musk condemns remote work in leaked email

Toronto, Ontario — A leaked email signalled a change in Tesla’s practices: work in person, or work elsewhere. “Anyone who wishes to do remote work must be in the office for a minimum of 40 hours per week,” said Tesla CEO Elon Musk in an email to the company’s executives on May 31. Ostensibly, the […]

Tuesday Ticker: May 3, 2022

Toronto, Ontario — This week, LKQ beats out analyst estimates with its Q1 2022 earnings report; Volkswagen considers Canada for future electrified business and Tesla CEO Elon Musk makes a deal to buy Twitter. LKQ’s leap LKQ reported its Q1 2022 earnings last week, beating out analyst estimates with earnings of US$1 per share. Zacks […]

Tuesday Ticker: April 19, 2022

Toronto, Ontario ⁠— It’s all about automakers in this weekly Tuesday Ticker as electric vehicle stocks are shocked as analysts fret about potential Chinese COVID restrictions; Toyota delivers less-than-surprising news regarding its May 2022 production outlook and Elon Musk continues to worry investors about his mission to buy Twitter. Electric hiccups Electric vehicle stocks saw […]

Tonal Trifecta: new colours for Model Y Tesla vehicles, 2022

Austin, Texas — Tesla CEO, Elon Musk has confirmed two new colours in production for electric vehicles from the newly opened Tesla Gigafactory Berlin, namely Deep Crimson Multicoat and Mercury Silver Metallic. During the factory’s opening ceremony, Musk said the crimson would consist of 13 layers or more, while the silver finish would have eight […]

New Driver, Caution: self-driving Teslas in Canada by Feb. 25, says Musk

UPDATE: As of March 14, 2022, Drive Tesla Canada reports there have been no known Full Self-Driving beta downloads in Canada. Toronto, Ontario — Elon Musk confirmed that 60 self-driving cars in Canada were being tested by Feb. 25, marking the first expansion of Tesla’s self-driving beta outside the United States. “Hoping to go wider […]

EV/AV Report: January 31, 2022

Toronto, Ontario – In this week’s electric and autonomous vehicle report, the federal government invests half-a-million dollars into EV awareness campaigns in Ontario, Tesla is putting a priority on output this year and a Quebec recycler has secured funding for a recycling plant in the province. EV Exposure The federal government announced that they have […]