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  1. News from Drive Tesla Canada
    Government of Canada invests $1 million to bring up to 200 EV chargers to the Yukon The Government of Canada has announced a $1 million investment to bring up to 200 new electric vehicle (EV) chargers to the far northern parts of the country. Funded through the Natural Resources Canada's...
  2. News from Drive Tesla Canada
    Elon Musk Foundation donates $2.5 million to Brownsville Independent School District Tesla CEO Elon Musk has donated more than $2.5 million to the Brownsville Independent School District (BISD) in Texas. The donation was made through his charitable organization, the Musk Foundation. District...
  3. News from Drive Tesla Canada
    Tesla's $137 million racism verdict is exceptionally high says judge A judge signaled that he would probably cut a jury's award of $137 million in damages to a former Tesla contract worker. The suit circles around racial abuse at Tesla's Fremont plant. In October, the jurors in a San...
  4. News from Drive Tesla Canada
    SpaceX wins $102 million US Air Force contract The United States Air Force awarded SpaceX a $102 million five-year contract to demonstrate point-to-point space transportation. The contract is meant to fund the demonstration of technologies and capabilities to transport military cargo and...
  5. News from Drive Tesla Canada
    Government of Canada investing $2 million to bring 260 EV chargers to Alberta The Government of Canada is expanding their investments in electric vehicle (EV) infrastructure into Alberta. Funded through the Natural Resources Canada's Zero-Emission Vehicle Infrastructure Program (ZEVIP), the...
  6. News from Drive Tesla Canada
    Government of Canada investing $2 million to bring 300 new EV chargers to Ontario The Government of Canada announced this morning a large investment to bring more electric vehicle (EV) chargers to the province of Ontario. Funded through Natural Resources Canada's Zero-Emission Vehicle...
  7. News from Drive Tesla Canada
    SpaceX raises over $337 million in fresh funding SpaceX raised over $337.4 million in equity financing, according to a regulatory filing. The company did not provide any other details about this latest round of investing. However we do know that SpaceX counts Alphabet Inc and Fidelity...
  8. News from Drive Tesla Canada
    New York City to invest in $420 million in EVs and infrastructure The City of New York is investing $420 million to electrify its municipal vehicle fleet. The investments include electric vehicles, charging infrastructure and alternative fuels. The new investment is the largest ever investment...
  9. News from Drive Tesla Canada
    Elon Musk completes Tesla (TSLA) stock sale Elon Musk has completed his sale of Tesla (TSLA) shares, a process which started after the CEO asked his Twitter followers if he should sell 10% of his shares in the automaker. On Tuesday night Musk exercised his final stock option on 1.554 million...
  10. News from Drive Tesla Canada
    NEV market could rise to 30% of all auto sales in China by 2025: Report Chinese consumers are increasingly choosing battery-electric and hybrid vehicles (new-energy vehicles, or NEVs) over internal combustion engine (ICE) cars. From January to November this year, more than 2.99 million NEVs...
  11. News from Drive Tesla Canada
    Hamilton invests in $9.5 million in green fleet strategy The City of Hamilton approved their 2022 capital budget, which included a $9.5 million commitment for the green fleet strategy. The strategy consists of sweeping changes to investments, fleet vehicles and EV infrastructure. The green...
  12. News from Drive Tesla Canada
    Nikola settles with US SEC for $125 million On Tuesday, Nikola settled with the US Securities and Exchange Commission (SEC) over federal security law violations. The company will pay a penalty of $125 million. The SEC noted that Nikola violated the federal securities law's antifraud and...
  13. News from Drive Tesla Canada
    Canada's iZEV rebate program topped up with another $73 million in Fall Economic Statement 2021 Canada's iZEV rebate program has been topped up with more money in the government's Fall Economic Statement 2021. According to the report, Transport Canada will be receiving another $73 million for...
  14. News from Drive Tesla Canada
    Up to 350 EV chargers coming to Ottawa through $2 million investment from the Government of Canada There are going to a lot more electric vehicle (EV) chargers added to Canada's capital city over the next two years. Thanks to a $2 million investment from the Government of Canada, up to 350 EV...
  15. News from Drive Tesla Canada
    CyberLandr reaches 2,000 pre-orders, good enough for $100 million in retail value Pre-orders for the CyberLandr, a Cybertruck camper that doesn't have a single prototype built for a truck that we don't even know the final design of, has reached $100 million in retail value. With a price tag of...
  16. News from Drive Tesla Canada
    Over $300 million worth of Tesla Megapacks waiting to be delivered at Giga Nevada Tesla's Giga Nevada factory looks like it is producing mass amounts of Megapacks. A photo that surfaced yesterday on Twitter showed the factory with over $300 million of the battery packs ready for shipment. As...
  17. News from Drive Tesla Canada
    Trevor Milton has cashed out $284 million of Nikola (NKLA) stock since being charged with fraud Even though he was forced to resign earlier this year, Trevor Milton was able to retain his shares in the company he founded, Nikola Corp. It turns out that was a good deal. Milton has now cashed...
  18. News from Drive Tesla Canada
    JPMorgan suing Tesla for $162.2 million JPMorgan Chase and Co are suing Tesla for $162.2 million. JPMorgan alleges that Tesla broke a contract related to stock warrants following Musk's 2018 tweet about potentially taking Tesla private. The complaint, filed in Manhattan federal court, notes...
  19. News from Drive Tesla Canada
    Nikola sets aside $125 million to pay SEC for Trevor Milton's misdeeds Nikola Corp. is expecting to pay a lot of money to the U.S. Securities and Exchange Commission (SEC) to settle the ongoing case against founder Trevor Milton. On Thursday the company announced it has reserved $125 million...
  20. News from Drive Tesla Canada
    Nofar Energy orders additional 200MW of battery storage from Tesla worth $54 million Israel's Nofar Energy is expanding their relationship with Tesla Energy by ordering another 200 megawatts (MW) of Megapack battery energy storage systems. The agreement, worth $54 million, is the second one...
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