Elijah Brown

Polestar's (PSNY) stock dips as losses widen post 2023 results, with revenue down 3% and operating losses increasing by 13%. Despite this, Polestar remains hopeful as they launch new EV models like the Polestar 3 and 4. The brand expects to sell over 155,000 vehicles next year, a significant jump from 2023's sales. Polestar also kicks off production in South Carolina to overcome tariffs and expand in the US. Will these new EVs help Polestar rebound?

A Tesla Semi was seen on the highway with an advanced sensor array on top, sparking speculation about its autonomous driving capabilities. Elon Musk recently greenlit production of the electric truck, which has been shrouded in secrecy since its 2017 reveal. While Tesla typically avoids using lidar, a form of sensor commonly used in autonomous systems, the presence of these sensors could hint at future developments in Tesla's self-driving technology. Exciting times ahead for Tesla fans!

Toyota aims to compete with Tesla by unveiling its first EV with advanced self-driving capabilities in 2023 through its joint venture, GAC Toyota, in China. The Bozhi 3X SUV will feature Tesla-like full self-driving tech developed in partnership with Momenta and Huawei. Toyota's strategy includes cost-cutting lithium battery plans and opening Lexus charging stations to all EVs to stay competitive in the evolving market.

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Over 130 Wendy's restaurants in NY, IL, and MA are now using community solar to source 30-100% of their energy, with help from Ampion Renewable Energy. Enrolled in Ampion+, these locations have signed up for 27.5 million kWh of solar energy, equivalent to CO2 emissions from 2,200 households annually. Ampion+ tracks and assigns ownership of each kilowatt hour to specific restaurant locations via RECs. This move aligns with a predicted rise in community solar installations and offers cost-effective, eco-friendly energy solutions.

On the latest Electrek Podcast, catch up on Tesla Cybertruck recalls, Rivian and VW partnership, Rimac's driverless venture, and more EV news. The show airs Fridays at 4 p.m. ET on YouTube, with archived versions available. Topics include Tesla Cybertruck recalls, Rivian's production goals, VW's investment in Rivian, Volvo's EX30 delay, Rimac's autonomous electric car brand Verne, and Polestar's new models. Be in the know with Electrek's insights on Tesla, EVs, and green energy.