Elon Musk positioned for $9 billion bonus – report

Tesla founder and CEO Elon Musk may be about to receive US$7 billion (AU$9.05 billion) in stock, due to the company's performance in 2020. According to a report from news outlet Reuters, the options package will likely be triggered thanks to strong sales results in the second half of last year.

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2024 Tesla Model Y facelift due mid next year – report

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A major update for the world’s best-selling new car is around the corner, with “more obvious” exterior and interior upgrades. What the updated Model Y could look like, illustrated by Theottle. A facelift for the 2024 Tesla Model Y electric SUV may be less than nine months away – after a similar update to the related Model 3 sedan earlier this year – according to a new report. News agency Bloomberg reports Tesla has begun “preparation work” to ready its Shanghai, China factory for a “more obvious” exterior and interior update to the Model Y . Production “may start as soon as mid-2024”, according to the outlet – which could translate to Australian showroom arrivals by the end of next year, if the arrival timeline of the recent Model 3 update is a guide. It is sooner than the October 2024 estimate published in a report by news agency Reuters earlier this year. MORE: 2024 Tesla Model Y facelift due next year with exterior, interior upgrades – report Citing insider so...
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BYD Dolphin electric-car arrival pushed back, due later this year alongside Seal sedan

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Chinese electric-car giant BYD’s next two models for Australia – the city-sized Dolphin and larger Seal – are due closer to the end of this year than previously forecast. The Australian arrival of the BYD Dolphin electric hatchback has been delayed to the second half of this year, ahead of the BYD Seal electric sedan due before year’s end. BYD’s Australian distributor EVDirect has advised the  Dolphin  hatch is now due to open for orders in July 2023, and commence deliveries soon after – a delay compared to the first half of 2023 timing previously announced. The Tesla Model 3-sized Seal  sedan – previously confirmed for the “second half of 2023” – is now scheduled to open for orders and begin deliveries in the fourth quarter of 2023 (October to December), pending any further delays. The latest round of delays places the opening of order books nine to 12 months behind the “late 2022” timing indicated in mid-2022, at which time deliveries were scheduled to com...
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2024 Mitsubishi Triton to be unveiled next month report

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The first new Mitsubishi Triton in a decade is about six weeks from its global unveiling, according to a Thai report. What the new Mitsubishi Triton could look like. Computer illustration by Avarvarii. The 2024 Mitsubishi Triton ute is due to be unveiled at the end of next month, according to a new overseas report. Thai media outlets including Headlight Magazine report Mitsubishi has sent invites to local media for the new Triton’s unveiling in Bangkok on 26 July 2023. Drive has previously reported on a global unveiling around the middle of this year, ahead of showroom arrivals due late this year or early next year. The design of the new Triton was previewed by the XRT Concept shown in Thailand earlier this year , with a larger body and tray than today’s model. What the new Mitsubishi Triton is expected to look like, imagined by Avarvarii. According to Headlight Magazine , the Triton will be unveiled in four-door double-cab and ‘club cab’ (extra-cab) body styl...
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