Tesla gives Model 3 production update: fixed some bottlenecks, plans new capacity with new lines

With the release of its second quarter 2018 financial results, Tesla gave an update on Model 3 production.
The automaker is reporting that it fixed some bottlenecks and they are now looking at producing more than 50,000 Model 3 vehicles during the curr…

Tesla (TSLA) posts Q2 2018 financial results: $4B revenue, profitability in focus

Tesla’s second-quarter earnings for 2018 saw the California-based carmaker beat Wall Street revenue estimates after posting $4B billion in revenue and missed earnings estimates with a non-GAAP loss of $520 million. The results, which were posted in an update letter to investors after the closing bell on Wednesday, August 1st, showed second-quarter earnings of -$3.06 […]

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Tesla Posts Q2 2018 Earnings Results

Tesla has just released its Q2 2018 earnings and financial reports. Among the highlights is information on Model 3 production, updates on the Tesla energy network, record global sales and so much more. Looking Back – Tesla Posts Q1 2018 Results Tesla Q1 2018 Conference Call Overload Financial results for the second quarter of 2018 are as follows: Revenue of […]

Nissan IMx Production Still Some 2 Years Away

The production Nissan IMx is coming, but sales are expected to start around 2020 at the earliest. Alfonso Albaisa, Global Design Head for Nissan Motor, told IndianAutosBlog that the IMx crossover is at least two years away. As we are in mid-2018, the second half of 2020 seems to be the target. “We are going […]

SK Innovation Postpones NCM 811 Batteries

The new NCM 811 batteries (nickel:cobalt:manganese at a ratio of 8:1:1) will enter the plug-in car market later than anticipated. SK Innovation announced in 2017 that it will start production of punch cells (NCM 811) for plug-in cars in the second half of 2018 in South Korea, which was followed by LG Chem, who promised […]