Tesla has extended its earnings streak, posting a surprise profit in the first quarter, typically a tough one for automakers. The company reported record levels of production, and says its vehicle order backlog is the highest it’s ever been. “Q1 2020 was the first time in our history that we achieved a positive GAAP net… Read more »
Let’s roll some roads in an electric road roller.
The startup gets some additional backing to get through these tough times.
The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 million units in March 2020, down by 39% from …