Joey Klender – Sidevalve EV News

Ford reports strong Q2 and raises 2021 outlook, 120k F-150 Lightning reservations

July 28, 2021 Joey Klender Syndicated Comments Off

Ford Motor Company (NYSE: F) reported a better-than-expected second quarter on Wednesday, recording positive earnings per share but slightly missing Wall Street’s consensus for automotive revenue. However, the company raised its Full-Year 2021 expectations following the profitable quarter, indicating that it is selling more expensive vehicles more often. Additionally, Ford updated shareholders on the progress […]

The post Ford reports strong Q2 and raises 2021 outlook, 120k F-150 Lightning reservations appeared first on TESLARATI.

EV charging to receive $7.5 billion in Bipartisan Infrastructure Deal: White House

July 28, 2021 Joey Klender Syndicated Comments Off

The White House detailed the breakdown of the $550 billion Bipartisan Infrastructure Deal, including a $7.5 billion cut to fund the manufacturing and installation of electric vehicle charging stations. It would be the first-ever national investment into EV charging infrastructure in the United States and could accelerate the U.S. EV market share to be on […]

The post EV charging to receive $7.5 billion in Bipartisan Infrastructure Deal: White House appeared first on TESLARATI.

Rivian trademarks the names of six future all-electric models

July 28, 2021 Joey Klender Syndicated Comments Off

Rivian is preparing for the introduction of six new all-electric pickup trucks and SUVs that will be released in the coming years. The trademarks for the R3S, R4S, R5S, R3T, R4T, and R5T were all submitted by Rivian to the United States Patent and Trademark Office on July 23rd. Rivian has already had the trademarks […]

The post Rivian trademarks the names of six future all-electric models appeared first on TESLARATI.

Tesla to hold Plaid Model S Team Appreciation Event at Fremont Factory

July 28, 2021 Joey Klender Syndicated Comments Off

Tesla is planning to hold an Appreciation Event at the Fremont Factory in Northern California on Thursday, July 29th, 2021, documents obtained by Teslarati show. Earlier this year, Tesla announced the launch of the Plaid Model Model S, a revamped and refreshed version of the company’s flagship electric sedan. CEO Elon Musk announced in January that […]

The post Tesla to hold Plaid Model S Team Appreciation Event at Fremont Factory appeared first on TESLARATI.

Tesla co-founder’s battery recycling firm gets a cushy $700M investment round

July 28, 2021 Joey Klender Syndicated Comments Off

Redwood Materials, a battery recycling company founded by Tesla co-founder J.B. Straubel, has announced a $700 million investment round from external investors. The round was led by funds and accounts advised by T. Rowe Price Associates, Inc., and includes contributions from Goldman Sachs Asset Management, Baillie Gifford, Canada Pension Plan Investment Board, and Fidelity. Additionally, […]

The post Tesla co-founder’s battery recycling firm gets a cushy $700M investment round appeared first on TESLARATI.

Tesla’s retail strategy set to change for the third time in three years

July 28, 2021 Joey Klender Syndicated Comments Off

Tesla is set to change its retail strategy for the third time in three years. The automaker has relied on retail showrooms in shopping malls in high-end locations, but this is set to change. Additionally, Tesla may be remotely managing test drives and deliveries, moving to a more virtual setup instead of spending money on […]

The post Tesla’s retail strategy set to change for the third time in three years appeared first on TESLARATI.

Ford announces ‘Ion Park’ for electric vehicle battery production and research

July 27, 2021 Joey Klender Syndicated Comments Off

Today, Ford Motor Company announced that it will establish Ford Ion Park, an electric vehicle battery cell production and research and development facility. The Michigan automaker will stay in its home state for this new project, launching the site in Romulus, MI, keeping with its 2010 announcement to make the state Ford’s center of excellence […]

The post Ford announces ‘Ion Park’ for electric vehicle battery production and research appeared first on TESLARATI.

Tesla price targets move as analysts unravel massive Q2 earnings beat

July 27, 2021 Joey Klender Syndicated Comments Off

Following Tesla’s (NASDAQ: TSLA) second-quarter Earnings Call that took place on Monday evening, analysts tasked with following the automaker’s stock have revised their price targets, working to unravel the massive beat that the company reported. Here is a quick rundown of what a few analysts are saying and how their outlook of the stock has […]

The post Tesla price targets move as analysts unravel massive Q2 earnings beat appeared first on TESLARATI.

Tesla’s Bitcoin investment has been a rollercoaster ride of gains and losses

July 27, 2021 Joey Klender Syndicated Comments Off

One of the ultimate joyrides as a human is riding a rollercoaster. The anticipation of sitting in the train, waiting for dispatch as you slowly climb up the first gigantic hill, all for the anticipation to break. Suddenly, you’re falling down a 200+ foot drop, awaiting the next rise, which will unequivocally result in another […]

The post Tesla’s Bitcoin investment has been a rollercoaster ride of gains and losses appeared first on TESLARATI.

Elon Musk not attending Tesla Earnings Calls is not a bad thing

July 27, 2021 Joey Klender Syndicated Comments Off

Tesla CEO Elon Musk joined the likes of Apple’s Steve Jobs and Amazon’s Jeff Bezos as CEOs who will not regularly attend their company’s Quarterly Earnings Calls. While it came as a shock and disappointment to many, it is not necessarily a bad thing, especially considering Musk has more than secured himself as a CEO […]

The post Elon Musk not attending Tesla Earnings Calls is not a bad thing appeared first on TESLARATI.