Tesla’s partnership with Hertz has expanded to sixteen new cities, including Boston, Las Vegas, New York City, Philadelphia, and San Diego, among many others. Tesla and Hertz struck a non-signed deal late last year that would see 100,000 all-electric vehicles from the Elon Musk-headed company make their way to the rental agency. Since then, Tesla […]
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Nikola Corporation (NASDAQ: NKLA) announced today that it will report its Q2 earnings on Thursday, August 4, 2022. The call will take place at 9:30 a.m. ET, or 6:30 a.m. PT. In one of the more dramatic turnarounds in terms of an electric vehicle maker in recent memories, Nikola has gone from nearly bankrupt and […]
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Rivian Automotive will cut around five percent of its workforce in areas where it has grown too quickly, according to a report from Bloomberg. Rivian is continuing to hire new employees, however, according to numerous LinkedIn postings from the same day it reportedly stated it would begin reducing its headcount in other areas. Citing people familiar […]
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Rivian Automotive (NASDAQ: RIVN) announced earlier today that it would hold its second quarter 2022 Earnings Call on August 11, 2022, after market close. “Rivian will host an audio webcast to discuss its results and provide a business update at 2:00 p.m. PT / 5:00 p.m. ET the same day. The live webcast will be […]
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The Rimac Nevera all-electric hypercar has four motors, a 120-kilowatt-hour battery, and a $2.1 million price tag. New certifications of the vehicle from the Environmental Protection Agency and California Air Resource Board now give the Nevera a new metric: range, and it sits at 287.28 miles per charge, according to the documents. Rimac’s humble beginnings […]
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Tesla (NASDAQ: TSLA) said it would announce its Earnings for the second quarter of 2022 on Wednesday, July 20, 2022, at 5:30 p.m. Eastern Time. Tesla will first release a Shareholder Deck at market close, which will then be followed by the company’s Earnings Call at around 5:30 p.m. Eastern Time. Following Tesla’s announcement of […]
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Tesla (NASDAQ: TSLA) announced this morning that it delivered 254,695 vehicles in 2022’s second quarter, falling just below consensus estimates of 256,700 from the Street and 263,000 from FactSet. Tesla produced 258,580 vehicles in Q1. “In the second quarter, we produced over 258,000 vehicles and delivered over 254,000 vehicles, despite ongoing supply chain challenges and […]
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J.D. Power’s annual United States Initial Quality Survey was released today and revealed that Tesla’s build quality score actually improved since last year. In general, however, build quality suffered across the board this year due to supply chain woes, with only nine of the 33 ranked brands seeing quality improvement year over year. The scores […]
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Volkswagen AG’s CEO Herbert Diess said Tesla’s production ramps at both the Berlin and Austin Gigafactories should slow the company down enough for the German automaker to catch up. “Elon (Musk) has to ramp up two highly complex factories in Austin and Gruenheide at the same time – as well as expand production in Shanghai. […]
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Ford has recalled roughly 2,900 units of the F-150 Lightning, its first-ever all-electric pickup truck, due to a possible malfunction with the low tire pressure warning system. Ford said the truck’s tire pressure monitoring system light may not illuminate when an issue with the vehicle’s tire pressure falls too low. Ford said it may not […]
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