Tesla stock narrowly missed a weekly loss record that it has avoided since 2021, likely thanks to a solid sales report from China. Since the start of the year, Tesla stock has been consistently recovering from its low point at the end of last year. However, that success was briefly interrupted recently with a nearly […]
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Rivian, Lucid, Fisker, and Nikola, will be reporting earnings this upcoming week, and they aren’t expected to deliver great news. If it isn’t eminently obvious by now, entering the automotive industry is not an easy task. The incredibly high production cost and the typically slim margins associated with the industry mean that it is one […]
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Starlink has hit a substantial subscriber milestone, largely thanks to its record user growth over the past six months. SpaceX has been laboring toward profitability ever since its founding by Elon Musk. One of its primary tools to help achieve that financial success is its satellite internet service, Starlink. Now, as the service has grown […]
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Ford is grappling with another F-150 production issue shortly after addressing a minor battery fire that held up production earlier this year. Ford’s F-150 Lighting is easily one of its most important products. Not only is it the only mass-produced electric truck from the Big Three, but it is also the Blue Oval’s foothold in […]
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The Tesla Model S Plaid, fitted with the all-new Track Package, has taken to the raceway to prove itself in a 200mph first drive video. As if the Tesla Model S Plaid wasn’t “ludicrous” enough, America’s favorite EV brand took it to the next level by introducing the “Track Package” earlier this week. Along with […]
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As Tesla has ramped its marketing presence in China, some investors are hopeful the automaker could expand the strategy to Western markets. One significant distinction between Tesla and traditional automakers in Western markets is the EV leader’s lack of marketing and advertisements. Unlike Ford, Chevrolet, Jeep, or even premium brands like BMW and Mercedes, Tesla […]
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Update: 5/4 1:24 pm est: Tesla has released the specifications of the upcoming Track Package: Para. 3 Tesla has teased an all-new track package coming to the Model S Plaid, making the vehicle more track-ready than ever before. Since its release, the Tesla Model S Plaid has attracted numerous owners to the track, whether it […]
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Despite numerous macroeconomic headwinds, Tesla has reported a massive 272% increase in sales year-over-year in Germany during April. As Europe’s largest car market and automotive center, Germany is often used as a bellwether for the broader European automotive market. Hence, as Tesla has continued to grow sales in Germany dramatically, it has seen its European […]
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Tesla has applied for a set of building permits regarding a previously unannounced “Lithium Lab,” which is likely an upcoming R&D facility. It’s no secret that Tesla has been diving head first into developing more dependable lithium supplies, even going as far as opening its own lithium refinery in Southern Texas. Now, the company is […]
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A U.S. White House official has come to the defense of Toyota regarding its new EV strategy, pioneered by the automaker’s fresh-faced CEO. As noted by a White House official in a recent interview with Reuters, Toyota “has been the laggard” of the automotive industry regarding electric vehicles. But with the Biden Administration now putting its […]
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