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

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 […]

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

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 […]

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Rivian trademarks the names of six future all-electric models

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 […]

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

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 […]

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

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, […]

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

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 […]

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Tesla (TSLA) gets bullish forecast with conservative Cybertruck estimate

Following a blockbuster quarter that saw Tesla (NASDAQ:TSLA) post $1.1 billion of GAAP net income and $1.6 billion of non-GAAP net income, Morgan Stanley has published a note outlining its forecasts for the EV maker. Morgan Stanley analyst Adam Jonas was bullish in his note, stating that the bigger story in Tesla’s strong quarter was […]

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Tesla Giga Berlin critics are taking another stand with some new legal action

Fresh off their defeat at the Berlin-Brandenburg Higher Administrative Court (OVG) earlier this month, the Brandenburg Nature Protection Association (NABU) and the Green League are taking yet another stand against Tesla’s Gigafactory Berlin. This time, the environmental groups are complaining that their grievances against the EV maker’s facility were not given sufficient hearing by the […]

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Tesla Model S Long Range delivery estimates slip to early 2022

Those who wish to order Tesla’s most bang-for-the-buck car will likely be facing quite a bit of wait, with estimated delivery times for the new Model S Long Range being moved to February-March 2022. This is a significant change from the vehicle’s previous delivery estimate, which was listed at September-October 2021.  It was not just […]

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Huawei exec who called Tesla “killing” machines fired after China legal team’s complaint

If there is one thing that is evident with Tesla China, it is the fact that its legal team does not hold back. Whether it is a media outlet or a social media influencer, anyone or anything that spreads inaccuracies and false information about Tesla would be called out. This became a hard lesson for […]

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