Tesla Energy achieved a number of key milestones in the fourth quarter. As per Tesla’s Q4 and FY 2022 Update Letter, energy storage deployments actually grew by 152% year-over-year in the fourth quarter to 2.5 GWh. All in all, Tesla Energy was able to deploy 6.5 GWh of energy storage in 2022, the highest the…
Tesla (NASDAQ: TSLA) reported its Earnings for Q4 and Full Year 2022 this evening, and analysts seem pleased with what the automaker presented and reported. Tesla reported a beat in EPS, reporting $1.19 per share, while the Street expected $1.13 per share. Additionally, the automaker reported revenues of $24.318 billion. Analysts are reacting to the…
Tesla’s Full Self-Driving Beta pool has ballooned to over 400,000 total users, a drastic increase from the 160,000 users it said were in the program in late September. In its Q4 and Full Year 2022 Shareholder Deck, the automaker described the growth: “We have now released FSD beta to nearly all customers in the US and Canada…
Tesla (NASDAQ:TSLA) posted its Q4 and FY 2022 earnings report after markets closed today. The results, which were discussed in the Q4 and FY 2022 Update Letter, were released after the closing bell on Wednesday, January 25, 2023. The last year was challenging for Tesla, but it was a year that saw the electric vehicle…
Germany plans to send Ukraine 10,000 Starlink satellite terminals next month, Minister of Digital Transformation Mykhailo Fedorov said on his official Telegram channel. The minister was recording an interview with German journalists, and he thanked the German people for the new batch of Starlink terminals. This is in addition to the 8,000 communication terminals that were…
Acura has announced that its upcoming electric vehicle offerings will be sold directly to consumers online instead of through the brand’s traditional dealership network. Acura and Honda are slated first to bring a full lineup of hybrids to the car market, followed by electric vehicles in 2024, with more EVs coming after that. However, according…
Ford’s BlueCruise and General Motors’ SuperCruise were ranked in the top two spots in Consumer Reports’ recent analysis of twelve Active Driving Assistance Systems, while Tesla Autopilot was ranked seventh. Among the manufacturers involved in the study, Ford and GM performed better than Mercedes-Benz, BMW, Toyota/Lexus, Volkswagen/Audi, Tesla, Rivian, Nissan/Infinity, Honda/Acura, Volvo/Polestar, and Hyundai/Kia/Genesis. Ford and GM’s…
Recurrent Auto, an auto industry analysis and sales firm, has released its market analysis for Q1 2023, showing that used EV prices have collapsed, led by the Tesla Model 3 and Chevy Bolt. Perhaps one of the most significant criticisms of electric vehicles is their price. And for the longest time, critics were correct; EVs…
This morning, Lucid Motors unveiled its all-new motorsports-oriented drive unit, already being used in the Formula E racing series and the Lucid Air sports sedan. Late last year, Lucid got to show off its performance chops in a drag race between the company’s new Air Saphire, the prolific Tesla Model S Plaid, and a Ducati Panigale.…
Tesla has added several new features to its vehicles with the 2023.2.0.5 Software Update, including Sentry Mode improvements and Steering Wheel Heat upgrades. The 2023.2.0.5 Software Update from Tesla is currently rolling out to owners, and the automaker improved on the Sentry Mode security feature with headlight flashing that will confirm that video is recording. This “pulsing”…