Over the past five years, the major auto companies have invested massively in electric vehicles (EVs). The Volkswagen Group in 2017 announced that they would offer 80 new electric vehicles across their brands by 2025 and electric versions of every one of its models by 2030. In the same year GM went public with plans to put at least…
Tesla’s record 2020 was topped off by a company-best Q4, widening the streak of consecutive profitable quarters to six. While the Model S Refresh design took center stage in the company’s Q4 Earnings Shareholder Deck, the Energy side of Tesla also recorded some record numbers, contributing to what could be the company’s strongest quarter in its short…
New pictures of the 2021 Refreshed Model S were unveiled by Tesla, showing an updated interior with a new horizontal dash screen, a new steering wheel, wood grain trim, an updated center console, and a touchscreen for the rear passenger. It has been rumored that the Model S Refresh will take place for several months.…
Tesla’s (NASDAQ:TSLA) fourth-quarter and full-year earnings for 2020 saw the electric car maker post $10.7 billion in revenue. The results, which were discussed in an Update Letter, were released after the closing bell on Wednesday, January 27, 2021. Tesla’s fourth-quarter was impressive, with the electric car maker producing a total of 179,757 vehicles comprised of 16,097 Model…
Perhaps you’ve seen Tesla’s recent market cap soar over $850 billion. Maybe you’ve been reading about the long rumored refreshes coming to the Tesla Model S and Model X. It could even be that you’ve seen tons of Model 3 sedans on the road lately, and you want to see what all the hype is about.…
Tesla has not given up on its dream of manufacturing cars by creating the entire body of the vehicle with a single-piece casting. Elon Musk recently tweeted, “With our giant casting machines, we are literally trying to make full-size cars in the same way that toy cars are made.” Tesla’s concept for a giant casting machine…
During a highway shootout in Nashville, Tennessee, a Tesla Model 3 electric sedan was sprayed with bullets and struck several times. The shooting does not seem to be an incident of prejudice against electric vehicles, but rather an episode of road rage by the shooter. During the nighttime hours when a GMC Yukon appeared to…
Tesla bull ARK Invest believes that autonomous ride-hailing platforms like Elon Musk’s “Robotaxi” fleet will generate more than $1 trillion in annual operating earnings by 2030. The financial firm also forecasted that auto manufacturers with autonomous EV platforms could generate $250 billion in earnings by 2030, while fleet owners could generate $70 billion annually by…
Tesla will team up with Samsung to develop a 5nm semiconductor for the in-vehicle infotainment (IVI) or media control unit (MCU) of its autonomous cars. The EV maker’s partnership with Samsung indicates the steps Tesla means to take with its Full Self-Driving suite in the near future. Based on a local news report in Korea, Samsung’s…
Tesla Roadsters are already starting to gain in value, according to some recent auctions, and some owners are trying to push the price of the early electric sports car higher. Tesla Roadster The Tesla Roadster was the now famous California-based automaker’s first car: a small two-seat sports car based on the Lotus Elise. It was…