Ford teased the start of Mustang Mach-E reservations after announcing the launch of the Puma EV in Australia. Ford Motor Company CEO Jim Farley recently announced the Puma EV’s 2024 launch in Australia via Twitter. The legacy automaker seems determined to bring its electric vehicle lineup down under, starting with the popular light SUV. “The all-electric Ford…
Toyota launched the all-electric BZ3 sedan in China over the weekend. The legacy automaker reported receiving 5,000 orders for its BZ3 sedan during its launch day, hinting at the demand for the vehicle. The Toyota BZ3 uses BYD’s blade-shaped batteries and motor powertrain. The electric mid-sized sedan is built on BYD’s e-TNGA platform, similar to Toyota’s…
Elon Musk has previously laid out what Starlink would need for it to be worthy of an Initial Public Offering (IPO) on the stock market, and it looks like the company has nearly achieved those targets. Starlink is easily the most successful SpaceX project currently available and has the most mass market appeal. The satellite…
Tesla (NASDAQ: TSLA) reports earnings for Q1 2023 on Wednesday, April 19, after the market closes. Both institutional and retail investors are submitting questions that Tesla executives will answer on Wednesday about the company’s upcoming Cybertruck and how margins will be affected as the automaker cut prices on several occasions during the first quarter. Tesla accepts questions…
New data based on recalls from the NHTSA found that Tesla vehicles are by far the most likely to be “recalled” over a projected 30-year vehicle lifespan. The term “recall” has become quite contentious over the past two years as the National Highway Traffic Safety Administration (NHTSA) has hammered Tesla with recall after recall, many of…
There is no denying that Tesla has created a substantial amount of wealth worldwide, both for its investors and its suppliers. This was particularly true for the family behind L&F Co., a producer of high-nickel cathodes, as they saw their fortune rise by $800 million due in no small part to a supply deal with…
A Tesla Account Manager in the United Kingdom (UK) recently announced the launch of a Model 3 Long Range RWD variant, specifically catering to the needs of commercial customers. The Tesla Model 3 Long Range RWD variant will be available for B2B fleets with a starting price of £46,990 ($58,358.15). Tesla’s Senior Key Account Manager in the…
Volkswagen launched the ID.7 luxury sedan yesterday, which many have started comparing to the Tesla Model S. The VW ID.7 is equipped with the German automaker’s new powertrain for the ID.Family. Volkswagen seems determined to make the ID.7 a top-selling EV in the upper mid-sized segment. “With the ID.7 we are taking the next step…
Tesla (NASDAQ: TSLA) will report its first-quarter earnings on Wednesday, and the analysts anticipating plenty of talk regarding the automaker’s price cuts are setting their sights on one thing: margins. Tesla cut prices numerous times across all markets through the first three months of the year, trigging demand and undercutting rival car companies by having…
Tesla battery supplier Panasonic has teased a new battery production facility in the United States that would help with the increasing demand for electric vehicles. The new Panasonic plant could be built in Oklahoma, the company said in a statement to Reuters. The battery maker has already entered into an agreement with the State of Oklahoma,…