Stock in the German automaker Porsche has hit record highs today after the company posted a stellar earnings report for Q3. In short, Porsche (XETRA: P911) had an incredibly successful quarter, especially regarding financials. The company has increased revenue by 41% in the first nine months of the year compared to last year, totaling just…
General Motors has announced that it has temporarily paused ad spending on Twitter as the social media platform changes ownership. Twitter’s leading source of revenue has always been advertising, and advertisers often use the platform to communicate more directly with consumers regarding their products. But as the platform has entered tumultuous times regarding ownership and content moderation,…
Twitter may be under new management and Elon Musk may have stated in the past that he intends to make the social media platform into a place for free speech, but for now, the company’s content moderation policies remain unchanged. Musk had stated that Twitter would be “forming a content moderation council with widely diverse…
Elon Musk is, in many ways, a fan of internet jokes and memes. And amidst his takeover of the social media platform Twitter, some mainstream media outlets ended up falling for a popular and pretty raunchy internet joke — hook, line, and sinker. Musk’s Twitter takeover was not absent of drama, especially after the Tesla…
French President Emmanuel Macron and German Chancellor Olaf Scholz want Europe to negotiate with the United States regarding the Inflation Reduction Act and have threatened retaliation otherwise. The Inflation Reduction Act (IRA) has again attracted the ire of European leaders. In the most recent report on the subject from Politico, France and Germany have threatened retaliation…
Numerous automakers are expected to unveil new and upcoming models at the Los Angeles Auto Show next month, and electric vehicles will take center stage. Hyundai, Kia, Genesis, Subaru, and Porsche are some of the brands expected to unveil new vehicles at or just before the November 17th Los Angeles Auto Show, also known as…
Tesla is preparing for a major expansion of Gigafactory Berlin, reports from Germany indicate on Friday morning. Tesla is reportedly looking to expand the production output at the German car factory by applying for a expansion of the property’s limits of construction. German media outlet rbb24 said Tesla has already prepared an application that would see a…
A Tesla-powered Slovenian energy company has just launched its third–and largest–Megapack project to date, helping support 70 percent of the country’s energy grid. Slovenia’s NGEN first started utilizing Tesla Megapacks for energy storage and grid stabilization in 2019. The country became the first in the Balkin Peninsula to install a grid-scale battery storage unit with the implementation…
Tesla is recalling over 24,000 Model 3 units to fix an incorrectly reassembled seatbelt anchor. It is the fifth physical recall out of fifteen total recalls Tesla has announced so far in 2022, with the other then being fixed with an Over-the-Air Software Update. The NHTSA announced on October 21 that Tesla would recall 24,064…
Honda has unveiled their new battery swap station, the Honda Power Pack Exchange e (HPPEe). Honda has big plans to electrify its motorcycle division in the coming years, and part of that plan is ensuring that customers can keep their bikes charged. To accomplish this, Honda has cooperated with a large group of manufacturers in standardizing swappable…