Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead
Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead.....»»
Elon Musk says making a regular $25,000 Tesla would be "pointless" as he goes all-in on robotaxis
Elon Musk says making a regular $25,000 Tesla would be "pointless" as he goes all-in on robotaxis.....»»
Today’s deals: $18 portable power bank, $120 electric standing desk, $220 TP-Link WiFi 7 router, more
Thursday’s top daily deals include a deep discount on the INIU ultra-slim portable power bank that more than 10,000 people have bought in the past … The post Today’s deals: $18 portable power bank, $120 electric standing desk, $220.....»»
Feds clear way for EVTOL startups to bring flying vehicles to U.S. airspace
Feds clear way for EVTOL startups to bring flying vehicles to U.S. airspace.....»»
Daily 5 report for Oct. 23: EVs get collateral damage from political attack ads
A study says 88 percent of political ads involving EVs are negative. The electric vehicle industry is worried about reputational damage. .....»»
Lithia saved $50 million more than planned through Q3, sees another $100 million soon
Lithia Motors Inc. by the end of the third quarter reduced expenses by $50 million more than the group's original target for a cost-cutting initiative launched this year, COO Adam Chamberlain said Oct. 23 on the company's Q3 earnings call......»»
Tesla Q3 net income rises 17% to $2.2 billion; total revenue up 8% to $25.2 billion
Tesla said it expects to launch lower-cost models next year. "Plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.".....»»
GM sees China red ink grow in Q3 amid extended sales slump
GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, particularly from domestic brands selling low-priced EVs......»»
Peter Todd in hiding after being “unmasked” as bitcoin creator
An HBO documentary says he is the real Satoshi Nakamoto. When Canadian developer Peter Todd found out that a new HBO documentary, Money Electric: The Bitcoin Mystery, was set to i.....»»
Tesla makes $2.2 billion in profit during Q3 2024
Tesla's profit margin is looking healthier than it has in a while. After a rocky first half of the year, Tesla enjoyed a much healthier third quarter in 2024. As we learned earlie.....»»
VW pushes back launch of ID7 EV in the U.S. to ‘probably" 2025
The VW ID7 electric sedan, similar in size to the discontinued Passat midsize sedan, was supposed to launch in the U.S. in the third quarter, but now it looks like it will likely launch in 2025......»»
1 Thing We"re Talking About: Mobile service platform Curbee names new CEO
Mobile service startup Curbee has named Amit Chandarana as its new CEO. He replaces Denise Leleux, who helped launch the startup after serving as director of global customer and ownership experience at Tesla......»»
GM, Ford try to ease fleet customers" switch to EVs
Switching to an electric vehicle comes with a host of considerations, including when and where to charge it. For fleet operators, moving away from gasoline-powered vehicles also comes with business implications. Some companies might be interested.....»»
Report: Apple slashes iPhone 16 orders by 10 million units, but Pro sales look strong
Apple is just a week away from reporting its quarterly earnings, and providing a forecast for the holiday quarter. Today we may have received a preview of what to expect, though. Ming-Chi Kuo reports that iPhone 16 orders have been slashed by 10 mill.....»»
Why a lot more used EVs are about to become eligible for a tax credit. Older ones are a mixed bag
First-generation EVs have design flaws and technological quirks that render them a mixed bag in terms of value. Late-model-year used vehicles are typically more reliable, though different climates or histories can affect battery health......»»
F&I data: Used EVs losing value faster than hybrids and gas-powered cars
A Cox Automotive analysis compares the value of used hybrid, electric and gasoline vehicles with their sticker price......»»
Stellantis to road test EV fleet with solid-state batteries
Stellantis NV plans to operate a test fleet of electric vehicles powered with solid-state batteries in two years’ time, taking a step toward potential commercialization of a technology that’s aimed at improving EV performance. The automaker wi.....»»
Apple may cancel Vision Pro production to focus on a new cheaper model
Since Apple started selling its Vision Pro headset in February, sales have been lower than anticipated. Even after this spatial computer expanded to some international … The post Apple may cancel Vision Pro production to focus on a new cheaper.....»»
Peter Todd in hiding after being “unmasked” as Bitcoin creator
An HBO documentary says he is the real Satoshi Nakamoto. When Canadian developer Peter Todd found out that a new HBO documentary, Money Electric: The Bitcoin Mystery, was set to i.....»»
Trump says he"ll make interest on car loans tax deductible for vehicles made in U.S.
Trump has not specified if the tax breaks would be available to many foreign-owned automakers who produce millions of vehicles in the U.S., including Volkswagen Group, Toyota and Hyundai......»»
Ram"s U.S. sales are rebounding after incentive drive, CEO says
Light-truck brand is trying to clear inventory ahead of two new launches by year-end: the all-electric Ram REV, and the Ramcharger, a battery-powered pickup with an on-board gas generator to boost range and towing capacity......»»