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Tesla profits, margins slip in Q4 as revenue inches higher

The company reported a gross margin of 17.6 percent for the three months ended December, compared with 23.8 percent a year earlier......»»

Category: topSource:  autonewsJan 25th, 2024

Tesla must face fraud suit for claiming its cars could fully drive themselves

Lawsuit targets 2016 claim that all Tesla cars "have full self-driving hardware." Enlarge (credit: Getty Images | SOPA Images) A federal judge ruled yesterday that Tesla must face a lawsuit alleging that it committed fra.....»»

Category: topSource:  arstechnicaRelated NewsMay 16th, 2024

Honda doubles EV investment to $64B, fleshes out 7 new models in 0 Series

Honda CEO Toshihiro Mibe outlines the business case for achieving fat electric vehicle margins by the end of the decade as he doubles investment in next-generation EVs......»»

Category: topSource:  autonewsRelated NewsMay 16th, 2024

One UI 6.1 still causing excessive battery drain

Unfortunately for One UI 6.1 users, it seems that the update is causing higher than normal battery drain which hasn’t been fixed yet. The post One UI 6.1 still causing excessive battery drain appeared first on Phandroid. From time to tim.....»»

Category: asiaSource:  phandroidRelated NewsMay 16th, 2024

Images show how much bigger iPhone 16 Pro Max will be

According to the latest rumors, Apple will increase the screen size of both the iPhone 16 Pro and iPhone 16 Pro Max to 6.3 inches and 6.9 inches, respectively. We’ve already seen some dummy units of the new iPhones, but now we can get a better idea.....»»

Category: topSource:  informationweekRelated NewsMay 16th, 2024

Tesla must face claims it misled buyers about Autopilot and self-driving

Tesla Inc. must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a fresh setback for the electric-car maker just as Chief Executive Officer Elon Musk has staked the company’s future.....»»

Category: topSource:  autonewsRelated NewsMay 16th, 2024

Tesla Cybertruck beats Rivian R1T in March registrations, but Ford leads in EV pickups

In its fourth month on sale, the Tesla Cybertruck had 1,158 registrations versus the Rivian R1T's 548. The Ford F-150 Lightning led the EV pickup segment with 2,893, S&P Global Mobility data showed......»»

Category: topSource:  autonewsRelated NewsMay 15th, 2024

The inside story of Elon Musk’s mass firings of Tesla Supercharger staff

The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, charging chief Rebecca Tinucci went to meet with Musk about the network’s future.The meeting could not have gone worse......»»

Category: topSource:  autonewsRelated NewsMay 15th, 2024

Some EV startups have gone bankrupt. More are likely to follow suit

EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»

Category: topSource:  autonewsRelated NewsMay 15th, 2024

Bankruptcies, cash burn and uncertainty mark latest phase for EV startups

EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»

Category: topSource:  autonewsRelated NewsMay 15th, 2024

Apple, SpaceX, Microsoft return-to-office mandates drove senior talent away

"It’s easier to manage a team that’s happy.” Enlarge (credit: Getty) A study analyzing Apple, Microsoft, and SpaceX suggests that return to office (RTO) mandates can lead to a higher rate of employees, especially s.....»»

Category: topSource:  arstechnicaRelated NewsMay 14th, 2024

Elon Musk laid off the Tesla Supercharger team; now he’s rehiring them

Last week the CEO said Tesla will spend $500 million expanding the charger network. Enlarge (credit: Getty Images | NurPhoto) Two weeks ago, Tesla CEO Elon Musk enacted widespread layoffs throughout the company, includin.....»»

Category: topSource:  arstechnicaRelated NewsMay 13th, 2024

The secret to mimicking natural faults? Plexiglass and Teflon

When a fault ruptures in nature, some sections of the fault slip suddenly and seismically, weakening as velocity increases. Other regions creep slowly and strengthen with increasing velocity. The relative locations of these sections affect the size a.....»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

Tiny satellites can provide significant information about space

CubeSats are satellites constructed of cubic units, or U, a bit smaller than a square tissue box, or about 10 centimeters (about 4 inches) on each side. (A 2U CubeSat, for instance, is about the size of a rectangular tissue box.) Initially developed.....»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

Higher U.S. tariffs on China EVs to have limited initial impact

Geely was the only Chinese automaker to export EVs to the U.S. in the first quarter, and the tally was under 3,000, according to the China Passenger Car Association......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

More stable new-vehicle production means higher Q1 sales for suppliers

More stable new-vehicle assembly meant higher sales numbers in the first quarter for many North American suppliers, another welcome sign for parts makers hoping for more consistent production schedules form automakers......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

At least 21 police injured, 16 arrested in violent protests at Tesla"s plant in Germany

A video showed dozens of people wearing blue caps and face-covering masks coming from a nearby wooded area and attempting to storm the company's premises with policemen trying to prevent them......»»

Category: topSource:  autonewsRelated NewsMay 11th, 2024

iPhone 16 Pro rumored to feature new display with 20% higher brightness

Mere days after debuting the M4 iPad Pro featuring what Apple calls “the world’s most advanced display,” a new rumor indicates that the iPad’s Ultra Retina XDR isn’t the only display innovation the company has up its sleeves this year, with.....»»

Category: topSource:  theglobeandmailRelated NewsMay 11th, 2024

Protesters attempt to storm Tesla German plant, clash with police

A video showed dozens of people wearing blue caps and face-covering masks coming from a nearby wooded area and attempting to storm the company's premises with policemen trying to prevent them......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Column: Why does Wall St. value Tesla 40% higher than Toyota?

Both face headwinds, but Toyota earned twice as much as Tesla in the most recent fiscal year......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

CarGurus reports net income jump, more digital wholesale losses

The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024