Every delivery number, every FSD build, every factory move, every filing. Tesla is the most-covered manufacturer on EVXL — this is the desk that watches them.
A groundbreaking vision for urban transportation using autonomous electric pods is gaining traction, according to Vinod Khosla, founder of Khosla Ventures, writing in the Financial Times. The Promise of Personal Rapid Transit The proposed system would use self-driving, electric PRT (Personal Rapid Transit) pods running on dedicated narrow lanes. These vehicles would offer on-demand, point-to-point
Tesla delivered a knockout punch to Wall Street bears, with short-sellers taking a massive $3.5 billion hit after the EV maker’s surprisingly strong earnings report, according to reporting from Bloomberg. Unexpected Triumph The electric vehicle giant defied expectations with a 9% jump in quarterly profit when analysts were predicting a 10% decline. Tesla’s automotive gross…
Mercedes-Benz is facing significant headwinds as it reports a dramatic drop in profits and EV sales for Q3 2023, according to a Financial Times report. EV Sales Take a Hit Pure electric vehicle sales plummeted 31% year-over-year in Q3, though plug-in hybrid sales showed a modest 10% increase. The luxury automaker’s CFO Harald Wilhelm didn’t…
Tesla’s CEO Elon Musk has made a bold prediction about the future of transportation, claiming that manually-driven vehicles will soon become as obsolete as horses, according to a report from Fortune covering Tesla’s third-quarter earnings call. The Death of Manual Driving Musk didn’t mince words about where he sees the auto industry heading. “We’ve made…
In a candid revelation that’s sending ripples through the automotive industry, Ford CEO Jim Farley has been secretly test-driving a Chinese-made Xiaomi electric vehicle – and his verdict is turning heads. The surprising admission came during an in-depth discussion on the Everything Electric Show, highlighting the growing gap between Western and Chinese EV technology. The…
Tesla delivered a powerful financial performance in Q3 2024, reporting adjusted earnings of $0.72 per share ($2.51 billion net income), significantly outpacing analyst expectations of $0.59 per share, according to Forbes reporting. Strong Financial Performance Marks Turning Point The EV pioneer saw its profits climb to $2.2 billion from July through September, compared to $1.9…
In a troubling revelation about one of America’s most promising electric vehicle manufacturers, a detailed investigation has uncovered serious workplace safety concerns at Rivian’s manufacturing facility in Normal, Illinois. The investigation, published by Bloomberg News, paints a concerning picture of a company racing to produce luxury EVs and Amazon delivery vans while potentially compromising w
Volvo Cars has significantly cut its annual sales growth forecast and shifted its all-electric timeline as market pressures mount, according to the Financial Times. Growth Forecast Takes a Hit The Swedish automaker now expects just 7-8% retail sales growth this year, less than half of its July projection of 12-15%. Despite posting a strong Q3…
FSD builds, factory moves, deliveries, filings — the Tesla desk is the busiest one in the EVXL newsroom.
