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.
The European Union has made a decisive move by implementing increased customs duties on Chinese-made electric vehicles, marking a watershed moment in the evolving trade relationship between the EU and China, according to AP News. This decision comes after failed negotiations between the two economic powerhouses. Comprehensive Tariff Structure The EU has implemented a nuanced…
In a surprising move highlighting the complex interplay between business and politics, Tesla has joined forces with other major EV manufacturers to support California’s low-carbon fuel standard, according to Politico. Auto Industry Shows United Front Tesla, along with Hyundai, GM, Audi, and Rivian, sent a joint letter to California lawmakers on October 24, strongly endorsing…
A planned €3 billion ($3.2 billion) electric vehicle microchip factory in Germany has been put on hold, dealing another blow to the country’s EV manufacturing ambitions, according to The Guardian. Slowing EV Demand Cited as Key Factor The US-based Wolfspeed and German auto supplier ZF have postponed their joint venture to build what was dubbed…
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…
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…
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 significant development for autonomous EV transportation, Palo Alto officials are in preliminary talks with Tesla to transform local streets into a testing ground for the automaker’s newly announced robotaxi service. This potential partnership, first announced by city spokesperson Meghan Horrigan-Taylor, comes as the city reportedly grapples with the mounting costs of its popular…
FSD builds, factory moves, deliveries, filings — the Tesla desk is the busiest one in the EVXL newsroom.
