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Tag: Tesla


Industry Focus Areas, Motorized Vehicle

EV sales growth slowing

February 21, 2024

Via: Electronics Weekly

Of these, BEVs accounted for 9.11 million units with a growth rate of 24%, and PHEVs reached 3.91 million units, growing at 45%. TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global […]


Industry Focus Areas, Motorized Vehicle

Tesla Analysts Eyeing EV Slowdown Turn More Cautious on 2024

December 19, 2023

Via: Transport Topics

Wall Street’s outlook on Tesla Inc. is darkening rapidly, with at least two analysts turning more cautious on the electric vehicle maker in as many days. Some of the EVs made by Tesla may no longer qualify for government subsidies […]


Industry Focus Areas, Motorized Vehicle

Tesla’s futuristic Cybertruck finally arrives—here’s why the company’s success is riding on it

November 28, 2023

Via: Phys.org

In 2019, Tesla was in the happy position of being a high-volume, premium-priced leader in the global electric vehicle (EV) market. Deliveries of 367,500 cars represented 50% growth over 2018. That included 92,550 of the mid-sized Model 3 cars and […]


Industry Focus Areas, Motorized Vehicle

Tesla Sets Nov. 30 for Cybertruck Delivery

October 18, 2023

Via: Transport Topics

Tesla Inc. is sticking with its full-year production forecast and promising its new Cybertruck by Nov. 30, even as it reported worse-than-expected earnings last quarter. The Elon Musk-led company said profit, excluding some items, fell to 66 cents a share, […]


Industry Focus Areas, Motorized Vehicle

Tesla Taps European Stainless Steel Producer for Cybertruck

October 11, 2023

Via: Transport Topics

Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter. The materials will […]


Industry Focus Areas, Motorized Vehicle

Tesla’s Gigafactory Shanghai Achieves Milestone: 2 Millionth Electric Vehicle Rolls Off Production Line

September 7, 2023

Via: Tech Times

Tesla’s Gigafactory Shanghai has reached a remarkable milestone by producing its two millionth electric vehicle (EV). This significant accomplishment solidifies Gigafactory Shanghai’s position as the most productive EV factory globally, surpassing even Tesla’s Fremont Factory. A Rapid Ascent to the […]


Energy, Industry Focus Areas

Seven Automakers Unite to Build EV Charging Network

July 26, 2023

Via: Transport Topics

Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the U.S. and Canada. General Motors, BMW, Honda, Hyundai, Kia, Mercedes […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Tesla Starts Cybertruck Production Two Years Behind Schedule

July 17, 2023

Via: Transport Topics

Almost four years after Elon Musk first unveiled Tesla Inc.’s debut pickup, the automaker has built its first Cybertruck. Tesla shared the development on Twitter, posting a photo of workers in safety vests and helmets obscuring much of the vehicle. […]


Regulations

Delaware Overturns Judge’s Ruling Blocking Tesla Dealership

May 16, 2023

Via: Transport Topics

Delaware’s Supreme Court on May 15 overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers. In a ruling last year, a Superior Court judge determined that […]


Industry Focus Areas, Motorized Vehicle

Tesla Keeps Growing, but at What Cost?

April 3, 2023

Via: The Wall Street Journal

Tesla’s stock is back to being boringly expensive. There was nothing in the electric-vehicle maker’s first-quarter volume data to move the needle on investors’ typically entrenched views. Tesla said on Sunday it produced just shy of 441,000 vehicles and shipped […]


Energy, Industry Focus Areas

eDRV Raises Seed Round to Accelerate An Interconnected EV Charging Ecosystem

February 17, 2023

Via: PR Newswire

eDRV, an API-first electric vehicle (EV) charging management solution used at over 7,500 charging locations globally, announced today it has closed on a seed funding round with an international set of investors, including Automotive Ventures from the United States, NP-Hard […]


Industry Focus Areas, Motorized Vehicle

Tesla Profits Beat Estimates

January 25, 2023

Via: Transport Topics

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup. The Austin, Texas-based company reported adjusted earnings of $1.19 a share, besting the $1.12 a […]


Industry Focus Areas, Motorized Vehicle

Elon Musk Sold Tesla Shares Before Company Acknowledged Weakness

January 20, 2023

Via: The Wall Street Journal

Late last year, after a wave of news reports pointing to sagging demand for his company’s vehicles, Tesla Inc. Chief Executive Elon Musk sold almost $3.6 billion of his shares in the electric-car maker. On Jan. 2, Tesla announced fourth-quarter […]


Industry Focus Areas, Motorized Vehicle

Tesla Cuts Prices Across Models Sold in U.S.

January 13, 2023

Via: The Wall Street Journal

Tesla Inc. TSLA 0.28%increase; green up pointing triangle cut prices for some of its vehicles sold in the U.S. by nearly 20%, aiming to lure new buyers at a time Wall Street is concerned appetite for the car maker’s vehicles […]


Industry Focus Areas, Motorized Vehicle

U.S. EV Sales Jolted Higher in 2022 as Newcomers Target Tesla

January 6, 2023

Via: The Wall Street Journal

U.S. electric-vehicle sales leapt by two-thirds in 2022 while the broader auto market contracted, newly released year-end figures show, as fresh plug-in models from traditional auto makers whittled away at EV juggernaut Tesla Inc.’s lead. Auto makers sold 807,180 fully […]


Industry Focus Areas, Motorized Vehicle

Tesla Stock Headed for Its Worst Year on Record

December 30, 2022

Via: The Wall Street Journal

Tesla Inc. is poised Friday to close the worst year in the stock’s history, having lost more than $700 billion in market valuation amid investor concerns about production disruptions, demand worries and Chief Executive Elon Musk‘s focus on Twitter Inc. […]


Energy, Industry Focus Areas

Florida’s Blue Innovations Group Betting on Electric Boats

December 29, 2022

Via: Transport Topics

As Tesla helped usher in electric cars, a Tampa Bay, Fla., company seeks to do the same for boating. Blue Innovations Group, founded by former Tesla global head of manufacturing Chuan “John” Vo, is working out of Pinellas Park on […]


Process, Production

Tesla to Cut Output of EVs at Shanghai Factory

December 5, 2022

Via: Transport Topics

Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. The output cuts will take effect as soon as this week, said the […]


Industry Focus Areas, Motorized Vehicle

Is Tesla Cybertruck Launch Delayed Again? Reports Say Mass Production Will Start by the End of 2023

November 1, 2022

Via: Tech Times

Tesla is reportedly expecting to begin mass production of the Cybertruck by the end of 2023, two years beyond the original timetable for the highly-anticipated sharp-angled electric truck that CEO Elon Musk introduced in 2019. This information was given to […]


Regulations

Tesla Countersues California Agency That Filed Racial Discrimination Lawsuit

September 22, 2022

Via: The Wall Street Journal

Tesla Inc. TSLA -4.06%▼ has countersued the California agency that filed a racial discrimination lawsuit against the company, alleging that the government organization violated state law in bringing about the suit. The electric-vehicle maker, in the suit filed Thursday in […]