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Tesla Q3 2023 earnings: $23B in revenue, $1.85B net income
Tesla has released their Q3 2023 financial report and after experiencing a quarter that saw a decrease in production and deliveries and price cuts across their vehicle lineup, the company missed Wall Street expectations, but […]
BMW starting the i5 deliveries this weekend in Germany
European buyers who made reservations for the BWM i5 are in for an exciting weekend this week as the carmaker reveals it will commence deliveries of the electric i5. The new i5 will then show […]
Ford recalls 35,000 Mustang Mach-E vehicles over battery issue, again
Ford is once again facing a significant recall, this time affecting nearly 35,000 Mustang Mach-E electric vehicles. The recall is in response to a battery problem that can cause these electric vehicles to suddenly lose […]
Rivian CEO addresses concerns about $1.5 billion bond issuance
Rivian CEO RJ Scaringe has taken steps to address concerns and reassure investors about the recent issuance of $1.5 billion in convertible green bonds by the electric vehicle (EV) manufacturer. Earlier this month Rivian revealed […]
Amazon Reaches 10,000 Rivian Electric Delivery Vans on US Roads
Amazon has announced it now boasts a fleet of 10,000 all-electric delivery vans rom Rivian on US roads. The company announced the milestone during its recent “Delivering the Future” event. The e-commerce giant revealed that. Amazon’s […]
Tesla outlines Giga Texas’ economic impact: 15,000 jobs created, $64 million in taxes paid
Travis County commissioners received an update on Tuesday on the economic impact Tesla’s Giga Texas has had on the local economy. With the Gigafactory opening in Austin just last year, Tesla has not only brought […]