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Ford confirms EV unit will not be profitable until 2026
Ford has confirmed that their EV unit will not be profitable until their second-generation vehicles start arriving in 2026. The profit for the company continues to come through its ICE brands via the Bronco, Mustang […]

Investment guru Cathie Wood would hold Tesla stock for 10 years; to reach $1,500 in five years
Cathie Wood of Ark Invest has revealed if she were to hold a stock for ten years, it would be Tesla. The top-shot investment manager gave her reasons in an interview on Twitter spaces this […]

Tesla ranks second behind Genesis in latest Consumer Reports’ most loved brands ranking
Tesla makes great cars, which is why it is no surprise its customers tend to stick with the brand when changing cars. The company comes second in the latest ranking of most loved car brands […]

Ford ends 2022 with a horrible 4th quarter and posts a $2 billion net loss for the year
Ford ended 2022 with a whimper, as the company fell short of Wall Street projections for earnings. The company had a miserable fourth quarter, with net income only coming in at $1.3 billion. To put […]

Tesla “very close” to announcing plant in Mexico, says Minister
For nearly two months there have been rumours that Tesla getting ready to announce a new facility in Mexico. According to Mexico’s Foreign Affairs Minister Marcelo Ebrard, an announcement on the new plant is just […]

2023 Targa Newfoundland will see EVs face off against ICE vehicles for the first time
The 2023 Targa Newfoundland race, otherwise called “Race the Rock”, is adding a new wrinkle to the event this year. Race organizers are putting internal combustion engine (ICE) vehicles against electric vehicles (EVs) in 1,900 […]