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q1 2023
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Model 3 May 16, 2023 0 comments on Tesla Model Y and Model 3 remain California’s best-selling vehicles as EV market share hits 20% in Q1 2023

Tesla Model Y and Model 3 remain California’s best-selling vehicles as EV market share hits 20% in Q1 2023

by Darryn John

California’s electric vehicle (EV) market share hit a new high in the first quarter, reaching 19.5% of all new car sales in the state in the first three months of the year. Continuing to lead […]

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2024 Polestar 2
News May 11, 2023 0 comments on Polestar cuts 2023 production guidance and 10% of its workforce as Polestar 3 gets delayed due to software issues

Polestar cuts 2023 production guidance and 10% of its workforce as Polestar 3 gets delayed due to software issues

by Darryn John

Polestar has published its first quarter report with some goods news and not so good news. On the positive side their Q1 deliveries were up year-over-year (YoY), but the Swedish automaker is also cutting its […]

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rivian
News May 9, 2023 0 comments on Rivian posts $1.35 billion net loss in Q1, reaffirms 2023 production guidance

Rivian posts $1.35 billion net loss in Q1, reaffirms 2023 production guidance

by Darryn John

Rivian published its first quarter earnings report after market close on Tuesday, showing increased revenue from sales of its R1T pickup, R1S SUV and electric delivery vans. However the automaker still posted a net loss […]

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Lucid Air with Stealth Appearance package
News May 8, 2023 0 comments on Lucid adjusts 2023 production guidance on weaker than expected Q1 financials

Lucid adjusts 2023 production guidance on weaker than expected Q1 financials

by Darryn John

Lucid has published its Q1 2023 financial report and has posted weaker than expected numbers after experiencing a decline in their production and deliveries over the previous quarter. Lucid has also adjusted their 2023 production […]

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News May 2, 2023 0 comments on Ford’s Model e division loses $722 million, but still posts overall earnings beat in Q1 2023

Ford’s Model e division loses $722 million, but still posts overall earnings beat in Q1 2023

by Darryn John

Ford reported its Q1 2023 financials this afternoon and for the first time broke up their report for their three new divisions, including their electric Model e division. While the overall financials were positive and […]

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News April 21, 2023 0 comments on Polestar Canada reports 570 Polestar 2 sold in Q1 2023; debuts electric Roadster concept

Polestar Canada reports 570 Polestar 2 sold in Q1 2023; debuts electric Roadster concept

by Richard Walker

Polestar Canada has released its performance in the first quarter of 2023, where it sold 570 Polestar 2. The performance brand also debuted the Roadster electric concept at the Montreal EV show. While 570 may […]

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tesla v4 supercharger
News April 20, 2023 0 comments on Tesla’s Superchargers network grew by 34% YoY in Q1 2023

Tesla’s Superchargers network grew by 34% YoY in Q1 2023

by Richard Walker

One of the barriers to entry for EVs for many people is charging, specifically public charging opportunities, because they are not as widespread. However, Tesla is changing that as it expands its public charging network. […]

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modely midnight cherry
Model Y April 20, 2023 0 comments on Tesla Model Y emerged top-selling car in Europe in Q1 2023

Tesla Model Y emerged top-selling car in Europe in Q1 2023

by Richard Walker

Tesla’s Model Y has been named the best-selling car in Europe in the first quarter of 2023, AM Online reports. The electric crossover beat popular models, including Dacia’s Sandero, the Volkswagen T-Roc, Peugeot 208, and Vauxhall Corsa. The […]

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Tesla Energy April 19, 2023 0 comments on Tesla’s energy storage deployments grow 360% thanks to Lathrop Megafactory

Tesla’s energy storage deployments grow 360% thanks to Lathrop Megafactory

by Darryn John

One of Tesla’s most under appreciated and undervalued aspects of its business is energy storage, which has been expanding to record levels in recent quarters. That growth has been in large part due to their […]

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giga shanghai stamping
News April 19, 2023 0 comments on Tesla posts Q1 2023 financial report with strong margins despite price cuts

Tesla posts Q1 2023 financial report with strong margins despite price cuts

by Darryn John

Tesla has published their Q1 2023 financial results this afternoon, and after cutting prices across their lineup several times this year, was still able to maintain their strong automotive gross margins. Earnings per Share Tesla […]

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