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q1 2024
Red Tesla Model 3 Performance in a tunnel
News April 21, 2025 0 comments on Tesla’s Q1 2025 earnings: what to expect

Tesla’s Q1 2025 earnings: what to expect

by David Odejide

Tesla’s Q1 2025 earnings call is scheduled for tomorrow, and the American EV maker will undoubtedly have to answer some tough questions. Here is what you can expect when the company’s top executives discuss the […]

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EV by Parliament illustration
News June 19, 2024 0 comments on Canadian Electric Vehicle Market Sees Fluctuations in Q1 2024

Canadian Electric Vehicle Market Sees Fluctuations in Q1 2024

by Matt Wilson

The Canadian electric vehicle (EV) market has seen a dynamic first quarter in 2024. While the national adoption rate of Zero Emission Vehicles (ZEVs) has shown impressive year-over-year (YoY) growth, quarter-over-quarter figures reveal a slight […]

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Silver Rivian R2 on a road
News May 7, 2024 0 comments on Rivian reports significant revenue growth amid Q1 losses, reaffirms 2024 production target

Rivian reports significant revenue growth amid Q1 losses, reaffirms 2024 production target

by Darryn John

Rivian has had a challenging start to 2024, as revealed in its first quarter financial disclosure, with the automaker reporting revenue growth against a backdrop of substantial losses. According to Rivian’s Q1 2024 earnings report, […]

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Lucid Air Pure Stealth in a city
News May 6, 2024 0 comments on Lucid Q1 2024 Earnings: Losses Mount Despite Revenue Beat

Lucid Q1 2024 Earnings: Losses Mount Despite Revenue Beat

by Matt Wilson

Lucid has released its Q1 2024 financial results, and the luxury EV automaker continues to lose significant amounts of money building the Air sedan. The company reported a revenue of $172.7 million, which surpassed Wall […]

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F-150 Lightning on the production line
News April 25, 2024 0 comments on Ford Model-E Division Loses $1.3BN Despite 86% Surge in Q1 EV Sales

Ford Model-E Division Loses $1.3BN Despite 86% Surge in Q1 EV Sales

by Matt Wilson

Ford has seen a surge in electric vehicle (EV) sales in the first quarter of 2024, but the transition to electric continues to pose serious financial hurdles for the automaker. In the first quarter of […]

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Cybertrucks on the assembly line
News April 23, 2024 0 comments on Tesla Q1 2024 Earnings Reveal Strategic Gains Amid Financial Challenges

Tesla Q1 2024 Earnings Reveal Strategic Gains Amid Financial Challenges

by Matt Wilson

Tesla has published their first-quarter earnings for 2024, revealing a mix of strategic advancements but also financial challenges. Financially, Tesla reported a decrease in total revenue to $21.3 billion, marking a 9% drop year-over-year (YoY). […]

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VinFast dealership in Cary
News April 19, 2024 0 comments on VinFast’s global delivery jumped 444% year-on-year in Q1 2024

VinFast’s global delivery jumped 444% year-on-year in Q1 2024

by David Odejide

VinFast has reported remarkable growth in global sales for Q1 2024. The Vietnamese EV maker delivered nearly 10,000 units in the first three months of the year, a 444 percent improvement over the same period […]

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Purple Porsche Taycan Turbo GT on a track
News April 13, 2024 0 comments on Porsche Taycan sales drop significantly in Q1 2024 in anticipation of upgraded version this spring

Porsche Taycan sales drop significantly in Q1 2024 in anticipation of upgraded version this spring

by David Odejide

The Porsche Taycan sales dipped significantly in the first quarter of 2024. However, there could be a silver lining as the company is prepping a new version for an April release. Porsche sold 77,640 cars in Q1 […]

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Three Lucid Air sedans
News April 9, 2024 0 comments on Lucid sets new delivery record with price cuts and incentives

Lucid sets new delivery record with price cuts and incentives

by Darryn John

Lucid has released its first quarter production and delivery figures, and the luxury electric vehicle (EV) maker was able to set a new quarterly delivery record, although just barely. Also a first, Lucid delivered more […]

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Rivian Normal factory line
News April 2, 2024 0 comments on Rivian’s Q1 2024 production and delivery numbers exceed expectations, but dip from Q4 2023

Rivian’s Q1 2024 production and delivery numbers exceed expectations, but dip from Q4 2023

by Darryn John

Rivian has reported its first quarter results for 2024, and while the automaker was able to surpass Wall Street’s expectations by posting a significant increase in both production and delivery numbers year-over-year (YoY), their numbers […]

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Founded in 2019, Drive Tesla reports daily on Tesla, electric vehicles, charging and clean energy for readers in Canada and worldwide, aiming for accurate, timely coverage with no hype. About us →

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