Rivian has reached a significant milestone, reporting its first-ever quarterly gross profit of $170 million in Q4 2024. However, despite the positive financial news, the company has set cautious expectations for 2025, forecasting lower vehicle […]
Ford closed 2024 with a mixed financial performance, but growing losses in its electric vehicle (EV) division has overshadowed a promising start to 2025 sales. While the company posted strong EV sales in January, it […]
Tesla still holds a dominant grip on California’s electric vehicle (EV) market, but both its sales and market share weakened in 2024. Data from the California New Car Dealers Association (CNCDA) shows Tesla’s vehicle registrations […]
Tesla (TSLA) is set to announce its Q4 and full-year 2024 earnings results after the market closes later this afternoon. Despite a record final quarter in terms of vehicle deliveries, Tesla was unable to grow […]
Polestar has announced its Q4 2024 and full-year retail sales and order intake figures. The company delivered 12,256 vehicles in the fourth quarter, marking a 5.3% year-over-year increase from 11,640 units in Q4 2023. However, […]
Tesla made significant strides in expanding its Supercharger network during the final quarter of 2024, adding 3,600 new stalls globally. This represents an impressive 19% increase compared to the same period last year, solidifying Tesla’s […]
Lucid closed 2024 with continued growth in deliveries and production, signaling increasing demand for its luxury electric vehicles (EVs) despite ongoing financial challenges. Lucid closed out 2024 with a fourth consecutive quarter of record deliveries. […]
Rivian closed out 2024 on a high note, exceeding production and delivery expectations. The company reported 14,183 vehicle deliveries in the fourth quarter, surpassing the Wall Street estimate of 13,472. Rivian also produced 12,727 vehicles […]
Tesla capped off 2024 with record-breaking deliveries and energy storage deployments in the fourth quarter, but the automaker couldn’t stave off its first, albeit small, annual sales decline in over a decade. In the final […]
Tesla is on track for a record-breaking quarter, with analysts forecasting significant delivery numbers for Q4 2024. According to Tesla’s company-compiled consensus shared by head of investor relations Travis Axelrod, analysts expect the automaker to […]
