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Tesla’s Q2 2024: a paradox of growth and decline in the EV market
Tesla has unveiled its Q2 2024 earnings report, revealing a complex narrative of growth and setbacks in the ever-evolving EV landscape. While the company surpassed revenue expectations, reaching €23.76 billion with a 2% year-over-year increase, its automotive sales experienced a 7% dip, settling at €18.54 billion. This decline, coupled with earnings per share falling short of Wall Street’s projections at… Read more…
Musk Says Tesla Will Have “Unsupervised” Self Driving Soon, Like He Said In 2016
Musk claims that Tesla will have the “miles between interventions” to support unsupervised FSD in the next five months, probably. Read more…
Tesla reports higher profit again
After a disappointing first quarter, Tesla presented better results for Q2 last night. Turnover was slightly above expectations, and Tesla’s earnings also increased compared to the start of the year. The rest of the year could prove to be more difficult. Read more…
Tesla Will Reveal Its Robotaxi On October 10: Elon Musk
Tesla CEO Elon Musk said he delayed the reveal of the company’s autonomous vehicle to ask for some design changes. Read more…
VinFast inaugurates first showrooms in the Philippines
VinFast has inaugurated three showrooms in the Philippines, formally marking its entry into the country. The company launched the VF 5 as its first model in the country. Read more…
Volkswagen hopes new Scout EV pickup and SUV, Rivian tie-up will attract US buyers
Can Volkswagen double its US market share by 2030? That’s the plan. VW will lean on new EVs, including a Scout-branded electric pickup and SUV, and its new Rivian partnership to charge up sales. Read more…
Tesla gives encouraging update on 4680 battery cells
Tesla has released an encouraging update on the development of its 4680 battery cells, which it was reportedly close to giving up on. Read more…
Tesla accelerates plans for cheaper electric vehicles, but not the $25,000 EV
Tesla has reiterated its plans to build cheaper electric vehicles, but you shouldn’t expect the previously announced $25,000 electric car. Read more…
Vermonters get up to $6K to swap flood-damaged cars for EVs
Vermont is now offering its residents up to $6,000 in incentives to replace their flood-damaged, scrapped cars with EVs. Read more…
Rivian Just Dramatically Cut Charging Time With A Software Update
There’s a new fastest-charging Rivian and it’s not the one you’d expect. Read more…
Road-legal 1,548 HP Xiaomi SU7 Ultra is coming in 2025
Well, that didn’t take long. After unveiling its wildest EV concept yet, Xiaomi confirmed the release of a road-going SU7 Ultra in the first half of 2025. Building upon the insane success of their initial SU7 model, this high-performance variant promises to deliver a truly unforgettable driving experience both on the track and on the open road. The SU7 Ultra… Read more…
Electric BMW M3: Everything We Know
BMW’s development head, Frank Weber, confirmed, “the next M3 will be battery-electric — full battery electric.” Read more…
Tesla Q2 2024: Revenue Up, But Profits Down Amid Price Cuts, Slower Sales
However, it’s still another profitable quarter for Tesla. Read more…
How To Power Your House With An Electric Car
Having an EV with V2L capability is the first step in the process of providing power for a home. Read more…
GM ‘Repeatedly Fumbles The Ball’ On New Technology, Ex-Cruise CEO Says
Former Cruise boss Kyle Vogt invokes GM’s EV1 in a scathing tweet about the company canceling its Origin autonomous shuttle. Read more…
Rivian’s CEO Is Right. Apple CarPlay Is Overrated
Automakers are getting better at software than most customers realize, but they still cling to Apple CarPlay. How does that change? Read more…
Rivian CEO: R3X arriving “as soon as we possibly can,” before R3
The enthusiast-oriented Rivian R3X will launch before the mainstream R3 No timeline has been given for when the R3X or R3 will arrive The Rivian R2 will go into production in 2026 and serve as the basis for the R3 The Rivian R3X electric hatchback will arrive before the base R3, Rivian CEO RJ Scaringe said in an interview with The Verge this week… Read more…
GM delays electric truck plant, punts Buick EV
GM’s Orion Assembly Plant won’t build electric trucks until mid-2026 Buick’s EV timeline just became TBD The Cruise self-driving robotaxi will no longer use the Origin purpose-built vehicle General Motors is again delaying a planned ramp-up of electric pickup trucks, as well as the first Buick EV for the U.S., reports Bloomberg (via Autoblog)… Read more…
Kodiak Robotics completes first driverless semi truck delivery ahead of commercial operations
Kodiak Robotics is touting its latest milestone in fully autonomous commercial vehicles today after completing a driverless truck delivery to partner and customer Atlas Energy Solutions in Texas. The delivery marks a key step in beginning commercialized autonomous operations as early as next year. Read more…
