Germany will spend over 6 billion euros over the next three years to build electric vehicle charging infrastructure in the country. According to Reuters, the German government has approved a plan to expand its EV charging infrastructure to include over 1 million chargers by 2030. This is an increase of roughly 14 times compared to […]
Germany EV charging network is about to get 14 times larger Read More »
Tesla sales in Q3 show the brand continues its sales dominance in the United States, controlling more than seven times the market share of its nearest competitor. Kelly Blue Book (KBB) has released its sales statistics for Q3 of this year, and they have found that Tesla continues to dominate the U.S. market, despite the
Tesla’s Q3 U.S. sales outpace nearest competitor by seven times Read More »
Tesla (NASDAQ:TSLA) posted its third-quarter 2022 earnings report after markets closed today. The results, which were discussed in the Q3 2022 Update Letter, were released after the closing bell on Wednesday, October 19, 2022. Tesla started transitioning into a more regional mix of vehicle builds every week in the third quarter, resulting in the company
Tesla (TSLA) Q3 2022 earnings results: $21.4B in revenue and EPS of $1.05 per share Read More »
Tesla Cybertruck tooling has officially begun at Gigafactory Texas as the vehicle begins to enter production within the next year. Tesla released its Q3 2022 Shareholder Deck on Wednesday just after Market Close, where the Cybertruck was listed as “Tooling” instead of the “In Development” label the automaker gave it last quarter. Credit: Tesla The
Tesla Cybertruck tooling officially begins at Gigafactory Texas Read More »
Tesla’s (NASDAQ:TSLA) third-quarter 2022 earnings call comes on the heels of the company’s Q3 2022 Update Letter. Tesla’s Q3 numbers were quite impressive, with the company posting record revenue, operating profit, and free cash flow (FCF). Tesla’s FCF also exceeded $8.9 billion in the last 12 months, and operating margins reached 17.2% in the third
LIVE BLOG: Tesla (TSLA) Q3 2022 earnings call Read More »
Tesla CEO Elon Musk said the automaker’s next vehicle platform will exceed Model 3 and Model Y production output, be roughly half the cost of the Model 3 and Model Y platforms, and be smaller in size. Musk and other Tesla executives were asked about any potential developments from the next generation of Tesla vehicles.
Tesla drops new details on its next vehicle platform Read More »
Tesla announced that it delivered a record number of solar and batteries in Q3 2022. Tesla reported that energy storage deployments increased by 62% year over year from around 1.29 GWh in Q3 2021 to 2.1 GWh in Q3 2022. Tesla’s energy storage deployments include Powerwall home batteries and its utility-scale Megapack. In Tesla’s shareholder
Tesla shares record growth in solar & energy deployments for Q3 Read More »
Tesla held its third-quarter 2022 earnings call today following the release of its shareholder letter. During the call, Technoking Elon Musk said that he could see the company becoming more valuable than Apple and Saudi Aramco combined. Elon Musk said that he’d said on another earnings call that he thought it was possible for Tesla
Vitesco Technologies, an electric powertrain supplier, has received over 2 billion euros (about $1.94 billion) in orders for its BMS products. “We have signed contracts with global high-volume manufacturers, with premium car makers and with start-up companies—in all relevant markets,” says Vitesco Executive Board Member Thomas Stierle. The company says one of its contracts is
Vitesco Technologies receives 2 billion euros in BMS orders Read More »
For better or for worse, oil companies are moving into the EV charging industry in a comprehensive way. The latest gas retailer to add public charging to its offerings is Phillips 66, which recently installed DC fast chargers from FreeWire at a gas station near its headquarters in Houston. FreeWire’s Boost Charger incorporates battery storage,
Phillips 66 installs FreeWire’s battery-integrated charger at a Houston gas station Read More »