October 2022

The Boring Company tests Prufrock II, aims to beat Gary the Snail by 2024

Elon Musk recently posted a video of The Boring Company’s (TBC) Prufrock II tunnel boring machine (TBM) emerging from the ground. Musk held a small celebration with family and friends for the occasion. He also provided some updates on the ongoing quest to beat Gary the Snail. Musk explained Prufrock II emerged from the ground […]

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Tesla’s logistical challenges just “a narrow speed bump:” Wedbush analyst

Wedbush Securities analyst Dan Ives said that Tesla’s logistical challenges are “a narrow speed bump.”  Over the weekend, Tesla released its delivery and production results. The company produced 365,923 units in Q3 2022 and delivered 343,830 vehicles. The Elon Musk-led company missed Wall Street’s expectations by about 5%. The Street predicted that Tesla would deliver

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Firefly launches world’s largest carbon fiber rocket into orbit on second try

Firefly Aerospace’s Alpha rocket has successfully reached orbit on its second try, cementing the company as the victor of a mostly unintentional race between three American NewSpace startups. After weeks of delays and three aborted launch attempts on September 11th, 12th, and 30th, the second carbon-fiber Alpha rocket lifted off from its Vandenberg Space Force

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Maserati unveils first electric model, the GranTurismo Folgore

Maserati has unveiled their all-new all-electric coupe, the Maserati GranTurismo Folgore. Maserati is yet another Stelantis brand moving over to electric vehicles, but with such a storied brand in the performance/luxury gas vehicle market, there are bound to be critics. Nonetheless, the historic Italian brand hopes to create something that embodies its traditional fit, finish,

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Dissecting Tesla’s Q3 2022 delivery count, and why it missed expectations

Tesla (NASDAQ: TSLA) released its Delivery and Production numbers for Q3 2022 on Sunday, and while the automaker delivered its most productive quarter as a company yet, it missed Wall Street’s expectations. But, there’s a lot more to take away from the figures than just a company record and a miss on analyst predictions. For

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GM says Chevrolet Bolt price rollbacks spiked demand past what it can supply

General Motors (NYSE: GM) said this morning that demand for the Chevrolet Bolt EV and EUV models is outpacing what it can supply since adopting a new pricing strategy, which put the base-level trim of the car at under $30,000. In June, GM announced it would push both the new Bolt EV to a starting

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GM will pause Hummer EV production to upgrade Factory Zero for 2023 EV push

General Motors said it would pause production of the GMC Hummer EV for several weeks, starting in late November, to complete upgrades on its Factory ZERO plant in preparation for a massive electric vehicle push in 2023. GM said it would pull ahead body shop upgrades and other steps to help the automaker prepare for

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