February 2023

Tesla signs $2.9B battery materials deal with S.Korean supplier L&F: report

Recent reports have indicated that Tesla has signed a high-nickel cathode supply deal with South Korean battery cathode material company L&F Co Ltd. The deal is reportedly worth KRW 3.83 trillion ($2.9 billion).  The South Korean company shared some details of its deal through a public filing on February 28, 2023. In the disclosure, L&F […]

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Fisker’s optimistic 2023 forecast “borderline ludicrous:” CFRA analyst

Electric vehicle maker Fisker opted to maintain its production forecast for the year. The update was received warmly by investors, as evidenced by Fisker stock rising 30.28% to $7.40 per share on Monday. However, some Wall Street analysts received Fisker’s forecast with skepticism, with CFRA Research analyst Garrett Nelson dubbing it “borderline ludicrous.”  The past

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Tesla China sees 10,705 insurance registrations in February’s 4th week

Tesla China saw a significant recovery in vehicle insurance registrations in the week of February 20-26. As per industry watchers in China, Tesla saw a total of 10,705 insurance registrations for the week ending February 26. In the previous week, Tesla China saw 5,913 registrations.  Industry watchers point to Tesla China seeing 7,946 Model Y

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Tesla’s Elon Musk is the world’s wealthiest person again

Tesla CEO Elon Musk successfully reclaimed his title as the world’s wealthiest individual by net worth. Musk achieved the feat on Monday as Tesla shares surged 5.46% to $207.63 per share.  With the 5.5% rise in TSLA shares, Musk’s net worth was pushed to $187.1 billion, as per data tracked by the Bloomberg Billionaires Index.

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Tesla CEO Elon Musk and Mexico President’s call went “really well:” Official

It appears that the talk between Tesla CEO Elon Musk and Mexico President Andres Manuel Lopez Obrador was quite successful. As per Mexican officials, the conversation between the CEO and President went really well.  Recent reports have suggested that Tesla is on the verge of announcing an investment for a dedicated facility in Mexico. But

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Vinfast US deliveries, Rivian R1T owners satisfied, brake and tire emissions: Today’s Car News

Vinfast says that it’s delivering its first U.S.-market EVs to customers tomorrow. A study suggests that brake and tire pollution may exceed that from tailpipes. And the Rivian R1T is making owners very happy. This and more, here at Green Car Reports. New results out this morning from survey giant J.D. Power suggest Rivian is

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