February 2023

Ford reports Q4 earnings: EPS miss, revenue beat, strong cash flow from Rivian stock sale

Ford (NYSE: F) reported its Earnings for Q4 2022 on Thursday, missing earnings per share and beating revenue expectations, but CEO Jim Farley said the company “left about $2 billion on the table.” Ford reported an EPS of $0.51 per share, with analysts expecting $0.62 per share. Additionally, revenue landed at $41.8 billion, while Wall […]

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SpaceX Starlink Gen2 mission marks Falcon 9 rocket’s 200th successful launch

A day and a half after its 200th launch overall, SpaceX’s Falcon 9 rocket has successfully launched for the 200th time. Falcon 9 has only suffered two mission-related failures in flight: one partial failure in 2012 and a catastrophic failure in 2015. Falcon 9’s 2015 failure entirely destroyed the rocket and its cargo-carrying Dragon spacecraft

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SpaceX preparing for surge of geostationary satellite launches

SpaceX is preparing for a surge of geostationary communications satellite launches after several slow years. In the late 2010s, orders of large geostationary commsats plummeted. Formerly a mainstay of the commercial launch industry, western geostationary satellite launches became much rarer in 2019 and the early 2020s. That downturn was especially noticeable for SpaceX, where geostationary

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Tesla Giga Nevada expansion tax breaks to remain secret for now: NV officials

Tesla’s Gigafactory Nevada facility will undergo a serious expansion that would allow it to mass produce the Tesla Semi and produce 100 GWh of 4680 battery cells per year. But while the idea of a Giga Nevada expansion is compelling, Nevada state officials have signed a non-disclosure agreement with the EV maker that will keep

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Tesla looks to bolster its AI talent with recruitment center in Silicon Valley

Tesla is putting in a lot of effort to attract and recruit AI talent. Apart from dedicated events such as last year’s AI Day 2022, the company is reportedly setting up a large recruitment office in the middle of Silicon Valley.  Nikkei Asia noted that at the end of January, a rather inconspicuous sign bearing Tesla’s

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Tesla China sells 66k vehicles in January despite Chinese New Year break

Data released by the China Passenger Car Association (CPCA) has revealed that Tesla China sold 66,051 Gigafactory Shanghai-made vehicles in January 2023. The number covers cars that were sold domestically and exported abroad.  Tesla China’s January 2023 wholesale results indicate that the electric vehicle maker sold 10.37% more cars year-over-year and 18.38% more units month-over-month.

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Tesla’s “Project Highland” Model 3 photos hint at upcoming updates worth keeping secret

Tesla has always had a rebellious streak. It doesn’t follow the dealership model, its cars are sold with most options already built in, and its CEO does not lead the company like a traditional chief executive. It is then noteworthy when Tesla — despite its tendency to behave like a rebel — adopts practices that

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Tesla Cybertruck alpha prototype shows off its bed’s capacity by carrying multiple off-road tires

As a pickup truck, the Tesla Cybertruck will be judged in part based on the utility that it can offer its users. With this in mind, the capacity of the vehicle’s bed would likely be one of Cybertruck’s make-or-break points. Making it too small would compromise the vehicle’s utility, and making it too large would

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