Stories by Peter McGuthrie

What to Expect: Tesla Q3 2022 Earnings Call

With Tesla’s upcoming Q3 results releasing on Wednesday, Tip Ranks shared a few notes on what we can expect from the earnings call. For one, Wells Fargo analyst Colin Langan has cut the automaker’s price target to $230 from $280 ahead of the earnings call, maintaining a Hold rating. In doing so, Langan cited price increases, […]
tesla semi hero 2022

Tesla Semi VIN Decoder Updated, Suggesting Deliveries Soon

As Tesla prepares for its first deliveries of the electric Semi, new listings in one U.S. regulator’s VIN catalog substantiate expectations that the deliveries are coming soon — and likely by the end of the year. Tesla added the Semi to the National Highway Traffic Safety Administration (NHTSA) VIN decoder document, hinting that claims of […]

Foxconn Hopes to Someday Make Cars for Tesla, Says Chairperson

Apple iPhone maker Foxconn is hoping to diversify its business as it boosts its electric vehicle (EV) manufacturing, and it even says it hopes to make Tesla’s cars, too. Taiwan’s Foxconn said on Tuesday that it hopes it can someday make cars for Tesla, as stated by Chairperson Liu Young-way at the company’s yearly Tech […]

Intel’s Mobileye Seeking $16 Billion IPO, 33% Lower Than Before

As volatility and rising interest rates seem to be quelling consumer interest in new stocks, one automated driving company is set to go public — and at a much lower price than it had planned. Intel-owned Mobileye is aiming for a $16 billion valuation in its initial public offering (IPO), which is less than one-third […]

Jeep Avenger EV Unveiled for Europe at Paris Auto Show

Stellantis unveiled its electric Jeep Avenger at the Paris Auto Show on Monday, offering both all-electric and gas versions of the car. The Jeep Avenger, the company’s first EV, is expected to help the automaker double its European sales to 300,000, according to executives at the company (via Automotive News Europe). The Avenger follows the […]

SpaceX to Add ‘Donate Option’ to Starlink for Places in Need

SpaceX Starlink is set to gain a new option to expand charity to places that require satellite internet. CEO @Elon Musk said on Monday that SpaceX will add a “donate option” for Starlink, allowing users to donate the service to places in need. The claim came in a retweet of Chipper CEO @Ham Serunjogi‘s post, […]

Tesla Ramps Up Hiring for Nearly 7,000 Jobs, Despite Recession Fears

Tesla continues to hire in several departments across the company, despite CEO Elon Musk’s multiple warnings of a coming recession. This week alone, Tesla listed over 6,900 jobs on its website, representing around a 50 percent increase in listings since mid-June, according to Reuters, which has been tracking the figure since mid-June. The number of […]

Volkswagen ID Buzz Matrix LED Headlights Test [VIDEO]

As Volkswagen’s ID Buzz electric bus makes headlines upon its first drives, one YouTube host has shared how the vehicle’s headlights work in a video. Bjørn Nyland shared a new video showing off the adaptive matrix headlights on the Volkswagen ID Buzz on Sunday as he drives around back roads in Norway. In the video, […]

Lincoln Dealers Need Extra $900,000 in Upgrades to Sell EVs, Says Ford

The top Lincoln dealerships will need to invest more money up front if they want to sell electric vehicles, says Ford. Ford said Lincoln dealerships hoping to sell electric vehicles (EVs) are facing an extra $900,000 bill, largely dedicated toward installing chargers (via Automotive News). The company is requiring Lincoln dealerships to invest around four […]