President Joe Biden continues to ignore mentioning or acknowledging the achievements of Tesla, when it comes to electric vehicles. Biden shared a video on social media yesterday, where he stands beside General Motors CEO Mary Barra, touting the latter’s recent $7 billion EV investment into the state of Michigan. “I meant it when I said […]
Update: SpaceX says the launch has been delayed due to “unfavorable weather” and they will now try again on Friday, January 28: Due to unfavorable weather, now targeting Friday, January 28 at 6:11 p.m. EST for launch of COSMO-SkyMed Second Generation FM2 — SpaceX (@SpaceX) January 27, 2022 SpaceX announced on Thursday it is set […]
Tesla shared more details about its Tesla Bots, or humanoid robots at its Q4 2021 earnings call today. The automaker stressed it would not be launching any new vehicles this year, as it would put constraints on existing production and deliveries. But in the meantime, it would be still working on engineering and tooling used […]
During Tesla’s Q4 2021 earnings call, the automaker provided an update on its $25,000 USD car. “We’re not currently working on the $25,000 car,” said CEO Elon Musk. “At some point we will,” he added, saying Tesla has “enough on our plate right now,” and it’s “too much, frankly” at the moment. Musk said the […]
Tesla announced on its Q4 2021 earnings call the next market for its Tesla Insurance product, which offers insurance based on real-time driving data collected by the company’s Safety Score metric, will be Europe. Currently, Tesla Insurance is only available in Arizona, California, Illinois, Ohio and Texas. Tesla says its insurance product “encourages safer driving,” […]
Tesla confirmed on its Q4 2021 earnings call its Cybertruck and new Roadster won’t launch this year and will “hopefully” launch next year, said CEO Elon Musk. The company said while it won’t be launching new vehicles this year, it will be creating engineering and tools to create those vehicles, and start production hopefully by […]
Tesla CEO Elon Musk confirmed on the company’s Q4 2021 earnings call its upcoming Gigafactory in Austin, Texas, will begin production with the company’s latest 4680 structural battery packs. The automaker confirmed it is already installing 4680 structural packs at Giga Texas. Tesla shared a picture of seats being attached to its new structural pack. […]
Tesla’s Q4 2021 earnings resulted in another record quarter, with revenue beating Wall Street’s expectations, at $17.71 billion. The automaker shared a couple of charts detailing its lead versus other established automakers, such as GM, Toyota, BMW, Honda and more. Tesla’s vehicle delivery growth (time-to-market) currently continues to outpace legacy automakers, in particular for Q4. […]
Tesla produced 305,840 cars in Q4 2021, and the automaker said this was achieved partly by record production from its factory in Fremont, California. The automaker said Q4 “saw a continuation of global supply chain, transportation, labor and other manufacturing challenges, limiting our ability to run our factories at full capacity.” While Tesla states its […]
Tesla announced record Q4 2021 earnings today, and during the company’s update, it also shared some more details on Autopilot and Full Self-Driving (FSD). The electric automaker said, “the team continued to iterate on FSD Beta software, releasing seven updates throughout the quarter.” Tesla also revealed its FSD beta testers have now reached close to […]
After announcing its record Q4 2021 earnings, Tesla also shared new photos of its upcoming Gigafactories in Texas and Berlin. Tesla produced a record number of vehicles from its Fremont factory in California, but what’s coming is even more exciting. Below are images shared within the company’s Q4 2021 shareholder slide deck. Gigafactory Berlin – […]
Tesla has announced its Q4 2021 earnings on Wednesday afternoon, reporting numbers higher than Wall Street expectations. The automaker reported $2.52 earnings per share, while revenue was at $17.72 billion, both beating Refinitiv data of $2.36 and $16.57 billion from analysts. Revenue was up 65% YoY. Tesla saw 27.4% gross margin, up from 26.6% in […]
Earlier this month, Tesla and SpaceX CEO Elon Musk admitted flight trackers using publicly available data, that share the location of his private jet, are becoming a security risk. Now, Protocol reports on the Twitter direct message conversation Musk had with @ElonJet, the most popular flight tracker with over 83,000 followers. The owner of the […]
Earlier this week, we saw Tesla unload its latest Cybertruck prototype at its Gigafactory in Austin, Texas, and the delivery saw numerous pictures and videos shared to the web. Now, on the eve of Tesla’s Q4 earnings call, CEO Elon Musk said he thinks the new Cybertruck is “awesome.” “Been driving latest Cybertruck prototype around […]
DragTimes has shared a video of Tesla’s Model S Plaid against the Lucid Air Dream Edition in a series of drag races at the Hennessey drag strip in Sealy, Texas. The YouTube channel shared some 1/4 mile times of the Lucid Air Dream Edition last week and now we have footage of the electric sedan […]
