During Tesla’s Q2 earnings call webcast, CEO Elon Musk shared some opening remarks on the company’s quarter, plus also detailed the ongoing global chip shortage. In a somewhat of a surprise mention, Musk said that to better make use of his limited time, “going forward I won’t be on earnings calls unless there’s something important […]
Tesla CEO Elon Musk said some opening remarks during its Q2 webcast the global chip shortage situation “remains quite serious”. Musk said the growth rate of Tesla is being controlled by chips, which are the slowest to appear in its supply chain. The company said all parts are ready except for these chips, with Musk […]
With an unofficial order tracker for Tesla’s Cybertruck showing over 1 million pre-orders, what’s the latest update for the company’s futuristic electric truck? In Tesla’s Q2 2021 letter to investors, the company says Cybertruck production will follow Model Y production at its upcoming Gigafactory under construction in Austin, Texas. “We are also making progress on […]
For those following the constructions of Tesla’s upcoming Gigafactories in Berlin, Germany, and Austin, Texas, the company provided a production update during its Q2 earnings today. Tesla says “we believe we remain on track to build our first Model Y vehicles in Berlin and Austin in 2021.” Update: During Tesla’s earning call today, Elon Musk […]
After announcing a record Q2 with net income hitting $1.1 billion for the first time and overall revenue reaching $11.9 billion, there are more details to share from Tesla. Tesla says its number of Supercharger stations worldwide reached 2,966, up 46% year-over-year. The company’s individual Supercharger connectors reached 26,900, up 49% year-over year. The electric […]
Tesla has announced its quarterly earnings for Q2 2021 and the company has “broke new and notable records.” Tesla saw a total of $11.9 billion in total revenue for Q2. The electric automaker achieved an operating margin of 11% and exceeded $1 billion of GAAP net income for the first time in its history, despite […]
Tesla will report its second-quarter earnings later today, and despite an ongoing worldwide semiconductor chip shortage, most analysts are predicting the company to report record earnings for the quarter, in which the company delivered an also record-breaking 206,000 vehicles. With over 206,000 vehicles delivered in Q2, Tesla’s revenue in the quarter could land as high […]
We reported earlier this year on Lucid Motors planning to go public after merging with Churchill Capital Corp IV, and after Tuesday, the company officially has followed up on those plans. Lucid Motors (LCID) went public on NASDAQ on Tuesday, opening with a listing price of $25.24 USD, according to an email from the company’s […]
The first round of Tesla Model 3 deliveries arrived in Singapore earlier this month, and just as the electric vehicles (EVs) are arriving, a Singapore service center has also opened its doors in the island city-state. Another round of Tesla vehicles was spotted arriving in Singapore on Monday by Philip Koh (via @TeslaOwnersSG), coinciding with […]
Tesla’s vehicles are hardy, to be sure, and while the current mass flooding in mainland China rages on against many vehicle owners, Tesla owners can trust that they’ll likely be able to get through the season without ruining their cars. In a heart-wrenching new video shared by @Austin Tesla Club we can see a Tesla […]
There really is no questioning how fast the Tesla Model S Plaid is at this point with its varied acceleration modes and impressive speeds, and according to a new video shared on YouTube, the vehicle is still not done breaking acceleration records. On Saturday, one Tesla Model S Plaid driver set a new world record […]
Tesla’s Gigafactory Texas was awarded the “Manufacturing Project of the Year” last month, and as the factory begins preparing for production later this year, even the head of the company is praising the site. In response to an article on Tesla’s Model Y production preparing to start, Tesla CEO @Elon Musk claimed he was at […]
A thread posted to Reddit on Friday highlights the possibility of the 2021 Model Y and the 2021 Model 3 getting yet another new icon for the electric door release button — an arrowhead pointing towards the direction the door is supposed to open. Originally, the door release buttons on the Model 3 and Model Y […]
For some Tesla owners, it appears their vehicles are now appreciating assets on the used car market. With what appears to be heavy demand for used vehicles and also pressure on Tesla’s parts supply chain, some owners in the United States are seeing their trade-in values increase over time. According to The Kilowatts on Saturday […]
Toronto’s first Tesla V3 Supercharger installation has finally gone live, according to user CanadaGoose on the TMC Forums. The facility features 12 Superchargers capable of a peak power output of 250 kW per car, and is located at the Hotel X, 111 Princes’ Boulevard, Toronto, ON. Plans for the site were uncovered back in January, with construction […]
