After electric car sales fell nearly 25% in the second quarter, Hyundai will lean on hybrids to boost growth. Despite a short-term “Chasm,” Hyundai expects EVs to lead long-term growth. As such, the company is doubling down on its IONIQ lineup and new low-cost EVs like the Casper Electric (Inster EV overseas). Uncertainty brewing “Despite
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Tesla has warned against a trick that involves placing a wet towel around a Supercharger connector to speed up the charging process. If you have been using a Tesla Supercharger lately or have Tesla stuff in your algorithm, you might have seen people place wet towels on a Supercharger connector while charging. Many people have
Is an electric Hyundai or Kia pickup on the way? Ford’s F-150 Lightning was recently spotted with Korean test plates near Hyundai’s facility, fueling speculation that an EV pickup may be closer than expected. Ford’s F-150 Lightning caught testing near Hyundai plant Kia has already announced plans to launch an electric pickup. In 2022, Kia
The all-electric Porsche Cayenne is on its way. Porsche confirmed the next-gen Cayenne will be electric. Meanwhile, Porsche plans to keep hybrid and gas models around a while longer. Porsche gave us a sneak peek as the first Cayenne Electric prototypes hit the road for testing. Check it out below. The fourth-gen Cayenne will be
YouTube star MrBeast has responded to grooming allegations against his friend and collaborator Ava Kris Tyson. Tyson, 28, has denied allegations made earlier this month of sending inappropriate messages to a minor, reportedly a 13-year-old, when she was aged 20. She announced on Tuesday she had “mutually decided it’s best I permanently step away from all
Tesla has officially paused its Gigafactory Mexico project over a potential Trump election win, which would greatly reduce the factory’s profitability. Tesla officially announced Gigafactory Mexico back in March 2023, and until recently, we were wondering what was the hold up to start production after the automaker said it wanted to move fast. In October, Tesla confirmed that
Ford (F) released its second-quarter earnings on Wednesday. Although Ford beat top-line expectations with revenue up 6%, it missed Q2 2024 earnings expectations by a wide margin. Ford Q2 2024 earnings preview After EV sales surged 61% year-over-year in Q2 2024, Ford remained the second best-selling EV maker in the US behind Tesla. With nearly 23,957
Tesla held its quarterly report yesterday, and stated that five major products would be ready for action next year. This would suggest that Tesla has a truly historic year coming up for it, set to disrupt trucking, sportscars, taxis, driving in general, and, oh, just all human work. But we’ve heard all this before, and
The Irvine Police Department announced that it will get a Tesla Cybertruck police vehicle upfitted by Unplugged Performance. Tesla vehicles have become popular with police departments around the world, but especially in the US. They are finding out that for their use cases, Tesla vehicles, especially Model Y, fit their needs perfectly while drastically cutting
Elon Musk reiterates that the ‘forever coming next’ next-gen Tesla Roadster will go into production in 2025. The prototype for the next-generation Tesla Roadster was first unveiled in 2017, and it was supposed to come into production in 2020, but it has been delayed every year since then. It has become a sort of running
Elon Musk says that he would be ‘surprised’ if Tesla doesn’t have “unsupervised” self-driving next year. Though, like most of Musk’s self-driving timeline, you should probably ignore. Musk has famously predicted that Tesla would achieve self-driving “by the end of the year” every year since 2019. Lately, the CEO has been more careful regarding those
Tesla has reiterated its plans to build cheaper electric vehicles, but you shouldn’t expect the previously announced $25,000 electric car. When Tesla announced its plan for its 4680 cell, structural battery pack, and unboxed manufacturing process, the automaker said that a combination of those technologies would enable Tesla to launch a $25,000 electric car. However,
Tesla has confirmed a new date for the unveiling of its upcoming Robotaxi, a dedicated self-driving vehicle. It is now planned for October 10th and CEO Elon Musk is hinting at potential ‘one more thing’ at the event. Earlier this month, Bloomberg reported that Tesla is delaying the unveiling of the Robotaxi, which was planned for
Tesla (TSLA) released its financial results and shareholders letter for the second quarter (Q2) of 2024 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. Tesla Q2 2024 earnings expectations As we reported in our
Can Volkswagen double its US market share by 2030? That’s the plan. VW will lean on new EVs, including a Scout-branded electric pickup and SUV, and its new Rivian partnership to charge up sales. Volkswagen’s US sales rose 31% in the second quarter compared to last year. Besides the Jetta, SUVs accounted for the bulk
Tesla has released an encouraging update on the development of its 4680 battery cells, which it was reportedly close to giving up on. According to a recent report, Elon Musk reportedly gave an end-of-the-year deadline for Tesla’s team to deliver on the 4680 battery cell, which it first unveiled in 2020 and claimed would drastically
Jeep Wagoneer S Trailhawk concept (Source: Jeep) Jeep plans to launch the electric Gladiator we’ve been waiting for. Although it won’t hit the market for another few years, Jeep hopes the Gladiator EV can fend off top-selling rivals like Rivian’s R1S and R1T and Tesla’s Cybertruck. Here’s what to expect from the electric Jeep pickup.
Tesla (TSLA) is about to release Q2 2024 financial results on Tuesday, July 23, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results. Here, we’ll take a look at what both the street and retail investors are expecting for the quarterly results. Tesla Q2 2024
On today’s episode of Quick Charge, the Cybertruck gets homolgated in Canada, Elon delays the Optimus robot for up to a full year, Hyundai’s feeling skittish about a possible victory for Donald Trump this November, and a Club Car shows off a real MAN’s truck – finally! Now that the Tesla Cybertruck has become the
Porsche is backing off its goal of 80% EV sales in 2030. Although it could still happen, Porsche said the target was too ambitious and the transition “will take longer than we assumed.” Despite several highly-anticipated electric vehicles launching over the next few years, Porsche is no longer committing to its 80% EV sales goal
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