Tesla (TSLA) released its financial results and shareholders letter for the third quarter of 2023 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 Q3 2023 earnings expectations As we reported in our Tesla
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Tesla has announced that Cybertruck deliveries will start in November and weirdly claims to have already deployed production capacity for 125,000 trucks per year. Today, Tesla released its Q3 2023 financial results and as expected, there was an update about Cybertruck in there. In the quarterly presentation, Tesla mentioned that “pilot production” of the Cybertruck
Detroit-based electric RV startup Grounded revealed its new G2 Wednesday, claiming to be “the world’s first 250-mile range all-electric solar-equipped RV.” With long-range capabilities, the solar electric RV allows you to get closer to nature without harming it. “The G2 is radically different from any other offering on the market,” Sam Shapiro, Grounded CEO and
The new recall impacts certain 2021-2022 Ford Mustang Mach-E vehicles with extended-range batteries. Ford issues new Mustang Mach-E recall Ford’s recall comes after the National Highway Traffic Safety Administration (NHTSA) opened an investigation into the automaker’s handling of a June 2022 safety recall this summer. The 2022 recall covered nearly 49,000 2021-2022 Mustang Mach-E vehicles
Tesla has unveiled a plan for a 120-acre pilot project for its promised ecological paradise at Gigafactory Texas. When first discussing the Gigafactory Texas project, CEO Elon Musk said that Tesla planned to turn the area around the Colorado River on the site into an “ecological paradise” open to the public. When Musk announced that, he didn’t
Tesla employees in Sweden are threatening to go on strike for better pay as several unionization efforts are starting to put more pressure on the automaker. For the most part, Tesla has managed to fend off major unionization efforts at its factories, but there seems to be renewed efforts to help Tesla workers have collective
Utility-scale solar and wind provided the majority (53%) of new US generating capacity added in the first two-thirds of 2023, according to new FERC data. In its newly released monthly “Energy Infrastructure Update” report (with data through August 31, 2023), the Federal Energy Regulatory Commission (FERC) says solar provided 8,980 megawatts (MW) of new domestic
The BBC daytime soap Doctors will end after 23 years, with the corporation blaming “super inflation” in drama production and “funding challenges”. The series, about the doctors and staff at a busy Midlands GP practice, launched in 2000. Its final episode will air in December 2024 and the BBC said it will be working to
The next-generation BMW 5 Series is entering market availability globally, including the new i5 EV. The US will see the i5 Sedan arrive for sale in just a matter of weeks, before October’s end. It’s unclear if the eDrive 40 and M60 xDrive will both be available at launch, but BMW’s release would seem to
Lower-priced electric cars are on the way. Hyundai is slashing EV lease prices on the IONIQ 5 and IONIQ 6, offering some of the cheapest rates since launching. Hyundai looks to keep the momentum rolling as the EV price war intensifies. According to a new bulletin sent to dealers recently (via CarsDirect), Hyundai is making
Tesla has started to roll out its new “Driver Drowsiness Warning” feature, which leverages the cabin camera for driver monitoring. Over the years, Tesla has been criticized for not emphasizing driver monitoring with its advanced driver-assist features under the Autopilot and Full Self-Driving packages. For years, Tesla was only able to detect torque on the
Britney Spears says she had an abortion while dating Justin Timberlake more than 20 years ago. The revelation came from an excerpt of the US pop star’s upcoming memoir – a selection of extracts which were published on Tuesday by People magazine. In the excerpt, Spears described the pregnancy as a “surprise”, but wrote: “For
BMW Group is the latest legacy automaker to confirm it will adopt the North American Charging Standard (NACS), delivering EV drivers in the US and Canada access to Tesla’s Supercharger network. The North American Charging Standard began as Tesla’s proprietary charging connection but, like many innovations from the American automaker, is quickly becoming the go-to
Tesla hasn’t released an Autopilot safety data report in about a year. It’s not clear why, but it is disappointing as the company is being opaque with its self-driving data while missing timelines to deliver on its promises. Since 2018, Tesla has been trying to create a benchmark for its improvement in Autopilot safety by
Tesla has released a new video demonstration of its latest self-driving software following Elon Musk’s underwhelming livestream. A few months ago, Elon Musk did a livestream of a drive on Tesla’s latest “Full Self-Driving” software in the Bay Area. The idea was to showcase Tesla’s new neural net-based vehicle controls, but the stream was far
NHTSA announced that Tesla is recalling over 54,000 Model X, but the fix for the “recall” is another over-the-air software update. There’s a lot of debate in the Tesla community about whether or not it’s fair to call those issues “recalls” since the word generally refers to having to physically recall a vehicle to the
Ahead of the Japan Mobility Show taking place next week, Nissan has unveiled its third EV concept this month. The Hyper Tourer is an exercise to shoebox aerodynamics that will join two other previously teased concept renderings as a physical presence in Japan. It’s been a busy month for Nissan and especially its team of
A small fleet of Tesla Cybertrucks has been spotted at Gigafactory Texas ahead of an expected delivery event announcement. It feels like the Cybertruck test program ahead of the official start of production is one of the biggest ones for Tesla to date. Lately, we have been seeing a lot of Cybertruck release candidates all
Tesla Supercharger (Source: Tesla) Tesla is starting to predict Supercharger availability upon arrival by looking at how many vehicles are going to the charging station. Currently, if you need to stop at a Tesla Supercharger station, you can look at your in-car navigator to quickly check how many stations are available. This is very useful
Following the launch of its all-electric compact crossover called the #1, smart has introduced a new lower priced base model called the “Pro.” By switching to LFP batteries, the #1 Pro offers lower range than its trim siblings, but at a more affordable price for consumers. Germany’s Smart Automobile Co., Ltd. was founded in the
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