Elon Musk says that Tesla aims to build 10,000 Optimus robots this year, but he admits that it is an ambitious goal. With Tesla’s automotive business being down last year, Tesla CEO Elon Musk turned again to humanoid robots to stoke positivity amongst investors. During the conference call following the release of its Q4 2024… Continue reading Elon Musk says Tesla aims to build 10,000 Optimus robots this year
Author: Electrek Newsfeed
Tesla Q4 earnings call recap, PE ratios, and big Texas solar project goes online
On today’s exciting episode of Quick Charge, we explore the Tesla Q4 earnings call’s high-level weirdness, including the impact Bitcoin had on the bottom line, what it means for stock prices, and whether or not you’ll die without Tesla’s solar roof. You’ll also hear Jo ask, “What even is a P/E Ratio, and why does… Continue reading Tesla Q4 earnings call recap, PE ratios, and big Texas solar project goes online
Toyota is still the world’s top automaker, but with EV sales at just 1%, how long will it last?
Toyota maintained its title as the world’s top-selling automaker, with nearly 11 million vehicles sold in 2024. However, EV sales accounted for about 1% of Toyota’s global volume as it continued to lag the industry. With rivals like BYD and Hyundai closing in, how long can Toyota keep its spot at the top? Toyota EV… Continue reading Toyota is still the world’s top automaker, but with EV sales at just 1%, how long will it last?
Tesla announces third Megafactory as competition heats up
Elon Musk announced that Tesla is already building a third Megafactory to produce more Megapacks just as the competition in the energy storage space heats up Energy storage was Tesla’s silver lining this quarter. While its main business, the automotive business, shrank in both revenue and margins, its energy storage business grew more than 100%… Continue reading Tesla announces third Megafactory as competition heats up
Tesla FSD will ‘go ballistic’ next year, says guy who said that last year
Tesla will “go ballistic” next year on the back of its autonomy efforts says Tesla CEO Elon Musk, who said the same thing last year about this year – and many years before. Tesla held its Q4 and full year 2024 earnings today, missing expectations on revenue and earnings. The company had its first down sales… Continue reading Tesla FSD will ‘go ballistic’ next year, says guy who said that last year
Elon Musk finally admits that Tesla will have to replace its HW3 self-driving computers
Elon Musk finally admits that Tesla will have to replace its HW3 self-driving computers. He said it would be difficult, but Tesla would do it. However, no concrete plan has been For the better part of the year, we have been reporting that Tesla can’t achieve its promise of “full self-driving on HW3, and it needs… Continue reading Elon Musk finally admits that Tesla will have to replace its HW3 self-driving computers
Elon Musk: Tesla will launch unsupervised full self-driving in Austin as paid service in June
Elon Musk said today that Tesla will launch “unsupervised full self-driving in Austin as a paid service” in June. It’s a similar claim that he previously made with a few more details. During the earnings call following the release of Tesla’s Q4 2024 results today, CEO Elon Musk said: Tesla will launch unsupervised full self-driving… Continue reading Elon Musk: Tesla will launch unsupervised full self-driving in Austin as paid service in June
Volkswagen may build Porsche and Audi EVs in the US, thanks to Trump’s tariff tantrum
The next Porsche and Audi EVs could be made in the US. Volkswagen is considering moving Porsche and Audi EV production to the US after Trump threatened new tariffs on Europe, Mexico, Canada, and other major trade partners. Here’s how it would work. Volkswagen mulls building Porsche EVs in the US Volkswagen is already feeling… Continue reading Volkswagen may build Porsche and Audi EVs in the US, thanks to Trump’s tariff tantrum
Tesla guides return to growth thanks to cheaper new models and self-driving
With the release of its financial results today, Tesla is guiding a return to growth in 2025 thanks to new models and self-driving. Where did we hear that before? After market close today, Tesla released its Q4 2024 financial results, and it missed Wall Street expectations on both revenue and earnings per share. The stock… Continue reading Tesla guides return to growth thanks to cheaper new models and self-driving
Tesla (TSLA) releases Q4 2024 results: big miss on revenue and earnings
Tesla (TSLA) released its financial results and shareholders letter for the fourth quarter (Q4) and full-year 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 Q4 2024 earnings expectations As we reported… Continue reading Tesla (TSLA) releases Q4 2024 results: big miss on revenue and earnings