Tesla (TSLA) released its financial results and shareholders letter for the fourth quarter and full-year 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 Q4 2023 earnings expectations As we reported in our… Continue reading Tesla (TSLA) releases Q4 2023 results: slight miss on earnings
Author: Electrek Newsfeed
An EV convoy is headed to Texas and Conservative Texans for Energy Innovation love it
The 2024 Model Y (Source: Tesla) An EV roadshow is headed to East Texas next week, and the Conservative Texans for Energy Innovation is helping to spearhead it. EV convoy in East Texas The Texas Electric Transportation Resources Alliance (TxETRA), Texas Electric School Bus Bus Project, and the Conservative Texans for Energy Innovation will drive a convoy… Continue reading An EV convoy is headed to Texas and Conservative Texans for Energy Innovation love it
Is Toyota’s chairman losing it? says EVs will only reach 30% share, ignoring Norway, China
Longtime Toyota CEO and chairman Akio Toyoda believes EVs will only reach 30% market share at most. The comments come despite several auto markets, like Norway and Sweden, already well past that. Toyoda, the grandson of the automaker’s founder, has been one of the most vocal opponents as the industry shifts to electric. Under Toyoda’s… Continue reading Is Toyota’s chairman losing it? says EVs will only reach 30% share, ignoring Norway, China
Tesla’s own former AI engineer trolls the company: ‘full self-wiping’
Tesla’s own former head of AI infrastructure, Tim Zaman, is impressed with the latest FSD v12 Full Self-Driving software, but he trolls the company’s AI effort. Up until last year, Tim Zaman was the head of AI infrastructure and platform at Tesla, where he worked on AI products since 2019. He was among the presenters… Continue reading Tesla’s own former AI engineer trolls the company: ‘full self-wiping’
Tesla (TSLA) earnings preview: it’s going to be an interesting one
Tesla (TSLA) is about to release Q4 2023 and full-year 2023 financial results on Wednesday, January 24, 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.… Continue reading Tesla (TSLA) earnings preview: it’s going to be an interesting one
Germany’s auto industry to axe thousands more jobs
Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components… Continue reading Germany’s auto industry to axe thousands more jobs
Nissan needs to ‘clean out the closet’ to turn around falling sales with new EVs
Nissan’s CEO needs to clean out his closet, according to his wife. The same goes for the 90-year-old automaker as it transitions to a new era. Nissan is gearing up to reveal a new EV plan as part of a midterm update to turn things around. Amid falling sales, Nissan’s CEO, Makota Uchida, is taking… Continue reading Nissan needs to ‘clean out the closet’ to turn around falling sales with new EVs
Waymo looks to launch full fleet of robotaxis in Los Angeles
The Jaguar I-Pace EVs currently being deployed / Credit: Waymo Alphabet Inc.’s autonomous driving unit Waymo is looking to expand its driverless robotaxi service in Los Angeles, where it is currently testing rides. Although, in light of the fallout from Cruise, it might not be smooth sailing. Waymo, which already has a large fleet of… Continue reading Waymo looks to launch full fleet of robotaxis in Los Angeles
Tesla Model 3 Performance resfresh spotted in the wild
An updated Tesla Model 3 Performance with a refreshed design has been spotted in the wild ahead of the launch. Over the last six months, Tesla has gradually released the refreshed Model 3, also known as Model 3 Highland. The new vehicle features an updated interior and exterior design, as well as a few new… Continue reading Tesla Model 3 Performance resfresh spotted in the wild
Tesla finally releases FSD v12, its last hope for self-driving
Tesla has finally started releasing its FSD Beta v12 update to customers, which is sort of its last hope to deliver on its self-driving promises. The Tesla v12 software update is expected to introduce what CEO Elon Musk has been calling “end-to-end neural nets”. The biggest difference with previous FSD updates is that the vehicle’s… Continue reading Tesla finally releases FSD v12, its last hope for self-driving