Tag: Tesla

Tesla Reports Strong Profit in Third Quarter on Soaring Sales

Tesla on Wednesday reported a big jump in its quarterly profit as sales of its electric cars soared in the three months that ended in September. The electric carmaker said it made $3.3 billion in the third quarter, up from $1.6 billion in the same period a year earlier and nearly matching the record profit… Continue reading Tesla Reports Strong Profit in Third Quarter on Soaring Sales

Japanese electric motor maker Nidec to build $715 mln Mexican plant

The Kyoto-based company already produces “e-axle” in China and Europe. Japanese electric motor maker Nidec Corp is planning to invest about $715 million to build a plant in Mexico to make electric car motors, its chief executive said in an interview with the Nikkei newspaper published on Friday. Construction is expected to begin during or… Continue reading Japanese electric motor maker Nidec to build $715 mln Mexican plant

Tesla recalls 30,000 Model X cars due to faulty airbag behavior

Tesla has issued a recall for 29,348 Model X vehicles, because their airbag might deploy incorrectly in some situations. This recall affects 2021 to 2023 Model X cars manufactured for customers in the US. According to the recall notice (PDF) published by the National Highway Traffic Safety Administration (NHTSA), the restraint control module calibration on… Continue reading Tesla recalls 30,000 Model X cars due to faulty airbag behavior

Tesla’s Chinese Rival Nio Juices Up Its European Expansion

Morningstar Research Analyst Report: NIO Inc. Nio is a leading electric vehicle maker targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched the first model,… Continue reading Tesla’s Chinese Rival Nio Juices Up Its European Expansion

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WASHINGTON, Nov 19 (Reuters) – Tesla is recalling more than 321,000 vehicles in the United States because tail lights may intermittently fail to illuminate, according to a filing made public Saturday. The Texas-based electric vehicle manufacturer said the recall covers some 2023 Model 3 and 2020-2023 Model Y vehicles, according to a filing with the… Continue reading Untitled

Clean Tecnica: 14% Of New Cars Now Fully Electric In France 002384

BEVs continue to rise in France, with last month’s registrations ending at 16,866 units, or 14% of the total market. That means it was another two-digit growth month for battery electric vehicles (BEVs) in France (12% growth). The overall market has been recovering, after a long time in the red. It was up 5% year… Continue reading Clean Tecnica: 14% Of New Cars Now Fully Electric In France 002384

Clean Technica: Twitter Isn’t Tesla — My Takeaways From The Last Three Weeks002383

Before starting this article, I went back and forth with what I wanted to use as a subtitle. Ultimately, “My Takeaways from the Last Three Weeks” edged out something about how impossible it feels to cover these companies because of how quickly the news has been going out lately. And the truth is, I used… Continue reading Clean Technica: Twitter Isn’t Tesla — My Takeaways From The Last Three Weeks002383

Clean Technica: Tesla Will Be “The Largest & Most Profitable Company In The World”002382

Ron Baron’s Baron Capital held its first annual gathering since 2019 earlier this month, featuring an interview with Tesla CEO Elon Musk in front of 5,000 investors at the Metropolitan Opera House in New York City. The interview comes during a tough year for the stock market at large, but instead of focusing on the… Continue reading Clean Technica: Tesla Will Be “The Largest & Most Profitable Company In The World”002382

Elon Musk Locks Twitter Employees Out Office, Then Asks Them to Meet Him on the 10th Floor

What’s going on over there? Worst Case Scenario Elon Musk’s Twitter-buying experiment is somehow going even worse than expected, amid reports that he’s locked employees out of the company’s office buildings. As reported by Platformer‘s Zoë Schiffer, an email sent to Twitter staff yesterday evening informed them out of the blue that they wouldn’t be… Continue reading Elon Musk Locks Twitter Employees Out Office, Then Asks Them to Meet Him on the 10th Floor