Elon Musk says that Tesla is waiting for inflation to “calm down” before it can finally start reducing the prices of its electric vehicles, which have increased 20-30% over the last two years. Early in the electric vehicle revolution, one of the main complaints was the cost. EV enthusiasts counter the argument with the claim… Continue reading Elon Musk: Tesla is waiting for inflation to ‘calm down’ before finally reducing EV prices
Tag: Tesla
Tesla accounts for half of China’s electric vehicle exportations
Tesla’s Model Y and Model 3 exportation from Gigafactory Shanghai accounts for half of China’s electric vehicle exportation during the first half of 2022. When Tesla first announced its plan to build a giant electric car factory in Shanghai, CEO Elon Musk said it was solely to supply China’s local demand for electric vehicles and… Continue reading Tesla accounts for half of China’s electric vehicle exportations
1,500 Tesla Powerwall owners have already joined the new virtual power plant in California
PG&E announced that more than 1,500 Tesla Powerwall owners have already decided to joined the new virtual power plant it launched in partnership with Tesla in California. A virtual power plant (VPP) consists of distributed energy storage systems, like Tesla Powerwalls, used in concert to provide grid services and avoid the use of polluting and expensive… Continue reading 1,500 Tesla Powerwall owners have already joined the new virtual power plant in California
Musk says Tesla can lower car prices if inflation ‘calms down’
Tesla hiked prices across its models as recently as June, increasing the cost of its Model Y long-range from $62,990 to $65,990. Go to Source
German Manager Magazin: Tesla: Elon Musk wants to lower prices for Tesla models – under conditions001923
The US automaker Tesla has increased the prices for its models by several thousand dollars several times in the past few months. The company had given the increased raw material prices as the reason, in particular the prices for aluminum and lithium – these raw materials are used for batteries. Now Tesla boss Elon Musk… Continue reading German Manager Magazin: Tesla: Elon Musk wants to lower prices for Tesla models – under conditions001923
Australian mobility clubs buy major charging network, plan massive expansion
Australia’s largest motoring groups have taken full ownership of the country’s biggest EV charging network, Chargefox, a move which is expected to provide the capital for a massive rollout of fast charging stations across the country. The motoring groups, or mobility clubs, including the NRMA, RACV, RACQ, RAC, RAA and RACT, already owned 40 percent… Continue reading Australian mobility clubs buy major charging network, plan massive expansion
Russian Space Chief Leaving Post, May Be Headed to War Zone
It’s official. The ever controversial head of the Russian space program, Dmitri Rogozin, is being replaced by deputy prime minister Yury Borisov, according to an official statement by the Kremlin. “Bye, Dmitri!” tweeted Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics. It’s unclear what Rogozin’s next gig will be, but according to Russian… Continue reading Russian Space Chief Leaving Post, May Be Headed to War Zone
Twitter and Elon Musk have their first court hearing on July 19th
Twitter won’t have to wait long to take Elon Musk to court, in a limited fashion. Reuters reports that Delaware Court of Chancery chancellor Kathaleen McCormick has scheduled the first hearing for Twitter’s lawsuits on July 19th at 11AM Eastern. The 90-minute session will have a judge hear arguments relating to Twitter’s request for a… Continue reading Twitter and Elon Musk have their first court hearing on July 19th
German Handelsblatt: Corona lockdowns: “Logistics chains are working normally again”: Volkswagen is recovering in the most important sales market004717
Volkswagen schöpft neue Zuversicht auf dem wichtigen chinesischen Automarkt. VW-Chinachef Stephan Wöllenstein sagte am Freitag bei einem Pressegespräch in Peking: „Die ökonomischen Indikatoren bewegen sich in die richtige Richtung.“Es gebe gute Chancen, die Ausfälle aus dem ersten Halbjahr aufzuholen und ein vergleichsweise ordentliches Ergebnis für das gesamte Jahr zu erreichen. Etliche Regionen Chinas hatten im… Continue reading German Handelsblatt: Corona lockdowns: “Logistics chains are working normally again”: Volkswagen is recovering in the most important sales market004717
Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings
Yahoo Finance’s Pras Subramanian discusses a Morgan Stanley analyst note that was bearish on the auto sector but more optimistic about Ford and General Motors, plus an overview of the auto market and EV charging network. Video Transcript [MUSIC PLAYING] DAVE BRIGGS: Morgan Stanley slashing price targets for the automakers today. The firm forecasting lower… Continue reading Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings