Chinese EV battery maker CATL continues its reign as the world’s largest battery manufacturer after posting robust growth in its Q2 earnings. As the transition to electric vehicles in the auto industry gains momentum, the need to lock up critical EV battery materials is becoming evident. Automakers are scrambling to lock up deals with EV… Continue reading Tesla, BMW’s EV battery manufacturer, CATL, doubles profits in Q2 earnings
Tag: Tesla
Tesla releases new deep-dive presentations on its Dojo AI supercomputer
Tesla has released two new deep-dive presentations into its Dojo AI supercomputer ahead of its upcoming AI Day 2. You can check the slides from both presentations below. Dojo is Tesla’s own custom supercomputer platform built from the ground up for AI machine learning and more specifically for video training using the video data coming… Continue reading Tesla releases new deep-dive presentations on its Dojo AI supercomputer
Tesla stock set for 3-for-1 split after market close
Tesla shares will begin trading on a split-adjusted basis Thursday. Go to Source
Chinese Tesla rival Xpeng tanks 12% after wider-than-expected loss and weak car delivery guidance
Xpeng said it expects to deliver between 29,000 and 31,000 electric vehicles in the third quarter, lower than what the market had expected. Go to Source
Elon Musk scolds Tesla owner for complaining about glitchy self-driving system
This content is only available to subscribers. Get unlimited digital access. $22 for 2 Years. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Elon Musk scolds Tesla owner for complaining about glitchy self-driving system
Tesla, Nio Suspend EV Charging Services as China Power Cuts Bite
(Bloomberg) — China’s power crisis is affecting electric-car owners, with automakers including Tesla Inc. and Nio Inc. suspending some charging facilities. Most Read from Bloomberg User apps show charging stations are down in Chengdu in Sichuan province — where the nation’s worst drought since the 1960s has slashed hydropower generation at the same time a… Continue reading Tesla, Nio Suspend EV Charging Services as China Power Cuts Bite
FTC drops Meta from antitrust suit, Pharmapacks to close, Tesla, Nio suspend EV charging in China
Reuters ECB’s Rehn sees several benefits to possible digital euro HELSINKI (Reuters) -A possible digital euro currency, which the European Central Bank is studying, could have several benefits such as facilitating cross-border payments and providing a digital monetary anchor, Finnish ECB policymaker Olli Rehn said on Tuesday. The investigation phase for the digital euro is… Continue reading FTC drops Meta from antitrust suit, Pharmapacks to close, Tesla, Nio suspend EV charging in China
China’s Natural Calamities Disrupt Tesla, Nio’s EV Charging Services
Reuters Young adults with disabilities find community on social media Frustrated by what they felt were misperceptions of people with disabilities, Logan Kelble began posting dance videos on TikTok and bold, colorful fashion and makeup looks on Instagram – often with their feeding tube on full display. Kelble, a 22-year-old living in West Virginia who… Continue reading China’s Natural Calamities Disrupt Tesla, Nio’s EV Charging Services
Tesla Stock Vs. BYD Stock: Tesla Hikes FSD Price Even As Safety Probes Mount; BYD Seal Looms
Insider Monkey Top 10 Losers on Tuesday In this article, we will take a look at the top 10 losers on Tuesday. If you want to check out some other stocks losing value today, go directly to Top 5 Losers on Tuesday. Microblogging platform Twitter, Inc. (NYSE:TWTR), pharmaceutical giant Pfizer Inc. (NYSE:PFE) and communications technology… Continue reading Tesla Stock Vs. BYD Stock: Tesla Hikes FSD Price Even As Safety Probes Mount; BYD Seal Looms
EV prices are going in the wrong direction
One of the major barriers to mass adoption of electric vehicles is cost. EVs are just way too expensive, with the average price hitting an all-time high earlier this summer of $66,000. That’s disappointing because the auto industry has always promised that prices would come down as EV battery packs became more efficient to manufacture.… Continue reading EV prices are going in the wrong direction