Tesla (TSLA) is reporting a massive increase in production capacity across all its factories, closing in on a 2 million vehicle annual production capacity. While Tesla had a tough Q2 2022 due to its forced factory shutdown at Gigafactory Shanghai, we knew that the automaker took the opportunity to increase capacity everywhere during that time.… Continue reading Tesla (TSLA) reports massive increase in production capacity across all factories
Tag: Electric vehicles
Tesla grows revenue 42%, but automotive margins decline
Tesla’s margins were impacted by inflation and fiercer competition for the components that go into EVs. Go to Source
Solid state tech could reduce EV batteries’ carbon footprint by 39%, research suggests
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Jury: Tesla just 1% to blame for teen driver’s fiery crash
Miami – A jury in Florida has found Tesla just 1% negligent in a fiery crash that killed two teens, for disabling a speed limiter on the electric car. Tuesday’s verdict placed 90% of the blame on the driver, Barrett Riley, and 9% on his father, James Riley, who brought the lawsuit against Tesla. It’s… Continue reading Jury: Tesla just 1% to blame for teen driver’s fiery crash
Valvoline Declares Quarterly Dividend
LEXINGTON, Ky., July 20, 2022 /PRNewswire/ — Valvoline Inc. (NYSE: VVV) today announced that its board of directors declared a quarterly cash dividend of $0.125 per share of Valvoline common stock. The dividend is payable on Sep. 15, 2022, to shareholders of record as of the close of business on Aug. 31, 2022. About ValvolineTMValvoline Inc. (NYSE:… Continue reading Valvoline Declares Quarterly Dividend
@Tesla: Tesla Releases Second Quarter 2022 Financial Results000091
AUSTIN, Texas, July 20, 2022 – Tesla has released its financial results for the second quarter of 2022 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update. As previously announced, Tesla management will host a live question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m.… Continue reading @Tesla: Tesla Releases Second Quarter 2022 Financial Results000091
Tesla sold 75 percent of its Bitcoin
Tesla already reported vehicle shipment numbers for the second quarter, and now its full Q2 2022 financial report (pdf) reveals it’s dealing with inflation and the overall economic downturn, as well as the “crypto winter” that has sent prices of Bitcoin plunging. In the letter to investors, Tesla execs reveal the company has sold 75… Continue reading Tesla sold 75 percent of its Bitcoin
Back-to-School Essentials for Middle School Kids
Middle school can be a bit of a culture shock for kids fresh from the grade-school playgrounds. Everything is a little more difficult, you’ve got to schlep from class to class with heavy textbooks, and everyone is acting out and acting up because of pesky hormones. Still, this dreadful time can be far easier if… Continue reading Back-to-School Essentials for Middle School Kids
German Handelsblatt: Electromobility: A trumpet with many tricks – the BMW iX xDrive 50 in the Handelsblatt Autotest004773
Powerful appearance The electric SUV BMW iX polarizes with its beefy looks. This car test is a ride against my prejudices – three of them at once. First: SUVs are as big as they are superfluous. In my opinion, apart from the driver’s need for recognition, they don’t fulfill any need that a station wagon… Continue reading German Handelsblatt: Electromobility: A trumpet with many tricks – the BMW iX xDrive 50 in the Handelsblatt Autotest004773
Crypto Is Straining the Power Grid. Congress Wants to Rein It In
All of the companies included in the investigation were asked to explain “the impacts of your facilities on energy costs to local families and businesses,” but none could describe any existing estimates or models that tracked those impacts. Those who engaged with the question said this was because they didn’t expect to have a noticeable… Continue reading Crypto Is Straining the Power Grid. Congress Wants to Rein It In