Elon Musk dismissed a serious question from investors about his negative impact on Tesla’s reputation following his political comments and Twitter acquisition. He not only dismissed the question, but he gave a douchey answer bragging about his number of followers. During Tesla’s Q4 2022 conference call following the release of its financial results, Musk was […]
Texas is hot below ground and full of folks with oil and gas drilling expertise, so that makes it ripe for a geothermal energy boom, according to a new study from researchers at five Texas universities. Researchers from The University of Texas at Austin, Southern Methodist University, Rice University, Texas A&M University, and the University […]
With the release of its Q4 2022 earnings today, Tesla is making it clear to shareholders that it plans to keep cutting the cost of its electric vehicles to withstand “uncertain” times. If there were a theme to Tesla’s Q4 2022 shareholder letter published today, it would be cost-cutting. Tesla started out by writing: As […]
Chevron last month reported its second-highest quarterly profit ever. Justin Sullivan | Getty Images News | Getty Images Energy giant Chevron announced a $75 billion stock buyback program and a dividend hike on Wednesday evening. Shares of Chevron were up more than 2% in extended trading. The buyback program will become effective on April 1, […]
The owner of Polestar and Volvo brands, Geely, is teasing a new electric sedan set to debut later this year officially. Polestar and Volvo maker teases new electric sedan Zhejiang Geely Holding Group, or Geely as it’s commonly referred to, is a massive Chinese company with majority ownership in several prominent global automakers like Volvo, […]
Tesla (TSLA) has released its financial results and shareholders letter for the fourth quarter and full-year 2022 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 2022 earnings expectations Yesterday, we posted our […]
According to a recent patent filing, supercar specialist Ferrari intends to implement unique engine noises in its upcoming EVs. It just needs to build them first. The patent includes a system that reproduces combustion engine noises that can be synced with the increased acceleration of the vehicle’s electric motor(s). While this may simply sound like […]
The big climate, energy efficiency, and EV bill – the Inflation Reduction Act (IRA) – became law in August. It’s packed with loads of rebates and tax credits that will help Americans purchase everything from electric vehicles to high-efficiency electrical appliances to heat pumps. If you’re ready to electrify but you’re not sure which rebates […]
Tesla (TSLA) used car prices have crashed $18,000 since their peak six months ago, bringing a new level of affordability to the electric car brand. Most car buyers can’t afford a new car and turn to the used car market, which is a critical part of the auto industry. When it comes to electrification, we […]
In short, Joe Manchin opposes EV adoption. Straight up. In his latest obstruction against electric vehicles and limiting carbon emissions, the Democratic Senator representing the nation’s second-largest supplier of coal has introduced a new bill that immediately calls for strict enforcement of revised terms for EV tax credits laid out in last year’s Inflation Reduction […]