Teletherapy company Talkspace saw its stock price rise after reporting second-quarter revenue of $35.6 million, a 19% increase over the prior year period, driven by an 82% increase in B2B revenue year-over-year and partially offset by a 41% consumer revenue decline. The New York-based company’s net loss was substantially lower in the second quarter at […]
The disapproval of Elon Musk is the top reason Tesla Model 3 owners are selling their electric vehicles and going for another brand, according to a new survey of 5,000 Model 3 owners. Since Musk acquired Twitter, the Tesla CEO has started to voice his political and social views more frequently, as well as share […]
Louise Levy, who along with hundreds of others 95 and older was part of a study to understand how their genetic makeup led to their good physical and cognitive health during extremely long lives, died on July 17 in Greenwich, Conn. She was 112. Her daughter, Lynn Neidorf, confirmed the death, at a hospital. She […]
Electric bikes are quickly growing into one of the most popular alternatives to cars for personal transportation, especially in dense cities like New York City. So why does NYC want them stopped at the border? The issue is that not all e-bikes are created equal. Higher-quality e-bikes are produced to meet a range of safety […]
Today, we get a closer look at a Tesla Cybertruck equipped with a mind-boggling wrap that makes it look like a Ford F-150 pickup truck. Earlier this week, a picture of a Tesla Cybertruck leaked from a Tesla shop. The interesting thing is that the Cybertruck in question appeared to feature a new wrap that […]
First Solar, the largest solar panel maker in the US, today announced that it will invest $1.1 billion to build a fifth US solar panel production factory. The planned factory, which will be vertically integrated, is expected to grow First Solar’s nameplate manufacturing capacity by 3.5 gigawatts (GW) to reach approximately 14 GW in the […]
Ford Motor released Q2 earnings after market close on Thursday, saying, “EV adoption will be a little slower than expected.” The automaker is pushing back its 600,000 EV run rate goal until next year. Ford’s second-quarter earnings preview After losing $2.1 billion last year, operating losses grew to $722 million (more than doubling YOY) at […]
In a much-anticipated move, the US Federal Energy Regulatory Commission (FERC) passed a new rule today that’s finally going to streamline the backed-up US grid interconnection process. At the end of 2022, there were more than 2,000 gigawatts of bottlenecked new power generation and storage waiting to be connected across the US. That’s the same amount […]
A worker at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters First Solar, the nation’s largest solar panel manufacturer, announced Thursday that it will build its fifth U.S. factory as the Inflation Reduction Act spurs a domestic manufacturing boom. The company said it will invest as much as $1.1 billion in […]
EV maker Rivian is having a big year as production and deliveries gain momentum. However, the company is looking toward the future with its next generation of products. In a recent interview, CEO RJ Scaringe compared buying an ICE vehicle in this day’s age to “building a horse barn in 1910.” He said Rivian’s R2 […]
