Elon Musk finally admits Tesla’s HW3 might not support full self-driving and that he doesn’t actually know what it will take. Millions of Tesla vehicles are equipped with HW3 computers. For the better part of the year, we have been reporting that Tesla can’t achieve its promise of “full self-driving on HW3, and it needs […]
Tesla CEO Elon Musk was asked about when the next-gen Roadster would be available during today’s earnings call, and his answer left much to be desired. On Tesla’s Q2 earnings call in July, Musk was asked when the Tesla Roadster is coming. He responded that the vehicle would go into production in 2025, the latest […]
Photo: Tesla The US just hit a major electric vehicle milestone: There are now more than 200,000 public EV charging ports nationwide. This achievement, announced yesterday by the US Joint Office of Energy and Transportation, demonstrates the momentum of expanding EV charging infrastructure. The Joint Office’s Q3 2024 update on August 30 showed an increase in […]
As many rivals are being squeezed out of China by low-cost EVs, Hyundai has a plan to fend off the competition. According to a new report, Hyundai is pouring resources into launching its first dedicated EV in China, due out next year. Although electric vehicle sales continue climbing in China, the largest EV market globally, […]
Tesla has confirmed that it produced its 7 millionth electric car yesterday — a great milestone for a company that greatly accelerated the electrification of the auto industry. Tesla produced its millionth vehicle back in early 2020 after 16 years of existence. In the next 4 years, it managed to produce 6 million more electric […]
Tesla said today that it remains on track to produce and launch “more affordable models” in the first half of next year, but it shared no new details on when we might expect to hear more. For several years now, Tesla has been teasing everyone with the promise of more affordable models. While the Tesla […]
With the release of its financial results for Q3 2024, Tesla (TSLA) is predicting a record fourth quarter – a rare prediction for the automaker. Tesla missed revenue expectations by about $300 million last quarter, but it did beat earnings per share by $0.12 with an EPS of $0.72 – thanks to higher-than-expected margins last quarter. […]
QuantumScape released its Q3 2024 business report this afternoon, and the biggest news is an update regarding the progress of its solid-state battery development and production. According to the company, it has begun low-volume production of its initial B-sample cells, which will soon be sent to automotive partners for EV implementation testing. The decade-plus journey of QuantumScape ($QS) and its […]
Tesla (TSLA) released its financial results and shareholders letter for the third quarter (Q3) of 2024 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 Q3 2024 earnings expectations As we reported in our […]
As cybersecurity attacks become more sophisticated and natural disasters grow in severity and frequency, healthcare organizations need a more refined approach to resilience. This is a multifaceted effort to mitigate health system downtime and ensure that people, processes and technologies can operate when an incident happens. “Corporate resilience is a sense of preparedness to be […]