VinFast combines US and Canadian business operations into VinFast North America

  • January 26, 2023
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Vietnamese EV automaker VinFast has announced that its business and management operations in Canada will now work alongside an HQ established in the US to form VinFast North America. By combining its businesses into one cohesive unit, VinFast North America hopes to increase efficiency – a factor the company has already been recognized for through […]

Quick Charge Podcast: January 25, 2023

  • January 26, 2023
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee […]

Lift Foils upgrades its rider- and price-friendly electric hydrofoil designed for beginners

  • January 26, 2023
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Electric hydrofoil veteran Lift Foils continues to showcase innovation that helped form an entirely new marine segment with its latest product launch – an upgraded version of the LIFT3 F which initially debuted last year. This revamped eFoil features two new color options, a redesigned aluminum mast, and a reinforced propeller featuring standard pitch, ideal […]

Elon Musk dismisses his negative impact on Tesla’s reputation with douchey answer

  • January 25, 2023
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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 […]

Here’s why Texas is a geothermal energy ‘sleeping giant’

  • January 25, 2023
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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 […]

Tesla pledges to cut costs amid ‘uncertain’ time

  • January 25, 2023
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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 announces $75 billion stock buyback, dividend boost

  • January 25, 2023
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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, […]

A mysterious 2023 electric sedan teased by Polestar, Volvo maker [Video]

  • January 25, 2023
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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) releases Q4 2022 results: beats earnings and misses on revenue

  • January 25, 2023
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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 […]