Tesla (TSLA) is about to release Q2 2023 financial results today, Wednesday, July 19, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results. Here we’ll take a look at what both the street and retail investors are expecting for the quarterly results. Tesla Q2 2023
Entertainment
Tesla plans to deploy something called a “CyberCanopy” at a new Supercharger station. Is this a new Tesla product? Elon Musk has been promising that Tesla will power all Supercharger stations with solar and batteries for a long time, but the rollout has been significantly delayed. Back in 2016, Musk told me that Tesla was
Tata Group, the parent company behind Jaguar and Range Rover, is set to announce a new EV battery plant in West England. According to a new report from Bloomberg, Tata has chosen a site in Somerset, West England. People familiar with the plans who wish to remain anonymous say the Indian conglomerate will outline them
Tesla is rumored to have partnered with Samsung to produce a new self-driving chip based on a 4-nanometer node for Tesla’s Hardware 5 (HW 5.0). Back in 2016, Tesla started building a team of chip architects led by legendary chip designer, Jim Keller, to develop its own silicon. The goal was to design a super
Tesla has revealed the Cybertruck’s seats in a new video featuring its butt robot – a robot that simulates someone sitting in a seat. I didn’t think I would ever write about a butt robot when I first started writing for Electrek eight years ago, but now, over 12,000 articles later, it’s actually my second
Elon Musk and other Tesla board members have agreed to return over $735 million in stock awards and cash as part of a settlement of a lawsuit over the board’s compensation. In 2020, the Police and Fire Retirement System of Detroit, a Tesla shareholder, decided to sue Tesla over what it believed to be excessive
As Porsche moves toward an electric future, the automaker aims to deliver the same margins with its EVs, if not more, than its ICE models. Porsche’s production manager Albrecht Reimold says the Taycan and Macan EVs are “on the right track” to achieve a comparable margin with its combustion engine models. After its debut in
Elon Musk says the Ford F150 Lightning is too expensive, as Ford slashes the price to help demand catch up to increased production. As Tesla Cybertruck’s price is up in the air, some believe this could hint at the electric pickup truck coming in cheaper than the Lightning. Today, Ford announced price drops across its
Kia is already accumulating sales after beginning deliveries of its flagship electric SUV less than a month ago. Kia sold over 1,300 EV9 models in its first month on the market. Kia drops first EV9 monthly sales report in June After several months of teasing, Kia finally took the sheets off its new electric SUV
Tesla is suing a supercapacitor company in Australia for patent infringement, despite the automaker’s pledge that “all our patents are belong to you.” But Tesla’s pledge to open its patents came with a very important requirement that this company didn’t respect. In a now-famous blog post called “All Our Patent Are Belong To You,” Elon Musk
Tesla has now officially launched its new ‘Charge on Solar’ feature to let its electric car owners charge their vehicles with sunshine. Renewable energies, like solar, wind, and hydro, are rapidly being deployed, and they are starting to produce excess energy. Batteries are expected to fix that and enable better use of these energy sources
Discounts on green energy gear are about more than just switching to a more environmentally-conscious option, as they can also help you save some time too. That’s exactly what the $75 discount on this Sun Joe electric pressure washer can do at $164, though switching to the more eco-friendly model can also save you some
Ford Motor Company says it is in the home stretch of massive upgrade to its Rouge Electric Vehicle Center in Michigan – soon enabling the facility to triple F-150 Lightning production. This level of scaling paired with reduced raw materials costs is now enabling Ford to cut the price of all trims of the F-150
Nissan’s sales continue to climb in the US on the wings of its Ariya SUV – its second BEV model after the long-running LEAF – but the Japanese automaker is facing a major recall of over 1 million vehicles across three global markets. For over a decade the Nissan LEAF has the automaker’s lone BEV
Radio presenter Jeremy Vine says he has reached an agreement with a Twitter user who falsely identified him as the BBC star facing allegations of inappropriate behaviour. Vine, who hosts an afternoon programme on Radio 2, was one of several BBC presenters who spoke out to deny their involvement, days before News At Ten anchor
Tesla announced that it has built the “first Cybertruck” at Gigafactory Texas. Is the electric pickup truck ahead of schedule? Tesla’s latest official comment on the timeline for the Cybertruck was that production would start “this summer” and it is planning a delivery event “around the end of Q3,” which would mean around the end
Almost a year to the day after rolling its first Eletre hyper-SUV off its assembly lines in China, Lotus Cars is letting customers in the UK finally get behind the wheel and test drive it firsthand. Most eyes are on the hill climbs at the Goodwood Festival of Speed this week, but Lotus is using
Tesla has launched its Cyberquad for Kids, an electric ATV for kids, in China after being banned for the dumbest reason in the US. In lieu of the actual Cyberquad, which is expected to be a full-scale electric ATV that is going to be an option with the Cybertruck, Tesla launched the Cyberquad for Kids in partnership
Warning of tough times ahead, CEO of Volkswagen Passenger Cars, Thomas Schäfer, addressed top VW employees this week, telling them, “This is the final wake-up call.” Schäfer is calling for a short-term spending freeze to get costs under control. “We are letting the costs run too high in many years,” VW’s leader proclaimed during an
Tesla has unveiled its V4 Supercharger station, and it now includes a credit card reader for the first time. When Tesla first launched the Supercharger network in 2012, it was a free service to Tesla owners. Later, the automaker started charging some Tesla owners for charging at the Supercharger stations, but it was only for