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Stellantis is investing millions in innovative wind tunnel technology at its Michigan center. The company believes the new tech can help increase the driving range for upcoming EV models from Jeep, Dodge, and other Stellantis brands. Stellantis unveiled its new Innovative Ground Plane (MPG) technology this week. The company invested $29.5 million into its research
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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
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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.
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Tesla has unveiled plans for a new Supercharger project called ‘Oasis’, which will include 168 Superchargers combined with its own solar farm and Megapack battery system. Early in the deployment of the Supercharger network, Tesla promised to add solar arrays and batteries to the Supercharger stations, and CEO Elon Musk even said that most stations
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