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Hertz CEO Leaves After Buying 100,000 Teslas

The Truth About Cars

Almost all of us have made a boneheaded purchase or three in our lives. But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. Now, the CEO is stepping down from his role.

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Report: The Next-Gen BMW M3 Will Land with Electric and ICE Powertrains

The Truth About Cars

A new report from BMW Blog states that BMW is planning a next-generation M3 between 2027 and 2028 that will land with gas and electric configurations. BMW Blog noted that BMW will release the next-gen gas-powered G84 M3 with an electric M3 wearing the internal chassis code ZA0. Though Europe is still far ahead of the U.S.

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OLA Electric Scooter Ownership Blog - Dark Knight

Plug In India

Guest Post By Parvez Scott eBike and OLA electric scooter owner Patiala, PB Here is my ownership blog of the OLA S1 Pro. Contents of Review : Overview Exterior Performance Software Overall +ve -ves Overview : There is no argument that future of mobility is electric ⚡️ sooner everyone realises better it is.

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Hertz to Buy Cadillac Lyriqs and Chevy Silverado EVs to Bolster Electric Rental Fleet

The Truth About Cars

Automakers are going electric, which means that all the companies that rely on them will have to adapt. & Hertz already noted plans to buy 175,000 EVs from General Motors by 2027, and the rental giant’s fleet already houses 50,000 EVs, around 10 percent of its inventory. .& electric rental fleet.

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LIVE Blog: Tesla (TSLA) Q3 2021 earnings call summary

Teslarati

With its blockbuster Q3 2021 results, Tesla ( NASDAQ:TSLA ) has all but proven that is a sustainable business. In the third quarter, Tesla achieved its best-ever net income, operating profit, and gross profit — all while its ASP decreased by 6% year-over-year. That’s not bad at all. An earnings per share (EPS) of $1.86

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Former Lordstown CEO Given Permission to Buy Back Company Assets for $10 Million

The Truth About Cars

& He’s now buying what’s left of the company via LAS Capital for $10.2 It had a physical factory it purchased at a massive discount from General Motors and a business plan that ended with all-electric pickups being produced in meaningful volumes. & The plan for Lordstown Motors’ remaining assets is unknown.

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‘Cybertruck could be as mainstream as the Tesla Model Y’: analyst predicts

Teslarati

In a recent blog entry, ARK Invest wrote about the Tesla Cybertruck’s demand. Notably, Cybertruck search volume originated in truck-loving geographies, potentially suggesting [a] desire to buy,” Korus concluded in the blog. Demand for the Cybertruck has been repeatedly analyzed since Tesla unveiled the electric pickup truck.

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