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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

“We’re putting the ‘auto’ in automobile,” Musk said. ” 17:00 CDT – A question is asked about Tesla’s affordable car. He notes that the launch of Tesla’s new models is being expedited, which includes a more affordable car. . “Cathie Wood said it best. Tesla is an AI company.”

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Ford CEO Farley Again Promises Profitable, Affordable EVs for the Masses

The Truth About Cars

Speaking with Yahoo Finance , Farley said his company aims to develop affordable EVs that compete with the rising tide of Chinese models. Saying that China’s investments in EVs have “paid off so far,” Farley noted that Ford is on track for its next-generation electric models to be profitable and affordable.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

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LIVE BLOG: Tesla Q4 and Full Year 2022 earnings call

Teslarati

Thanks so much for staying with us for this live blog. 16:48 CT – Kirkhorn states that Tesla will get a different amount of credits, and that the company wants to use incentives to push affordability. “We think demand will be good despite probably a contraction in the auto industry as a whole,” Elon said.

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SEMI and AVCC partner to promote autonomous vehicle innovation and mass market adoption

Green Car Congress

AVCC and SEMI both count auto manufacturers (OEMs), Tier 1 companies, semiconductor device makers, equipment and materials suppliers and other industry organizations as member companies. Cross-promoting, authoring, and publishing blogs and articles. SEMI connects more than 2,500 member companies and 1.3

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Lucid Gravity to Debut at Next Month's LA Auto Show Ahead of Late-2024 Production

The Truth About Cars

The new Gravity will be unveiled at this year’s LA Auto Show in mid-November and will enter production late next year. Lucid’s vehicles are noteworthy but far from affordable, leaving the company with a bit of a demand problem.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. But the public has remained broadly hesitant to climb aboard the bandwagon as the downsides of EV manufacturing became more apparent.

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