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

Teslarati

With this in mind, there is quite an execution journey ahead of the company. Tesla can only state that it’s working very hard on this, and the company has been very transparent on its development. He noted that Tesla is providing the information as incidents occur, and it is one of the only companies that responded to these probes.

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General Motors Bringing Back Plug-in Hybrids

The Truth About Cars

Despite previously having committed itself toward a future where it builds all-electric vehicles, General Motors has made plans to bring plug-in hybrids back to our market. While we can only speculate as to her rationale, it seems plausible that lackluster EV demand is causing the company to think twice about its pre-existing plans.

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LIVE BLOG: Tesla (TSLA) Q1 2021 earnings call summary

Teslarati

As revealed in the company’s Q1 2021 Update Letter, the company hit some notable milestones in the first quarter. Anyway, thanks for staying with us for another live blog! He asks about capacity, as well as where the company stands in its ramp. Considering Tesla’s mission, this shift would be beneficial to the company.

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Lordstown Motors Goes Bust

The Truth About Cars

On Tuesday, Lordstown Motors Corp. Lordstown’s share price collapsed in 2021 and the company has suffered numerous production delays. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. But it’s not bad news for everybody.

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

The Truth About Cars

Ohio-based Lordstown Motors has received approval from the U.S. Bankruptcy Court to sell its remaining manufacturing assets to a company owned by its founder and former CEO Stephen Burns for roughly $10 million. Burns eventually sold off his remaining equity in the company. Department of Transportation.

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Hypercar Company Rimac Developing Robotaxi Service

The Truth About Cars

It also has a working relationship with Volkswagen Group ever since subsidiary Porsche Engineering Group GmbH acquired a 10-percent stake in the Croatian company. The electric hypercar company was developing an autonomous taxi based around the Renault Espace minivan. General Motors’ Cruise).

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Barra blogs again: GM plans to double EV, self-driving investments

Green Car Reports

For the second time in four months, CEO Mary Barra took to LinkedIn to reiterate that the company is shifting its focus to electric cars. The first time preceded November's announcement that General Motors would lay off.

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