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News: Tesla Announces Annual Earnings, New Focus on Production

Clean Fleet Report

New Products Delayed as Company Shifts to Delivering Current Vehicles. Tesla is starting to appear to be a major automaker in more ways every day. Tesla’s focus for 2022 is quality & quantity of current product. The chip shortage is still an issue,” Musk said in the earnings call. “We

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Lucid to report Q3 2021 Earnings tonight: Here’s What to Expect

Teslarati

Lucid Group ( NASDAQ: LCID ) will report its Q3 2021 Earnings this evening after market close. Lucid Group will first release a Shareholder Deck to report its profitability and Earnings, which will then be followed by a conference call with company executives who will field questions from analysts.

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Ford seeks smaller, lower-cost EVs to rival $25,000 Tesla, China

Baua Electric

During the company’s Q4 2023 earnings, Farley and top executives summed that the automaker plans to shift the launch timing on some of its Gen 2 electric vehicles, with more attention paid to the cost and efficiency of its EVs—given, as was mentioned multiple times, a “new market reality.”

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LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

Teslarati

Tesla’s ( NASDAQ:TSLA ) 2023 annual shareholder meeting, also known as the 2023 Cyber Roundup, is here. There’s quite a lot of excitement leading into the event, especially with regards to the potential return of Tesla co-founder JB Straubel as a member of the company’s Board of Directors. Until the next time!

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Tesla lays off ‘more than 10%’ of its global workforce

Baua Electric

Tesla has announced layoffs of “more than 10%” of its global workforce in an internal company-wide email. For the last few months, it has looked like Tesla might be preparing for a round of layoffs. It also reduced production at Gigafactory Shanghai. There is nothing I hate more, but it must be done.

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XPeng revs up for comeback after ending 2022 in the slow lane

CN EV Post

But investors seem to be buying into the company's newly detailed comeback story, driving up its valuation ratios past its top two rivals in the days after its latest results announcement. billion) for all 2022, according to its latest earnings report issued earlier this month. XPEV.US, 9868.HK), Its Hong Kong close of HK$9.62

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Rivian delays $5B Georgia EV plant to accelerate R2 launch, resulting in $2.25B in savings

Baua Electric

The EV maker will begin building its new R2 electric SUV at its Normal, Illinois facility to accelerate the launch. Meanwhile, Rivian (RIVN) is delaying construction at its new $5 billion EV plant in Georgia, where the R2 was initially expected to be produced. It’s essentially the size of the Tesla Model Y.

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