Here is an update on the main chinese BEV (battery electric vehicle) companies: BYD, Xpeng and Nio through November 2021. There is also the Wuling Hongguang Mini EV but which has many units but is priced at about US$5000. Hongguang mini sold 45,576 in November 2021. BYD has produced 276395 BEV (Jan-Nov 2021). If they …
Elon Musk seemed to have been dropping hints that there would be a big announcement on Dec 9, 2021. This had the Tesla community speculating that it could be a stock split but there is some evidence that Dec 9, 2021 could see the announcement of an early start of Cybertruck production. The clues may …
Grace Tao, vice president of Tesla China, said Giga Shanghai could reach its 500,000 vehicle production target this year. This means Tesla China will make at least 195,000 cars. It will also mean that Tesla will produce an average of at least 70,000 cars in November and December. 70,000 cars per month would be 840,000 …
Tesla China is expanding to produce 1.5 million cars per year in 2022. Tesla is starting a US$188 million expansion that will complete in April 2022. Today (Nov. 26) the media learned from the environmental information disclosure platform that Tesla will expand the production line of its Shanghai plant. The total investment in the production …
Tesla sold more cars of any kind than all other carmakers other than Toyota and Honda in California in the third quarter of 2021. California passed 10% for EV sales in the third quarter. Passing 10% for EVs for total car sales seems to be a major milestone. Norway went from 10% EV sales to …
Elon Musk had a twitter poll to determine if he will sell 10% of Tesla. The poll was 58% for yes Elon should sell 10% of his Tesla shares. Elon has about 170 million shares of Tesla. This sale will be 17 million shares. Elon had 22.8 million stock options awarded to him from a …
BYD battery EV sales rose 176% to 41,232 units year over year and 13% from September, 2021. October PHEV sales increased from 7,126 units in 2020 to 38,771 in 2021. BYD has also sold over 1000 battery electric buses. Volkswagen Group delivered 122,100 battery-electric vehicles (BEVs) were delivered to customers from July 1 to Sept …
Tesla has surged as high as $1038 today on the news of $4.2 billion deal with Hertz. Hertz is emerging from bankruptcy and will buy 100,000 Tesla Model 3 and Model Y over the next 14 months. Hertz is buying at full price. Normally fleet sales involve discounts but Tesla has a backorder of about …
Tesla reported third-quarter financial results and increased profitability by 3% to 30.5% automotive gross margin and 28.8% auto margin without tax credits. Tesla will continue to grow the profitability as this was in a quarter where the Model X was not being produced and the Model S were still being ramped. The Model S and …
It is still a secret and a mystery who Zatoshi Nakamoto is, but this the public name for the person who created Bitcoin. Elon Musk is the richest person in the world has a net worth today of about $230 billion. Bitcoin is at a value of $57,000 today. Bitcoin would need to reach $230,000 …
Tesla produced 56,006 cars in China in September and produced about 34,000 cars in Fremont in September. Tesla delivered 241,000 EV cars in the third quarter. Tesla makes EVs exclusively. Tesla made 133000 cars in China in the third quarter and 109,000 cars in Fremont in the third quarter. Tesla made about 92000 cars in …
