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 …
Tesla China production for September is 56,006 China-made cars. This increased 27% MoM versus August – Tesla’s wholesale sales of MIC Tesla in September were 56,006 units, up 27% month-on-month, compared with 44,264 units in Aug. Domestic: 52,153 units Exports: 3,853 units This is an annualized runrate of 672,000 cars per year. This confirms reports …
Elon Musk spoke at Tesla Berlin and said that the Gigafactory will start producing cars in November or December of this year. At the annual meeting, Tesla said that Texas would start producing this quarter. Structural battery packs, front castings and 4680 cells in packs were on display at GigaBerlin. They expect production to ramp …
GM old about 447,000 vehicles from July through September, down 32.8% from a year earlier when sales volumes were depressed due to the coronavirus pandemic. This likely means that GM made $23 billion in quarterly revenue instead of $34 billion. The chip shortage has caused GM to shutter plants for weeks, if not months, and …
The Tesla Model Y Performance has been tested at 3.6-second to go 0 to 60 mph and does the quarter-mile in 12.1 seconds at 113 mph. Tesla lowest-performing Model 3 and Model take about 5.1 to 5.3 seconds to go 0 to 60. The top-performing Model S are ahead of the Bugatti and other million …
In the third quarter, we produced approximately 238,000 vehicles and delivered over 241,000 vehicles. This was above the analyst estimates of 220k-230k. This puts Tesla’s year to date production at Production Deliveries 2020 510,187 499,647 Q1 180,338 184,877 Q2 206,421 201,304 Q3 237,823 241,300 YTD 623,582 627,481 Tesla China production and the early ramp of …