Tesla (TSLA) Q3 2024 earnings call set on October 23, 2024

Tesla (NASDAQ:TSLA) has announced the date for its Q3 2024 earnings call. The announcement for the event was posted by the company as part of its third quarter 2024 vehicle delivery and production report.  During the third quarter, Tesla produced a total of 469,796 vehicles, comprised of 443,668 Model 3 and Model Y, as well […]

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SK On cuts jobs to ‘better navigate EV market conditions’

South Korean battery supplier SK On is cutting jobs to “better navigate EV market conditions.” SK On has faced challenges this year resulting from a slowdown in the electric vehicle market.  “These are proactive measures to establish a lean, agile workforce, so that we can better navigate shifting EV market conditions. “While the company pushes […]

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Elon Musk: US’ Starlink deal could have cost substantially less

The aftermath of Hurricane Helene has reiterated the potential of using Starlink in areas that have been ravaged by natural disasters. In a recent comment on social media platform X, Elon Musk noted that the United States’ Starlink deal, which was later revoked by the FCC, could have cost significantly less if the government did […]

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Tesla reports 462,890 deliveries for Q3 with a strong quarter for energy

Tesla (NASDAQ: TSLA) reported it delivered 462,890 vehicles in the third quarter, coming in just over Wall Street consensus numbers of 462,000. The automaker also had another strong quarter of energy deployments, stating it got out 6.9 GWh for the quarter. Tesla also produced 469,796 vehicles in Q3. In Q3, we: – Produced approximately 470,000 […]

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Nio is developing real-time EV battery testing AI

Nio is developing a real-time electric vehicle (EV) testing AI with Monolith, an artificial intelligence software startup based in the United Kingdom. Nio and Monolith aim to use AI to test and improve EV battery packs in real-time. The AI will enhance Nio’s battery-swapping services in Europe.  According to Monolith CEO Richard Ahlfeld, the UK-based […]

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