There was nothing electric about electric vehicle (EV) maker Tesla’s latest financial results. The company reported its first quarter 2024 earnings results Tuesday (April 23), disclosing a 55% drop in profits when compared to the same period last year. “We experienced numerous challenges in Q1, from the Red Sea conflict and the arson attack at Gigafactory …
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. I don’t code much anymore, but I’ve been hacking away with a small murder of Arduinos (clearly, like for crows, the plural for an Arduino is …
Image Credits: Xiaomi Chinese smartphone giant Xiaomi has revealed its first electric car, a sharp-looking sedan called the SU7. Slated to roll out in China next year, it’s another entry into an increasingly-crowded market for EVs. It’s also another attempt in this software-obsessed world to match up the technology people find in their phones to …
Tesla’s odd but undeniably unique-looking Cybertruck has been spotted in the wild in the United States several times over the past few weeks (including this one with what looks like a matte black wrap), but this might be the first time the eagerly anticipated vehicle has made an appearance in Canada. Phil G shared photos …
Latest announcement has led to a lot of hype. But how excited should we get? A mock-up of Toyota Motor Corp.’s next-generation batteries for electric vehicles, shown during a … [+] media event ahead of the Japan Mobility Show in October 2023. Photographer: Kiyoshi Ota/Bloomberg © 2023 Bloomberg Finance LP In September, car manufacturer Toyota …
Aspiring Cybertruck owners may want to be entirely sure about their purchase prior to pulling the trigger. Tesla’s terms and conditions now state the company forbids the reselling of the Cybertruck within the first year of purchase. The updated Motor Vehicle Order Agreement now includes a ‘For Cybertruck Only’ section. Tesla says customers must agree …
Lucid’s electric vehicles will be able to plug into over 15,000 Tesla Superchargers in North America starting in 2025. The automaker is the latest entry in the growing list of companies pledging to support the North American Charging Standard (NACS), also known as the Tesla charging standard. Lucid will give customers access to a NACS …
Lucid is selling several of its electric vehicle models at a discount until November 30, and as Reuters notes, it’s another sign that the EV market is going through period of slow demand in the midst of tougher competition. The automaker is now selling the 2023 Air Pure All Wheel Drive (AWD) for $74,900, down …