The following slide deck was published by Tesla, Inc...
Continue ReadingTSLA earnings call for the period ending March 31, 2024...
Continue ReadingSAN FRANCISCO (Reuters) -Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 million vehicles before investing in new manufacturing lines. "This update may result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex efficient manner during uncertain times," the company said...
Continue ReadingAfter a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars...
Continue ReadingLG Energy Solution said on Wednesday it would launch a new business model of licensing out its battery technologies next month, as infringements of the South Korean company's patents surge with competition to supply electric vehicle makers. LGES, the world's second-largest EV battery producer after China's CATL, will also consider issuing warning notices or suing those it suspects are infringing its patents, Lee Han Sun, head of LGES' intellectual property center, said in an interview. "Over the past two or three years, myriads of latecomers have sprung up in the EV battery sector globally, resulting in the spread of a price war and patent infringements," Lee said...
Continue ReadingTesla's Q1 earnings showed a decline, but the market is giving it credit for its vision and product roadmap. Read my analysis and rating for TSLA stock...
Continue ReadingTesla, Inc. (NASDAQ:NASDAQ:TSLA) Q1 2024 Earnings Conference Call April 23, 2024 5:30 PM ETCompany ParticipantsMartin Viecha â Vice President-Investor.....
Continue ReadingTesla, Inc.'s Q1 earnings were weak with lower revenues and profits, raising doubt about business growth and declining margins. Click for my TSLA earnings update...
Continue ReadingSales growth of electric vehicles is slowing, creating challenges for companies like Tesla, Inc. Click for my review of TSLA Q1 earnings and a look at competition...
Continue ReadingTesla's Q1 results showed lower than expected revenues and adjusted earnings after the company's bad quarterly delivery miss. Read more on TSLA stock here...
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