Tesla Makes Money Selling Electric Vehicles, But 86% Of Its Earnings Could Soon Come From This Instead

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Sun, 10/27/2024 - 2:47am

Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

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Elon Musk makes major Tesla U-turn on affordable electric vehicles: 'Pointless'
The CEO of Tesla has announced the company has scrapped development of their upcoming entry-level model to focus, calling cheap electric cars "pointless." ...
10/27/2024 - 3:18 am | View Link
Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead
Tesla currently generates around 79% of its revenue by selling passenger electric vehicles (EVs), but Ark released a set of financial models earlier this year that suggest that number is about to ...
10/26/2024 - 10:53 pm | View Link
Ford CEO Has Been Driving a Xiaomi EV for 6 Months and ‘Doesn’t Want to Give It Up’
Ford CEO Jim Farley said in a recent podcast interview that he’s been driving an electric vehicle made by Chinese electronics company Xiaomi and “doesn’t want to give it up.” The model, the Xiaomi SU7 ...
10/25/2024 - 8:10 am | View Link
City’s purchase of electric vehicles at $46K a piece raises eyebrows
The City of St. Louis is moving into the 21st century with the purchase of nine Ford Mustang Mach E crossover SUVs.
10/24/2024 - 4:48 pm | View Link
Tesla rallies most in over a decade on Musk's bold EV forecast
Tesla shares closed up nearly 22% on Thursday - their biggest single-day gain in over a decade - as CEO Elon Musk's bold forecast of surging sales reassured investors he was still looking to grow its ...
10/24/2024 - 4:44 pm | View Link
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