Tesla

Tesla profits and deliveries soar in 2021 despite chip crisis

Tesla profits and deliveries soar in 2021 despite chip crisis

Tesla has hailed 2021 as “a defining year” as its full year financial reports reveal it doubled pre-tax earnings year-on-year and delivered 87% more vehicles. “There should no longer be doubt about the viability and profitability of electric vehicles”, said the EV manufacturer in its earnings report, in which it also outlined plans to significantly …

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Tesla Notches Record Profit On Sales Surge–But EV Competition Is Building

Tesla Notches Record Profit On Sales Surge–But EV Competition Is Building

Tesla CEO Elon Musk greets fans at the company’s Giga Berlin plant in October 2021. dpa/picture alliance via Getty Images Tesla closed out its best year in company history posting quarterly and annual profit records, powered in large part by its booming operations in China, as Elon Musk’s electric car powerhouse is poised to finally …

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hertz tesla model 3

Hertz says it is ‘actively receiving’ Tesla Model 3 rental cars across the country

Update: Hertz told Teslarati in a statement that it cannot currently share delivery figures but it did confirm that they are “actively receiving deliveries for both our retail and Uber rental fleet and have availability in several markets throughout the country as part of our phased national rollout.” Hertz said earlier today that it is …

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​​Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An Electric Vehicle Stock, This Firm Says

​​Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An Electric Vehicle Stock, This Firm Says

Topline It’s too early for investors to value and trade legacy automakers such as Ford like electric vehicle stocks, according to Jefferies analysts who recently downgraded shares of the company warning that there is limited upside ahead. The downgrade comes a day after shares tanked 8%. Frederic J. Brown/AFP via Getty Images Key Facts Shares …

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Elon Musk to reveal updated Tesla product plan on 26 January

Elon Musk to reveal updated Tesla product plan on 26 January

Tesla will reveal its full financial results for 2021 on 26 January alongside a revamped product roadmap, which could give a timeframe for the launches of the long-awaited Cybertruck, Roadster and Semi.  The firm’s management will detail its financial and business results through an online webcast at 4:30pm central time in the states, or 10:30pm …

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Panasonic To Make Tesla Battery Cells With Recycled Material From JB Straubel’s Redwood

Panasonic To Make Tesla Battery Cells With Recycled Material From JB Straubel’s Redwood

Redwood Materials plans to build a $1 billion plant to make cathode and anode material for electric car batteries starting in 2025. Redwood Materials Panasonic, Tesla’s main battery partner since its earliest days, plans to use recycled materials supplied by a startup led by the electric-car maker’s former tech chief to produce lithium-ion cells in …

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Tesla Says It Delivered Record 936,172 Electric Vehicles In 2021

Tesla Says It Delivered Record 936,172 Electric Vehicles In 2021

A Model Y electric hatchback recharging at a Tesla supercharger station at the European Energy Forum campus in Berlin. © 2021 Bloomberg Finance LP Tesla, the fastest-growing U.S. automaker, reported record deliveries of its electric vehicles in 2021’s final quarter and its best-ever total sales volume, getting 936,172 of its namesake cars and crossovers to …

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