Traditional automakers are serious about committing to electric vehicles. But do they have what it takes to catch up with Tesla? According to Rob Hull at the UK’s This is Money media outlet, “Tesla’s ability to continue delivering EVs in 2022 could see it extend its stronghold over the market.” It’s … [continued]
What trends can we look out for this year in the automotive space? According to Dawn Alcott at Go Banking Rates, “If you look at the top three automotive trends for 2022, you may think it’s a page straight out of the Tesla playbook. Cars.com, a car-shopping marketplace, identified three trends driving … [continued]
The best electric car ads from this year’s big game are right here!
The auto industry is poised for some big changes in 2022. According to Jack Ewing and Neal E. Boudette at The New York Times, “Battery-powered cars are having a breakthrough moment. … Their arrival represents the biggest upheaval in the auto industry since Henry Ford introduced the Model T in 1908.” “Sales … [continued]
Back in 2004, Elon Musk became the largest shareholder and chairman of Tesla. Later, in 2008, Warren Buffett invested $232 million for a nearly 10% stake in BYD, a China-based company that makes lithium-ion batteries and electric cars. Truth be told, Warren Buffett and Elon Musk have been competing in the EV … [continued]
After missing in action on the last earnings call, Elon Musk was back to give his take on Tesla’s Q4 call yesterday. As always, he added quite a bit of color (and humor) to his analysis. Tesla’s “technoking” had a lot to be proud of — especially in light of … [continued]
Oliver Stone’s movie Wall Street, and Gordon Gekko, really captured the go-go zeitgeist of 1980s materialism and greed. Even today, it feels like many still operate with Gekko’s quote in mind: “It’s not a question of enough, pal. It’s a zero-sum game, somebody wins, somebody loses.” Tesla and SpaceX CEO Elon Musk … [continued]
Last year proved to be extremely challenging for the auto sector. Supply chain issues, a global chip shortage, and a pernicious pandemic plagued the industry. However, an unorthodox strategy at Tesla proved invaluable when facing tough times in 2021 — vertical integration. Tesla attended the 4th China International Import Expo, "unfolded" Shanghai Gigafactory to Expo. … [continued]
There was a time when traditional automakers could have stymied Tesla’s growth story. Is it possible they missed their window? Christiaan Hetzner at Fortune reports, “Try as they might, some of Tesla’s closest rivals are falling further and further behind Elon Musk’s pace even as they double sales of their electric-vehicle[s].” … [continued]
Electric vehicles often differ based on different battery technologies. US-based electric automaker Tesla has set the trend for years. According to Yang Jie at Wall Street Journal, “A less-expensive battery technology championed by Tesla Inc.’s Elon Musk rose to dominate the world’s largest auto market last year.” The batteries are lithium-iron-phosphate batteries — often … [continued]
