I’m a huge fan of the media and high-quality journalism. The free press is a cornerstone of democracy, and much more. The largest media outlets in the world have the resources, passion, and expertise to do tremendous investigative reporting that is invaluable to society. But they are dropping the ball on Tesla, misleading consumers in a highly biased manner.
CleanTechnica’s Maarten Vinkhuyzen recently took a deep dive into a UBS report about the Tesla Model 3. The finding was that the report demonstrated tremendous ignorance at best or intentionally misleading nonsense at worst.
Honda’s Clarity line of vehicles was developed to lead the charge in bringing alternative fuel vehicles into production. The line started out as the Honda FCX Clarity and eventually came into its own when the Clarity Plug-in Hybrid and Clarity Electric were added to the mix.
When companies report earnings, the financial news mentions how the company’s revenue and earnings per Share (EPS) performed against professional estimates. If a company beats both, the stock price will usually go higher. And if they miss both, the stock price will go the opposite way, lower. If either misses, financial analysts will ask management questions on the conference call to get a better idea of how the underlying business is doing.
Despite intense media scrutiny around Tesla’s Model 3 “production hell” ramp, and Elon Musk’s take-Tesla-private drama, Tesla now has the #1 best selling car in the US. You may think that was a typo, but read on.
In the news, we hear a lot daily about missed or delayed production numbers and high cash burn. However, Tesla announced recently that it expected to be cash flow positive and profitable in Q3 and Q4 2018, and even more interesting, for all future quarters. Let’s discuss together if these statements can be trusted using the past to predict the future.
Below are the most popular CleanTechnica stories of the past week. Aside from Tesla, Tesla, Tesla, stories covered the Hyundai Kona, an electric camper, the Mercedes EQC, and more.
Nissan has announced more quality infrastructure in the US Northeast in partnership with EVgo, the largest EV fast charging provider in the country.
With the recent rush by the prestigious European marques to try to grab all of the glittering limelight for their forthcoming SUV-style EVs, a similarly sized offering coming in at half the price is quietly proving its merits with superior efficiency and range. The Kia Niro EV’s early real-world tests show it will have range within 5% to 10% of it’s significantly smaller “efficiency-champ” sibling, the Hyundai Kona, and far better efficiency than any of the purportedly well-engineered European marques. Only the Tesla Model 3 has better efficiency than the Koreans, but that’s not an SUV or CUV.
This week marks an important transitional step away from the obsolete technology of dirty fossil fuel vehicles and in favor of electric vehicles that can run on clean energy. The Worldwide Harmonised Light Vehicle Test Procedure (WLTP) has come in to force in the EU from 1st of September 2018, leading to much hand-wringing by the traditional fossil fuel vehicle OEMs, whose cars have always been highly polluting, and are now running out of road.
