By now, most of you are probably familiar with the prevailing narrative about Tesla’s Battery Day: the punditocracy was expecting instant gratification, and they didn’t get it (in more ways than one). An uncharacteristically cautious Elon Musk talked about a three-year timeline and, in a world in which the definition of “the long term” seems to have shrunk to one year, 2023 is seen as the far future.
There have been reports of a new Tesla Smartwatch floating around, and now a new graphic has emerged. Idahoreporter states that Tesla will be partnering with Huami to create the watch.
Does the world need another Elon Musk/Steve Jobs comparison? I’ll leave that up to you to decide, dear readers (read on, or flit to the next flower). I assure you that only the most interesting, insightful, and incisive specimens of the genre are chronicled in these pages, and an unusual video by Admazing caught my editorial eye.
Apple is making big changes to its supply chain and products by committing to be 100% carbon neutral by 2030. The company announced on its website that it’s already carbon neutral for corporate emissions globally and that it wants to bring its entire carbon footprint to “net zero.”
Ariya has the answers. Or, at least, Nissan hopes so. Overall, there has been a positive consumer response to Nissan’s upcoming all-electric SUV — it is a well thought out and attractive EV even in an increasingly competitive market.
How has Tesla kept profits flowing in Q1 against odds?
In theory, nobody knows more about making cars than the traditional internal-combustion-engine (ICE) carmakers, and so EVs made by these companies should be the ones busying our streets a decade from now. But the transition from ICE cars to EVs is not just a technological shift within a domain, like the transition from two-wheel-drive sedans to four-wheel-drive SUVs. This is a radical shift into a new domain and the success of ICE car manufacturers in this new domain is anything but guaranteed.
As electric vehicle sales in the US grow beyond early adopters and Tesla owners, one of the growing challenges for EV owners is finding compatible and available charging stations — especially on road trips or areas where the owner infrequently travels.
The Responsible Battery Coalition (RBC) — a leading coalition of companies, academics and organizations dedicated to the responsible management and environmental sustainability of batteries — applauded research published today by the University of Michigan (U-M) in the Journal of Energy Storage on best practices for consumers for extending the life of lithium-ion batteries, as well as the cost savings associated with minimizing degradation.
There is a long-standing argument about whether Tesla is a car company or a tech company. This argument is typically made in the context of how Wall Street should value the company. If Tesla is just a new kind of carmaker, it should be valued at something significantly less than its annual revenue — maybe 25% to 50%, like Ford and GM. Alternatively, if Tesla is a tech company, then it could be valued significantly higher. Google, for example, is trading at about 6 times its revenues today, Facebook at 8, Microsoft at 9, and Salesforce at 10 times. Tesla trades at around 3 times its revenues with some profits, while Uber and Lyft trade around 4 times revenues and have never been profitable.
