Tesla has now published its 4th quarter and full-year financial details and various updates on vehicle models, robots, factories, and its energy business. Steve Hanley is going to cover some of the vehicle and robot news, so I’m jumping into the finances. One of the big headline stories is that … [continued]
Okay, yes, my first notes on Tesla’s Q2 2025 shareholder update were about three potential positives from the company. However, we can’t avoid the obvious. My first thoughts were about the historically bad financials from the company — it’s just that these were completely expected after seeing Tesla’s shockingly low … [continued]
Yes, story after story is coming out about the progress, innovations, and milestones being set by Chinese electric vehicle producers. That’s what happens when a country the size of China has reached more than 50% plugin vehicle market share. Actually, that achievement could stand for two things. Plugin vehicles account … [continued]
Tesla’s growth in recent years has been phenomenal, something for the history books and economics textbooks. It is also what some of us predicted 10 years ago. Most seemed to doubt Tesla’s growth potential, but the path forward seemed clear, and it was clear enough that Tesla rose to the … [continued]
Some years ago, Tesla CEO Elon Musk noted that Tesla service centers would never be a profit center for the company. Counter to how dealerships make a lot of their money on service, Musk contended it wasn’t the right thing to do and Tesla service centers would never be focused … [continued]
Tesla continued to rake in the cash in the second quarter of 2023, on the back of record global deliveries. The company brought in nearly $25 billion in revenue in the second quarter (Q2), which was 47% more than in Q2 2022. But let’s look a little more closely at … [continued]
Most of the world’s legacy automakers are slowly but surely raising their electrification games, and that’s good news for all concerned — car buyers need more choices, and the industry needs healthy competition. However, they still have a lot to learn, and some painful choices to make, if they hope … [continued]
One of the highlights of the annual Tesla shareholder meeting held earlier today was a graph showing that Tesla has risen to #1 in the auto industry in terms of operating margin. Luxury car companies known for their solid operating margins and gross profits are solid steps below Tesla now. … [continued]
Tesla is now making more money than General Motors and Ford. A recent article in The Street highlighted this Tesla achievement, noting that the world leader in EVs is taking trophies won by both GM and Ford for decades. The article commented that although everyone knows the path forward is … [continued]
Tesla reported its earnings for the first quarter of 2022, and as usual, Tesla beat the expectations of several analysts. Tesla’s automotive revenue reached $16.86 billion, which is up 87% from this time last year. Tesla also said that its growth was impacted by growth in vehicle deliveries, the increased … [continued]
