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Tesla Reports Q3 EPS Beat, Slightly Misses on Revenue with $25.2B
Written by Cláudio Afonso | LinkedIn | X Tesla released Wednesday its third quarter earnings results reporting an EPS of $0.72, $0.14 better than the analyst estimate of $0.58. Revenue for the quarter...
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Tesla Forecasts “Slight Growth” in 2024 Vehicle Deliveries
Written by Cláudio Afonso | LinkedIn | X Tesla reported stronger than expected third quarter earnings results on Wednesday. Despite not unveiling a specific number for the guidance of vehicle...
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Tesla Says Cybertruck Has Achieved Positive Gross Margin For the First Time
Written by Cláudio Afonso | LinkedIn | X Tesla’s Cybertruck, which ranked as the third best-selling EV in the U.S. during the third quarter, trailing only the Model Y and Model 3, achieved a positive...
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Xiaomi to Officially Launch SU7 Ultra on October 29
Written by Cláudio Afonso | LinkedIn | X Xiaomi will officially launch the Ultra version of its SU7 sedan on October 29, according to an announcement by the company’s CEO Lei Jun on Thursday. On X, Jun...
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Tesla: What 7 Analysts Said About the Q3 Earnings Results
Written by Cláudio Afonso | LinkedIn | X Tesla released its third-quarter earnings after Wednesday’s market close, posting stronger-than-expected results and projecting a record Q4 2024 along with an...
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Tesla Targets “At Least” 2 Million Cybercabs Produced Annually, Musk Says
Written by Cláudio Afonso | LinkedIn | X Tesla is targeting “at least 2 million” Cybercab units produced annually, according to the company’s CEO Elon Musk. “Maybe 4 million ultimately,” he added...
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Rivian Partners with Patagonia and Sol Systems on Clean Energy, Educational...
Written by Cláudio Afonso | LinkedIn | X Rivian announced Thursday it is partnering with Patagonia and Sol Systems to promote renewable energy and support the education of younger generations in North...
View ArticleEV Chipmaker Wolfspeed Suspends $3.4 Billion Factory Project in Germany
Written by Collins Eshiet | Edited by Cláudio Afonso The U.S. chipmaker Wolfspeed has suspended its plan to build a microchip factory in Germany on slower than expected demand for electric vehicles....
View ArticleCharging Startup NXU Proposes Merger with Verde Bioresins, Shares Soar 220%
Written by Cláudio Afonso | LinkedIn | X Shares of the EV charging startup NXU soared more than 220% on Thursday morning after the company announced it is proposing a merger with the bioplastics...
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GAC Group Reveals Global Design Approach Ahead of European Expansion
Written by Cláudio Afonso | LinkedIn | X About 430 designers work for China’s GAC Group across four Design studios spread across Italy, the United States, and China. The group, which includes brands...
View ArticleEU and China to Continue Talks on Tariff Solutions for Imported EVs
Written by Cláudio Afonso | LinkedIn | X The European Union and China have agreed to hold “further technical negotiations” soon to explore potential alternatives to extra tariffs on China-made electric...
View ArticleCanoo Secures $1.1 Million Loan from CEO-Affiliated Entity AFV
Written by Cláudio Afonso | LinkedIn | X Electric vehicle startup Canoo has raised $1.12 million through a promissory note issued by AFV Management Advisors, LLC, an entity affiliated with Canoo’s CEO,...
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Nio’s Onvo Brand to Launch Two Models in 2025: A Large SUV and a Sedan
Written by Cláudio Afonso | LinkedIn | X Onvo, the sub-brand of the Shanghai-based electric vehicle maker Nio, plans to launch two new vehicles in 2025. The brand unveiled its debut model, the Onvo...
View ArticleUS Reaches 200,000 Public EV Chargers, Adds Over 1,000 Every Week
Written by Collins Eshiet | Edited by Cláudio Afonso United States reached this week 200,000 public electric vehicle (EV) charging ports across the country, the US Joint Energy and Transportation...
View ArticleWaymo Raises $5.6 Billion for Autonomous Ride-Hailing Expansion
Written by Cláudio Afonso | LinkedIn | X Waymo announced Friday it had raised $5.6 billion in an oversubscribed investment round led by Alphabet, with contributions from Andreessen Horowitz, Fidelity,...
View ArticleNio’s Former CFO Joins US-Blacklisted Chinese Surveillance Camera Maker
Written by Cláudio Afonso | LinkedIn | X Nio’s former Chief Financial Officer Steven Feng has joined Hangzhou Hikvision Digital Technology, the world’s largest surveillance equipment company announced...
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Lucid Opens New Store in Germany, Reaches 8 Showrooms in Europe
Written by Cláudio Afonso | LinkedIn | X Luxury EV manufacturer Lucid Motors announced Friday it opened a new showroom in Hamburg – Germany – marking the fourth in the country and the eighth in Europe....
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Lucid Prepares for Expansion into Additional Markets in the GCC, MENA Regions
Written by Cláudio Afonso | LinkedIn | X After entering Saudi Arabia and the United Arab Emirates, Lucid Motors is preparing to expand to other countries from the Gulf Cooperation Council (GCC) and the...
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Nio Hits Record Monthly Registrations in Norway for October, Highest Level...
Written by Cláudio Afonso | LinkedIn | X Electric vehicle maker Nio set a new registration record in Norway this October, three years after entering the market. According to EU-EVs, the company has...
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BlackRock Becomes XPeng’s Largest Institutional Shareholder, Owns Now a 5.3%...
Written by Cláudio Afonso | LinkedIn | X The world’s largest asset manager has significantly increased its stake in the electric vehicle maker XPeng holding 5.3% as of the end of the third quarter, a...
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