Tesla Q3 2024: Profits Beat Expectations, Revenue Falls Short
It's still another profitable quarter for Tesla.
It's still another profitable quarter for Tesla.
It’s not going to make EVs cheaper overnight. But those on the fence may now feel encouraged to get a new set of wheels.
Despite a big increase in deliveries, Lotus Tech suffered a net loss of hundreds of millions of dollars in the second quarter of 2024.
UAW President Shawn Fain says that Musk and Trump attempted to "threaten and intimidate" workers.
However, it's still another profitable quarter for Tesla.
That means gas engines could stick around past 2030.
It’s the rough equivalent of filing for Chapter 11 bankruptcy protection in the United States. What's next for the troubled startup?
Deliveries are considerably up at Lucid, but the automaker still lost $598 million last quarter.
So you're saying there's a chance?
But the rental giant's losses can be your gain if you're shopping electric and want to save a buck.
The California-based EV maker delivered fewer than 200 Ocean crossovers after it cut prices by up to $24,000 last month.
The Swedish-based automaker also delivered one million electrified vehicles globally through March 2024.
However, it's still another profitable quarter for Tesla.
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After a chaotic month, Tesla investors and analysts are looking to CEO Elon Musk for answers about robotaxis, plummeting sales and more.
The EV startup says it won't spend on future vehicles like the Alaska pickup without striking a partnership with another automaker.
Lucid is struggling with demand for its cars, but its CEO is pushing investors to think long-term.
The EV startup said it faces "economic and geopolitical uncertainties" throughout 2024.
However, it's another profitable quarter for Tesla and a successful year overall.
By "EVs," Carlos Tavares meant "electrified vehicles" (BEV+PHEV+HEV), as Stellantis currently has zero BEVs on sale in USA.
A California judge denied Tesla’s car insurance business bid to dismiss the consumer protection lawsuit.
2024 is “already a lost year for growth,” Jefferies analyst Phillipe Houchois wrote.
The California-based EV maker is confident it can make over 50,000 vehicles this year.
The American luxury EV maker cut its production guidance for this year after a weak quarter.