Tag Archives: tesla

Ford CEO says China is the Main Competitor, Not GM

“If you localize Chinese technology in the US – the customer is going to get screwed,” Farley said. The candid, tough talk comes at a time when Ford is investing more than $50 billion (2022 through 2026) in electric vehicles and battery components. Ford is on track to reach an annual targeted production run rate of 600,000 electric vehicles globally by the end of 2023, and 2 million by the end of 2026. Electric vehicles are expected to account for half of the company’s sales by 2030. Continue reading

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Ford Motor US Sales Drop 10% during October 2022

A look at the sales by model reveals that Ford is now essentially a truck and SUV maker with dwindling car sales of ~41,000 year-to-date. Lincoln sold no cars at all ytd. Mercedes Benz posted a huge increase in sales of  more than 50%. The difficulty in analyzing what the data mean comes from what sales were from previously placed orders, and when the US will return to a normal sales environment, which might be undefinable at this time. Ford no longer holds sales calls for media and analysts. Continue reading

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FBI with a Tesla Employee’s Help Stops Malware Attack

Kriuchkov planned to cripple Tesla’s electric battery plant in Nevada with ransomware and steal company secrets for extortion. Furthermore, it was alleged that Kriuchkov acted on behalf of co-conspirators abroad and attempted to use face-to-face bribery to recruit the insider. Continue reading

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Used Electric Vehicle Battery Reports Offered by Recurrent

“Recurrent is working on an important question we get all the time from our customers at iDrive,” said Dink Davis, Owner, iDrive1 Motorcars. “We’re one of the largest pre-owned Tesla dealerships in the country and are thrilled to offer Recurrent’s vehicle reports to our customers.” Continue reading

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Lordstown and Lithium. A New GM Constellation is Rising

Back in March GM revealed a third-generation global EV platform powered by proprietary “Ultium” batteries. GM claimed it will allow the company to compete for almost every customer in the market today, whether they are looking for affordable transportation, a luxury experience, work trucks or a high-performance machine. A space that is largely occupied by Tesla, which caught all global automakers napping. Covid 19 has complicated launch plans across the industry and timing on such projects is unstable. Continue reading

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Porsche Opens Zuffenhausen Factory for All-Electric Taycan

German automakers whose entire reputations – especially in expensive segments – are built on technology and they are struggling to catch up with Toyota on hybrids and have few EV entries thus far. Add in the emerging threats of Apple and Google in the auto business and the Dieselgate fiasco and there’s a case to be made that the Germans are playing defense. Continue reading

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NHTSA on Tesla Again for Bogus Safety Claims

The latest stock market manipulation came as the SEC remains silent in the curious case of the watchdog that didn’t bark. Any major automaker executive doing such would be prosecuted and possibly jailed. Continue reading

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Cadillac EV Teased in Detroit. First of BEV 3 Platform Variants

GM announced Cadillac – after being taught a hard lesson by Tesla in 2014 when Cadillac spectacularly failed with a $75,000 version of the Chevy Volt – will be at the forefront of GM’s electrification Continue reading

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Fully electric Audi e-tron and e-tron GT concept at Los Angeles

Audi e-tron is the first all-electric production model from the brand. It’s a five-seater, electric mid-sized crossover SUV that will arrive in the U.S. in the second quarter of 2019. ALA Tesla it’s is available now for U.S. customers to place reservations. Continue reading

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BMW Has Claim on Leading Electrification. iNEXT Debuts in LA

“Sales of our electrified vehicles are up over 40% in the year to date. Around every fifth BMW 5 Series sedan or BMW 2 Series Active Tourer sold worldwide has a plug-in hybrid drivetrain, while our all-electric BMW i3 remains very successful with sales up over 10% in October,” said Pieter Nota, Member of the Board of Management of BMW AG responsible for Sales. Continue reading

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Ten Carmakers to fit AEB – Auto Emergency Braking – on New Vehicles as Standard Equipment

FCA, aka, Chrysler, which has more than its share of problems with DOT over safety matters, is notably for its absence. FCA as well as other automakers will face increasing pressure to add AEB as more systems are added at competitors. Continue reading

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Is the Tesla Bubble About to Burst?

Not surprisingly, the stock market is wary. Tesla stock has dropped for three straight days since the results – more than -5% on Thursday, almost -7% on Friday, and on Monday morning, it was trading down -9% at $236 per share. Continue reading

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Tesla Loses Money Again During 2013. Stock Market Bullish

The darling of automotive stock speculators electric vehicle maker Tesla posted a yearly loss of -$74 million on revenue of more than $2 billion during 2013, compared with a -$396.2 million loss on $413.3 million in sales in 2012. The stock is trading at record levels of above $200 per share given the revenue increase, and with the company promising to increase it yet again during 2014. Continue reading

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Testosterone and Tesla – Men Love Them

As with all things associated with Tesla, AutoInformed remains skeptical about a company that has never showed a profit since its inception except in Q1 of 2013. For the first six months of this year, Tesla lost $1,916 per car based on a net loss of $19.254 million from sales of 10,000 Model S and a few Roadster EVs, which was -$0.17 a share. With Tesla stock trading in the $190 range for a book value of $5 a share, buyer beware, seller rejoice. Continue reading

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Tesla Motors Delivers First Model S EVs at $100,000

Tesla Motors delivered its first electric Model S sedan over the weekend at its factory in Fremont, California. The financially challenged company – it has never earned a profit – says it will build 5,000 electric vehicles by the end of 2012, followed by 20,000 cars in 2013. Tesla claims it has already received more than 10,000 reservations worldwide for Model S. Continue reading

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