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Recent Articles

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GM reports Q1 revenue up 7.6% year-over-year to US$43.01B, net income up 26% YoY to US$2.95B; GM lifts full-year guidance, forecasts profitability for North American EV sector in the second half of the year

Tesla plans to accelerate development of new vehicles, including more affordable models, using aspects of next generation platform and current platforms; new vehicles to be produced on current manufacturing lines

Tesla reports Q1 revenue down 9% year-over-year to US$21.3B as net income drops 55% YoY to US$1.1B; vehicle production down 2% during the past year as competition has lowered demand for vehicles, resulting in Tesla cutting prices

Tesla releases first quarter 2024 financial results

Tesla slashes price of Full Self-Driving software from US$12k to US$8k in the US; Tesla expects self-driving technology, which requires active driver supervision, to be significant revenue source

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