Consumer Reports is run by clowns, so I wouldn’t take anything they say too seriously. But they’re finally waking up to the reality: Tesla Inc’s Model 3 and S sedans both regained “recommended” status in Consumer Reports magazine’s annual reliability survey, allowing the electric carmaker’s overall standing to rise slightly. Reuters Realistically, if you take […]
I do not believe there will be a dramatic increase in demand for battery vehicles, and I believe this situation is true globally. There are issues with infrastructure and hardware. There are different regulations in different countries, and we have to abide by them. But I don’t believe it will become mainstream anytime soon,” he […]
Following the announcement of Tesla’s Gigafactory Berlin, Tesla became the third most valuable auto manufacturer in the world. It surpassed Daimler in early trading on German exchanges narrowly –– Tesla is now worth $63 billion and 73 million, while Daimler is worth a measly $63 billion and 7 million. They could trade places again several […]
The latest part of Tom Randall’s Model 3 Survey is out, and as usual there are lots of interesting tidbits. In particular, I thought their list of top trade-in cars was interesting. Here’s the top 10: Toyota Prius –– Average $27,080 BMW 3 Series –– Average $46,477 Honda Accord –– Average $25,428 Honda Civic –– […]
Today at Das Goldene Lenkard, the German new car-model award ceremony, Tesla made a surprise announcement: the location for the European Gigafactory will be in the Berlin area. Leaving aside the announcement itself, the video of the ceremony itself feels surprising and historic in a lot of ways –– so let’s pick it apart together […]
Filed under “this is fine”, we have this news from Bloomberg reporter Gabrielle Coppola: Fiat Chrysler Automobiles NV has been manufacturing more cars and trucks than its U.S. dealers are willing to accept, at one point creating a nationwide stock of about 40,000 unordered vehicles and stoking tension with some of its retailers. Bloomberg No […]
Interesting story over at Automotive News this morning: Mercedes-Benz parent Daimler has discreetly warned financial analysts that CO2 compliance costs and market headwinds for next year would be much larger than previously thought and asked them to reduce their earnings estimates for the automaker by billions of euros Automotive News “Hey guys we saw your […]
Tesla will exceed Daimler’s current market capitalization at a share price of $350 or above. This would make it the third most valuable auto maker on Earth, behind Japanese auto giant Toyota and German auto giant Volkswagen. View this spreadsheet I saw on Reddit for more information
Oh man, this is just too good. If you read one article today, make it this one. In this amazing feature length cover story for German weekly news magazine Der Spiegel Germany begins to wake up and ask itself: Is it too late to save the German auto industry? You can read the full article […]
The first Porsche Taycan test cars have started appearing at Electrify America charging stations across the country… and pricing is not looking pretty. By doing some simple math on the above image, you can see that Volkswagen charges about $1.50 / kWh making a fast charging stop almost as expensive as filling gas. By contrast […]
