Image: Fisker Buried as almost a passing note in a recent investor presentation by car designer and founder of EV startup Henrik Fisker It was reported that Volkswagen has delayed negotiations to supply powertrain parts for its company’s next Ocean crossover. Sounds like a big problem. Fisker Inc. is Mr. …
Read More »Tesla shares skyrocket after making fourth consecutive quarterly profit, paving the way to the S&P 500
Tesla shares rose as much as 5.8% in pre-market trading on Wednesday after the company posted fourth consecutive quarter earnings. Elon Musk’s electric car company reported $ 104 million in net revenue, a big improvement from its $ 408 million loss in the second quarter of 2019. Tesla is now …
Read More »The Ford Mustang Mach-e 1400 is a 1,400 HP seven-motor electric speed monster
Photo: Ford Remember a couple of weeks ago when we showed you that spy video of a heavily modified Ford Mach-E adrift like crazy on a North Carolina test track? We speculate that it might have been some kind of joint project with Ford and Ford Tuning Company RTR, and …
Read More »Daimler lost just $ 1.9 billion Nothing to see here
Photo: fake pictures (fake pictures) Tomorrow’s turnAll your daily car news in one convenient place. Isn’t your time more important? Daimler fared better than expected, there is a purge at Volkswagen, and New York is investing hundreds of millions in electric vehicle infrastructure. All That and more on Tomorrow’s turn …
Read More »Overexcited Tesla fans should cool down a bit
(The following is a Bloomberg opinion piece written by Chris Bryant) When Tesla Inc. delivered 95,000 cars to customers during the spring quarter of 2019, the stock price was languishing at around $ 235 and Elon Musk’s electric car company was valued at “only” $ 40 billion. Fast forward one …
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