Ford refused to add any additional details about its electric vehicle as its official public reveal is set to happen today at 9:30 p.m. EDT.
A 27% decline in sales within a month shows a decreasing demand for Tesla products in China amid increased competition from local electric vehicle companies.
Before now, Blue Origin had tested the rocket and capsule fifteen times. The test flights were conducted without passengers on board.
Initially, Tesla was planning to launch the production at Berlin Gigafactory in July 2021. However, now, because of battery issues and regulatory challenges, another date is set.
The artificial intelligence network for blockchains will join hands with an extensive automotive ecosystem Catena-X comprising some of the biggest industry participants.
The Toyota’s Woven Planet acquisition of Lyft’s Level is billed to save the latter firm $100 million of operating expense.
In its Q1 2021 results, Tesla stated that it has liquidated 10% of its total holdings in Bitcoin netting a positive income of $101 million. The company also revealed good delivery numbers while addressing issues with semiconductor and hardware supplies.
For SpaceX, the Crew-2 mission is the second of the six missions the company has previously highlighted.
Hyundai Motor Company is planning to mass-produce Electric Vehicles (EV) by developing solid-state batteries to implement this plan.
Earlier this week, Branson sold 5,584,000 shares of his company between April 12 and 14. According to SEC filing, the shares were worth approximately $150.3 million.
While a lot of automakers are making their debut in the green electric vehicle space, the aim of Daimler is to snatch a sizeable market share from Tesla that is a market leader.
Citing massive demand for its popular models, Tesla has updated the prices for its Model 3 and Model Y. However, the immediate concern in short term is that it has very little inventory at this point.
BYD was set up in 2003 and caught American billionaire Warren Buffett’s eye in 2008. Through Berkshire Hathaway, he reportedly has a 25% stake in the Hong Kong-listed company.
General Motors (GM) shares rallied approximately 190% in the past twelve months, and are now up around 48% year-to-date.
With stellar results for the first quarter of this year, analysts have turned bullish and upgraded the Tesla stock price expecting returns of 40-60% by the end of this year.