Cleantech & EV'sNews

Tesla (TSLA) earns 8 times more per car than Toyota

November 9, 2022
Tesla (TSLA) is now earning eight times more per car than Toyota, and they are starting to notice back in Japan. The list of things that could have led to Tesla’s demise used to be longer than my arm. For most investors, the amount of money that the company was losing was at the top of that list. Not only is it not on top anymore, it’s not even on the list. Over the last two years, Tesla has…
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Cleantech & EV'sNews

How electric vehicles help keep the lights on with bidirectional charging during extreme weather events

November 9, 2022
You know how frustrating it can be if you’ve lost power for several days (or weeks). No running water and your internet, refrigerator, and other kitchen appliances are down – it’s complete darkness at night. Electric vehicles featuring large, powerful batteries and bidirectional charging capabilities are helping keep the lights as extreme weather events like hurricanes are on the rise.
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Cleantech & EV'sNews

Tesla pulls another demand lever in China

November 8, 2022
Tesla has pulled on another demand lever in China by creating some urgency to get an insurance incentive worth ~$1,000 as it tries to increase sales at the end of the year. Over the last few months, there have been increased concerns about softening of demand for Tesla vehicles. It was enough for CEO Elon Musk to address it during the conference call following the release of Tesla’s Q3 2022…
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Cleantech & EV'sNews

Foxconn is investing another $70 million in Ohio’s Lordstown Motors to pursue revamped ‘EV program’

November 8, 2022
Global tech company Foxconn has announced it will invest at least another $70 million and up to $170 million total in EV startup Lordstown Motors. Foxconn’s $70M investment in Common Stock shares of Lordstown will help the company with its corporate strategy, while the two parties are shifting their previously announced $100 million joint venture into a Preferred Stock investment that will fund…
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