Cleantech & EV’s

Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave. In a rare occurrence, Tesla had a pretty bad miss on expectations for both revenue and earnings with its financial results in Q1 2024. Despite the miss, Tesla’s stock surged 12% today. That’s quite the anomaly. So, what gave investors…

The Subaru Legacy will ride off into the sunset next year as the brand preps for a new era. Subaru is shifting gears as it focuses on new EVs, including SUVs and crossovers. Subaru is retiring the Legacy with new EVs launching Subaru launched its first fully electric vehicle, the Solterra, in the US in December 2022. The electric SUV was the first to feature Subaru’s Symmetrical AWD system…

Rivian (RIVN) is still planning to build electric vehicles in Georgia, just not as soon as expected. After delaying construction, Rivian reaffirmed its commitment to an EV manufacturing plant in GA. After unveiling the R2 last month, a smaller and more affordable electric SUV, Rivian announced it would begin production at its Normal, IL facility rather than its new $5B GA plant. Rivian said…