Great reporting from Bloomberg as they cover the details about the trial of Trevor Milton the founder and chief crook of Nikola Motors. An intriguing story about a shady character, fraud, conspiracy and how investors were fleeced for many millions of $. The article concludes with: In July 2021, about six months after the botched […]
Trevor Milton looked like the next Elon Musk—and may end in the nick. Read More »
With the recent addition of Sidcup Supercharger there are now 1,000 Tesla Superchargers spread across 100-plus UK locations. The 1000th Supercharger is situated in the newly opened London Sidcup Supercharger site at Ruxley Manor with 15 charge points available. The site is accessed from the A20 and offers amenities, such as a restaurant, café, grocery
Tesla Supercharger Network expands to 1,000 in UK Read More »
Nikola founder and chief showman, Trevor Milton went on trial Monday on fraud charges. This is the company that promised heavy duty trucks powered by hydrogen fuel cells and electricity. Nikola was long on promotion and showcased a video of a prototype truck barreling down a freeway. The company also claimed it had leading edge
Nikola fraud trial commences Read More »
Tesla will announce Q2 earnings next week on July 20th. What to expect and should you buy before earnings? Output We have two recent data points. Firstly the company released Q2 production numbers that showed deliveries of 254,695, far less than the market was expecting. This hurt the stock. The quarterly press release states production
Nissan has teamed up with the energy company E.ON to offer generous discounts on electric vehicle home chargers in a special Summer Sale. The offer is available to past and current purchasers of new and used electric vehicles at your local Nissan dealership or via the registration form at EON Energy. It means £350 off the
Nissan lowers cost of Home Chargers in Summer sale Read More »
Just like April the Tesla Model 3 was the single best-selling car in the UK during May. Granted all car sales are down with the UK total a dismal 20,000 units – a 89% fall Y on Y change. Some 20,247 cars were registered in the month, as ‘click and collect’ services, allowed from mid-month,
Tesla Model 3 – UK best selling car in May. Read More »
New UK car registrations fell -20.6% to 124,394 units in the second weakest May since 1992, after the 2020 pandemic-hit market, as supply shortages continued to hamper new purchases and the fulfilment of existing orders, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The decline, compared with the first
Another dismal month for new car sales with weakest May for 30 years Read More »
Volkswagen’s CARIAD, the Volkswagen Group’s software company, announced this week that it will source chips from Qualcomm to develop autonomous driving software, which the German carmaker has made the backbone of its future strategy. Who is CARIAD? CARIAD is an automotive software company in the Volkswagen Group that is consolidating and further expanding the Group’s software competencies
Another sign that all cars are becoming computers on wheels Read More »
By 2030, the UK wants 5 times more EV chargers than the number of petrol pumps it has today There are around 30,000 EV chargers in the UK today. But by 2030, if the government has its way, there will be 10 times as many. It has committed £1.6 billion to its new Electric Vehicle
UK To Add 300,000 New EV Chargers By 2030 Read More »
We are a big fan of Hindenburg Research ever since they uncovered the fun, games and fraud at Nikola. In September 2020 Hindenburg published a report claiming that Nikola is an intricate fraud built on dozens of lies over the course of its Founder and Executive Chairman Trevor Milton’s career. One of the most impactful claims was
Is standard lithium LTD a sham? Read More »
