Another strong quarter from Tesla as Q2 production numbers are close 40480,000. Production Deliveries Model S/X 19,489 19,225 Model 3/Y 460,211 446,915 Total 479,700 466,140 These numbers represent significant growth and are more than the 447,000 Wall Street had expected. The figures are a significant jump from this time last […]
Tesla Q2 2023 Vehicle Production Results Read More »
Oct 19th: Tesla Q3 Results just published. Key data Revenue: $21.45 billion and 56% YoY growth. Income of $3.7 billion and 75% YoY growth. Operating margin of 17% up 262 bp. Tesla reported $1.05 in adjusted EPS, ahead of expectations of 99 cents, on revenues of $21.45 billion, lighter than the $21.96 billion expected. Net income
We reported recently on the start of the fraud trial of Nikola founder and chief con artist, Trevor Milton. – Yes he who filmed a truck heading down the freeway claiming it was Hydrogen powered then in fact it had no engine as was rolling down hill powered entirely by gravity. The jury found Milton
Nikola founder Trevor Milton Nicked and Guilty Read More »
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 »
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
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 »
Last week Tesla held its AI update day At AI Day Tesla unveiled an ambitious plan to complete the vertical integration of every component of its hardware and software stacks, from silicon, training cluster and compiler to driving simulator. If fully implemented in 2022, Tesla would be the most deeply integrated “automotive company” in the world.
AI and self driving Read More »
A report from Uswitch has revealed to no great surprise that the Tesla Model 3 achieves the highest sales volume worldwide, a model that will now be excluded from the grant as it costs more than £35,000.
Tesla Model 3 revealed as having the highest EV sales volume worldwide Read More »
The UK Government just hit all potential EV and Plug In Buyers with a wet fish to the head. What are they thinking?
EV Grants slashed overnight Read More »
