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Tesla update

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 […]

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AI and self driving

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.

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Transition to Electric Cars is going to shake the industry to the ground

Interesting report from Reuters showcases what we have been saying for some time. The  transition to electric mobility will put 75,000 engine and gearbox manufacturing jobs at risk, according to a study commissioned by German automakers and trade unions. The auto industry accounts for 840,000 jobs in Germany, of which 210,000 have to do with

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