Tesla just reported that the Tesla Model Y was the best-selling vehicle in Europe overall during the first quarter of the year. More bad news for the German and other European car companies as Tesla increases market share, again. Add in price cuts and the option of special versions for the UK business market as […]
Model Y – the top selling car in Europe Read More »
Recent communication from Mer, who run our local charge points in Midhurst, West Sussex. As has been widely reported in the news over the last year, the rising cost of energy has impacted consumers and businesses as well as bringing volatility to pricing for energy providers. Although there has been some relief with the increasing
Mer Price Increase Read More »
The main financial details from the Q1 2023 report are as follows: $ 23.3 billion in revenue $ 0.85 profit per share (Non-GAAP) Profit per share: ~ $0.85 to $0.94 per share Revenue: ~ $23.617 billion to $24.048 billion Total Production 440,000 cars Q1-2022 Q2-2022 Q3-2022 Q4-2022 Q1-2023 YoY Model S/X production 14,218 16,411 19,935 20,613
Tesla Q1 ’23 Earnings Report: Read More »
In a surprise move Tesla UK introduced a new Model 3 variant for UK business customers. In the UK business customer have strong incentives to go electric. The value of the vehicle can be written down as cast rather than an expense, making a Tesla a great way to eat profit. And all company car
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Fisker has revealed the official driving range of the range-topping ‘Extreme’ version of its new Ocean SUV, making the car the longest-range electric SUV on sale in Europe. The Fisker Ocean is the first model from Fisher Inc and is on sale and available to configure now. Fisker has not detailed battery capacities for the
Fisker Ocean claims official EV range of 440 miles Read More »
Yes – production commences at the Magna Steyr plant in Austria of the Fisker Ocean SUV. Fisker has started production of the long-awaited Ocean SUV. The first production example of the battery-electric Ocean rolled out of the Graz, Austria, plant where it is manufactured by Magna Steyr. The contract manufacturer and supplier that will build
Fisker Ocean enters production Read More »
There are plenty of reports on the switch to EVs and their impact on the enrironemnt. Well here is another one just published form the folks at AutoTarder: Understanding the sustainability of electric cars To no great surprise the report say that cars and trucks are v bad for the environment and contribute 75% of
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We reported recently that the Tesla Model Y was the best seller in Germany during September and the number two seller in the UK in September it’s not a huge surprise to expect a solid Europe wide result. With Giga Berlin ramping production as Musk has mentioned in the last earning call the number of
Model Y Takes Top Spot In Europe in September 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
As Q3 ends we have plenty of sales data to review. Some big numbers, some hits and some misses. Let’s starts with Tesla The market was expecting Tesla to deliver between 350,000 and 370,000 units. On the weekend Tesla reported over 343,000 cars delivered and over 365,000 produced. In the third quarter, we produced over
