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In April, BYD—China’s leading maker of electric vehicles (EVs)—sold more cars in Europe than Tesla for the first time, seeing its sales on the continent soar 170 percent year on year. BYD sold 7,231 all-electric vehicles in Europe last month against Tesla’s 7,165.
During this year’s first quarter, registrations of new all-electric vehicles (EVs) shot up 28 percent across Europe and the U.K. due in particular to a jump in Germany, where sales more than doubled, the trade group ACEA reported.
Last month, U.S. sales of electric vehicles (EVs) fell 5 percent below March’s volume while the country’s overall car market grew by 10 percent, data service Motor Intelligence reported.
Elon Musk, the Tesla head who donated over $250 million to Donald Trump’s presidential campaign, has been tasked by the White House to seek and destroy government inefficiencies and waste, but critics wonder how effective the world’s richest man could be given that his companies pull in $20 billion a year in government contracts.
Palantir Technologies, the Denver software firm co-founded by Peter Thiel, a vocal Donald Trump supporter and Elon Musk’s old partner in PayPal, has seen its market capitalization balloon by $23 billion since Trump’s election on 5 November.
General Motors will delay introducing a new Buick electric vehicle (EV) and the opening of an electric truck factory, CEO Mary Barra said in a call with analysts last week.
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
Elon Musk has a track record for taking visionary tech from the drawing board to real-world products that change industries, and capture the imagination.
After investing a decade and billions of dollars, Apple has ended its efforts to produce an electric vehicle (EV).
Tesla has invented a car-making technique called “gigacasting” that could cut manufacturing costs in half and help Elon Musk achieve his dream of profitably supplying the world with millions of cheap electric vehicles.
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Join us on September 28th on the Four Corners of Freedom, John and Crown St. in Kingston, NY at 2pm for our annual peace rally.
Judge Andrew Napolitano, Scott Ritter, Max Blumenthal, Anya Parampil and Gerald Celente
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