BYD outdoes Tesla (TSLA) in annual revenue, finishing its fiscal 2024 with $107 billion
The Chinese EV giant saw a 29 percent increase in revenue over its previous year and outdid Tesla's 2024 annual revenue of $97.7 billion.
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The Chinese EV giant saw a 29 percent increase in revenue over its previous year and outdid Tesla's 2024 annual revenue of $97.7 billion.
The latest recall on Cybertrucks was issued earlier this week as the company continues to bleed value due to controversies surrounding its CEO.
The EV company's 'super e-platform' will feature charging speeds of up to 1,000 kW compared to the Tesla Supercharger's current 500 kW.
After a long stretch of getting its feet under it, Rivian is finally to the point where it's turning reasonable profits in its fiscal quarters.
Ford's electric vehicle division is working to development cost improvements as the company continues to invest in future products.
Elon Musk shared on the Tesla Q4 2024 conference call that Tesla will launch its FSD service in many regions in the US by the end of 2025
Tesla's CEO is highly optimistic about the EV company's potential.
Revenue only grew 2 percent year over year for Tesla in Q4 2024.
GM also plans to purchase the remaining shares of Cruise and restructure the operations to save an estimated $1 billion per annum.
Stellantis' electric Ram pickup was supposed to launch before the end of 2024, but has been pushed to the first half of next year.