Rivian (RIVN) Q1 2023 earnings results beat revenue estimates on smaller than expected loss
While the company was able to put up a better-than-expected revenue, it was also able to put up smaller losses in EPS than analysts estimated.
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Lucid (LCID) still plans to build 10,000 EVs in 2023, has enough cash to last until Q2 2024
EV manufacturer Lucid (LCID) gave some optimistic news in its latest earnings report.
Tesla (TSLA) breaks ground on $375 million Texas lithium refinery
Tesla has begun construction on its $375 million lithium refinery in Texas.
Lucid (LCID) Q1 2023 earnings results miss revenue & EPS expectations
Lucid (LCID) reported it's Q1 2023 earnings results, missing on both revenue and EPS expectations.
Ford (F) expects Model E EV division to lose $3 billion in 2023
Ford's EV division is expected to continue losing money throughout the year.
Mobileye lowers guidance & anticipates larger losses in 2023 due to Tesla EV price war
Tesla has engaged in a price war in China with several EV manufacturers that are utilizing Mobileye technology.
GM plans to end Chevy Bolt EV production later this year
The Bolt is getting zapped as its battery cells are older than what's seen in other electric vehicles from GM like the Cadillac Lyriq.
General Motors and Samsung SDI to build new battery cell factory by 2026
GM and Samsung will invest over $3 billion in a new battery cell manufacturing plant.
Tesla raises prices in the U.S. days after lowering them
Tesla is tweaking prices on its vehicles for the seventh time this year.
Tesla Model Y was the best-selling non-truck vehicle in Europe and U.S. during Q1 2023
Only pick-up trucks in the United States beat out Tesla's most popular vehicle this last quarter.
