Electric Vehicle and Tesla News

Rivian Optimistic About Future Production And Financial Health - Shares Drop As Rivian Struggles To Meet 2021 Production Goals

Rivian Optimistic About Future Production and Financial Health

Rivian Automotive, the Amazon-backed electric vehicle (EV) manufacturer, provided a refreshing update on Tuesday, elevating its annual production expectations. Additionally, the company’s chief executive assured stakeholders of its solid financial health, projecting sufficient funds to operate smoothly until 2025. In…

In A Significant Corporate Reshuffle, Tesla, The World'S Top Automaker In Valuation, Announced On Monday That Its Chief Financial Officer, Zachary Kirkhorn, Is Stepping Down.

Tesla’s CFO Steps Down, New Face Takes the Helm

In a significant corporate reshuffle, Tesla, the world’s top automaker in valuation, announced on Monday that its chief financial officer, Zachary Kirkhorn, is stepping down. After a remarkable 13-year journey with the company, Kirkhorn will make way for Vaibhav Taneja,…

Exxon Mobil Jumps Into The Electric Car Game

Exxon Mobil Jumps into the Electric Car Game

Oil titan Exxon Mobil is venturing into the electric vehicle (EV) industry, looking to supply lithium to leading automakers, according to Bloomberg Law. Talks are underway with major players such as Tesla, Ford, and Volkswagen, among others. The negotiations also…

Skoda Speeds Ahead With 35% Profit Jump

Skoda Speeds Ahead with 35% Profit Jump

In a rebound reflecting the stabilization of the supply chain, Skoda Auto, the Czech unit of Volkswagen Group, reported a year-on-year surge of 35% in its first-half operating profit. This significant leap forward is an encouraging sign for the Czech…

In The World Of Electric Vehicles, Tesla'S Innovative Ideas Often Spark A Whirl Of Speculation. The Latest Rumor, Surrounding An Israeli Startup Known As Storedot, Suggests Tesla May Be Delving Into New Charging Technologies That Could Significantly Cut Charging Times.

Groundbreaking Tesla Tech Could Shatter Charge Times

In the world of electric vehicles, Tesla’s innovative ideas often spark a whirl of speculation. The latest rumor, surrounding an Israeli startup known as StoreDot, suggests Tesla may be delving into new charging technologies that could significantly cut charging times.…

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