Electric Vehicle and Tesla News

Tesla'S Charging Standard Takes The Lead

Tesla’s Charging Standard Takes the Lead

Tesla seems to have secured its position as the dominant player in the U.S. electric vehicle (EV) charging scene. With only a few minor battles left to fight, another significant adopter has jumped aboard. On Tuesday, EV newcomer Fisker confirmed…

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…

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