Lucid beat Q4 2024 delivery estimates. The company produced 3,386 units and delivered 3,099 vehicles in the last quarter of the year. Six analysts polled by Visible Alpha estimated that Lucid would deliver 2,637 units in the fourth quarter. The company saw an 11% growth compared to the third quarter Read more
Lucid’s Gravity Grand Touring vehicles will be powered by Panasonic Energy’s lithium-ion electric vehicle (EV) battery cells. Lucid will use Panasonic Energy’s latest-generation high-performance EV batteries for the Gravity Grand Touring. The battery supplier’s latest EV battery pack is reportedly 40% smaller than competitors’ products. Panasonic Energy’s battery pack will Read more
The results from China’s automotive sector in 2024 are in. And as it turns out, it appears that Tesla China is making some headway in the country’s premium automotive market. Tesla China’s 2024: In full year 2024, Tesla China sold about 657,000 vehicles domestically. These include a record 83,000 units Read more
A recent study from Compare the Market has revealed that Tesla was the most searched car brand in the United States in 2024. In 2023, Tesla was the most searched car brand in 29 countries. In 2024, this number increased to 34 countries. The study’s results: Tesla was the number Read more
Based on an EU filing, a few automakers plan to pool carbon emissions with electric vehicle (EV) maker Tesla to comply with the European Union’s 2025 rules on CO2 emissions. The automakers seeking to pool CO2 emissions with Tesla include Stellantis, Toyota, Ford, Mazda, and Subaru. Meanwhile, Volvo, Polestar, and Read more
Bank of America analyst John Murphy has downgraded Tesla stock (NASDAQ:TSLA) from a “Buy” to a “Neutral” rating. The analyst, however, also raised his price target for TSLA shares from $400 to $490 per share. Tesla’s post-election rally and Q4 results: As noted in a report from The Street, TSLA Read more
Tesla has requested that a Swedish court force the country’s top transportation organization to resume delivery of license plates for new purchases, after sympathy strike efforts aiming to get the company to sign a collective bargaining agreement have halted their delivery for over a year now. Sweden’s largest auto and Read more
United Airlines is set to introduce the world’s fastest and most reliable in-flight internet, Starlink, soon. As per a recent press release, United expects to begin testing Starlink next month, with the first commercial flight anticipated to take off this spring on an Embraer E-175 aircraft. Aggressive rollout: The airline has Read more
Elon Musk has confirmed SpaceX’s plans to delay its next Starship test launch, after it was initially aiming to perform the reusable ship’s sixth liftoff this week. During a livestream on X on Tuesday, Musk said that Starship’s seventh launch would be delayed “three or four days,” noting that it Read more
The remote driving feature allows owners to fetch their vehicles from a parking lot without anyone sitting in the driver’s seat.