Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year

Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year

Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 12% in extended trading. Here’s what the…

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Uber gives users option to only hail full-electric cars, launches AI chatbot for EV-curious drivers

Uber gives users option to only hail full-electric cars, launches AI chatbot for EV-curious drivers

Uber CEO Dara Khosrowshahi on Tuesday announced that the company is updating its platform with new sustainability-minded features, including an “EV preference” that will let customers opt for fully electric vehicles by default, whenever they hail a ride. The company previously launched an “Uber Green,” service which has historically included a mix of battery-electric vehicles,…

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Auto giants are getting nervous about the prospect of mega fines as EV demand falters

Auto giants are getting nervous about the prospect of mega fines as EV demand falters

Workers producing pure electric vehicles at a Volkswagen (Anhui) workshop in Hefei, China, on Sept. 25, 2024. Cfoto | Future Publishing | Getty Images Europe’s top car giants appear to be increasingly concerned about the prospect of massive fines, particularly as electric vehicle demand falters ahead of the next tightening of carbon regulations. Automakers operating…

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