Tesla’s pickup truck is surely the most eagerly-awaited new vehicle since…well, Tesla’s last vehicle. Pickups are the biggest segment of the US auto market, and electrifying them will be a major, and necessary, turning point for EV adoption. Ford, GM and startup Rivian all have electric pickups in various stages of development, but Tesla is… Read more »
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Tesla Q4 earnings: another profitable quarter, Model Y and Pickup in the pipeline
As expected, Tesla announced that it earned a small profit ($139.5 million on $7.23 billion in revenue) for the second quarter in a row, a major milestone for the company. Sales of Model 3 sales remain strong – with over 140,000 units sold, the electric sedan represented 80% of all EV sales in the US… Read more »
As 2023 wanes, legacy automakers fall farther behind Tesla and BYD
Ever since Tesla’s 2003 founding, industry observers (and even the company’s own execs) have been predicting that the giant global automakers would respond to the new company’s challenge, produce their own compelling EVs, and surpass (or perhaps even acquire) the upstart. Two decades later, that scenario seems more unlikely than ever. As Tom Randall writes… Read more »
CEO Jim Farley explains how Ford is learning from Tesla, marketing EVs as “digital products”
Ford CEO Jim Farley is no stranger to EVs—before he joined Ford, he worked at Toyota, and was deeply involved in bringing the Prius to the US market. In a wide-ranging recent interview with Fully Charged’s Robert Llewellyn, Farley talks about how he is shepherding his company through the process of electrification. Farley understands that… Read more »
Upcycle makes a $35k electric pickup out of used Toyota Corollas
Upcycle Green Technology, based in the Canadian province of Prince Edward Island, defies much of the conventional wisdom in today’s EV industry. It doesn’t appear to have ambitions of being “the next Tesla.” It is not starting out with a six-figure long-range luxury vehicle. It is not building a “clean sheet” EV, and it does… Read more »
GMC offers a sneak peek at the upcoming electric Sierra pickup
Will 2022 be the year of the electric pickup truck? Startup Rivian snatched the first-mover advantage with its impressive R1T, and Ford recently grabbed some headlines with the announcement that demand for its upcoming F-150 Lightning has been far greater than anticipated. Hope springs eternal that Tesla’s unorthodox Cybertruck will hit the road sometime in… Read more »
2022 Rivian R1T: A real pickup truck makes an impressive debut
Could Rivian emerge as “the next Tesla?” On the strength of its debut truck, that’s not an unreasonable question. If you want to attract attention, keeping a company in stealth mode for several years is a good way to do it. The startup carmaker Rivian was founded a decade ago by RJ Scaringe, but it… Read more »
Chevrolet’s electric Silverado pickup to debut at CES 2022
Electric pickups are expected to be the next big thing, and newcomer Rivian stole a march on everyone—Ford’s F-150 Lightning is in pre-production, but deliveries aren’t to start until spring of 2022. Tesla’s Cybertruck is delayed until who-knows-when. GM may be struggling to catch up, but it’s moving forward. The latest news is that Chevrolet’s… Read more »
Tesla’s next vehicle: a humanoid robot?
At Tesla’s recent AI Day event, the company announced a number of new initiatives. It unveiled a new line of in-house-designed chips for its Dojo high-speed computer, which will power the next generation of Autopilot, and is now expected to be operational next year. The company also announced that new Full Self-Driving (FSD) hardware will… Read more »
Tesla Q2 earnings report: record billion-dollar income, delays for Semi and Cybertruck
The headline figure of Tesla’s second-quarter 2021 earnings report was a blockbuster: $1.1 billion in GAAP net income, a new record for the company and an astounding success for a young automaker. The milestone was reached thanks to the soaring sales of Models 3 and Y—the former is now outselling many gas burners in several… Read more »