Tesla’s latest earnings report was loaded with good news: the company’s sixth straight quarter, and first full year, of profitability; increased sales ($31.5 billion in 2020, compared to $24.6 billion in 2019); a healthy cash position ($19.4 billion as of year-end, compared to $6.3 billion at the end of 2019); and plausible plans for steady… Read more »
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2021 Ford Mustang Mach-E first drive report
Ford’s first real EV turns out to be a serious contender from Day One, due to striking looks and universal name recognition. Sitting in the 2021 Ford Mustang Mach-E as it fast-charged in a Walmart parking lot, a grinning middle-aged man approached. The Mach-E attracts attention—thumbs-up in traffic, stares on the highway—so we figured he… Read more »
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Pix and specs of Ford Mustang Mach-E electric crossover leaked
Ford plans to release details of its much-anticipated Mustang Mach-E electric crossover this Sunday, ahead of the car’s debut at the upcoming 2019 Los Angeles Auto Show. However, it appears that some enterprising Ford fan has discovered some pictures and specifications of the new EV on a hidden page on Ford’s web site. The information… Read more »
Is Workhorse’s deal to buy Lordstown plant from GM to build electric pickup too good to be true?
News travels by strange paths these days. The world first learned of a tentative deal for electric truck maker Workhorse to buy GM’s idled Lordstown, Ohio plant via a self-congratulatory tweet by the President of the US. If the deal goes through, it could be a win-win-win-win: Workhorse might receive a windfall like the one… Read more »
Tesla Q1 deliveries disappoint, stock stumbles
Just as the Tesla story has always elicited comments from both well-informed and uninformed writers, TSLA stock attracts investors of wildly varying levels of sophistication – or, to put it colorfully, “smart money” and “dumb money.” While the dumb money periodically causes large temporary tumbles in the stock price, triggered by Elon Musk pretending to… Read more »
Audi joins the class of 2019 with the e-tron
A new generation of EVs is beginning to appear on the roads, and these cars have what it takes to compete head-to-head with fossil fuel vehicles. They offer more than enough range to cover anyone’s daily commute, and thanks to vast new charging networks such as Electrify America and Europe’s Ionity, they are increasingly able to… Read more »
Tesla’s Q4 vehicle delivery numbers and $2,000 price reduction spook investors
Tesla announced production and delivery figures for the fourth quarter of 2018, and simultaneously announced that it would reduce the prices of all vehicles by $2,000 in order to compensate for the reduction of the federal tax credit for EV purchases. “In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per… Read more »
New York state launches charging station rebate initiative
New York Governor Andrew Cuomo has announced that $5 million in rebates is now available for the installation of charging stations at workplaces, office buildings, apartment buildings, and public locations such as theaters, malls, parks and retail stores. Administered by the New York State Energy Research and Development Authority (NYSERDA), the new Charge Ready NY… Read more »
Colorado moves to join 13 Advanced Clean Car states, automakers howl in protest
As the EPA proceeds to weaken federal emissions standards, Colorado has become the latest state to implement the LEV regulations included in California’s Advanced Clean Car Standards. Alphabet soup department: The California Air Resources Board (ARB [and sometimes CARB]) adopted the Advanced Clean Cars (ACC) program in 2012. The components of the ACC program are:… Read more »