Stay updated with breaking news from James Cat. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Following an exceptional earnings call, Tesla's value has increased by $50 billion in a single day. Tesla’s one-day increase is equivalent to Ford & GM’s entire market capitalization. Here are the highlights of the earnings call and ensuing short squeeze.
A hybrid or PHEV (plug-in hybrid electric vehicles) is simply a glorified gas car - and at the point EVs scale up and are the dominant vehicle, they are dead on arrival.
In sharp contrast to Tesla's continuing travails, BYD just announced stellar earnings for Q3 2023, with net income nearly doubling YoY.
X (formerly Twitter) user, YouTuber and Tesla investor Warren Redlich contemplated this idea inly to elicit laughs from Elon Musk.
A sequential decline snaps a consistent winning streak that stretched back to the early days of the Model Y in 2020.