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Welcome to the August 2019 edition of Electric Vehicle company news. August saw July global electric car sales up just 3% YoY, pulled down by the post subsidy slump in China. Put in context China's July slump of 7% is probably just a one off, and EV sales should start to recover in the s...
Introduction IBM ( IBM ) is trying to steer the company more and more into the cloud business. The cloud computing market has tripled its revenue for the past three years, posting robust and continuous growth. ( Source: cloud infrastructure revenue ) The fields of application are a...
Tesla ( TSLA ) lost $1.1 billion in the first half of 2019, and a chief culprit of this loss was a staggering decline in Model X and S sales. These are the nameplates that cost a lot more than the Model 3 and carry higher margins as well. Here are the combined Model X and S unit sales numb...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). Futures wavered between slight gains and losses overnight with investors largely attuned to the Fed'...
Audi ( OTCPK:AUDVF ) is poised to join an alliance with rivals Daimler ( OTCPK:DDAIF ) and BMW ( OTCPK:BAMXF ) to develop advanced driving assistance systems, according to German weekly Wirtschaftswoche . More news on: AUDI AG, Daimler AG, Bayerische Motoren Werke Aktiengesellschaft, Te...
Since it began selling the Model S in 2012, Tesla ( TSLA ) has arguably become the premier manufacturer of plug-in electric vehicles. With sales of the Model S and Model X now buoyed by sales of the Model 3 and the soon-to-be-introduced Model Y, which is built on the Model 3 frame, it would ap...
The purpose of this article is to examine Tesla’s ( TSLA ) Model 3 unit sales in almost all relevant European countries, and draw conclusions from the trends in the daily sales rate, as divided into monthly chunks. The main conclusion is that after starting in February-March in most c...
Introduction Amazon ( AMZN ) is currently struggling with a lot of news about battles with competition authorities and disappointing quarterly results. I myself have spoken bearishly about the company several times. I'm still very skeptical about Amazon's dominant market position and t...
Welcome to the July 2019 edition of Electric Vehicle [EV] company news. As usual there was an enormous amount of news and developments in the EV sector, even some e-plane news, and a near record global sales month for June. July saw June electric car sales up 67% YoY, with Tesla Model 3 and ...
Welcome to the June 2019 edition of Electric Vehicle company news. June saw a slowdown in May EV sales, but still a positive 12% growth YoY, mostly caused by a slowdown in China EV sales. Given the trade war and the negative growth in conventional car sales the result is not too bad. As far ...
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Aluminum is an important industrial metal used in a wide range of applications and considered a critical metal to economies around the world. Aluminum is one of the Earth’s most abundant metals and is produced from cryolite and bauxite mining. This is because the two ...