Tag: Revenue
Tesla Exceeds Q2 2024 Delivery Forecasts
Tesla, headquartered in Austin, Texas, has surpassed expectations for deliveries in the second quarter of 2024. Despite Wall Street analysts adjusting their forecasts downwards, the electric carmaker managed to deliver a total of 443,956...
Stellantis Sales Decline: What’s Going Wrong?
Stellantis recently released its second-quarter sales figures, and the results are not looking great. Most of the Detroit-based brands, such as Ram, Jeep, and Chrysler, have experienced a significant decline in sales. Ram, in...
Rivian Focuses on Profitability Through Streamlined Production and Cost Reductions
Electric vehicle manufacturer Rivian is focused on improving profitability by streamlining its production process and reducing costs. CEO RJ Scaringe revealed that the company has eliminated over 100 steps from the battery-making process, 52...
EV Sales Soaring, But Tesla Struggles
Recently, there has been a lot of talk about the slow growth of the electric vehicle (EV) market despite dropping prices. Many automakers have shifted their focus to hybrids instead of EVs. However, new...