Thursday Mar 23, 2023

Despite of Multiple Production Delays Tesla Posts Solid Growth

Tesla announced this week that its second quarter revenue rose 42% over last year. Tesla also announced nearly 60% jump in adjusted earnings per share.  These numbers come despite production disruptions in China because of the COVID lockdown and high costs associated with new production plants in Texas and Germany. Tesla sales are really strong […]

Electric Vehicles Demand Continue to Accelerate Despite of Multiple Economic and Supply Chain Challenges

As demand accelerates in most major markets globally, electric vehicles sales could reach 33% of total sales by 2028 and 54% by 2035. Consultants have estimated that electric vehicles accounted for less than 8% of global sales last year and fewer than 10% in the first quarter of this year. Moreover, electric vehicle sales are […]

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