• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Elon Musk calls $25,000 EV “pointless,” says future is autonomous

Green Car Reports
A $25,000 EV is pointless and silly, according to Tesla CEO Elon Musk The future is autonomous in Musk’s view But Musk reiterated that we need to make EVs affordable for everyone In the automaker’s third-quarter earnings call, Tesla CEO Elon Musk did an about face from the idea of a $25,000 electric vehicle that he had previously promoted. Tesla… Read more…

Tesla’s Q3 earnings report is out: solid profits, but lower-than-expected revenues

ArenaEV
Tesla’s third-quarter earnings report is out, showing revenue was slightly short of expectations, but profitability was great. Tesla raked in $25.18 billion, compared to the anticipated $25.4 billion, but it made $2.17 billion in net profit, significantly above the analysts’ consensus. The record gross margin of 19.8% was the most significant contributor. Tesla’s vehicle deliveries in Q3 were also positive.… Read more…

Family-friendly Zeekr Mix launches in China for less than $40,000

ArenaEV
Geely’s Zeekr brand has been busy expanding its portfolio, and after unveiling its first electric MPV earlier this year, the Mix is finally ready for orders. This innovative electric minivan launched in China yesterday with a starting price of RMB 279,900 (approximately €35,370). Although it might not be everybody’s cup of tea, the Mix reimagines the concept of a family… Read more…