Tesla posts record net income of $438 million, revenue surges by 74%
Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be deliv
Elon Musk wants SpaceX to reach Mars so humanity is not a ‘single-planet species’
Elon Musk remains focused on his vision for SpaceX: Establishing a permanent human presence on Mars.“We don’t want to be one of those single-planet species; we want to be a multi-planet species,” Musk said on Friday.While the company is flying astronauts with its Falcon 9 rockets and Crew Dragon capsules, SpaceX is working to develop Starship: An enormous stainless steel rocket, designed to be fully reusable and carry people to the moon and Mars.SpaceX founder and CEO Elon Musk remains focused o
As of 15:16, April 21, 2021, Beijing time, XPeng P5's cumulative orders have exceeded 10000!XPeng P5 becomes the most popular model of XPeng auto reservation.Xpeng Motors shares fell slightly 0.29% in premarket trading.XPeng Motors exhibited and kicked off pre-orders for its third production model on April 19th, the XPeng P5, the world’s first production smart EV equipped with automotive-grade LiDAR technology.Showcased at the 2021 International Automotive Exhibition in Shanghai, the P5 family-f