As it ramps up production of the Tesla Model 3, Tesla announced Wednesday that it reduced its financial losses in the second quarter—barely. The result is significant, because Tesla is racing against the clock to keep from running out of money before it can build enough of its new, more affordable Model 3s to turn a profit. Tesla says it...
The electric-car maker consumed cash at a reduced rate in the second quarter, but still used $436 million as it continued to ramp up production.
Elon Musk, the chief executive, said the electric-car maker was about to turn a corner with output of its mass-market Model 3, buoying company shares.
New spy photos show the Mercedes-Benz EQS electric sedan testing. The EPA may base its emissions and fuel economy rollback on a tired argument. And Lynk & Co. reveals the 03 sedan. All of this and more on Green Car Reports. The Mercedes-Benz EQS was caught on camera and will be one of 10 electric cars launching by 2022. It will likely serve as...
In the latest draft of new fuel economy and emissions standards obtained by the Associated Press, the Trump administration argues that reducing mileage standards will improve safety. It's an argument that dates back to the beginning of fuel economy standards in the 1970s, and one that ignores technological improvements made along the way. Under...
For decades, Mercedes-Benz sold only two passenger cars. Now, the automaker is promising 10 different electric cars. Although the Mercedes has not revealed plans for all of them, spy photographers have recently captured a large electric sedan from Mercedes-Benz testing at Mercedes's headquarters in Sindelfingen, Germany. The spy pics were...
Toyota is going big on fuel cells. Its latest effort expands on the Mirai sedan by converting semitrucks to hydrogen fuel-cell power. The company has been testing a fuel-cell powered semi for more than a year at the Port of Long Beach, California, ferrying goods from the Toyota Logistics facility to distribution points headed for factories and...
After two years in the development wilderness, Faraday Future is marching forward toward producing its first ultra-luxury electric SUV. The company announced Monday that it built its first "body-in-white" of the FF91, the basic body structure of its upcoming first production car. Faraday Future plans to deliver the first FF91s to customers as...
Porsche teases the Taycan electric car's specifications. Faraday Future builds its first production car body. Toyota's Project Portal 2.0 fuel-cell semitruck heads to Los Angeles. And the results are in from our latest Twitter poll. All of this and more on Green Car Reports. The Porsche Taycan will boast 600 horsepower and more than 310 miles of...
Porsche this week teased us with a few specs of its upcoming Taycan electric sedan ahead of the car's 2019 debut. The Taycan, the production name for Porsche's Mission E concept car, is designed to compete with the Tesla Model S. To compete with Performance versions of the Model S, the Taycan will use two permanent-magnet synchronous motors, one...
