Swedish EV Drivers Clock More Long-Distance Miles than Gasoline Car Owners, Study Finds

August 22, 2024 – A study conducted by Sifo, a Swedish social research company, and Zaptec, a charging station company, has revealed that electric vehicle (EV) owners actually drive longer distances than their gasoline-powered counterparts. The research, which surveyed 1082 individuals driving fossil fuel-powered cars and 1032 people operating electric vehicles or plug-in hybrids, encompassed…

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Tesla Reports Robust 2023 Financial Results, Led by Strong Model Y Sales and Soaring Energy Business Profits

January 25, 2024 – Tesla has unveiled its financial results for 2023, revealing a steady increase in revenue and profits despite facing various challenges throughout the year. According to the report, Tesla’s total revenue for the fourth quarter of 2023 amounted to 25.17billion,representinga396.77 billion, a significant 19% increase from 2022. In terms of profitability, Tesla…

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Tesla Converts ‘Foundation Series’ Cybertrucks to Regular Versions to Reduce Inventory

December 16, 2024 – Tesla is facing a sales dilemma with its Cybertruck, prompting the company to take several measures to address the issue, according to a report by Electrek. The electric vehicle maker is reportedly converting some of the initial “Foundation Series” Cybertrucks, which were originally produced for pre-order customers, into regular versions for…

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