Arrival was founded in 2015 and has 800 employees, but until now has been in “stealth mode,” revealing little about its business model or plans. But this deal is a sign it has been doing something right, says Michael Harley...
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Tesla, Profits, Self-Driving Subscription
Tesla, Profits, Self-Driving Subscription
Despite its flagship Fremont, California, factory being shut down since March 23, Tesla announced it posted a $16 million profit during the first quarter of 2020. It's the first time the company has made a profit during the first quarter, which is traditionally a slow period. Also, it was able to eke this out despite shutdowns at its Shanghai and Fremont sites. This and a few news nuggets were announced during an investor call on Wednesday, April 29, including a new timeline for Full Self Driving (FSD), an upcoming Gigafactory announcement, and a Model 3 price drop in China...
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The design isn't a surprise, but an official reveal should still be months away. Yesterday, we received spy shots of facelifted Genesis G70 prototypes driving around without any heavy heavy camouflage hiding the....
The couple from Meningie, which is around 100 miles south of Adelaide (which is about eight hours north of Melbourne), thought it would be a good idea to slap some special tires on their Ford Falcon to illustrate the upcoming child’s gender. While this seems like a fairly standard way to handle a gender reveal, the car’s tires burst into flame during the burnout........
