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Stocks Technology

Tesla Texas produced 10,000th Model Y

Looks like Tesla’s managed to, gradually, catch up with production in Texas which is great news.

Tesla Gigafactory Texas has produced 10,000th Model Y electric SUV

One of the biggest stories at Tesla right now as the production ramps up is that the automaker is trying to simultaneously achieve Gigafactory Berlin and Gigafactory Texas. Those two factories are expected to roughly double Tesla’s production capacity within the next year.

However, those production ramps are hard to predict, and Tesla is not exactly forthcoming with the production numbers. But it does share milestones – today, the automaker announced that Gigafactory Texas produced its 10,000th Model Y vehicle:

Source: Electrek
Categories
Technology Travel

Kia EV6 smashes Tesla’s world record

Kia EV6

Recently, the Kia EV6 was also taken on a coast-to-coast road trip from New York to Los Angeles and set another new world record in the process.

During the seven-day trip, the Kia EV6 was charged for a total of seven hours, 10 minutes, and one second. That was fast enough for it to set a new Guinness World Record for shortest charging time to cross the United States in an electric vehicle. Impressively, it shattered the previous record set by Tesla by more than five and a half hours. For reference, the Tesla needed to be charged for a total of 12 hours, 48 minutes, and 19 seconds.

CarBuzz

That’s huge for Kia. And the car is gorgeous. I really welcome the competition here. EV by 2035!

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Technology

Uber partners with Hertz to offer 50,000 Tesla

Uber Technologies Inc on Wednesday said it is launching a new partnership with rental car company Hertz to offer 50,000 Tesla Inc vehicles as a rental option for its ride-hail drivers by 2023.

The announcement comes after Hertz on Monday said it would order 100,000 Tesla vehicles by the end of 2022, meaning that half of the rental company’s Tesla fleet would be reserved exclusively for Uber drivers.

For Uber drivers, Tesla rentals will start out at $334 a week, including insurance and maintenance, and consist mostly of the company’s Model 3 sedan. Uber said the rental cost would drop to $299 per week or lower as the program expands in the coming year.

Yahoo

I think this is a right step to electrification in automobiles. Also great news for Hertz being relevant again with electric cars. And of course, sweet win for Tesla.

This is also related to Newsom’s executive order to have California state to require that, by 2035, all new cars and passenger trucks sold in California be zero-emission vehicles.

Following the order, the California Air Resources Board will develop regulations to mandate that 100 percent of in-state sales of new passenger cars and trucks are zero-emission by 2035 – a target which would achieve more than a 35 percent reduction in greenhouse gas emissions and an 80 percent improvement in oxides of nitrogen emissions from cars statewide. In addition, the Air Resources Board will develop regulations to mandate that all operations of medium- and heavy-duty vehicles shall be 100 percent zero emission by 2045 where feasible, with the mandate going into effect by 2035 for drayage trucks.

California gov
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Stocks

This week’s earnings call

On Monday (Oct 18) there’s:

  • Albertsons
  • Philips
  • Steel Dynamics
  • State Street

On Tuesday (Oct 19):

  • Halliburton
  • Procter & Gamble
  • Johnson & Johnson
  • Philip Morris International
  • WD-40
  • Netflix

On Wednesday (Oct 20):

  • Abbott Laboratories
  • Biogen
  • NextEra Energy
  • Verizon Communications
  • Tesla
  • IBM
  • Anthem

On Thursday (Oct 21):

  • Southwest Airlines
  • Valero Energy
  • Quest Diagnostics
  • AT&T
  • SL Green Realty
  • Intel
  • Snap

On Friday (Oct 22):

  • Whirlpool
  • Honeywell
  • Seagate Technology Holdings
  • American Express

I’ll definitely watch out for Tesla, Netflix and Intel.