Tesla’s controversial turn signals are going to ding its near-perfect safety rating

  • March 4, 2024
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Tesla’s controversial turn signals without the traditional steering wheel stalk are going to make the automaker lose its near-perfect safety rating in Europe. Over the last few years, Tesla has built an impressive collection of top safety ratings from safety organizations all around the world. We previously reported on the Model Y acing its safety test with […]

This VW-partnered battery maker just pioneered a novel recycling process

  • March 4, 2024
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Photo: 24M Technologies MIT spinout and battery maker 24M Technologies today debuted a new direct-material battery recycling process for EV batteries and battery storage. Cambridge, Massachusetts-based 24M Technologies, which boasts Volkswagen as a commercial partner, “has simplified lithium-ion battery production with a new design that requires fewer materials and fewer steps to manufacture each cell,” […]

Health

First U.S. Over-the-Counter Birth Control Pill Will Be Available Soon

  • March 4, 2024
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Why It Matters The medication, called Opill, which was approved for over-the-counter sale by the Food and Drug Administration last year, will be the most effective birth control method available without a prescription, research shows — more effective than condoms, spermicides and other nonprescription methods. Reproductive health experts said that its availability could be especially […]

Tesla (TSLA) drops on bad Chinese delivery numbers that mean nothing

  • March 4, 2024
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Tesla’s stock (TSLA) is dropping by as much as 7% – erasing billions of dollars in value today. It’s not clear why, but some are suggesting bad Chinese delivery numbers are to blame. China is the world’s biggest auto market and by far the biggest EV market. If your sales are dropping in that market, […]

News

Hims & Hers spotlights increased year-over-year and 2023 Q4 revenue

  • March 4, 2024
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Direct-to-consumer virtual care company Hims & Hers Health reported a total of $246.6 million in revenue for Q4 compared to $167.2 million for the fourth quarter of 2022 and total year-over-year revenue in 2023 of $872.0 million compared to $526.9 million for 2022.  The San Francisco-based company reported a net income for the fourth quarter […]

Nissan slashes starting price of 2024 Ariya electric SUV to $39,590

  • March 4, 2024
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Nissan is slashing prices on its first global electric SUV. The 2024 Nissan Ariya now starts at $39,995, with a lower starting price on all trims. Nissan cuts 2024 Ariya EV price Sales of Nissan’s first all-electric SUV in the US are heating up. Nissan sold 3,765 Ariya models in Q4 for a total of […]

Tesla’s (TSLA) Bitcoin holdings surge to over $600 million

  • March 4, 2024
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Tesla (TSLA) is benefiting from its investment in Bitcoin, which now surge past $600 million as the cryptocurrency tests new highs. Tesla is one of the few large public companies to decide to invest some of its cash into cryptocurrency. Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency […]

Ford’s EV price cuts boost demand as all-electric sales climb 80% in February

  • March 4, 2024
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Ford’s EV sales climbed 80% year-over-year (YOY) in February following aggressive price cuts last month. Ford EV sales climb in February following price cuts After EV sales slipped 11% last month in EV sales last month, Ford saw a big improvement in February with 6,368 all-electric vehicles handed over, up 80.8% over last year. Ford […]