There’s a prevalent chatter about Tesla in the global cleantech sphere. Last week, the focus was around the company’s Q3 2023 investor conference call that veered off the typical nature of such meetings. There was a significant shift in the future narrative around Tesla, following Elon Musk’s tone, which suggested a change from his previously bullish forecasts about the business. Some of the milestones, such as the forecasted 50% CAGR set to run all through the 2020s, seem to be slipping away. Musk acknowledged that Tesla bit off more than it could chew with delayed Cybertruck while the company remained largely mute about the fully self-driving (FSD) tech. The overall ambiance of the call was one of dejection, with Musk seemingly expressing his distress.
Should Tesla Have Designed a Conventional Pickup Truck?
The call prompted critics to speculate on whether Tesla made a mistake by not creating a conventional pickup, similar to Truckla or Ford Maverick, irrespective of the fate of the Cybertruck. This debate was brought to the forefront in light of Cybertrucks repeated setbacks.
An Insightful Analysis of Tesla’s Conference
For a deeper understanding of Tesla’s conference call, an episode of our EV Obsession show provides an in-depth analysis.
The Biden Administration’s Significant Investment in Renewable Energy
Notwithstanding the gloom around Tesla, the Biden administration has endorsed cleantech with a $3.5 billion investment in 58 projects across 44 states. The goal is to bolster electric grid resilience and reliability, which is crucial for the adoption and usability of renewable energy. The substantial fund originates from the Bipartisan Infrastructure Law that the Congress passed before the Republicans took the helm in 2022.
A Curious Patent From Disney
Adding a dose of humor to the cleantech space, Disney has patented a unique EV charging station. The purpose, venue, and status of this charge point remain a mystery, making it an intriguing piece of news.
New Trends in France EV Market
In the latest France EV sales report, the Tesla Model Y still dominates, followed by an array of small electric cars. Stellantis is the current leader in plugin vehicle sales in France, with Renault–Nissan Alliance and Tesla trailing behind.
Electricians: The High-demand Profession of the EV Revolution
The EV revolution is creating a growing demand for electrical technicians, especially those specializing in EV charge point installations. The swift transition to electric vehicles is being hampered by a labor shortage in the electrical industry rather than technical issues.
Illinois Stands to Reap Huge Benefits through Clean Cars
A recent study reveals that transitioning to clean cars could yield $178 billion worth of benefits for Illinois.
BMW Adopts Tesla’s Charging Standard
Following suit, BMW is the latest car manufacturer to incorporate the North American Charging Standard (NACS), Tesla’s charging protocol, leaving Volkswagen Group and Stellantis as the major holdouts.
Ghanaian Company Targets Significant Electric Vehicle Rollout by 2030
In a remarkable initiative, Ghana’s Kofa has collaborated with TAILG to formulate a battery swap network for electric motorcycles. The partnership aims to deploy 200,000 electric vehicles using this network by 2030.
