Category news

Battery sales keep Tesla profitable in Q2 as EV sales still slumped

Enlarge / Will investors care that Tesla’s car sales and profit margins are shrinking, not growing? (credit: Karol Serewis/SOPA Images/LightRocket via Getty Images) Tesla posted its second-quarter financial results ahead of an investor call this afternoon. Earlier this month, it…

The Cruise Origin driverless pod is dead, GM tells investors

Enlarge / As Cruise ramps up its robotaxi service, it won’t be in these cool-looking driverless pods. (credit: Cruise) The Cruise Origin was definitely the least conventional of all the myriad vehicles that General Motors planned to build using its…