Oil and gas companies are currently investing heavily in electric vehicle charging companies
For decades, oil and gas companies and utilities have refused to accept electric vehicles as a given. Now oil and energy giants are becoming part of the "new fuels"industry. According…

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Plug-in-hybrids — "enabling technology" for the transition to electric vehicles
Many consider plug-in hybrids to be a transitional stage between cars with internal combustion engines and fully electric cars, but automakers are bringing new plug-in hybrid models to the market,…

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3 myths you should know about electric cars in the USA
On 6 October 2018, the intergovernmental panel on climate change issued a special report to policymakers urging that, in order to avoid the most catastrophic consequences of climate change, we…

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sales

Retail is dead: why Tesla will get more profit by closing stores

Elon Musk recently announced that Tesla will close 10-30% of retail stores with low efficiency and completely change its sales strategy. Some shareholders of the company have already expressed their skepticism about this, while others, on the contrary, are optimistic about the initiative of the management.

Musk believes that closing retail stores is the best solution to maintain the company’s profitability while reducing the price of Model 3 to the base $35,000. In General, the optimistic forecasts of analysts indicate 4 main reasons why the closing of showrooms is a profitable step for the company. Continue reading

Elon Musk: Tesla is successful because we were not taken seriously

In celebration of its 70th anniversary, MotorTrend magazine interviewed Elon Musk, a man who has changed the modern automotive world in many ways. In this interview, the CEO of Tesla answered several interesting questions, in particular why no one has been able to approach the level of Tesla.

Speaking about the success and importance of his company for the modern automotive industry, Elon Musk noted that this is ensured by the fact that at the time (recall that this year Tesla was 16 years old), representatives of the world industry simply did not believe that the company that decided to start producing electric cars will be able to achieve at least some success. According to the Mask, competition actually was not, so how to compete no one was going. Continue reading

The engineers at Tesla have shared their secrets of control, transmission and suspension Model 3
Tesla Model 3 almost captured the market of electric vehicles, with high speed, high performance and energy efficiency. It is easy and comfortable to operate, it is stable on the…

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Volkswagen's radical strategy: put everything on electricity
Volkswagen has set itself the goal of a possible profitable mass production of electric vehicles in the amount of 80 billion euros (91 billion us dollars) — a feat that…

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By 2040, electric vehicles will dominate sales, reducing oil demand by 13 million barrels per day
Passenger car sales from ice have already reached a peak, and this development will have wide implications not only for the automotive sector, but also for oil and gas, metals…

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