tesla

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Vehicle Deliveries, Energy Storage Growth Drive Tesla’s Profit in Q3 2024

U.S.-based electric vehicle and clean energy company Tesla’s revenue for the third quarter (Q3) of 2024 rose 8% year-over-year (YoY) to $25.18 from $23.35 billion on the...

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Daily News Wrap-Up: SECI’s 1.35 GW Wind Auction Winners Announced

JSW Neo Energy (JSW Energy), Powerica, and Torrent Power were declared winners in Solar Energy Corporation of India’s auction to set up 1.35 GW inter-state transmission...

July 25, 2024

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Mercom Staff

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Daily Wrap-up
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Tesla’s Energy Storage Revenue Doubles, but Q2 Profit Falls 45%

U.S.-based electric vehicle and clean energy company Tesla‘s revenue for the second quarter (Q2) of the financial year (FY) 2024 rose 2% year-over-year (YoY) to...

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Daily News Wrap-Up: China Installs 46 GW Solar Capacity in Q1 2024

China installed 45.74 GW of solar power capacity in the first quarter of 2024, a 35.8% year-over-year growth, according to the National Energy Administration. The...

April 25, 2024

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Mercom Staff

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Daily Wrap-up
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Tesla’s EV Sales Drop, Energy Storage Revenues Surge in Q1 2024

U.S.-based electric vehicle (EV) maker Tesla reported a total revenue of $ 21.3 billion in the first quarter (Q1) of the financial year (FY) 2024, a 9% year-over-year...

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Daily News Wrap-Up: SJVN Green, SAEL, Coal India Win GUVNL’s 600 MW Auction

SJVN Green Energy, SAEL Industries, and Coal India were declared the winners of Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 600 MW of grid-connected...

January 29, 2024

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Mercom Staff

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Daily Wrap-up
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Tesla’s Net Income in 2023 Drops 23%, Energy Storage Deployments Surge 125%

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.4 billion in the fourth quarter (Q4) of the financial year (FY) 2023, a 39% year-over-year (YoY)...

January 25, 2024

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: PFC’s 1.25 GW ISTS-Connected Solar Auction

NTPC Renewable Energy (NTPC REL), ACME Cleantech Solutions, and Solarcraft Power India 12 (Blupine Energy) won PFC Consulting’s auction to develop 1,250 MW of interstate...

December 26, 2023

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Mercom Staff

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Daily Wrap-up
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Tesla’s NACS is Officially the Charging Standard for EVs in the US

The U.S. has taken a step towards standardizing Tesla charging technology across public networks by earmarking $7.5 billion to establish a nationwide electric vehicle...

December 22, 2023

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Staff

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Electric Vehicles

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Grid
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Daily News Wrap-Up: SJVN to Trade I-RECs from 1.5 GW Hydropower Project

SJVN has issued a letter of award to EKI Energy Services, a carbon credits developer and supplier, for registering, issuing, purchasing, and trading the International...

October 20, 2023

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Mercom Staff

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Daily Wrap-up
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Tesla’s Net Income Falls 36% in Q3 as Lower EV Prices Hurt Profits

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.3 billion in the third quarter (Q3) of the financial year (FY) 2023, a 36% year-over-year (YoY)...

October 19, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Ministry to Retender Unallocated Battery Capacity Under PLI

The Ministry of Heavy Industries (MHI) announced that it would re-issue the tender for the unallocated 20 GWh Advanced Chemistry Cell manufacturing capacity under the...

July 21, 2023

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Arjun Joshi

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Daily Wrap-up
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Tesla’s Q2 Net Income Up 20% YoY Due to Higher EV Sales

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.7 billion in the second quarter (Q2) of the financial year (FY) 2023, a 20% year-over-year (YoY)...

July 20, 2023

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Tesla Begins Building $1 Billion Lithium Refinery in Texas

Electric vehicle maker Tesla has begun constructing a 50 GWh in-house lithium refinery in the greater Corpus Christi region of Texas, representing an investment of over...

May 10, 2023

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Gautamee Hazarika

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Electric Vehicles

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC Invites Bids for 9 GWh of Energy Storage

NTPC Renewable Energy has invited bids for interstate transmission system-connected energy storage projects of 9,000 MWh capacity with a minimum of 1,500 MW capacity to...

April 21, 2023

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Mercom Staff

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Daily Wrap-up

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