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Tesla cofounder and longtime CTO JB Straubel sent a warning to automakers that are making announcements about timelines to go all-electric: “Make sure you do the math when it comes to your supply chain.”   In a new episode of “This Week in Startups,” Straubel discussed his early days at Tesla and how he is proud that the company achieved its mission to accelerate the industry’s transition to electric vehicles. He commended all the automakers that are currently making announcements about going electric on specific timelines, like Mercedes-Benz by 2030 or GM by 2035, but he also questioned if they really looked into...

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Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company said Saturday. Analysts predicted that Tesla would deliver around 220,900 electric cars during this period, according to estimates compiled by StreetAccount as of September 30. The company produced 237,823 cars in the period ending September 30, 2021, Tesla said in its report. Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts predicted that Tesla would deliver around 220,900 electric cars during this period, according to estimates compiled by StreetAccount as of September 30. The company...

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Rail freight manufacturer Wabtec Corporation has officially unveiled the newest version of what it calls “the world’s first battery-electric freight train.” The electric train, known as FLXdrive Battery Locomotive, is no longer just a prototype and has made its official debut in Pittsburgh, PA, following Wabtec’s first sale of the locomotive earlier this week.   Wabtec Corporation is a manufacturer and freight company with over 150 years of experience in the rail industry. Looking ahead, the company has had the foresight to help bring in a new era of decarbonized locomotive transportation. As we reported as June, Wabtec was in the midst of...

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According to a new analysis from Wedbush, Tesla (TSLA) is expected to reach 1.3 million deliveries in 2022. The automaker is apparently getting ahead of current supply chain issues plaguing the auto industry.   Ahead of the start of 2021, some industry watchers thought it could be the year Tesla breaks a million deliveries. However, like the rest of the auto industry, Tesla has been hit by supply chain problems. The company navigated the global chip shortage fairly well, but it has also become clear that the openings of its new factories, Gigafactory Texas and Gigafactory Berlin, are not going...

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Electric vehicle stocks are struggling overall due to the continued global semiconductor shortages and supply chain barriers. However, Real Money's Jim Collins says there's more than one way to play the burgeoning market than just Tesla. Investors can capitalize on success by investing in the companies that will underpin the entire sector.  Companies that build products and technology for the EV market without actually manufacturing the cars themselves may offer investors opportunities they haven't considered. Collins writes: "In the interest of presenting some compelling emerging growth ideas in this mega-cap-dominated market, I decided to run with the ball myself." All of the...

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