AD #3807 - Toyota Posts Record Profits; Rivian Loses Nearly $40,000 Per Vehicle Sold; Tesla Buys $2 Million Worth of Lidar In Q1
About this episode
Toyota reports record profits with strong vehicle sales but expects a profit dip next year due to heavy investments in electrification and AI. BMW faces rising manufacturing costs, leading to lower earnings despite slightly higher sales. EV startup Rivian loses nearly $40,000 per vehicle but anticipates profitability by year-end. Tesla invests $2 million in lidar tech, hinting at a shift in stance despite Elon Musk's past criticism. China leads in fast charging infrastructure, while European officials debate tariffs on Chinese EVs amid concerns about subsidies and supply chains. Daimler Truck tests Level 4 autonomous electric semis, aiming for a 2027 launch.
Tesla Semi
"...ed a prototype version of its electric ecs Kadias semi truck equipped with Level four autonomous technol..."
Dodge Journey
"... brought to you by Bridgestone Solutions for your journey, Intrepid Control Systems, over the air engineeri..."
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