Electric vehicles
Elon Musk states Tesla will keep a shareholder vote to incorporate in Texas following Delaware pay out snub
SpaceX, X (previously recognised as Twitter), and Tesla CEO Elon Musk speaks in the course of dwell job interview with Ben Shapiro at the symposium on battling antisemitism on January 22, 2024 in Krakow, Poland. Omar Marques | Getty Pictures Elon Musk reported late Wednesday that Tesla will maintain a shareholder vote on whether or […]
Read More
Elon Musk suggests Chinese EV makers will 'quite much demolish' most rivals without having trade boundaries
Elon Musk speaks onstage in the course of The New York Occasions Dealbook Summit 2023 at Jazz at Lincoln Centre on November 29, 2023 in New York Metropolis. Slaven Vlasic | Getty Illustrations or photos Elon Musk claimed Chinese electric powered automakers will come across “important” results outside of China, even as his business Tesla […]
Read More
Tesla shares drop 8% following corporation warns of slowdown in 2024
Tesla and SpaceX’s CEO Elon Musk reacts through an in-conversation party with British Primary Minister Rishi Sunak in London on Nov. 2, 2023. Kirsty Wigglesworth | Reuters Tesla shares fell in pre-marketplace trade on Thursday, immediately after the firm documented earnings that missed expectations and warned of a slowdown in 2024. Shares of Tesla ended […]
Read More
Panasonic puts productivity enhance in advance of new EV plant in U.S.
The Panasonic Electrical power Co. headquarters in Moriguchi, Osaka Prefecture, Japan, on Thursday, Jan. 11, 2024. Panasonic strategies to roll out the most recent iteration of its electric car or truck battery cells with improved capacity as early as this calendar 12 months, the main technology officer for EV batteries mentioned. Photographer: Kentaro Takahashi/Bloomberg through […]
Read More
Musk as soon as laughed off BYD as a risk. Now the Chinese huge has taken Tesla's EV crown — in this article's how
Chinese automaker BYD had one particular of the major stands at the IAA clearly show in Munich, Germany in 2023. Arjun Kharpal | CNBC Elon Musk dismissed BYD in 2011 by laughing at their goods through a Bloomberg job interview. “Have you observed their car?” Musk quipped. “I will not feel it is specifically beautiful, […]
Read More
Rivian stock falls on declining fourth-quarter EV deliveries
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland | CNBC Shares of Rivian Automotive declined by almost 10% during early trading Tuesday after the company reported increased vehicle production during the fourth quarter but fewer deliveries than the previous period. The company said […]
Read More
Why Tesla's Cybertruck is so challenging to mass deliver
When Tesla unveiled its vision for an electric powered truck in November 2019, it stunned the earth. The Cybertruck, featuring an unconventional design and style and clad in a custom made stainless steel alloy, was equally captivating and divisive. At first slated for a 2021 release, the company has struggled to get the truck to […]
Read More
Ford cuts planned 2024 production of electric F-150 Lightning in half
Ford workers produce the electric F-150 Lightning pickup at the automaker’s Ford Rouge Electric Vehicle Center on Dec. 13, 2022. Michael Wayland | CNBC DETROIT — Ford Motor will cut planned production of its all-electric F-150 Lightning pickup roughly in half next year, marking a major reversal after the automaker significantly increased plant capacity for […]
Read More
Why automakers are turning to hybrids in the middle of the industry's EV transition
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties […]
Read More
Stellantis resurrects small Fiat 500e EV for the U.S., starting at $34,095
The 2024 Fiat 500e. Stellantis DETROIT — Stellantis is resurrecting the all-electric Fiat 500e for the U.S. market, as the automaker begins to release electric vehicles domestically to meet tightening fuel economy regulations. The small city car is expected to first go on sale as a special edition “(500e)RED” model early next year, starting at […]
Read More