Tesla Inc
Tesla recalls Cybertruck to deal with defective windshield wipers, unfastened trim
The Tesla Cybertruck is unveiled at Tesla’s design studio on Nov. 21, 2019, in Hawthorne, Calif. Ringo H.W. Chiu | AP Tesla has issued two extra recollects for its Cybertruck pickups in the U.S., as the automaker carries on to deal with troubles with its latest electrical motor vehicle about six months right after commencing […]
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U.S. car sales are predicted to gradual during the 2nd fifty percent of 2024
Autos sit on a Chevrolet dealership’s whole lot on June 20, 2024 in Chicago, Illinois. A cyber assault on CDK World-wide, a software package company that can help dealerships control product sales and support, has crippled the workflow at close to 15,000 dealerships across the United States and Canada. Scott Olson | Getty Photographs DETROIT […]
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Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies. […]
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Tesla has downsized by at least 14% this calendar year immediately after Elon Musk stated layoffs would exceed 10%
Elon Musk talking during the Tesla Yearly Shareholder’s assembly in Austin, Texas on June 13th, 2024. Resource: Tesla Inc. Tesla’s hefty downsizing in 2023 has lessened its worldwide headcount to just about 121,000 people today, including temps, internal information counsel, indicating that the automaker has slashed a lot more than 14% of its workforce so […]
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China has used at least $230 billion to develop its EV business, new research finds
Personnel assemble a Wuling Hongguang Mini EV, an all-electric powered microcar produced by SAIC-GM-Wuling, at a plant of the joint automaker in Qingdao in east Chinas Shandong province Tuesday, Nov. 30, 2021. Long term Publishing | Long run Publishing | Getty Images BEIJING — China put in $230.8 billion over far more than a 10 […]
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Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study […]
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Top BofA auto analyst says Detroit automakers need to exit China as soon as possible
Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan Province, China. China Photos | Getty Images DETROIT – The traditional Detroit automakers – General Motors, Ford Motor and Stellantis – should exit the Chinese […]
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Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Fisker on Monday became the latest all-electric vehicle startup to file for […]
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Chinese official slams EU probe into EV subsidies as ‘selective’
Employees assemble new energy vehicles at an intelligent factory of electric vehicle company Leapmotor on April 8, 2024 in Jinhua, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — Europe’s probe into Chinese electric cars was overly selective to the point that the results are not credible, a Chinese official […]
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Used EV price crash keeps getting deeper with ‘premium’ brand idea history
A used 2020 Tesla Model 3 is available for sale on a CarMax lot on March 10, 2022 in Burbank, California. Mario Tama | Getty Images News | Getty Images Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper […]
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