Tesla’s Friday Gains Avert Five Consecutive Weeks Of Losses
Tesla soared at the end of last week, rising .5.5% on Friday to end the week in the green, and breaking the longest losing streak it has seen in two…
IEA Says Electric Car Sales Skyrocketing
The International Energy Agency reported this week that as sales of electric vehicles skyrocketed to record levels last year, China dominated the picture. Globally, sales of battery electric cars and…
German Carmaker Says No To China Decoupling
On Sunday, the CEO of luxury carmaker Mercedes Benz stated that if Germany were to cut economic ties with China, it would endanger most German industries. The comments were made…
Tesla’s Base Model Y Now Less Expensive Than The Typical New Vehicle In The US
Buyers looking to purchase a new Tesla Model Y will now find that Tesla is charging less for the cheapest version of the Model Y SUV than a typical new…
Tesla Hit With Lawsuit Over Camera Privacy Intrusions
Tesla (TSLA) was sued on Friday by a California customer in a potential class-action lawsuit alleging the electric carmaker has intruded on the privacy of its customers using the technology…
Tesla Slashes Prices Yet Again
Tesla Motors (TSLA) has once again cut the prices of its vehicles, according to its website on Thursday, doubling down on a strategy to spur demand, as the threat of…
Tesla Beats Estimates On Deliveries And Production
On Sunday, Tesla (TSLA) beat estimates on first quarter delivery and production numbers, giving investors hope recent price cuts it implemented across the globe have spurred a second wind of…
Ford To Increase Prices Of F-150 Lightning EV Truck To Offset Cost Increases
In the latest in a series of price hikes seeking to offset high costs, on Thursday Ford Motor Company yet again raised the prices on some models of its new…
Ford Losing Billions On Electric Vehicles
Jim Farley, CEO of Ford Motor Company (F) said Tesla investors should know, their large profit margins will not last forever, as more EV makers hit the market to give…
EU Automaker Endures $740 Million Hit To Exit Russia
Klaus Zellmer, the CEO of Skoda Auto, a Czechoslovakian unit of Germany’s Volkswagen, announced his company is close to closing a deal to finalize its exit from Russia and sell…
