News

Mercedes-Benz will lean on ICE sales to bolster earnings as ‘brutal’ EV sector squeezes margins

Mercedes-Benz is leaning on the sales of its internal combustion engine vehicles to bolster its earnings reports as "a pretty…

Tesla not to be scrutinized in EU electric vehicle probe

Tesla is not going to be scrutinized in a probe from the European Union that will investigate potential subsidy manipulation…

Tesla investment hope not yet abandoned by Indonesian President

Tesla is still in talks with Indonesia regarding a potential investment, the country's President Joko Widodo said. Tesla has been…

Ford to postpone ~$12 billion in EV investment

Ford Motor Co. is postponing about $12 billion in planned spending on new electric vehicle manufacturing capacity in North America.…

Volkswagen EV deliveries increase by 45% since January 2023

Volkswagen recently published its third quarter sales volumes and revenues and reported that its electric vehicle (EV) deliveries have increased…

Tesla gets strike notice from IF Metall in Sweden

Tesla might get a strike notice from Swedish company IF Metall if the EV automaker doesn't sign a collective agreement.…

Tesla Model Y sees minor price adjustments in the US and China

Tesla has implemented a minor price increase for the Model Y Long Range. In the United States, the mid-tier Model…

Tesla launches Stealth Grey for Model S/X

Tesla has launched a new color for the Model S and Model X, and they are calling it "Stealth Grey."…

Tesla begins Model 3+ ‘Highland’ deliveries in the Netherlands

Tesla has launched Model 3+ "Highland" deliveries in another European country, as drivers in the Netherlands have confirmed they have…

GM delays opening of Ultium Cell plant in Tennessee

General Motors has delayed the opening of its Ultium Cell production plant in Tennessee due to construction delays. The automaker…

Tesla price cuts hinder Hertz earnings as it misses profit estimates

Tesla's price cuts throughout the third quarter provided challenges for rental company Hertz (NASDAQ: HTZ), who adopted the electric automaker's…

Tesla sells $100M in Superchargers to bp

Tesla has sold $100M in Supercharger hardware units to oil giant bp, the company announced this morning, as it attempts…

The Tesla Cybertruck will be rolling out in a politically divided US auto sector

Tesla's highly-anticipated launch of the Cybertruck on November 30 will likely prove to be a test of the company's ability…

Tesla Model Y becomes Europe’s top-selling car in September

The Tesla Model Y may not be as quick as the Model S and Model X or as nimble around…

Tesla hacker finds references to special seats for new Model 3 Performance

Recent observations from a prolific Tesla hacker have suggested that the new Model 3 Performance would feature different seats compared…

Tesla China starts customer deliveries of upgraded Model 3 Highland

The drought of domestic Tesla Model 3 deliveries in China is over. As per a recent announcement from the electric…

Ford offers 25% wage increase in new UAW deal

Ford and the United Auto Workers (UAW) Union announced a new tentative agreement, offering a 25% wage increase. The agreement…

Tesla debuts on Fortune’s 100 Fastest-Growing Companies list

Tesla made its debut on Fortune's 100 fastest-growing companies in 2023. The Texas-based automaker was No. 2 on the list,…

SpaceX Starlink internet available on luxury cruise line

SpaceX Starlink internet is available on luxury cruise line Regent Seven Seas Cruises. Starlink connection was installed on board Seven Seas…

Stellantis invests in Chinese automaker to expand global EV sales

Stellantis invested in Chinese automaker Leapmotor to expand global electric vehicle (EV) sales. Leapmotor claims to be a technology-driven intelligent…