Tesla Stock Falls 12%, Posting Worst Drop in Over Two Years
Wall Street resets 2023 vehicle-delivery expectations after last year’s numbers fell short. Source link
Motor Vehicles
Elon Musk’s Tesla Comes Up Short of 2022 Delivery Target as Growth Slows
BusinessElectric car maker falls short of its initial goal of increasing annual deliveries by 50% or more last year Source...
Tesla Stock Fell 65% in 2022, Its Biggest-Ever Annual Decline
Tesla Inc. closed the worst year in the stock’s history, having lost more than $700 billion in market valuation amid...
U.S. Moves to Appease Allies on EV Subsidies
BusinessAutos & TransportationAutos IndustryElectric vehicles assembled outside North America could qualify for subsidies if purchased for lease by businesses Source...
Tax credit confusion could create a rush for electric vehicles in early 2023 | CNN Business
CNN — As the new year begins, a number of popular electric vehicles, specifically some Tesla and General Motors models,...
With New EVs Arriving, Brand Loyalty Goes Out the Window
As more car makers roll out electric vehicles, they are discovering that early customers are far more apt to try...
Tesla Shares Head for Worst Year Ever as Elon Musk Focuses on Twitter
Listen to article(2 minutes)Tesla Inc. is on pace for its worst annual stock performance on record as investors bristle at...
Are You ‘Extremely Hardcore’ or Not? How Elon Musk Is Dividing Silicon Valley’s Elite
Elon Musk has sometimes seemed like the person Silicon Valley would create if venture-funded engineers figured out how to build...
Elon Musk’s Finances Complicated by Declining Wealth, Twitter Pressures
The billionaire’s borrowing power has shrunk as shares in Tesla have sharply declined. Source link
Elon Musk Says He Will Pause Selling Tesla Shares
BusinessThe Tesla CEO says a share buyback would depend on the severity of any recession Source link
Tesla Doubles Discounts on Model 3, Model Y Vehicles
The move has fueled concern that demand for the electric vehicles may be softening. Tesla’s shares are down about 9%...
Elon Musk’s Twitter Poll Shows Users Want Him to Step Down as CEO
The poll showed that 57.5% of respondents want him to leave as head of the social-media platform, bringing it fresh...
Toyota Chief Says ‘Silent Majority’ Has Doubts About Pursuing Only EVs
BusinessAutos & TransportationAutos IndustryAkio Toyoda says electric vehicles are one option alongside hybrids and hydrogen-powered cars Source link
Drinkers falling asleep in the road are dying in traffic accidents, Tokyo police warn | CNN
Tokyo CNN — Police in Japan’s capital are urging people to moderate their alcohol consumption this holiday season following an...
Lamborghini Looks to the Past as It Plans an EV Future
Luxury car makers are looking for ways to build a bridge between the old world of traditional automotive luxury and...
Chrysler Parent Stellantis to Stop Operations at Jeep Cherokee Factory
The car maker said it would idle the 1,350-employee assembly plant in February, resulting in “indefinite layoffs.” Source link
Workers at GM-LG Battery Plant in Ohio Vote to Unionize
BusinessAutos & TransportationAutos IndustryResult a win for UAW, which plans campaigns at slew of U.S. battery factories slated to open...
Prices on Lithium Deals Start to Move With the Times
Fixed-price contracts are falling out of favor for the mineral as producers and consumers embrace deals that more readily reflect...
Tesla Delivers Semi Trucks to PepsiCo, Expanding Beyond Passenger Vehicles
Elon Musk introduced the semitrailer truck five years ago and it was initially due out in 2019. Source link
Foxconn Hires Chip Veteran in Diversification Drive
Foxconn Technology hired Chiang Shang-yi, a veteran with decades of experience at some of the world’s biggest chip makers, to...
