Tesla CEO Elon Musk said Wednesday that Chinese electric vehicle companies will “demolish” their competitors elsewhere in the world without trade barriers. “Our observation is generally that the Chinese car companies are the most competitive car companies in the world, so I think they will have significant success outside of China, depending on what kind … Read more
Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Elon Musk said Chinese electric automakers will find “significant” success outside of China, even as his firm Tesla faces intense competition from these same companies. … Read more
Tesla and SpaceX’s CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Kirsty Wigglesworth | Reuters Tesla shares fell in pre-market trade on Thursday, after the company reported earnings that missed expectations and warned of a slowdown in 2024. Shares of Tesla were around … Read more
A cheaper model of Tesla electric vehicle is coming late next year, CEO Elon Musk told investors today. If it launches on Musk’s ambitious timeline, it might arrive in time to help Tesla parry the growing might of Chinese EV makers. The “next generation” compact vehicle Musk mentioned could represent the $25,000 entry-level EV teased … Read more
Good morning! It’s Monday, January 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Electric Vehicle Stocks Are Down Bad Tesla’s stock is having a … Read more
Electrify America’s track record with EV charger reliability hasn’t been the greatest — which is to say, its chargers are very bad. They’re so bad that sometimes they’ve even been known to disable some EVs. This unreliability is unacceptable, and some experts in California think state officials should hold Electrify America responsible for its broken … Read more
Indian auto maker Tata Motors on Sunday announced price hike across models including Electric Vehicles (EVs) effective from February 1, 2024. The company is set to increase prices by 0.7 per cent (on average) across its passenger vehicles portfolio to partially offset the rise in input costs. Notably, the Tata group company had announced a … Read more
Photo: Kevin Dietsch (Getty Images) The White House announced a $325 million investment in three programs aimed at bolstering the country’s electric vehicle infrastructure. As figures indicate that charging stations will reach parity with gas stations by the end of the decade, the federal government is also ensuring that this massive network will be well-maintained. … Read more
Happy Friday! It’s January 19, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. The Chrysler 300C Ends Production 1st Gear: Ford Cuts Lightning Production, Ramps Up Bronco And Ranger EV … Read more
Volvo Car India on Monday said it has increased prices of its conventional engine vehicles by 2 per cent but has kept the prices of its electric vehicles unchanged. Following the price hike of internal combustion engine (ICE) vehicles, the XC60 is now priced at Rs 68.9 lakh, the S90 at Rs 68.25 lakh and … Read more
