Tesla Stock Down 40 Percent Over Last Year, Wiping Away $312 Billion In Market Cap

Tesla Stock Down 40 Percent Over Last Year, Wiping Away 2 Billion In Market Cap

Good morning! It’s Friday, April 19, 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. 1st Gear: Tesla’s Stock Is In Freefall It has been an absolutely dismal year for Tesla’s stock price … Read more

Tesla Cybertruck Gets A Recall For Pedals That Get Cyberstuck

Tesla Cybertruck Gets A Recall For Pedals That Get Cyberstuck

The Tesla Cybertruck, a truck so rugged it can only be defeated by a car wash, was reportedly hit with a stop-sale recently because problems with its accelerator kept causing unintended acceleration issues. Don’t worry, though, just because a Cybertruck could attack at any time doesn’t mean it necessarily will. Also, TechCrunch reports that Tesla … Read more

Tesla Cybertruck Slippery Pedal Recall Caused By Soap

Tesla Cybertruck Slippery Pedal Recall Caused By Soap

Image: Tesla Tesla issued a recall for every single Cybertruck built thus far, as well as a stop-sale that lasted nearly a week, and it’s something that can’t be solved with an over-the-air update. Apparently assembly line workers used slippery soap to get the truck’s throttle pedal pad onto the pedal, and leftover soap was … Read more

Environmentally Friendly Tesla Is Trying To Skirt Austin Pollution Laws

Environmentally Friendly Tesla Is Trying To Skirt Austin Pollution Laws

Tesla very much wants you to think that it is the cleaner alternative to those dirty, polluting gas cars. When you bought a Model S, you were helping save the planet, they said. However, Tesla hasn’t always done the best job complying with local environmental regulations, and according to the Houston Chronicle, it’s using a … Read more

EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

Electric vehicles are seeing huge discounts right now, but those new lower prices are still not enough to get folks to, y’know, buy them. Now, an ever-more-bloated EV inventory is pushing automakers and dealers to slash prices even further. Five-figure price discounts are no longer out of the question. Even EVs Can’t Get A Break … Read more

Tesla Cybertruck No Match For Car Wash

Tesla Cybertruck No Match For Car Wash

Image: Bradley Brownell After just a couple of months and a few thousand miles of ownership, Tik Tok user @captian.ad’s Tesla Cybertruck was effectively a several-thousand-pound paperweight for several hours. After taking his truck to the beach and stopping off at a car wash to clean it up, he parked the truck in his garage, … Read more

Tesla Investors Pissed At Elon Musk For Vague Model 2 Stance

Tesla Investors Pissed At Elon Musk For Vague Model 2 Stance

Elon Musk is good at two things: having a lot of kids and pissing people off. Now, the Tesla CEO is angering his investors after he sent out an extremely vague social media post following a report from Reuters that the planned $25,000 Tesla is dead. He basically accused the outlet of “lying” on his social … Read more

Tesla Laid Off A Bunch Of Employees And Forced Security To Sort It Out At The Door

Tesla Laid Off A Bunch Of Employees And Forced Security To Sort It Out At The Door

Tesla may have told its staff it was laying off over 10 percent of its workforce over the weekend, but apparently, not everyone got the memo. Some workers didn’t realize they were laid off until they showed up at the automaker’s facilities and found their key cards didn’t work anymore. The Hype Behind Tesla Stock … Read more

Tesla Is Getting Rid Of Tons Of Sales Staff

Tesla Is Getting Rid Of Tons Of Sales Staff

Happy Tuesday! It’s April 16, 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. Even EVs Can’t Get A Break From The Heat 1st Gear: Tesla Layoffs Include Tons Of Salespeople Yesterday, Tesla … Read more

Rivian Figured Out How To Make Charging Suck Less

Rivian Figured Out How To Make Charging Suck Less

Charging in the U.S. sucks. It’s getting better thanks to some massive new investments, but it’s still incredibly common to show up at a charge site and find the only available charger is broken. The Tesla Supercharger network is currently the best in the business, which helps explain why every automaker decided to switch to … Read more