Things are not going well at Tesla right now. The stock is down more than $100 per share year-to-date, as many as 20,000 people are set to lose their jobs, the Cybertruck keeps breaking, operating profit is expected to be down 40 percent when it’s announced later today and the $25,000 electric vehicle that Tesla … Read more
Happy Thursday! It’s March 14, 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. The Chrysler 300C Ends Production 1st Gear: Fisker Sure Seems To Be Getting Ready To File Bankruptcy Running a … Read more
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more
GM is all in on electric vehicles. Through 2025, the company plans to spend some $35 billion on bringing more EVs to market. While that plan has had a bit of a rough start, GM’s dealers are thinking about a segment GM has essentially abandoned: hybrids. New York Joins California, Banning Non-Electric Vehicles After 2035 … Read more
Happy Friday! It’s January 26, 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 Stock Keeps Falling After Warning Of Soft 2024 Growth Just yesterday, we talked about Tesla’s eight … Read more
Toyota chairman Akio Toyoda revealed a stable of his favorite cars at the 2024 Tokyo Auto Salon. As you’d expect, four of the six vehicles onstage at the car show were from Lexus or Toyota, but there was one vehicle that stood out by virtue of both its greatness and the notable fact that it … Read more
When the world shut down in early 2020, the whole idea of “driving a car” ground to a halt for a lot of people. All those hours that would’ve been spent commuting, stuck in traffic, were now spent at home nurturing sourdough starter. But while the amount Americans drive has yet to reach the heights of … Read more
The Kremlin accused the Wall Street Journal of publishing “pulp fiction” on Friday after it reported that the death of mercenary boss Yevgeny Prigozhin in a plane crash had been orchestrated by Russian security official Nikolai Patrushev. The WSJ reported that Prigozhin’s private jet was downed by a small bomb placed under a wing. Its … Read more
Good morning! It’s Tuesday, December 19, 2023, 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. The Hype Behind Tesla Stock Success In 2023 1st Gear: Nevada Tesla Factory Workers Get Pay Raise Tesla … Read more
