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Ford says it has a ‘Skunk Works’ team trying to make lower-cost EVs: Ford says it has a top-secret, high-powered team working to design its future electric ...
cnn.com/2024/02/09/cars/ford-skunk-works-designing-a-cheap-ev/
Ford says it has a ‘Skunk Works’ team trying to make lower-cost EVs
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Profile picture of CNN.com
Ford says it has a ‘Skunk Works’ team trying to make lower-cost EVs: Ford says it has a top-secret, high-powered team working to design its future electric ...
cnn.com/2024/02/09/cars/ford-skunk-works-designing-a-cheap-ev/
Ford says it has a ‘Skunk Works’ team trying to make lower-cost EVs
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ADAC: Electric cars continue to be discounted - AUTO BILD: Since the end of 2023, government funding for electric cars has been a thing of the past ...
autobild.de/artikel/adac-e-autos-weiterhin-verguenstigt-25854759.html
ADAC: Electric cars continue to be discounted - AUTO BILD
Profile picture of Insider (news website)
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week
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Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
Tesla axed its entire marketing team—here’s why that matters
Profile picture of Bloomberg
Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet: Hertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected as it ...
bloomberg.com/news/articles/2024-04-25/hertz-reports-392-million-loss-as-it-unwinds-tesla-fleet-burden
Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet
Profile picture of The Diplomat
China Launches New 3-member Crew to Its Space Station: This year, the Chinese station is slated for two cargo spacecraft missions and two manned spaceflight ...
thediplomat.com/2024/04/china-launches-new-3-member-crew-to-its-space-station/
China Launches New 3-member Crew to Its Space Station
Profile picture of WION
China developing super fast, stealth submarines? : Chinese scientists claim they are developing a sci-fi technology that will help Chinese submarines travel at ...
wionews.com/videos/china-developing-super-fast-stealth-submarines-714004
China developing super fast, stealth submarines?
Profile picture of Car and Driver
Ford Lost $130,000 on Every EV It Sold in the First Quarter: The Blue Oval reported an 84 percent drop in revenue, in part because of big losses in its Model e ...
caranddriver.com/news/a60621256/ford-ev-revenue-losses-q1-2024/
Ford Lost $130,000 on Every EV It Sold in the First Quarter
Profile picture of Insider (news website)
Asana CEO accuses Tesla of being the next 'Enron': Asana founder Dustin Moskovitz called Tesla the next "Enron" and speculated that people "are going to jail at ...
businessinsider.com/asana-ceo-dustin-moskovitz-tesla-accusations-enron-sec-2024-4
Asana CEO accuses Tesla of being the next 'Enron'
Profile picture of The Sydney Morning Herald
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla’s profits are being sunk by a tide of electric cars
Profile picture of Bloomberg
Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
Chinese Stocks Draw Record $3 Billion Influx by Global Funds
Profile picture of Insider (news website)
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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Taiwan reports Chinese military activity after Blinken leaves Beijing: Taiwan reported renewed Chinese military activity near the island on Saturday with 12 ...
reuters.com/world/asia-pacific/taiwan-reports-chinese-military-activity-after-blinken-leaves-beijing-2024-04-27/
Taiwan reports Chinese military activity after Blinken leaves Beijing
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China's ByteDance denies plans to sell TikTok in US: Earlier reports had suggested ByteDance planned to sell the app, without its powerful algorithm ...
dw.com/en/chinas-bytedance-denies-plans-to-sell-tiktok-in-us/a-68926751
China's ByteDance denies plans to sell TikTok in US
Profile picture of Bloomberg
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion: The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore ...
bloomberg.com/news/articles/2024-04-24/chinese-metal-tycoon-s-heir-buys-62-million-singapore-mansion
Chinese Metal Tycoon’s Heir Buys $62 Million Singapore Mansion
Profile picture of Quartz
More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
More than 1 in 5 cars sold on Earth this year will be electric
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
  • Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).

  • The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.

  • The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
Profile picture of Nikkei Asia
Beijing auto show welcomes world as China's carmakers aim to conquer it: HONG KONG -- Beijing's premier automobile exhibition is back after a four-year ...
asia.nikkei.com/Business/Automobiles/Beijing-auto-show-welcomes-world-as-China-s-carmakers-aim-to-conquer-it
Beijing auto show welcomes world as China's carmakers aim to conquer it
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Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
Toyota teams up with Tencent for drive into China's EV market
Quick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
  • Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.

  • Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.

  • Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.

  • Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
Profile picture of Insider (news website)
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Profile picture of The Washington Post
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.
Profile picture of Bloomberg
Tesla’s Most Crucial Metric Drops to the Lowest in Three Years: The metric Tesla Inc. told investors early last year was most important to its executives is in ...
bloomberg.com/news/articles/2024-04-26/tesla-s-most-crucial-metric-drops-to-the-lowest-in-three-years
Tesla’s Most Crucial Metric Drops to the Lowest in Three Years
Profile picture of The Atlantic
Tesla Is Not the Next Ford. It’s the Next Con Ed.: Elon Musk’s EV empire is crumbling.
theatlantic.com/technology/archive/2024/04/tesla-cars-batteries-power-company/678168/
Tesla Is Not the Next Ford. It’s the Next Con Ed.
Profile picture of Insider (news website)
Tesla's Cybertruck needs a hole drilled through the accelerator pedal: A user posted a 35-second video on X of him fixing the gas pedal issue that caused a ...
businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04
Tesla's Cybertruck needs a hole drilled through the accelerator pedal
Profile picture of NBC News
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
Profile picture of Nikkei Asia
Chinese automakers show off AI-powered 'smartphones on wheels': BEIJING -- XPeng, Geely and other Chinese automakers are showing off innovative new ...
asia.nikkei.com/Business/Automobiles/Chinese-automakers-show-off-AI-powered-smartphones-on-wheels
Chinese automakers show off AI-powered 'smartphones on wheels'
Profile picture of Electrek
Tesla has lowest maintenance and repair cost of any brand: Tesla has the lowest maintenance and repair cost of any brand, according to a new study by Consumer ...
electrek.co/2024/04/22/tesla-lowest-maintenance-repair-cost-any-brand/
Tesla has lowest maintenance and repair cost of any brand
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Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...
reuters.com/business/autos-transportation/chinese-ev-battery-maker-catl-unveils-lfp-battery-with-1000-km-range-2024-04-25/
Chinese EV battery maker CATL unveils LFP battery with 1,000 km range
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Tesla recalls all 3,878 Cybertrucks over accelerator pedal issue - National | Globalnews.ca
trib.al/lNW0Xx7
Tesla recalls all 3,878 Cybertrucks over accelerator pedal issue - ...
Quick Glance: Tesla Cybertrucks Recall Issued
  • Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.

  • The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.

  • An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.

  • Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.