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I wish I had more to offer

Nothing here but dreams

Author: CNBC Online news

Workhorse Group shares fall sharply after company cuts 2022 electric vehicle delivery guidance

Workhorse cut its deliveries estimate for the full year, blaming supply-chain issues. But the company said it’s still on track for longer-term milestones. Go to Source

Published August 9, 2022
Categorized as Automotive, News Site, US Motoring Press

Baidu’s robotaxis don’t need any human staff in these parts of China

Baidu announced Monday it became the first robotaxi operator in China to obtain permits for selling rides with no human staff inside the cars. Go to Source

Published August 8, 2022
Categorized as Automotive, News Site, US Motoring Press

Elon Musk challenges Twitter CEO Parag Agrawal to a debate on bots

Elon Musk took shots at Twitter on Saturday, and dared CEO Parag Agrawal to debate him in the midst of a legal battle over a $44 billion acquisition gone awry. Go to Source

Published August 6, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged M and A, Tesla

California DMV accuses Tesla of deceptive practices in marketing Autopilot and Full Self-Driving options

Elon Musk’s electric car business risks more than its reputation — the company could temporarily lose the licenses which allow it to operate in California. Go to Source

Published August 6, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

Elon Musk predicts mild 18-month recession, teases possible share buybacks

At the 2022 Tesla shareholders meeting, CEO Elon Musk suggested that peak inflation is past, pointing to prices it’s paying for commodities. Go to Source

Published August 5, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

Lordstown Motors expects limited production and deliveries of electric pickup in 2022

Lordstown said production of its Endurance electric pickup will be slow and largely reliant on capital availability. Go to Source

Published August 4, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Manufacturing, Production/Sales News

Nikola’s revenue tops expectations on delivery of 48 electric trucks

Nikola’s second-quarter revenue beat Wall Street’s expectations as it shipped 48 trucks and confirmed its full-year guidance Go to Source

Published August 4, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Financial Results

Hyundai to export heavy-duty hydrogen electric trucks to Germany

The hydrogen electric trucks sent to Germany will bolster the XCIENT Fuel Cell’s presence in Europe. Go to Source

Published August 4, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Hyundai

Fisker on track to start production of its electric Ocean SUV this year, now has 56,000 reservations

Fisker’s second-quarter loss was narrower than expected as it confirmed that production of the Ocean is still on track and reservations are rising Go to Source

Published August 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Financial Results, Manufacturing, Production/Sales News

EV maker Lucid again cuts production targets as logistics challenges cripple output

Supply chain and logistics challenges mean demand for Lucid’s EVs far outpaces its output. Go to Source

Published August 3, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Manufacturing, Production/Sales News

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