Acura has yet to release its first fully electric vehicle, but that isn’t stopping the company from strategizing how it will compete with EV leader Tesla. Acura will sell EVs 100% online to take on Tesla Honda, the parent company of Acura, has been slow to introduce fully electric technology thus far. However, the automaker’s… Continue reading Acura takes a page from Tesla’s playbook with selling EVs online, starting with the 2024 ZDX EV
Author: Electrek Newsfeed
Tesla pledges to cut costs amid ‘uncertain’ time
With the release of its Q4 2022 earnings today, Tesla is making it clear to shareholders that it plans to keep cutting the cost of its electric vehicles to withstand “uncertain” times. If there were a theme to Tesla’s Q4 2022 shareholder letter published today, it would be cost-cutting. Tesla started out by writing: As… Continue reading Tesla pledges to cut costs amid ‘uncertain’ time
Tesla (TSLA) used car prices are down $18,000, bringing a new level of affordability
Tesla (TSLA) used car prices have crashed $18,000 since their peak six months ago, bringing a new level of affordability to the electric car brand. Most car buyers can’t afford a new car and turn to the used car market, which is a critical part of the auto industry. When it comes to electrification, we… Continue reading Tesla (TSLA) used car prices are down $18,000, bringing a new level of affordability
Ford snags CR crown from GM in driver assistance rankings, Tesla ‘falls behind’ to 7th
Consumer Reports has released its latest rankings comparing the active driving assistance systems (ADAS) of EV automakers like Ford, GM, Rivian, and of course Tesla. The independent, non-profit consumer organization tested 12 different ADA systems broken down into five distinct categories in which it determined that Ford’s BlueCruise technology is the current industry leader, usurping… Continue reading Ford snags CR crown from GM in driver assistance rankings, Tesla ‘falls behind’ to 7th
Tesla announces $3.6b Semi, 4680 battery factories in Nevada but questions abound
Tesla has officially announced its expected new battery and Semi factories in Northern Nevada, along with $3.6 billion in investment to make them happen. But are these actually new factories, or simply the completion of Gigafactory Nevada to its originally planned size? Earlier today we reported on the Nevada Governor hinting at plans for Tesla’s… Continue reading Tesla announces $3.6b Semi, 4680 battery factories in Nevada but questions abound
Honda overhauls business operations to rapidly accelerate EV deployment
Honda is overhauling its business as it looks to spark growth and catch up in the rapidly expanding EV market. The automaker said Tuesday it would establish a new division and consolidate operations to accelerate EV deployment. Honda aligning its business to jump-start EV rollout Japanese automakers are quickly falling behind as the industry progresses… Continue reading Honda overhauls business operations to rapidly accelerate EV deployment
Tesla (TSLA) Q4 and full year 2022 preview: Here’s what to expect
Tesla (TSLA) is about to release Q4 2022 and full-year 2022 financial results on Wednesday, January 25, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results. Here we’ll take a look at what both the street and retail investors are expecting for the quarterly results.… Continue reading Tesla (TSLA) Q4 and full year 2022 preview: Here’s what to expect
After huge cuts, Tesla raises Model Y price… but not by much
Tesla has increased prices on new Model Ys, in a slight reversal after drastic cuts just two weeks ago. The changes went live on Tesla’s website tonight, and only seem to affect the Model Y, Tesla’s most popular vehicle. However, in contrast to the massive price cuts of up to $13K, the Model Y has… Continue reading After huge cuts, Tesla raises Model Y price… but not by much
Nissan is exploring a mid-size electric pickup truck similar to the Frontier
Nissan is exploring a mid-size electric pickup for US buyers that could look a lot like its current Frontier model. Nissan may bring a Frontier-like electric pickup to the US Although Nissan jumped out to an early start with electric vehicles, releasing the Leaf back in 2011, the company has watched its lead slip after… Continue reading Nissan is exploring a mid-size electric pickup truck similar to the Frontier
Tesla makes a massive investment in service in California
Tesla is making a massive investment in vehicle service in California with a significant hiring ramp as demand rises following price cuts. After a short hiring freeze in many departments, Tesla is picking up its hiring efforts again, and it posted a flurry of new jobs in service in California today. Electrek spotted that Tesla… Continue reading Tesla makes a massive investment in service in California