General Motors does not expect to build as many electric cars as initially planned this year. On Tuesday, CFO Paul Jacobson announced GM aims to build 200K to 250K EVs in 2024, down from its previous target of 200K to 300K, citing slower-than-expected EV demand in the US. At the Deutsche Bank Global Auto Industry… Continue reading GM expects lower 2024 EV sales after killing its most popular model
Author: Electrek Newsfeed
Elon’s hole, Tesla jobs, GM excuses, and QMerit home solutions | Quick Charge
Elon Musk’s Boring Company shows off its new hole at Giga Texas, Tesla is hiring again, Germany is number 2, GM won’t be number 1, and QMerit has a holistic solution to electrify your home. All this and more on today’s exciting episode of Quick Charge! Source Links Prefer listening to podcasts? Audio-only versions of… Continue reading Elon’s hole, Tesla jobs, GM excuses, and QMerit home solutions | Quick Charge
Cybertruck sales in May boosted Tesla’s 2024 ATPs by more than 10%
Photo: Tesla Tesla prices, which bottomed out in late 2023, are estimated to have increased by 3.1% month-over-month to $57,369 in May, reports Kelley Blue Book. Electric vehicle prices were higher year-over-year by 1.5%. Since January, when Tesla’s average transaction prices (ATPs) stood at $51,892, its ATP has increased by more than 10%, thanks to… Continue reading Cybertruck sales in May boosted Tesla’s 2024 ATPs by more than 10%
‘Stand up Tesla’: UAW uses layoffs to make unionization progress at Tesla
The United Auto Worker (UAW), a powerful auto worker union in the US, is using Tesla’s recent layoffs to make unionization progress at the automaker. The UAW unsuccessful pushed to unionize workers at Tesla’s Fremont factory and other locations. Amid that last push in 2017-2019, Tesla fought back the effort with what the union considered… Continue reading ‘Stand up Tesla’: UAW uses layoffs to make unionization progress at Tesla
Tesla restarts hiring beyond AI and robotics in a big way
Tesla has fully restarted its hiring effort beyond AI and robotics in a big way after a hiring freeze amid several waves of layoffs throughout the entire organization. As we previously reported, Elon Musk came into Tesla like a wrecking ball earlier this quarter and fired an estimated 15-20% of Tesla’s staff. Sources said Musk… Continue reading Tesla restarts hiring beyond AI and robotics in a big way
Elon leaks the vote, Fred’s CT review, EV price parity, and Scooter takes flight
On today’s show, we talk about Elon Musk and leaks surrounding his $56 billion comp package, 48V architecture, Fred’s Cybertruck review, EV price parity, Nissan LEAF deals (that may or may not be a good thing), and Scooter’s Florida Fliteboard adventure. All this and more, on today’s episode of Quick Charge! Source Links Listen to… Continue reading Elon leaks the vote, Fred’s CT review, EV price parity, and Scooter takes flight
Tesla’s DMV self-driving false advertising case must go to court, CA judge rules
A case in California court over whether Tesla deceived customers with its statements about full self-driving technology will go forward, bucking Tesla’s attempts to get the case to be thrown out before trial, a California judge ruled today. The California Department of Motor Vehicles (DMV) started investigating Tesla for misleading FSD ads in 2021. As… Continue reading Tesla’s DMV self-driving false advertising case must go to court, CA judge rules
Elon Musk leaks results from Tesla’s shareholder vote as messy week begins
Elon Musk has leaked some of the results from Tesla’s shareholders vote as a messy week begins for the shareholders of the electric car company. Tesla is holding its annual shareholder meeting on Thursday, June 13. During the meeting, Tesla will release the results of the shareholders’ votes regarding several proposals, including the highly publicized… Continue reading Elon Musk leaks results from Tesla’s shareholder vote as messy week begins
Tesla Cybertruck review: incredible tech packaged in the weirdest way
I got my hands on a Tesla Cybertruck for a week. Being from Canada, I haven’t had the opportunity to test the electric pickup truck until now. So, for those who care, here’s my Tesla Cybertruck review: I rented the Cybertruck on Turo and I had about a week to drive it around Washington for… Continue reading Tesla Cybertruck review: incredible tech packaged in the weirdest way
Nissan offers Chevy Bolt EV drivers a deal to buy a new LEAF
If you drive a Chevy Bolt EV or EUV model, Nissan wants you to buy (or lease) a new LEAF. Nissan is enticing Bolt EV drivers with a new incentive with the purchase or lease of a LEAF. Nissan targets Bolt EV drivers with new LEAF offer Starting at $28,140, the 2024 Nissan LEAF is… Continue reading Nissan offers Chevy Bolt EV drivers a deal to buy a new LEAF