Toyota will not make electric SUVs in the US starting next year as planned. According to a new report, Toyota is delaying production of new electric SUVs in the US by several months. The company is blaming the holdup on slowing EV sales in the US, but are they really? Why is Toyota delaying US-made… Continue reading Toyota is delaying new US-made electric SUVs, but there’s more to it
Author: Electrek Newsfeed
America’s cheapest EV defies the odds as Nissan LEAF sales make US comeback
Nissan’s LEAF was once the world’s best-selling EV, but it’s lost some ground over the years as new, more advanced models hit the market. Although Nissan plans to launch an upgraded LEAF next year, America’s cheapest EV saw sales surge 187% in the third quarter. “When we launched LEAF in 2010, it instantly became the… Continue reading America’s cheapest EV defies the odds as Nissan LEAF sales make US comeback
Tesla (TSLA) is looking to raise almost $800 million from debt sale backed by auto leases
Tesla (TSLA) is reportedly looking to raise almost $800 million from a debt sale backed by its auto leases. Bloomberg reported the move, which Tesla is reportedly premarketing the debt sale to the market right now: The deal, being run by Societe Generale, would be the electric-vehicle maker’s second transaction of the year and is… Continue reading Tesla (TSLA) is looking to raise almost $800 million from debt sale backed by auto leases
Tesla loses its long-time Chief Information Officer
Tesla is losing its long-time Chief Information Officer, Nagesh Saldi, according to a new report. He is one of many top Tesla executives who left or have been let go this year. Back in 2018, Electrek exclusively reported that Tesla let go of its Chief Information Officer (CIO), Gary Clark, as part of a major… Continue reading Tesla loses its long-time Chief Information Officer
Tesla fans start rumor McDonald’s is going to partner with Tesla’s Cybercab
Tesla fans are starting a rumor that McDonald’s is going to partner with Tesla on its Robotaxi/Cybercab based on a cryptic message the fast-food chain posted. This is the post that started the speculation: The date is what triggered speculation from Tesla fans since the automaker is planning to unveil its Robotaxi at an event… Continue reading Tesla fans start rumor McDonald’s is going to partner with Tesla’s Cybercab
Ford officially overthrown by GM in Q3 electric vehicle sales in the US
Ford said it remains the second best-selling EV brand in the US behind Tesla, but is it really? Ford was topped by GM in Q3 electric vehicle sales as the race intensifies into the end of the year. Ford topped by GM in Q3 electric vehicle sales in the US On Monday, GM announced that… Continue reading Ford officially overthrown by GM in Q3 electric vehicle sales in the US
Elon Musk celebrates winning lawsuit over Tesla self-driving claims with embarrassing defense
Elon Musk is celebrating winning a lawsuit over his misleading claims regarding Tesla’s self-driving program. However, before celebrating, he should take a closer look at the defense his lawyers took: puffery. By definition, “puffery” refers to exaggerated or false praise. It’s also a legal defense used by defendants in cases of false advertising or misleading statements.… Continue reading Elon Musk celebrates winning lawsuit over Tesla self-driving claims with embarrassing defense
Tesla cancels its cheapest electric car
Photo: Tesla Tesla has discontinued its cheapest electric car model: the Model 3 Standard Range Rear-Wheel-Drive. Last night, Tesla updated its online Model 3 configurator. While we were focused on Tesla’s delivery numbers this morning, we didn’t even realize that the Model 3 Standard Range was gone from the automaker’s online configurator: At $39,000, it… Continue reading Tesla cancels its cheapest electric car
Tesla (TSLA) releases Q3 deliveries: just shy of expectations
Tesla (TSLA) has released its official deliveries and production results for the third quarter of 2024. The automaker confirmed that it delivered just short of 463,000 vehicles, which was Wall Street’s expectations. Tesla Q3 2024 Expectations After two quarters in a row with deliveries being down year-over-year, a first for Tesla in almost a decade,… Continue reading Tesla (TSLA) releases Q3 deliveries: just shy of expectations
GM nears double-digit EV market share in the US after Q3 sales surged
GM is eyeing double-digit market share in the US EV market after sales surged 60% in Q3 compared to last year. With new models like the Chevy Blazer, Equinox, and Silverado EVs rolling out nationwide, GM looks to top rival Ford by the end of 2024. With GM’s “EV for everyone” strategy finally unfolding, electric… Continue reading GM nears double-digit EV market share in the US after Q3 sales surged