Tesla has been spotted testing its Cybercab robotaxi on roads at Gigafactory Texas, which is interesting as Tesla is limited on where it can test the steering-wheel-less vehicle. When Tesla unveiled the Cybercab last month, it did it at the Warners Bros studio lot, and it did so for a good reason. Tesla wanted to… Continue reading Tesla spotted testing Cybercab robotaxi on Giga Texas roads
Author: Electrek Newsfeed
765 hp AUDI E ditches the four rings, keeps the sexy wagon aesthetic
Static photo, Colour: Morning Haze Audi is embracing its future in China with the launch of a new Chinese market electric sub-brand called AUDI that ditches the iconic “four rings” logo in favor of four capital letters – but one thing it hasn’t ditched is AUDI Audi’s sexy teutonic long-roof design language. As you might… Continue reading 765 hp AUDI E ditches the four rings, keeps the sexy wagon aesthetic
GM is retiring another gas-powered model to make room for the next-gen Chevy Bolt EV
GM is retiring another gas-powered car at its Kansas plant to clear room for the next-gen Chevy Bolt EV. The facility will soon house a new “family of Bolt models” as GM brings back the popular, low-cost EV. GM is retiring the gas-powered Cadillac XT4 GM announced it will retire the gas-powered Cadillac XT4 SUV… Continue reading GM is retiring another gas-powered model to make room for the next-gen Chevy Bolt EV
It’s brutal out there: Audi to slash 4,500 jobs
Audi Q8 e-tron production at Brussels plant (Source: Audi AG) Following the news of sweeping cuts at Volkswagen, Nissan, and Stellantis, now VW-owned Audi announced plans to slash its workforce by 15%, with thousands of jobs on the chopping block. After sweeping layoffs at Volkswagen numbering in the tens of thousands, other jobs within the… Continue reading It’s brutal out there: Audi to slash 4,500 jobs
Tesla (TSLA) valuation surges to equal next 10 biggest automakers over Trump/Musk relationship
Tesla’s stock (TSLA) has surged to a $1 trillion valuation – seemingly over the assumption that the Trump and Musk relationship is going to benefit the automaker. The company is virtually worth more than the next 10 biggest automakers combined. Tesla has extended its post-election rally another 7% this morning – resulting in its valuation… Continue reading Tesla (TSLA) valuation surges to equal next 10 biggest automakers over Trump/Musk relationship
Tesla launches Cybertruck leases stating at $999 to boost demand
Tesla has launched Cybertruck leases starting at $999 a month to boost demand for its electric pickup truck. As we reported earlier this week, Tesla appears to have been running out of its backlog of Cybertruck reservation holders in the US based on the fact that people without reservations can order one and get it… Continue reading Tesla launches Cybertruck leases stating at $999 to boost demand
Nissan cuts 9,000 jobs and goes into ’emergency’ mode
Nissan is in full-scale emergency mode to save itself: the automaker is cutting 9,000 jobs, slashing production capacity, and selling off its stake in Mitsubishi Motors. The CEO is also reducing his own salary by half. CEO Makoto Uchida – who took the job amid the epic Carlos Ghosn disaster – today unveiled a “sweeping”… Continue reading Nissan cuts 9,000 jobs and goes into ’emergency’ mode
Volvo EV owners can now charge at Tesla Superchargers
Photo: Volvo Car USA Volvo Cars is opening access to Tesla Superchargers in the US and Canada for its EVs, including its new EX90 flagship SUV. Charging at Tesla Superchargers and other North American Charging Standard (NACS) chargers will be enabled by an adapter included with the purchase of a new Volvo EX90 flagship SUV,… Continue reading Volvo EV owners can now charge at Tesla Superchargers
Mexico wants to know if Tesla still plans to build its Gigafactory there after Trump’s win
Mexico wants to ask Elon Musk if Tesla still plans to build its ‘Gigafactory Mexico’ now that Trump has won the elections. After months of speculations, Tesla officially announced Gigafactory Mexico back in March 2023. At the time, Tesla talked about moving fast and building the plant in about a year, like it did in Shanghai. However,… Continue reading Mexico wants to know if Tesla still plans to build its Gigafactory there after Trump’s win
Rivian and Lucid shares take a dive while Tesla soars
What’s the Trump effect on the EV market? Depends: Smaller players like Rivian and Lucid are potentially at risk, while Tesla has the scale, profitability, and Trump connection to make it work, despite major shifts that are sure to come. Here’s the scoop on how a second Trump term may play out among automakers: Yesterday’s… Continue reading Rivian and Lucid shares take a dive while Tesla soars