Tesla Stock Vs. BYD Stock: TSLA Dives On Demand Fears As EV Giants Vie For Crown

TheStreet.com Tesla Rival Rivian Narrowly Misses Its Bet The upstart, seen as one of Tesla’s most serious rivals, had a nightmarish year 2022. Rivian , which started producing cars in 2021, predicted that 2022 would be the year of ramp-up or mass production. The automaker encountered many problems including major disruptions related to the supply… Continue reading Tesla Stock Vs. BYD Stock: TSLA Dives On Demand Fears As EV Giants Vie For Crown

Jerry 2023 State of the American Driver Report Reveals Impact of Rising Car Expenses on Household Budgets

A Quarter of Americans Spend Over 15% of Take-Home Pay on Monthly Car Payments; Two-Thirds of Drivers Report Rising Auto Expenses Force Them to Cut Spending Elsewhere PALO ALTO, Calif., Jan. 4, 2023 /PRNewswire/ — Jerry, the superapp for car owners, today releases the findings from its 2023 State of the American Driver Report, its second-annual… Continue reading Jerry 2023 State of the American Driver Report Reveals Impact of Rising Car Expenses on Household Budgets

Why Mullen (MULN) Stock Is Shaking Off Tesla’s EV Plunge Today – InvestorPlace

Shares of Tesla (NASDAQ:TSLA) are continuing their decline lower following the release of the electric vehicle (EV) company’s fourth-quarter deliveries. During the quarter, Tesla delivered a total of 405,278 vehicles, which fell short of the average analyst estimate of 420,760 vehicles. While deliveries rose by an impressive 40% year-over-year, it’s evident investors and analysts were… Continue reading Why Mullen (MULN) Stock Is Shaking Off Tesla’s EV Plunge Today – InvestorPlace

Tesla shares continue slide with shrinking demand and logistics snags

Tesla shares continue slide with shrinking demand and logistics snags Company has lost more than 65% in value since last year, although it is still world’s most valuable automaker Tesla shares lost 65% in market value in 2022. Photograph: John Thys/AFP/Getty Images Tesla shares lost 65% in market value in 2022. Photograph: John Thys/AFP/Getty Images… Continue reading Tesla shares continue slide with shrinking demand and logistics snags

Tesla defends its impact on California as Musk alienates blue states

Tesla released a new blog post defending its impact on California and says that it now employs 47,000 people in the state. California has been critical to Tesla’s success over the last 20 years. The state has helped Tesla in its time of need and its strong climate initiatives and EV incentives have made it… Continue reading Tesla defends its impact on California as Musk alienates blue states

German Manager Magazin: Start CES 2023: VW crowns ID family with new model in Las Vegas002220

The electric ID family gets a new flagship. In the summer, VW wants to crown the model series with the ID.7. that shared Volkswagen at the premiere of a near-series study in the run-up to the CES electronics and technology trade fair (January 5 to 8) in Las Vegas. Even if the prototype still hides… Continue reading German Manager Magazin: Start CES 2023: VW crowns ID family with new model in Las Vegas002220

This is Chrysler’s vision for your future car cabin

One year ago at CES in Las Vegas, Stellantis showed the world what a Chrysler EV might look like — a transformation that will occur by 2028 when it becomes an all-electric brand. Now, we’re getting a peek at the company’s vision for future car cabins. The upshot? Chrysler, the 97-year-old brand under global automaker… Continue reading This is Chrysler’s vision for your future car cabin

Chrysler’s future car cabins will be built around partial self driving

Chrysler has yet to deliver an electric car or otherwise leap into the future, but it’s at least willing to hint at what that future will look like. The Stellantis brand is debuting a Synthesis cockpit concept at CES that previews what you can expect in next-generation electric vehicles. Most notably, the two-seat demonstrator is… Continue reading Chrysler’s future car cabins will be built around partial self driving

Inflation won’t stop 2023 auto sales growth amid chip recovery – Los Angeles Times

U.S. auto sales probably rose in December and will rebound in the new year as a recovery in vehicle production will more than offset the effects of inflation and rising interest rates. Two years of semiconductor shortages and supply problems have kept vehicle production low and inventories lean. With factories picking up pace again, consumers… Continue reading Inflation won’t stop 2023 auto sales growth amid chip recovery – Los Angeles Times

More U.S. consumers want EVs but prices are a concern

More than half of the respondents in the survey said a lack of affordability was the biggest concern when it comes to EV adoption, at a time when top EV makers are raising prices amid high inflation. More U.S. consumers want to buy an electric vehicle (EV) but are concerned about rising prices, while fewer… Continue reading More U.S. consumers want EVs but prices are a concern