The chip shortage and supply chain crisis are doing more than just driving up vehicle prices — they’re also affecting quality. JD Power published its Initial Quality Study for 2022 model-year cars this week, in which it found that new vehicle quality has declined 11 percent year over year, the steepest drop ever recorded by… Continue reading Electric vehicle companies have a serious quality problem
Tag: Tesla
Tesla: Return of “Enhanced Autopilot”
The manufacturer Tesla has brought back the alternative autopilot version of the FSD. Actually, there were two versions of the autopilot: Enhanced Autopilot and the most recently available FSD autopilot. Apart from the money, the difference lies in the possible features. It’s the stripped down version that’s now available Tesla is available again. [embedded content]… Continue reading Tesla: Return of “Enhanced Autopilot”
Nio denies report of inflating revenue and profit, stock falls
Yahoo Finance Live anchors discuss reports of Nio inflating its revenue and profit. Video Transcript – Then shares of Chinese EV maker NIO, they are moving lower here today by about 4% this morning after the company denied a report published Tuesday by short-seller Grizzly Research claiming that the company is exaggerating revenue and profit… Continue reading Nio denies report of inflating revenue and profit, stock falls
Stocks Making the Biggest Moves Today: NIO Sinks, Tesla Slips, Carnival Slumps
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McCormick cuts outlook, General Mills tops earnings estimates, Shopify stock split goes into effect
Yahoo Finance’s Ines Ferre joins the Live show to break down how stocks are moving in intraday trading. Video Transcript INES FERRE: And Brian, taking a look right now at the NASDAQ 100, we want to show you some of the mega caps that are seeing some green. You’ve got Microsoft, Amazon that’s higher. Meta’s… Continue reading McCormick cuts outlook, General Mills tops earnings estimates, Shopify stock split goes into effect
JPMorgan Piles On With Estimate Cuts Before Earnings: Tech Watch
(Bloomberg) — Wall Street analysts are starting to cut earnings estimates for some of the world’s biggest technology companies, undermining the argument that their stocks look cheap after this year’s market rout. Most Read from Bloomberg Amazon.com Inc., Nvidia Corp. and Alphabet Inc. are among those that have seen earnings estimates fall over the past… Continue reading JPMorgan Piles On With Estimate Cuts Before Earnings: Tech Watch
Tesla lets go of hundreds of Autopilot data labelers as it closes San Mateo office
Tesla has laid off about 200 people working at its San Mateo offices as it closes the location. Most of the employees were working as Autopilot data labelers – a critical project for Tesla to achieve self-driving capability. LinkedIn is flooding with posts from now former Tesla employees working at its San Mateo office after… Continue reading Tesla lets go of hundreds of Autopilot data labelers as it closes San Mateo office
Hyundai gives first look at Ioniq 6 EV as market share surges
Hyundai is offering an early look at its upcoming all-electric sedan, the Ioniq 6. It comes as Bloomberg reports that the company’s EV market share is quietly surging in Europe and the US, causing even Tesla’s Elon Musk to take notice. If last year’s all-electric Ioniq 5 crossover SUV took inspiration from 70s designs, then… Continue reading Hyundai gives first look at Ioniq 6 EV as market share surges
VW CEO Herbert Diess says Giga Berlin and Giga Texas ramp will weaken Tesla and allow them to be EV sales leader by 2025 – Drive Tesla Canada
Credit: Herbert Diess Volkswagen CEO Herbert Diess has commented several times that it will be a “tight race” to overtake Tesla and become the global electric vehicle (EV) sales leader by 2025. However in new comments to employees today, Diess expects the opening of Tesla’s two new Gigafactories to be their window of opportunity to… Continue reading VW CEO Herbert Diess says Giga Berlin and Giga Texas ramp will weaken Tesla and allow them to be EV sales leader by 2025 – Drive Tesla Canada
Tesla and�VW duke it out for EV dominance – Autoblog
McDonalds versus Burger King. Apple versus Microsoft. Coca-Cola versus Pepsi. The business world is riddled with rivalries. A new one may be taking shape as Volkswagen tries to unseat Tesla as the leading maker of electric cars. VW is in a “good second position” behind Tesla on EVs and making progress on battery production, charging… Continue reading Tesla and�VW duke it out for EV dominance – Autoblog