Tag: Tesla

Clean Technica: Fiat 500e Shines In 21% Plugin Share Market Of France002054

Plugin vehicles continue to rise in France, with last month’s plugin vehicle registrations ending at 26,517 units, divided between 15,247 BEVs (or 12% share of the overall auto market) and 11,270 PHEVs (9% share of the overall auto market). The former jumped 38% year over year (YoY) while the latter was actually down by 13%.… Continue reading Clean Technica: Fiat 500e Shines In 21% Plugin Share Market Of France002054

No One Knows How Safe New Driver-Assistance Systems Really Are

This week, a US Department of Transportation report detailed the crashes that advanced driver-assistance systems have been involved in over the past year or so. Tesla’s advanced features, including Autopilot and Full Self-Driving, accounted for 70 percent of the nearly 400 incidents—many more than previously known. But the report may raise more questions about this… Continue reading No One Knows How Safe New Driver-Assistance Systems Really Are

Tesla (TSLA) lays off more employees, and hourly ones this time despite Elon Musk’s comments

Tesla has started another wave of layoffs, and this time it also includes hourly workers instead of just salaried employees like CEO Elon Musk claimed. Earlier this month, we reported on Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause hiring due to having a “super bad… Continue reading Tesla (TSLA) lays off more employees, and hourly ones this time despite Elon Musk’s comments

GM ups price of already pricey Hummer EV

Amid rising commodity costs, General Motors Co. is upping the price on its GMC Hummer EV pickup and SUV by $6,250 starting June 18.  The base price for the Hummer EV 3X coming this fall will go from $98,400 to $104,650. The Hummer EV 2X available next spring will be $94,650, up from $88,400. And coming spring… Continue reading GM ups price of already pricey Hummer EV

German Manager Magazine: Volkswagen: Ralf Brandstätter restructures board in China001849

Politically, Volkswagen is under pressure. That the carmaker operates a plant in the Xinjiang region , where there are concrete reports about the suppression of the Uyghur ethnic group, causes criticism. For the first time now also from the VW supervisory board. “When there are visible human rights violations on the right and left, I… Continue reading German Manager Magazine: Volkswagen: Ralf Brandstätter restructures board in China001849

Mazda and Mitsubishi Motors to lift prices in Japan

TOKYO — Mazda and Mitsubishi Motors vehicles will cost more in Japan come fall as the nation’s medium-size automakers begin passing on their rising raw materials costs and adjust to the weakening yen. Mazda will raise prices for two models, including the flagship Mazda3 compact, by about 3%. Mitsubishi Motor’s price hike will also be… Continue reading Mazda and Mitsubishi Motors to lift prices in Japan

Tesla stock hits rough patch amid supply chain constraints, price hikes

Reuters Videos Tesla hikes prices for U.S. cars amid inflation STORY: It’s getting more expensive to buy a Tesla.The company this week raised its prices – again – for all its U.S. car models… in response to global supply-chain problems and soaring costs of raw materials. According to Tesla’s website, the price for its Model… Continue reading Tesla stock hits rough patch amid supply chain constraints, price hikes

5 Best Chinese Stocks: Two Tesla Rivals Setting Up

Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Among the best are JD.com, NetEase, Li Auto, Xpeng and BYD Co.. China is the world’s most-populous nation and the second-largest economy, with a booming urban middle class and amazing entrepreneurial activity. Go… Continue reading 5 Best Chinese Stocks: Two Tesla Rivals Setting Up

This Week in Elon: smashing the irony button

Elon Musk may want out of his deal with Twitter, but he has some ideas about how to run the bird app, and they involve layoffs, subscriptions, and… a sarcasm button. Musk turned up on Thursday for a video chat with Twitter employees, and the employees promptly leaked its contents to reporters — including my… Continue reading This Week in Elon: smashing the irony button