Tesla Stock Vs. BYD Stock: Musk ‘Super Bad’ Warning Hits Tesla; EV Rival Races As Sales Hit High

Reuters Rivian R1T electric truck ‘way underpriced,’ but room to improve – expert The Rivian R1T, one of the first electric pickup trucks on the market, is “way underpriced,” according to a manufacturing expert known for his sometimes blunt assessments of electric vehicles from Tesla and others. The R1T also could use some engineering and… Continue reading Tesla Stock Vs. BYD Stock: Musk ‘Super Bad’ Warning Hits Tesla; EV Rival Races As Sales Hit High

From Tesla to Peloton, companies slow hiring as economy sputters

Lyft Inc said in May it will slow down hiring and assess budget cuts in some departments. Elon Musk spooked investors on Friday with a warning on the economy and plans to cut Tesla’s workforce, joining a growing list of companies that have dialed back hiring amid decades-high inflation and fallout from the Ukraine crisis.… Continue reading From Tesla to Peloton, companies slow hiring as economy sputters

German Manager Magazin: Tesla share with price slide: boss Elon Musk wants more employees on an hourly basis and fewer employees001822

Plant Tesla boss Elon Musk (50) a strong job cut despite full order books to prepare the US electric car manufacturer for an approaching recession in the USA? The back and forth about the future number of employees Tesla continued over the weekend: On Friday, Musk announced in an internal email that to reduce the… Continue reading German Manager Magazin: Tesla share with price slide: boss Elon Musk wants more employees on an hourly basis and fewer employees001822

German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004410

Mercedes Mercedes is recalling models of the GL class, among others. (Photo: dpa) According to the Federal Motor Transport Authority, Mercedes-Benz is recalling almost a million older vehicles worldwide because of possible brake problems. Accordingly, ML, GL and R-Class cars built between 2004 and 2015 are affected, as the authority announced in its recall database.… Continue reading German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004410

German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004407

Mercedes Mercedes is recalling models of the GL class, among others. (Photo: dpa) According to the Federal Motor Transport Authority, Mercedes-Benz is recalling almost a million older vehicles worldwide because of possible brake problems. Accordingly, ML, GL and R-Class cars built between 2004 and 2015 are affected, as the authority announced in its recall database.… Continue reading German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004407

Clean Technica: Top 20 Electric Cars In The World — April 2022 (Charts)002017

Global plugin vehicle registrations were up 38% in April 2022 compared to April 2021. Despite several disturbing factors happening all at once (the invasion of Ukraine, Covid-19 lockdowns in China, chip and battery shortages, supply chain disruptions …), the truth is that there were 542,000 registrations last month, representing 10.2% share of the overall auto… Continue reading Clean Technica: Top 20 Electric Cars In The World — April 2022 (Charts)002017

Tesla to Cut 10% of Salaried Staff, Musk Tells Employees

Tesla’s chief executive, Elon Musk, plans to cut 10 percent of the electric carmaker’s salaried work force, he told staff in an email on Friday. The job cuts will not apply to employees who build cars or batteries or who install solar panels, and the number of hourly employees will increase, Mr. Musk said in… Continue reading Tesla to Cut 10% of Salaried Staff, Musk Tells Employees

Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment

Tesla CEO Elon Musk‘s “super bad feeling” about the economy could be the auto industry‘s “canary in the coal mine” moment, signaling a recession for an industry whose bosses have shown no signs of concern. Musk said the electric carmaker needed to cut about 10% of its workforce in an email to executives seen by… Continue reading Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment

German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004404

Mercedes Mercedes is recalling models of the GL class, among others. (Photo: dpa) According to the Federal Motor Transport Authority, Mercedes-Benz is recalling almost a million older vehicles worldwide because of possible brake problems. Accordingly, ML, GL and R-Class cars built between 2004 and 2015 are affected, as the authority announced in its recall database.… Continue reading German Handelsblatt: Brake problems: Mercedes is recalling almost a million cars worldwide004404