(Bloomberg) — Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 58% in just three trading sessions. The stock soared as much as 59% on Thursday, before closing up 28%, the biggest one-day move since Jan. 26. Workhorse, which is still in… Continue reading @niche: Workhorse Posts Best 3-Day Jump Since July on Retail Fandom000925
Tag: Tesla
Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz
The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognise a need to more closely monitor the emerging technology,… Continue reading Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz
Tesla revises plans for German gigafactory with more details on product lines
Tesla said in April that its plans were moving forward, with production and deliveries “on track for late 2021”. But that was later than previous plans for July 1. FRANKFURT: Tesla on Thursday revised its application for a planned gigafactory in Europe to include details for plans to produce battery cells on-site and an expansion… Continue reading Tesla revises plans for German gigafactory with more details on product lines
Tesla disrupted by traditional mechanics
A Tesla electric vehicle (EV) drives past a crossing in Shanghai, China March 9, 2021. REUTERS/Aly Song/File Photo – RC2WIN94V64E Tesla (TSLA.O) is discovering that even new carmakers can suffer old problems. The electric-car maker’s China orders nearly halved in May from a month earlier, The Information reported on Thursday, after jitters over its quality… Continue reading Tesla disrupted by traditional mechanics
Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights
Who put all these traffic lights in the middle of the road? Stop and Go A Tesla Model 3 owner encountered an unusual glitch while using the Autopilot assisted driving system on the highway: The car seemed to detect an endless trail of traffic lights all the way down the road as it traveled upwards… Continue reading Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights
Tesla’s car orders in China were nearly cut in half last month, according to a new report
Tesla orders in China fell from 18,000 to 9,800 between April and May, The Information reported. China represents a crucial market for the electric carmaker, but the company has faced headwinds. Tesla’s reputation has taken a hit in the country due to safety concerns surrounding its vehicles. See more stories on Insider’s business page. Tesla’s… Continue reading Tesla’s car orders in China were nearly cut in half last month, according to a new report
Tesla stock drops 5% on report saying China orders halved in May (TSLA)
Tesla CEO Elon Musk Win McNamee/Getty Images Tesla shares extended early losses to as much as 5% on Thursday after reports of a China sales drop. The Information reported Tesla sales in China fell to roughly 9,800 in May, down from more than 18,000 in April. China sales accounted for 29% of Tesla’s global sales… Continue reading Tesla stock drops 5% on report saying China orders halved in May (TSLA)
Tesla’s global market share fell to its lowest level in over 2 years as electric car competition heats up
Tesla’s market share of the global electric-car market fell to 11% in April. The electric-car company’s lead in the US is also narrowing, as Ford and GM build their own EVs. Tesla’s stock fell to its lowest level in three weeks following the news. See more stories on Insider’s business page. Tesla’s grip on the… Continue reading Tesla’s global market share fell to its lowest level in over 2 years as electric car competition heats up
Owners of Teslas and other EVs are getting hundreds of new fast-charging stations at 7-Eleven stores across North America
Electric vehicle drivers will soon have a few hundred new places to top up their batteries. 7-Eleven plans to install 500 fast-charge ports at select convenience stores before 2023. The company says the ports will give it “the largest and most compatible” system of any US retailer. See more stories on Insider’s business page. Driving… Continue reading Owners of Teslas and other EVs are getting hundreds of new fast-charging stations at 7-Eleven stores across North America
Tesla recalls nearly 8,000 Model 3 and Model Y vehicles over faulty seat belts (TSLA)
Tesla is issuing two recalls that cover nearly 8,000 vehicles with potentially faulty seat belts. One recall covers vehicles with front seat belts that may be improperly secured to the body. This week, Tesla said it’s recalling nearly 6,000 cars with potentially loose brake caliper bolts. See more stories on Insider’s business page. Tesla is… Continue reading Tesla recalls nearly 8,000 Model 3 and Model Y vehicles over faulty seat belts (TSLA)