Ford CEO gives employees sobering data about Tesla, challenges ahead – Detroit Free Press

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Tesla has reportedly been shipping out some cars without USB ports

Some Tesla customers have noticed that their newly-purchased Model 3s and Model Ys have missing USB ports, an issue first spotted by Electrek. Tesla has reportedly been telling customers that the chip shortage is behind the lack of ports. As noted by Electrek, the issue didn’t seem to start cropping up until November 11th, and… Continue reading Tesla has reportedly been shipping out some cars without USB ports

New Teslas delivered with surprise missing USB ports due to parts shortages

A number of new Tesla Model 3s and Model Ys have been delivered in the last few days with missing USB ports, often without any warning before the owners get their new cars home and notice that the car’s phone charger isn’t working. The automaker blames the missing parts on the global chip shortage. We’ve… Continue reading New Teslas delivered with surprise missing USB ports due to parts shortages

Elon Musk Is Beefing With Another Electric Carmaker Again

He might have a point. Tough Talk Electric car company Rivian exploded into public markets this week with a monstrous $116 billion IPO — but not everyone is popping the champagne quite yet.  Tesla CEO and Jeff Bezos’ playground bully Elon Musk took to Twitter to throw some cold water on the rival carmaker’s enormous valuation on… Continue reading Elon Musk Is Beefing With Another Electric Carmaker Again

Tesla owner claims first Full Self-Driving Beta crash in strange NTHSA complaint

In a National Highway Traffic Safety Administration (NTHSA) complaint, a Tesla Model Y owner claims that he was involved in a crash while using the Full Self-Driving Beta, which would be the first reported FSD Beta accident. Tesla has been operating its Full Self-Driving (FSD) Beta for over a year now. Last month, the automaker… Continue reading Tesla owner claims first Full Self-Driving Beta crash in strange NTHSA complaint

Michigan seen among options for Rivian battery plant

Fresh off a $12 billion initial public offering, Rivian Automotive Inc. is investing in a dizzying array of expansion projects, pursuing a site for a stand-alone battery factory in addition to new vehicle-assembly plants already planned. Among the states seen as a possibility is Michigan. The to-do list for the electric-vehicle maker will be funded… Continue reading Michigan seen among options for Rivian battery plant

Rivian rockets past GM to become 2nd most valuable carmaker

Rivian’s goal this year is to produce 1,000 electric vehicles. NEW YORK: Rivian Automotive, a company that has delivered about 150 electric pickup trucks mostly to employees, has surpassed General Motors to become the nation’s second most valuable automaker. The California company’s market valuation exceeded Ford’s in its first day a public company Wednesday. Its… Continue reading Rivian rockets past GM to become 2nd most valuable carmaker

@niche: It’s bizarro world in the auto industry, again001410

It’s not just Tesla. Electric-vehicle startup Rivian (RIVN) has roared into public markets with a killer public offering and a market value of $116 billion. That’s 32% more than General Motors (GM) is worth, and 47% more than Ford (F). Rivian has never sold a vehicle until this year. GM sells around 7 million vehicles… Continue reading @niche: It’s bizarro world in the auto industry, again001410

Autos & TransportationTesla dips after Musk sheds $5 billion in sharesNovember 11, 2021

Nov 11 (Reuters) – Tesla’s stock (TSLA.O) declined slightly on Thursday after filings revealed Chief Executive Elon Musk sold about $5 billion worth of his shares this week following his much-hyped Twitter poll. The electric-car maker’s stock ended the session down 0.4% at $1,063.51 after tumbling earlier in the week. Musk’s share sale was his… Continue reading Autos & TransportationTesla dips after Musk sheds $5 billion in sharesNovember 11, 2021