Strong business demand helped the UK car market to continue its recovery, with fleet sales accounting for more than half of the 156,737 new cars registered in May – but demand for vehicles was still down compared with the same period in 2019. The 156,737 registrations last month marked a 674.1% rise from last May,… Continue reading UK new car registrations soar 674% as recovery continues in May
Tag: Tesla
Bitcoin slides 8% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji
Getty Bitcoin slipped as much as 8% on Friday after Elon Musk signaled a potential breakup with the digital asset by posting a broken-heart emoji and a reference to a popular “Linkin Park” song. The token was just recovering from a broader cryptocurrency crash last month in the wake of increased regulatory scrutiny from China.… Continue reading Bitcoin slides 8% after Elon Musk hints at a potential split with the popular cryptocurrency in a tweet with a broken-heart emoji
Why Tesla has plummeted since the start of the year
Trees don’t rise to the sky, investors who bet on Tesla earlier this year have realized the hard way. The stock market price of the darling of Wall Street in 2020 , which had been multiplied by 8 between March and December, has continued to decline since early 2021. It fell from $ 880 in… Continue reading Why Tesla has plummeted since the start of the year
Tesla’s China orders fall by nearly half in May – report
By Reuters Staff 2 Min Read (Reuters) – Tesla Inc’s vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data. FILE PHOTO: A Tesla car pictured at a charging point in Beijing, China, April 13,… Continue reading Tesla’s China orders fall by nearly half in May – report
@niche: Workhorse Posts Best 3-Day Jump Since July on Retail Fandom000925
(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
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