CLOSE For Ford Bronco fans it has been a long wait to see a new Ford Bronco model. The wait is finally over as Ford reveals the 2021 Ford Bronco and Bronco Sport. Wochit Ford Motor Co. confirmed Friday that it sought and won permission from the U.S. Department of Energy to defer debt payments… Continue reading Ford’s plan to defer government loan payments a ‘concerning sign’
Tag: Tesla
GM to add 2,700 EVgo chargers in 5 years, a bet on fast-charging while shopping
General Motors and EVgo announced today that they plan to add more than 2,700 new fast chargers at grocery stores, retail outlets, and entertainment centers in 40 metropolitan areas. The project, which will take five years to complete, is an effort to convince renters and condo dwellers that EVs are practical. The message is to… Continue reading GM to add 2,700 EVgo chargers in 5 years, a bet on fast-charging while shopping
Tesla releases Q2 2020 safety report: strong year-over-year improvement in Autopilot accidents
Tesla has released its Q2 2020 safety report showing a strong year-over-year improvement in Autopilot accidents, but a small regression quarter-over-quarter. Since 2018, Tesla has been trying to create a benchmark for its improvement in Autopilot safety by releasing a quarterly report that compares the number of miles per accident on Autopilot versus off Autopilot.… Continue reading Tesla releases Q2 2020 safety report: strong year-over-year improvement in Autopilot accidents
Tesla (TSLA) secures $780 million in bonds at cheaper levels than initially anticipated
Tesla (TSLA) managed to secure $780 million in bonds against its auto leases and got cheaper levels than initially anticipated, thanks to high investor demand. Even though Tesla ended the last quarter with a record cash position of $8.5 billion, the automaker is always looking for cheap ways to improve its financial position. Borrowing through… Continue reading Tesla (TSLA) secures $780 million in bonds at cheaper levels than initially anticipated
Electric pickups a possibility, FCA CEO says, as it updates product plans
Fiat Chrysler Automobiles NV could electrify its Ram trucks if they face deteriorating market share, CEO Mike Manley said Friday, as he provided updates on product launch plans that faced delays due to the coronavirus pandemic. The Italian American automaker has said it will electrify its profit-heavy Jeep brand by 2022, but overall it has been… Continue reading Electric pickups a possibility, FCA CEO says, as it updates product plans
German Court Suspends Driver For Adjusting Wiper Speed In Tesla Model 3
A recent verdict from Germany will start a fascinating discussion. The Higher Regional Court in Karlsruhe confirmed that a driver would have to be suspended from driving for a month. He was sentenced to that because he drove his Tesla Model 3 into an embankment and hit some trees after trying to adjust the windshield… Continue reading German Court Suspends Driver For Adjusting Wiper Speed In Tesla Model 3
Demand for Tesla vehicles remained strong during pandemic, Musk says
FILE PHOTO: Tesla Inc CEO Elon Musk speaks on stage during a delivery event for Tesla’s China-made Model 3 cars at its factory in Shanghai, China, January 7, 2020. REUTERS/Aly Song/File Photo (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk in a podcast released on Friday said that demand for the company’s electric vehicles… Continue reading Demand for Tesla vehicles remained strong during pandemic, Musk says
Chinese electric vehicle maker Xpeng raises another $300 mln, sources say
By Yilei Sun and Brenda Goh SHANGHAI, July 31 (Reuters) – Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional $300 million from investors including Qatar’s sovereign wealth fund, people familiar with the matter said. As enthusiasm builds for EVs, shares of their makers such as Tesla Inc and Nio Inc have surged… Continue reading Chinese electric vehicle maker Xpeng raises another $300 mln, sources say
Tesla Inc. stock outperforms competitors despite losses on the day
COMPANY CLOSE UPDATES Terrence Horan Shares of Tesla Inc. TSLA dropped 0.78% to $1,487.49 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0. Go to Source
Chinese electric vehicle maker Xpeng raises another $300 million, sources say
SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional $300 million from investors including Qatar’s sovereign wealth fund, people familiar with the matter said. FILE PHOTO: XPeng’s electric vehicle (EV) P7 is unveiled during the media day for the Shanghai auto show, China, April 16, 2019. REUTERS/Aly Song/File Photo As… Continue reading Chinese electric vehicle maker Xpeng raises another $300 million, sources say