Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans said. The shift would put more emphasis on stores in less-costly suburban locations that can also provide… Continue reading Tesla weighs reset for China retail strategy even as sales boomTesla is looking to ramp up the hiring of technicians and other staff for service jobs …
Tag: Electric vehicles
Clean Technica: Thoughts On Class Action Lawsuit Against Tesla Regarding Autopilot and Full Self-Driving Capability (“FSD”) — From A Buyer 002247
It has happened, a class action lawsuit has been filed regarding Tesla Autopilot, Enhanced Autopilot, and Full Self-Driving Capability. The people suing argue that Tesla misled them with deceptive marketing that made the Tesla buyers think their cars would be better able to drive themselves. “The lawsuit was filed in the Northern District of California,… Continue reading Clean Technica: Thoughts On Class Action Lawsuit Against Tesla Regarding Autopilot and Full Self-Driving Capability (“FSD”) — From A Buyer 002247
Clean Technica: Insurance Company Fakes Battery Fire On Tesla Model S To Highlight That EVs Can Catch Fire (Video)002246
The arena is all set up, the audience is excited, and the Tesla Model S starts its short run — hits a boulder, rolls over — a few seconds go by and flames start to erupt from the vehicle’s floor, where the battery pack is installed. Applause. Firefighters arrive at the scene — cut! But… Continue reading Clean Technica: Insurance Company Fakes Battery Fire On Tesla Model S To Highlight That EVs Can Catch Fire (Video)002246
Joe Biden Mocked for Tweeting About EVs With Pic of Gas Car
“Such a car guy, you don’t even know that’s a gas-powered Corvette.” Pure Optimism It’s no secret that US president Joe Biden is prone to gaffes. But confusing a gas-guzzling Corvette sports car for an electric vehicle has us stumped. “You all know I’m a car guy,” Biden tweeted this week. “Today I visited the… Continue reading Joe Biden Mocked for Tweeting About EVs With Pic of Gas Car
Fresh battle lines emerge in China’s shifting new energy vehicles market
As China winds down the generous consumer subsidies which helped its market for new-energy vehicles surpass that of any other country, the landscape is shifting. While the largest players — Tesla and homegrown giant BYD — look set to hold onto their leading position, for now, the second tier of companies is facing increasing challenges.… Continue reading Fresh battle lines emerge in China’s shifting new energy vehicles market
Cummins Advocating for Racial Equity (CARE) Supports Mobile Grocery Markets in Communities Across the U.S.
COLUMBUS, Ind.–(BUSINESS WIRE)–It’s in the DNA of Cummins Inc. (NYSE: CMI) to solve problems, and the reality of food deserts in communities across the nation is one that has its attention. Through Cummins Advocating for Racial Equity (CARE), the company has committed $800,000 in transformational grant funding to develop and launch mobile grocery markets. With… Continue reading Cummins Advocating for Racial Equity (CARE) Supports Mobile Grocery Markets in Communities Across the U.S.
Automotive Powertrain Market to Reach US$ 719.3 Million by 2032 as Focus on Clean Technology in Vehicles Grows
Automotive Powertrain Manufacturers Focus on Innovation as Shift towards EV Gains Momentum The latest survey by Fact.MR provides a compilation of first-hand information about the factors affecting the growth in automotive powertrain market. It also offers refines sales projection across various market segments in terms of position, vehicle type, and powertrain type. The report also… Continue reading Automotive Powertrain Market to Reach US$ 719.3 Million by 2032 as Focus on Clean Technology in Vehicles Grows
GM to invest $491M in Marion, Indiana, stamping plant to support EV production
General Motors will invest $491 million at the GM Marion Stamping plant in Marion, Indiana, to prepare it to make steel and aluminum stamped parts for future vehicles — including electric cars — made at various GM assembly plants. The investment announced Thursday will be used to buy and install two new press lines, complete… Continue reading GM to invest $491M in Marion, Indiana, stamping plant to support EV production
Drivers sue Tesla for alleged false advertising of Autopilot and FSD software
Another day, another lawsuit against Tesla and its advanced driver assistance systems. A lawsuit was filed Wednesday in the California Northern District Court alleging that Tesla’s ADAS systems cause vehicles to run red lights, miss turns and veer into traffic, all the while costing Tesla owners thousands of dollars. Tesla vehicles come standard with an… Continue reading Drivers sue Tesla for alleged false advertising of Autopilot and FSD software
Tesla (TSLA) loses infamous ‘most shorted stock’ title to Apple (AAPL)
Tesla (TSLA) has officially lost its infamous “most shorted stock” title as the short position on Apple’s stock (AAPL) rises above Tesla’s. CEO Elon Musk has often warned people not to bet against Tesla on the stock market. He went as far as predicting a “next level short burn of the century,” and it sort… Continue reading Tesla (TSLA) loses infamous ‘most shorted stock’ title to Apple (AAPL)