EV companies, battery makers urge Trump not to kill vehicle tax credits By: Reuters | Updated on: 16 Nov 2024, 10:39 AM Major electric vehicle and battery manufacturers called on President-elect Trump to keep tax credits for EV sales, emphasising their role in job creat … Major electric vehicle and battery manufacturers called on President-elect … Read more
Tesla recalls 2,400 Cybertrucks, 6th callback for the pickup truck this year By: Reuters | Updated on: 14 Nov 2024, 07:06 AM Tesla will replace the recalled drive inverter with a new component under the latest recall program. Tesla will replace the recalled drive inverter with a new component under the latest recall program. (Bloomberg) … Read more
Tesla stock extends rally as Elon Musk-Donald Trump alliance fuels gains By: Bloomberg | Updated on: 12 Nov 2024, 06:45 AM Tesla’s 14-day relative strength index, a gauge of bullish and bearish price momentum, closed at 81 on Monday. Tesla’s 14-day relative strength index, a gauge of bullish and bearish price momentum, closed at 81 … Read more
Tesla shares reach the coveted trillion-dollar mark post Donald Trump’s victory By: Bloomberg | Updated on: 09 Nov 2024, 08:48 AM A breakneck rally in Tesla Inc. shares on Friday catapulted the electric-vehicle maker’s market value back over the coveted trillion-dollar mark, as i … A breakneck rally in Tesla Inc. shares on Friday catapulted … Read more
Nissan shares slump after plan to slash jobs, production By: Reuters | Updated on: 09 Nov 2024, 10:05 AM Nissan faces criticism for its hybrid strategy, with analysts highlighting overreliance on EVs. Following drastic job cuts and a profit forecast downg … Nissan faces criticism for its hybrid strategy, with analysts highlighting overreliance on EVs. … Read more
Tesla implies its electric cars can drive themselves but they can’t. Know more The National Highway Traffic Safety Administration is asking the company to “revisit its communications” to make sure messages are consistent with user instructions. The request came in a May email to the company from Gregory Magno, a division chief with the agency’s … Read more
Tesla was told to temper Robotaxi fervor months before US probe By: Bloomberg | Updated on: 09 Nov 2024, 01:37 AM Tesla Inc. was admonished by a US agency over how the carmaker was promoting its driver-assistance technology on social media months before the regula … Tesla Inc. was admonished by a US agency over … Read more
Electric car sales falling world over, leaving carmakers in shock. Here’s why By: HT Auto Desk | Updated on: 03 Nov 2024, 08:51 AM The electric vehicle market is experiencing slowed growth, prompting major global brands to adjust production. Factors such as stiff Chinese competiti … The electric vehicle market is experiencing slowed growth, prompting … Read more
BYD sells record half a million plug-in cars in October, outpaces Tesla Q3 sales By: Bloomberg | Updated on: 02 Nov 2024, 10:16 AM BYD reported a 24 per cent revenue increase to 201.1 billion yuan in Q3, outperforming Tesla. The company achieved record sales in October, driven by … BYD reported a 24 per … Read more
Elon Musk’s wealth soars $34 billion as Tesla comes roaring back By: Bloomberg | Updated on: 25 Oct 2024, 02:45 AM Elon Musk is continuing to ride the Tesla wave and has predicted a growth of 30 per cent for the EV company next year. File photo of Tesla CEO Elon Musk. (REUTERS) Elon Musk … Read more