Lucid Stock Gains 3% Premarket After EV Maker Announces 6% Workforce Reduction, Cutting 400 Jobs To Lower Costs
The shares of Lucid Group (NASDAQ:LCID) gained 3% in pre-market trading after the California-based EV maker said on Friday…
Tesla Slashes Model Y Production At Shanghai Gigafactory Amid Waning China Demand: Report
Tesla Inc. has reportedly significantly reduced the production of its Model Y SUV at its Shanghai gigafactory since March.
Jeep’s All-Electric Wagoneer S Beats Tesla Model Y Performance In Acceleration Test, Lags Behind Model X
Stellantis NV's Jeep on Wednesday released a video of its upcoming all-electric Wagoneer S SUV and raced it against Tesla Inc's Model Y Performance to prove its faster acceleration.
Elon Musk Boasts Tesla Built More EV Charging Infrastructure Than Amazon And Federal Government
Billionaire entrepreneur Elon Musk on Thursday noted that his EV company Tesla Inc (NASDAQ:AMZN) or the federal government.…
Ford Alone Stumbles In New EU April Registrations, While Tesla And Hyundai Gain Ground
Though South Korean auto brand Kia also witnessed a 12.6% dip in registrations, it was offset by the rise in registrations for its sister brand Hyundai.
Volkswagen Delays ID.7 Launch In US, Canada To Face Tesla Head-On Later
The ID.7 has been on sale in Europe since 2023 and was initially expected to be introduced in the U.S. later this year.
Tesla Revs Up Hiring Engine Again After Mass Layoffs, With Focus On Autopilot And Robotics
Tesla removed nearly all job listings in North America after announcing a 10% reduction in its global workforce last month.
Tesla Pushes Suppliers To Diversify Production Away From China Amid Escalating Sino-Taiwan Tensions: Report
The request was reportedly made before the U.S. hiked tariffs on Chinese imports including electric vehicles.
Tesla Breaks Silence On Vehicle Safety Data After A Year: Autopilot Boasts Lower Accident Risk Vs Manual Driving
Tesla vehicles using Autopilot advanced driver assistance technology recorded a crash every 7.63 million miles driven in the last quarter.
Tesla’s New Model 3 Performance Exceeds Expectations With 303-Mile EPA Range
EV giant Tesla Inc's new Model 3 Performance has been ascertained to a range of 303 miles by the Environmental Protection Agency (EPA), seven miles higher than the company's initial estimate of 296 miles.