Tesla’s Sales Declined by Massive 18% Due to China-Made Electric Vehicles
Tesla, a name synonymous with innovation in the electric vehicle (EV) sector, is currently navigating a rough patch in the ...
Tag: Auto Industry
Tesla Is Likely Not Releasing the “More Affordable” Vehicle Anytime Soon, Despite Promises of the Model 2
Tesla's journey towards offering more affordable electric vehicles seems to have hit a mild roadblock, as revealed during their Q1 ...
After a Massive Reduction of 14,000 Staff Members, Elon Musk Targets Hundreds of Employees and Team Leaders
Elon Musk, the dynamic CEO of Tesla Inc. (TSLA), is steering the company through another significant transformation as part of ...
The Former Tesla Leader Sold $181.5 Million Worth of Company Stock After Resigning from His Role
In a bold financial maneuver that has caught the eyes of investors and industry observers alike, former Tesla executive Andrew ...
Fisker Informs the Company’s Management That 4 Car Companies Are in Acquisition Talks With the Failing Venture
In a candid all-hands meeting, Fisker CEO Henrik Fisker delivered a mix of grave news and a glimmer of hope ...
Ford Reports 36% Increase in Hybrid Sales in the First Quarter of 2024 Amid Market Slowdown
As the auto industry faces a pivotal shift in consumer demand and technological advancement, Ford Motor Company is standing out ...
Jeep’s Manufacturing Company Stellantis Will Be Laying Off an Unspecified Number of Workers in the U.S. Shortly
Stellantis, the conglomerate behind Jeep and other prominent auto brands, has revealed plans to lay off an unspecified number of ...
Ford Recently Disclosed a Substantial Financial Shortfall of $132,000 on Each Electric Vehicle It Has Sold
In a recent reveal at a Los Angeles auto show, Ford’s commitment to electrification was clear with the showcase of ...
Hertz Faces $440 Million Loss As Their Big Bet on Electric Cars Is Costing Them Huge
As the automotive industry continues to navigate the turbulent transition to electric vehicles (EVs), rental giant Hertz has found itself ...
Tesla Will Soon Be Affordable Says Elon Musk, Can Cheaper Versions Boost Sales?
In a significant development that caught the attention of investors and industry analysts, Elon Musk, CEO of Tesla, has pledged ...
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