TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%

Headlines

Tesla saw its market valuation drop 12% in the first days of 2024 as clouding sentiments on the electric vehicle market worry investors.

Tesla market valuation sheds $94 billion in first weeks of 2024

- January 15, 2024
Tesla saw its market valuation shed $94 billion over the first two weeks of 2024, marking one of the sharpest share price drops in the electric vehicle company's history. The number...
Tesla manufacturing employees are set to receive a "market adjustment" raise as the UAW doubles down on its efforts to unionize the company.

Tesla boosts pay after UAW ramps up unionization efforts

- January 12, 2024
Tesla will boost worker pay across the U.S. in an effort to keep wages competitive with market norms, several months after the United Auto Workers (UAW) union won considerable raises...
Well-known rental car company Hertz announced that it would sell around one-third of its EV fleet due to the depreciation of EVs.

Hertz reduces EV fleet by 20,000 vehicles, blames Tesla

- January 12, 2024
The well-known rental car company Hertz Global Holdings announced that it would sell around one-third of its EV fleet since it depreciated faster than anticipated. The decline in value is...
The UAW says 30% of Mercedes-Benz manufacturing employees at an Alabama plant have committed to unionization.

UAW hits second unionization milestone at Mercedes-Benz plant

- January 12, 2024
The United Auto Workers (UAW) union says it has obtained union authorization cards from over 30% of Mercedes-Benz's Alabama manufacturing employees, marking another milestone in the group's efforts to organize...
The Swedish electric car manufacturer Polestar Automotive has released its global delivery figures for the fourth quarter of 2023.

Polestar reports Q4 global deliveries, revealing a difficult end to 2023

- January 12, 2024
The Swedish electric car manufacturer Polestar Automotive has released its global delivery figures for the fourth quarter of 2023. The report revealed that the company delivered around 12,800 vehicles, of which 880 Polestar...
VinFast unveiled two cars at the Consumer Electronics Show in Las Vegas this year, both having the potential to succeed in the U.S. market.

VinFast debuts midsize truck and electric utility vehicle at CES for the U.S. market

- January 11, 2024
Vietnamese automaker, VinFast, unveiled two cars at the Consumer Electronics Show (CES) in Las Vegas this year. A midsize pickup truck, similar to the Toyota Tacoma, and a small electric...
Car manufacturing executives displayed cautious optimism toward the 2024 automotive market following a complicated year.

Car manufacturers share cautious expectations on 2024 automotive market

- January 11, 2024
Sentiments toward the automotive market shifted among dealers, manufacturers, and other industry insiders in accounting and professional services conglomerate KPMG's latest Global Automotive Executive Survey. While current perspectives on the automotive...
New car prices continued to fall in December as auto market conditions shift to favor buyers over sellers.

New car prices dip in December as buyer’s market returns

- January 11, 2024
New car prices continued to fall in December as the automotive market remains on track to hit pre-pandemic norms in the near future. According to Cox Automotive, new vehicle transaction prices...
To address the electricifcation problem, the White House is developing a new solution to support the electrification of transportation.

White House to add 7,500 EV charging ports across the U.S., with $623 million in grants

- January 11, 2024
Range anxiety is becoming more common as electric vehicles (EVs) become more prevalent on American roads. Unlike conventional vehicle owners who can easily find gas stations,  EV owners rely on...
Regarding volume and share, EV sales in the fourth quarter broke records, emerging at 317,168 units and 8.1%, respectively.

U.S. EV sales hit 1.2 million in 2023, Tesla remains market leader

- January 10, 2024
According to estimates from Kelley Blue Book, a subsidiary of Cox Automotive, a record high of 1.2 million American car buyers opted for electric vehicles last year. This marks a...
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