TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%
TSLA404.660-6.49%
GM82.510-1.555%
F14.430-0.34%
RIVN15.930-0.75%
CYD50.460-1.37%
HMC26.850-0.12%
TM178.190-2.03%
CVNA70.0101.11%
PAG180.7600.695%
LAD307.500-1.02%
AN195.8602.47%
GPI325.600-0.14%
ABG199.8200.27%
SAH83.650-0.06%


Tesla

Tesla's Cybertruck recall for faulty accelerator pedal. 

Faulty accelerator pedal prompts recall of Tesla’s Cybertruck

- April 19, 2024
On Friday, April 19, the National Highway Traffic Safety Administration (NHTSA) issued a recall for Tesla's Cybertruck, Elon Musk's acclaimed 'best product ever ', due to a faulty accelerator pedal.  According...
In this week's top automotive stories, Tesla plans to lay off 10% of its workforce and Mexico refuses to give Chinese car makers incentives.

Automotive weekly roundup: Tesla layoffs, governors protest unions, Mexico refuses incentives

- April 19, 2024
Earlier this week: A leaked internal memo reveals that Tesla will lay off 10% of its global workforce after quarterly sales declined. New car inventory levels continue surging as the...
Tesla share prices continued to decline this week as shareholders grow increasingly worried over the company's future.

Tesla share price continues to plunge as Q1 earnings report looms

- April 17, 2024
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of its global workforce, dragging the brand's...
China's EV industry is driving a surge in ship orders, suggesting it could have the world's fourth-largest fleet of car carriers by 2028.

Automotive weekly roundup: Tesla settles lawsuit, auto credit availability improves, China’s aggressive EV push

- April 12, 2024
Earlier this week: Toyota has taken over testing at subsidiary Daihatsu after investigations revealed evidence of cheating on safety certifications for years. Reports of improving affordability and lower car prices...
On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E models form 2023 and 2024

Ford offers Tesla owners up to $10K in savings on the Mustang Mach-E

- April 11, 2024
On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E, including the 2023 and 2024 Mustang Mach-E and the Mach-E rally model,...
Leading up to the settlement, Tesla argued that the driver had been playing a game on his phone before the crash.

Tesla settles Autopilot lawsuit over 2018 crash that killed Apple engineer

- April 9, 2024
Tesla has settled a highly publicized lawsuit over the death of Apple engineer Walter Huang, who crashed his Model X while using Autopilot in 2018. The surprise settlement arrived just before...
Tesla said it will unveil a robotaxi later this year, following a report claiming its affordable Model 2 project had been cancelled.

Tesla sets date for robotaxi debut following Model 2 cancellation claims

- April 8, 2024
Tesla is building a robotaxi, according to company CEO Elon Musk. The self-driving vehicle will apparently make its debut this August, according to a short post published Friday, April 5, by...
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on hybrids

- April 5, 2024
Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking the first year-over-year decline since 2020....

Tesla faces EV competition amidst calls for a European alliance against Chinese dominance

- April 3, 2024
The competition in the electric vehicle (EV) market is on the rise. As Tesla is set to announce its first-quarter delivery data, there are growing concerns about competition from Chinese...
Tesla sales declined in the first quarter for the first time in four years, underlining the impact of cooling electric vehicle demand.

Tesla posts disappointing Q1 sales under weakening EV demand

- April 3, 2024
Tesla posted first-quarter sales on Tuesday, with disappointing forecasts and a sharp decline in deliveries that underline the impact of the electric vehicle market's demand cooldown. Analysts initially expected Tesla to...