TSLA358.970-6.47%
GM87.1601.545%
F13.850-0.12%
RIVN15.860-0.17%
CYD35.000-0.82%
HMC32.490-0.03%
TM197.560-0.64%
CVNA70.8651.705%
PAG217.1501.24%
LAD360.2702.25001%
AN205.5901.92%
GPI284.0105.74%
ABG208.9100.41%
SAH76.2900.39%
TSLA358.970-6.47%
GM87.1601.545%
F13.850-0.12%
RIVN15.860-0.17%
CYD35.000-0.82%
HMC32.490-0.03%
TM197.560-0.64%
CVNA70.8651.705%
PAG217.1501.24%
LAD360.2702.25001%
AN205.5901.92%
GPI284.0105.74%
ABG208.9100.41%
SAH76.2900.39%
TSLA358.970-6.47%
GM87.1601.545%
F13.850-0.12%
RIVN15.860-0.17%
CYD35.000-0.82%
HMC32.490-0.03%
TM197.560-0.64%
CVNA70.8651.705%
PAG217.1501.24%
LAD360.2702.25001%
AN205.5901.92%
GPI284.0105.74%
ABG208.9100.41%
SAH76.2900.39%


Tesla

Toyota and Lexus have reached a deal with Tesla to make NACS-compatible models, expanding electric vehicle charging accessibility.

Toyota and Lexus to adopt Tesla’s EV charging standard by 2025

- October 20, 2023
Toyota and its subsidiary Lexus have signed a deal with Tesla to adopt the North American Charging Standard (NACS), joining a growing list of major automakers taking action to improve...
Electric vehicle brands Lucid, Rivian, and VinFast posted financial results this week that underscored the market's current struggles.

VinFast and Yorkville reach $1 billion share deal

- October 20, 2023
In an attempt to finance its international market expansion, American fund Yorkville Advisors has agreed to a share subscription pact of up to $1 billion with Vietnamese EV maker VinFast. VinFast...
Explore this week's automotive industry news: enhanced new car affordability, EV sales surge, industry layoffs, and EPA emissions.

Weekly roundup: New car affordability, EV growth, and layoffs amid UAW actions

- October 20, 2023
Earlier this week: Car buyers experienced improved affordability for new vehicles despite rising interest rates, with Cox Automotive reporting a decline to 42.2 weeks of income as the cost for...
In Q3, Tesla struggled to maintain the momentum it had built in early summer, causing it to miss expectations on revenue and income.

Tesla earnings disappoint, raise questions for Q4

- October 19, 2023
Tesla struggled to build momentum in the third quarter, causing it to stumble on earnings and miss analyst forecasts. From July through September, the electric vehicle company generated $23.4 billion in...
automotive industry news

Tesla is recalling roughly 55,000 Model X vehicles

- October 17, 2023
On October 17, a U.S. auto regulator confirmed that Tesla would recall 54,676 Model X vehicles manufactured between 2021 and 2023 because the car controller failed to detect low braking...
Electric vehicle sales accelerated for legacy automakers in the third quarter, raising new questions about the market's future top players.

Electric vehicle sales race forward in Q3, Tesla market share declines to 50%

- October 13, 2023
Electric vehicle sales accelerated for legacy automakers in the third quarter, raising new questions about the market's future top players. According to Cox Automotive, electric vehicle sales totaled 313,086 between July...

Weekly roundup: UAW strikes Ford’s biggest factory, auto loan trends, Shift Technologies goes bankrupt

- October 13, 2023
Earlier this week: Ford faced an unexpected UAW strike, sending ripples through its Detroit counterparts, GM and Stellantis. Meanwhile, auto loan accessibility witnessed its third consecutive month of improvement. Tesla,...
Tesla has lowered the base leasing prices for its Model 3 and Y by $90 and $100 a month, following a price cut that made the Model 3 the most affordable Tesla to date.

Tesla cuts Model 3/Y leasing prices, braces for 50% tax credit loss

- October 12, 2023
Tesla has lowered the base leasing prices for its Model 3 and Y by $90 and $100 a month, following a price cut that made the Model 3 the most...
Automotive retailing redefined by Amazon and Tesla: insights and strategies for dealerships to navigate the modern landscape.

Navigating the changing tides of automotive retailing: Adapting to the Amazon and Tesla effect

In an ever-evolving landscape where convenience and innovation rule the road, automotive retailing is at a crossroads. Rapid technological advancements and shifting automotive consumer behaviors are contributing to the profound...
After the Austin-based EV maker's most recent price cuts, Tesla's best-selling EVs now directly compete with gasoline cars on price.

Tesla’s price cuts take the lead against average U.S. cars prices

- October 10, 2023
After Tesla's most recent price cuts, the EV maker's best-selling EVs now directly compete with gasoline cars on price. At $38,990, the base Model 3 is $8,700 less expensive than...


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