TSLA394.470-10.19%
GM79.450-3.06%
F13.955-0.455%
RIVN16.4400.51%
CYD51.0750.615%
HMC26.240-0.61%
TM173.370-4.82%
CVNA63.120-6.92%
PAG171.730-9.03%
LAD293.060-14.44%
AN185.530-10.33%
GPI304.970-20.63%
ABG190.505-9.315%
SAH77.845-5.805%
TSLA394.470-10.19%
GM79.450-3.06%
F13.955-0.455%
RIVN16.4400.51%
CYD51.0750.615%
HMC26.240-0.61%
TM173.370-4.82%
CVNA63.120-6.92%
PAG171.730-9.03%
LAD293.060-14.44%
AN185.530-10.33%
GPI304.970-20.63%
ABG190.505-9.315%
SAH77.845-5.805%
TSLA394.470-10.19%
GM79.450-3.06%
F13.955-0.455%
RIVN16.4400.51%
CYD51.0750.615%
HMC26.240-0.61%
TM173.370-4.82%
CVNA63.120-6.92%
PAG171.730-9.03%
LAD293.060-14.44%
AN185.530-10.33%
GPI304.970-20.63%
ABG190.505-9.315%
SAH77.845-5.805%


Tesla

Tesla tax credit

In an updated guidance, Tesla is now eligible for $4,000 used EV tax credit

- August 8, 2023
A significant feature of the Inflation Reduction Act is the tax credit for used electric vehicles. The credit, which has a maximum value of $4,000, is available for used EVs,...
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has resigned from his position at the electric vehicle brand.

Tesla CFO steps down amidst falling margins and electric vehicle price war

- August 7, 2023
Zach Kirkhorn, chief financial officer of Tesla and long-time Elon Musk ally, has formally resigned from his position, ending a 13-year tenure at the electric vehicle brand. In a Linkedin post...
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S. EV industry and a price war sparked by Tesla.

Lucid slashes price of its Air sedan due to growing competition

- August 7, 2023
Electric vehicle maker, Lucid, cut prices of its Air luxury sedans by as much as $12,400. The cuts are part of an ongoing offer amid rising competition in the U.S....
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

Weekly roundup: UAW shares member demands, Tesla faces class action lawsuit, Toyota Q2 results

- August 4, 2023
Earlier this week: United Auto Workers president Shawn Fain revealed the list of UAW member demands to the Detroit Three. Three California Tesla owners filed a class action lawsuit against...
Tesla faces a lawsuit for falsely reporting its estimated driving range.

Tesla faces a lawsuit for falsely reporting its estimated driving range

- August 3, 2023
On August 2, 2023, three Tesla owners in California filed a proposed class action lawsuit against the automaker, accusing it of misrepresenting the estimated contents of their electric vehicles. The lawsuit...
Kevin Tynan joins Inside Automotive to discuss the main points of interest from dealership and OEM third-quarter reports.

From disruptor to insider: technology’s impact on Tesla — Kevin Tynan | Bloomberg Intelligence

- August 2, 2023
In recent years many car manufacturers have sought to shed their "old-school" appearances, with companies such as Tesla and Rivian branding themselves as tech startups rather than automakers. But how...
Disapproval of Elon

New survey says the ‘disapproval of Elon’ is driving Model 3 owners to sell their EVs

- July 28, 2023
Since the acquisition of Twitter, Elon Musk has frequently shared his political and social views, as well as controversial conspiracy theories. This has altered people's minds about Musk, and many...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

GM, Stellantis, and 5 other OEMs form JV to build nationwide EV charging network

- July 28, 2023
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and mobility news items into context, in...
Stellantis

Weekly roundup: Stellantis posts record earnings, Tesla’s 7-year financing, new AI solutions from J.D. Power

- July 28, 2023
Earlier this week: Stellantis reported record-breaking earnings of $12.1 billion, a 37% increase in net profit, and a 12% year-over-year revenue growth to $109 billion for the first half of...
Tesla range

Tesla formed a secret team to hide thousands of complaints about driving range

- July 27, 2023
For years, Tesla falsified its range-estimating software to inflate the possible range of its vehicles. The EV maker created algorithms for its range meter to present drivers with "rosy" projections...