A near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.
Read More Industry pain abounds as electric car demand hits slowdownTag: Ford
Tesla set to erase $70 billion in valuation after Musk’s sales warning
Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts.
Read More Tesla set to erase $70 billion in valuation after Musk’s sales warningFord recalls 2.24 million Ford Explorer SUVs over trim-retention clips
Ford said it was recalling 2.24 million older Explorer sport utility vehicles because trim retention clips may not be properly engaged.
Read More Ford recalls 2.24 million Ford Explorer SUVs over trim-retention clipsTesla Cybertruck deliveries hostage to battery production hell
One of the main bottlenecks for Tesla is the speed it can make the 4680 batteries used in the Cybertruck with its new dry-coating technology.
Read More Tesla Cybertruck deliveries hostage to battery production hellTesla falls on long wait for Cybertruck payoff, hefty price tag
Tesla shares fell about 2% after the highly anticipated launch of its Cybertruck left analysts concerned about the EV’s steep price tag and a longer wait for significant financial payoff.
Read More Tesla falls on long wait for Cybertruck payoff, hefty price tagStarting at $60,990, Tesla’s Cybertruck is priced 50% higher than initial estimate
Tesla’s long-delayed Cybertruck will be priced starting at $60,990, over 50% more than what CEO Elon Musk had touted in 2019.
Read More Starting at $60,990, Tesla’s Cybertruck is priced 50% higher than initial estimate