Tag: EV news
Elon Musk must comply with SEC settlement on tweets, appeals court...
On May 15, an appeals court ruled that Elon Musk couldn't back out of a settlement he made with securities regulators after his 2018...
Tesla allowed to operate dealerships says Delaware Supreme Court
On May 15, The Delaware Supreme Court reversed a 2022 decision blocking Tesla from operating its own dealerships in the state.
The electric vehicle brand...
Hacker reveals Tesla is tracking driver behavior to measure drowsiness
Tesla will now analyze driver behavior to measure drowsiness, even when assistance software such as Autopilot and the Full Self-Driving (FSD) Beta are disengaged.
The...
OEMs want to transform the car business: Should dealers be worried?...
Automakers are pushing for sweeping changes to way vehicles are sold, but how do franchisees factor into their plans? On this episode of Inside...
Elon Musk names Linda Yaccarino as new Twitter CEO
Tesla chief Elon Musk named Linda Yaccarino, NBCUniversal's former advertising chair, as the new Twitter CEO on Friday, May 12, months after promising to...
Polestar delays SUV release to 2024, cuts workforce by 10%
On May 11, Swedish EV maker Polestar trimmed its full-year production guidance to between 60,000 and 70,000 vehicles, claiming that its Polestar 3 SUV...
OEMs actively discussing affordability, expect to see discounts and incentives
Multiple automakers are signaling the return of incentives as they consider options to address rampant unaffordability in the current car market.
In comments made to...
Why it’s challenging to find EVs at a dealership right now
In today's market, finding an EV in dealers' stock to test-drive and buy is tricky. On May 8, the Sierra Club revealed its latest...
Rivian slows Q1 losses, eyes profitability by 2024
Rivian ended the first quarter with a smaller loss than last year thanks to greater revenue and successful cost-cutting measures.
The electric vehicle manufacturer saw...
Toyota forecasts higher profits in 2024 buoyed by EVs and increased...
Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials.
The...