The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
A big selloff in tech stocks on Monday was dragging down a host of shares, including electric-vehicle makers such as Tesla.
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday as some expect the cheaper car to help the company hit its goal to increase deliveries by up to 30% this year.
Shares of Nvidia, Broadcom, and ASML slump as China’s DeepSeek threatens the companies’ dominance in artificial intelligence, and Tesla falls ahead of earnings from the electric-vehicle giant later this week.
The new Model Y brings redesigned front and rear lights, as well as an updated sound system with additional speakers and a retuned suspension system.
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall transaction price near a record.
DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S.
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
Tesla investors will look for more details on the car maker's lower-priced model when it reports quarterly results on Wednesday as some expect the cheaper car to help the company hit its goal to increase deliveries by up to 30% this year.
Tesla’s (TSLA) eye-watering post-election rally may soon resume. The stock, which has rocketed a staggering 65% since Nov. 5, has taken a breather in recent weeks, as worry over slowing demand trends and a rollback of pro-EV policies raised fears of near-term financial performance.
The Autonomous Revolution Has Arrived: 2 Businesses Reshaping the $15.7 Trillion Market for Artificial Intelligence (AI)