A Reuters investigation reveals how the automaker denied responsibility for the failure of parts it knew were defective
Toyota is recalling about 1 million cars and SUVs in the United States due to a possible defect that could cause the passenger airbag to fail to deploy in a crash.
Analysis shows that Tesla has lowered the prices of its electric cars in China more than BYD did for its flagship Han sedan this year.
Tesla operates the largest network of fast-chargers, but other automakers are planning to provide adapters for their EVs.
Investing in electric vehicle stocks presents a lucrative opportunity with the global demand for EVs on the rise. Tesla and BYD are two companies worth considering for long-term success in the industry.
Luxury electric-vehicle maker Tesla (TSLA) held its Cybertruck event several weeks ago at the company’s headquarters in Austin, Texas, during which the futuristic-looking vehicle reached its first batch of customers four years after its debut. While celebrating the company’s new and unconventional Cybertruck pickup, CEO Elon Musk predicted the truck would usher in a new, more exciting future. But depending on who you ask, there will be a range of opinions as to the long-term potential of the Cybertruck and its ability to unlock value or provide Tesla a competitive advantage in the quarters and years ahead. For 2024, Wall Street analysts were forecasting Tesla to show more than $21 billion of revenue growth.
The lower prices comes as people hit the roads in the week leading to Christmas.
Trevor Milton, the founder of Nikola, was sentenced to prison in a fraud case that exposed the excesses in the electric vehicle industry.