Tesla stock drops again amid sluggish sales in China

Tesla stock drops again amid sluggish sales in China

By Anna Domanska - Jun 04, 2021

Tesla stock nosedived Thursday after a report came out claiming that an inside source confirmed new orders are rapidly declining in China, the world’s biggest EV market. Accordin

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Tesla recalls 6,000 vehicles over potentially loose bolts

Tesla recalls 6,000 vehicles over potentially loose bolts

By Anna Domanska - Jun 02, 2021

Tesla Inc. is recalling roughly 6,000 U.S. vehicles because brake caliper bolts could be loose, with the possibility to cause a loss of tire pressure, documents made public on Wedn

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Elon Musk blames supply chain hurdles for Tesla price rise

Elon Musk blames supply chain hurdles for Tesla price rise

By Christy Gren - Jun 01, 2021

The supply chain disruptions of components in the auto industry have led to an increase in the prices of vehicles, claimed Elon Musk in a tweet reply to a query. “Prices incr

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The Viable Option: Petrol vs Hybrid vs EV

The Viable Option: Petrol vs Hybrid vs EV

By Anna Domanska - May 31, 2021

As the world searches for better ways to meet the climate crisis facing it, the most obvious transition that people are demanding is lesser emission of Co2 in the atmosphere, a kno

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Ford reaffirms commitment to EV with a $30 billion spend by 2025

Ford reaffirms commitment to EV with a $30 billion spend by 2025

By Anna Domanska - May 28, 2021

Ford Motor Company topped up its commitment to an electric vehicles future from $22 billion to $30 billion by 2025. The added money will be spent on EV and battery development stra

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Musk sees Russia as possible destination for Tesla factories

Musk sees Russia as possible destination for Tesla factories

By Christy Gren - May 24, 2021

Tesla CEO Elon Musk, while addressing an event in Russia, said that his electric vehicle company was looking at the possibility of opening factories in the country. The 49-year-old

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Hyundai commits $7.4 billion in US investment by 2025

Hyundai commits $7.4 billion in US investment by 2025

By Anna Domanska - May 14, 2021

South Korea’s Hyundai Motor Co., announced on Thursday it will soon start manufacturing electric vehicles in the United States. The automaker plans to produce EVs, upgrade produc

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Tesla to lose millions as Stellantis ends CO2 credit buying deal

Tesla to lose millions as Stellantis ends CO2 credit buying deal

By Anna Domanska - May 07, 2021

Stellantis, the carmaker formed earlier this year by the merger of Fiat Chrysler and PSA, has revealed that it no longer needs to buy emission credits from Tesla, which will result

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Chip shortage forces Daimler to cut factory working hours; will affect 185,000 workers

Chip shortage forces Daimler to cut factory working hours; will affect 185,000 workers

By Anna Domanska - Apr 27, 2021

The world is facing a serious chip shortage, which has affected the auto, smart devices and any other industry that uses semiconductors. The pandemic, the Texas winter storms, and

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