Good morning! It’s Friday, April 19, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Tesla’s Stock Is In Freefall It has been an absolutely dismal year for Tesla’s stock price [...]read moreTesla Stock Down 40 Percent Over Last Year, Wiping Away $312 Billion In Market Cap
Good morning! It’s Thursday, April 4, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Canoo’s Money Takes Off Canoo is in a real financial mess [...]read moreCanoo Spent Double Its Revenue On CEO’s Private Jet Flights
Image: Chevrolet After some fiery growing pains, Chevrolet finally announced pricing and another trim for the Silverado EV First Edition RST on Wednesday. Excluding destination charges, the Silverado EV First-Edition RST starts at $94,400. That price is a full $10,600 less than the original $105,000 price Chevy announced for the First-Edition RST two years ago. [...]read moreChevy Cuts Silverado EV RST By $10,600 Before It Goes On Sale, Still Costs Nearly $100,000