Tag: Electric car

Tesla Lays Off Lowly Paid Interns Weeks Before Summer Starts

Good morning! It’s Friday, May 3, 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: Interns Are Tesla’s Latest Cost-Cutting Victims It’s a stressful time for anyone with a job at [...]read moreTesla Lays Off Lowly Paid Interns Weeks Before Summer Starts

Tesla Cancels 4 Planned Supercharging Sites In New York Despite Increasing Congestion In City

Image: Hauke-Christian Dittrich (AP) Tesla’s latest round of layoffs have left both the auto industry and company stock holders shook. Falling sales have forced the automaker to cut 10 percent of its total staff. Its left broadsided workers confused as they try to make heads or tails of severance packages that look to be pretty [...]read moreTesla Cancels 4 Planned Supercharging Sites In New York Despite Increasing Congestion In City

Automakers Keep Killing Off Small Cars Despite Eventually Regretting It

The EV revolution has hit a stumbling block. Sure, sales are technically rising, but they’re not rising anywhere near as quickly as projected. Automakers like Ford are losing big on each vehicle sold, with losses totaling in the billions — and now, The Verge reports that Ford is starting to wonder if maybe it should [...]read moreAutomakers Keep Killing Off Small Cars Despite Eventually Regretting It

VinFast Is Burning Through Its Founder’s Cash At An Alarming Rate

Good morning! It’s Friday, April 26, 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: ViFast Handed Another $1 Billion Vietnamese automaker VinFast is really trying to get itself taken seriously [...]read moreVinFast Is Burning Through Its Founder’s Cash At An Alarming Rate

Weekend News Roundup April 27, 2024

Things are not going well at Tesla right now. The stock is down more than $100 per share year-to-date, as many as 20,000 people are set to lose their jobs, the Cybertruck keeps breaking, operating profit is expected to be down 40 percent when it’s announced later today and the $25,000 electric vehicle that Tesla [...]read moreWeekend News Roundup April 27, 2024

EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

Electric vehicles are seeing huge discounts right now, but those new lower prices are still not enough to get folks to, y’know, buy them. Now, an ever-more-bloated EV inventory is pushing automakers and dealers to slash prices even further. Five-figure price discounts are no longer out of the question. Even EVs Can’t Get A Break [...]read moreEVs Are Still Too Expensive For Buyers, Despite Huge Discounts

Ford Slashes F-150 Lightning Price To Reignite Sales

Good morning! It’s Friday, April 12, 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. Ford Is Gearing Up To Make A Lot More F-150 Lightnings 1st Gear: Ford Cuts Up To $5,500 [...]read moreFord Slashes F-150 Lightning Price To Reignite Sales

Increasing EV Adoption Is Already Cleaning Up San Francisco’s Air Quality

With hurdles like EV affordability and charging access, EV adoption still has a long way to go in the U.S. Skeptics are continuously concerned with whether or not EVs actually do anything for the environment. Now we have some localized evidence of at least one benefit; cleaner air. Even EVs Can’t Get A Break From [...]read moreIncreasing EV Adoption Is Already Cleaning Up San Francisco’s Air Quality

Some Hero Bought A Brand New 2021 BMW i3 This Year

Photo: BMW The end of the first quarter of 2024 means we get a look at some of the oddities automakers sold in the first three months of this year. Usually, it’s pretty uneventful, but sometimes you get a little gems. Take BMW’s Q1 report for example. It’s all pretty run-of-the-mill until you notice a [...]read moreSome Hero Bought A Brand New 2021 BMW i3 This Year