Good morning! It’s Thursday, May 2, 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. The Hype Behind Tesla Stock Success In 2023 1st Gear: Elon Musk, Tesla Kill ‘Gigacasting’ Manufacturing Process Tesla [...]read moreAnother Elon Musk Promise Dies As Tesla Scraps ‘Gigacasting’
Photo: Mark Ralston / AFP (Getty Images) There’s rarely ever data to back up the preconceived notions we all hold about how cars look, like how we’ve all been led to believe that police pull over red cars more often than others. However, the data paints an interesting picture when [...]read moreImport Cars More Likely To Receive Speeding Tickets Than U.S. Brands
There’s been a lot of talk about the Tesla Cybertruck having a deep desire to chomp people’s fingers off with its power frunk latch, but no one has been brave enough to stick their fingie in there and find out what happens… until now. So far, we’ve only seen various vegetables and dummy hands get [...]read moreSticking Your Finger In A Tesla Cybertruck’s Frunk Is Still A Bad Idea
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
09 October 2021, Brandenburg, Grünheide: A die-casting tool for the production of metal parts for a Tesla Model Y is seen at a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are due to roll off the production line from the end of 2021. [...]read moreTesla Ditches ‘Gigacasting,’ BMW Changes Names, And We Mourn Oldsmobile In This Week’s Car Culture Roundup
Auto loan debt is at an all time high. While some of the blame for that can be put on things like stubbornly high interest rates and ever increasing car prices, some folks just never learned the kind of financial skills required to make a smart car-buying decision. Take TikToker Blaisey Arnold, who recently revealed… [...]read moreGas Station Night Club, Carolina Squat Trucks And A TikToker’s Dilemma In This Week’s News Roundup
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 [...]read moreTesla Cancels 4 Planned Supercharging Sites In New York Despite Increasing Congestion In City
Generally speaking, Dave Ramsey and his cohorts have a history of giving some terrible and frankly unhelpful advice when it comes to buying a car. However, in this case of a young crypto investor who is “bad at planning,” Ramsey’s buy a cheap car and have no debt approach would have been beneficial. Tesla’s Cybertruck [...]read moreCrypto Bro Who Bought A $51,000 Tesla And Makes $50,000 A Year Probably Should Have Listened To Dave Ramsey
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
Tesla cut 10 percent of its workforce a few weeks ago, and now we’re getting a better look at what sort of severance package its recently laid-off workers are getting. CEO Elon Musk sent an email to impacted employees late at night on April 14 letting them know they were immediately terminated and cut out [...]read moreHere’s How Much Severance Laid Off Tesla Workers Are Getting