Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.
Automotive
Honda to Spend $11 Billion to Build New EV Factories in Canada
Honda Motor is planning to invest $11 billion in Ontario, Canada, to build a comprehensive electric vehicle (EV) value chain.
Toyota Teams Up With China's Tencent to Attract Younger Drivers in the Era of AI
Toyota has partnered with Tencent to attract younger drivers in China. Japanese automaker Toyota has announced a partnership with Tencent, a Chinese social media and gaming giant, as it tries to appeal to the tech-savvy younger demographic.
Tesla Car in Autopilot Mode Hit and Killed Motorcyclist Near Seattle, Raising Questions About the Tech's Safety
Tesla's Autopilot driving system raises safety concerns after a tragic car crash near Seattle that hit and killed a motorcyclist.
Elon Musk's Tesla Expects to Incur Expenditures of Over $350 Million as Result of Mass Layoffs
Elon Musk's Tesla is poised to incur more than $350 million in expenses in the second quarter due to the mass layoffs that started last week.
Latest News
Toyota recalls 135k Prius in Japan due to rear door handle issue. No accidents were reported. Production was halted, and orders were suspended.
Governors of six Southern states have warned workers against joining the United Auto Workers (UAW) union in an effort to stop unionization in their states' auto factories.
Honda unveils plans for six next-gen EVs under the 'Ye' brand by 2027. It is targeting China market dominance amid rising competition and aiming for 100% EV sales by 2035.
Two Tesla executives, Drew Baglino and Rohan Patel, are stepping down from their posts after the company announced steep layoffs.
Elon Musk dropped Tesla FSD's price to $99 per month after the EV maker offered free one-month trial.
Analysts explained that Elon Musk does not need the Tesla robotaxi. What does the billionaire need to solve his EV problems?
NHTSA is investigating the Ford Bronco and Escape recalls due to a fuel leak risk from cracked injectors. Safety concerns persist despite remedies offered; no injuries were reported.
Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.
Senator Sherrod Brown asked President Joe Biden to exclude Chinese-made EVs from the US market. The chair of the Senate Banking Committee urged President Joe Biden on Thursday, Apr.
