Tags: EV
Tesla Reportedly Ends Low-Cost Car Plans Due to Strong Chinese EV Competition
Tesla has reportedly ended its plans for a low-cost vehicle, a move attributed to the formidable competition posed by Chinese EV manufacturers.
EV Startup Canoo Reports $302 Million Loss in 2023 as CEO's Private Jet Bills Soar
Canoo, an EV startup, faced scrutiny as it reported CEO Tony Aquila's private jet expenses of $1.7 million, surpassing its revenue of $886,000 in 2023, amid a $302 million loss.
Warren Buffett-Backed BYD Profit Surged 80% in the Year China's EV Giant Overtook Tesla
China's BYD, backed by Warren Buffett's Berkshire Hathaway, has announced a profit increase of over 80% in its first set of annual earnings after stealing Tesla's crown as the world's top seller of electric vehicles (EVs).
Fisker Trading Suspended as NYSE Takes Steps to Delist EV Firm
The New York Stock Exchange said it would immediately stop trading shares of EV startup Fisker and remove the business from its platform.