Rivian Plant Retooling Paves the Way to Profitability by the End of 2024
8 May 2024, 09:16 UTC · By: Cristian Agatie / Rivian is confident that retooling at its Normal, Illinois, factory will allow a massive cost reduction, paving the way toward profitability by the year's end
Lucid Prepares Affordable Compact SUV for Late 2026 Production, Will It Still Be Around?
7 May 2024, 08:52 UTC · By: Cristian Agatie / Lucid teased the launch of an affordable compact SUV to compete with the Tesla Model Y in late 2026, but it might run out of money by then
Tesla Dodges Questions About the Robotaxi, Teases Ride-Hailing Service Coming Soon
24 Apr 2024, 15:19 UTC · By: Cristian Agatie / Tesla was unusually quiet about the upcoming robotaxi but teased a ride-hailing service based on the FSD software for current models
Tesla Acknowledges Demand Slump, Tries To Energize Sales With New Incentives
4 Apr 2024, 14:35 UTC · By: Cristian Agatie / Tesla posted disappointing quarterly sales that point to a slump in demand and is trying to address the situation with exceptional incentives
Ford Outpaces Industry Average During Q1 of 2024 While GM and Stellantis Falter
4 Apr 2024, 07:57 UTC · By: Aurel Niculescu / According to Motor Intelligence data, the US automotive market industry's average growth during the first quarter of 2024 was of 4.7%
Tesla Posts First Decline in Deliveries in Four Years, Remains EV Market Leader
2 Apr 2024, 15:37 UTC · By: Cristian Agatie / Tesla deliveries recorded an 8.5% decline in the first quarter of 2024 compared to 2023, the first decline since the pandemic caused production halts in Q2 2020