Tesla Inc (NASDAQ: TSLA) customers placing new orders for the new Tesla Model 3, Model S, Model X and Model Y will no longer get the free Standard Connectivity for the lifetime of their cars following a change in the electric vehicle maker’s connectivity policy. Buyers to have eight years only of Standard Connectivity bundle […]
Automobile
Tesla Inc (NASDAQ: TSLA) Reports Record Car Sales From Shanghai Factory In June
Tesla Inc (NASDAQ: TSLA) had announced that it attained the highest monthly sales in June for china-manufactured cars since 2019 when the company opened its Shanghai factory, as the company ramped up production that had been affected by COVID-19 lockdown in the city. Tesla sold 78,906 China-made cars in June According to the China Passenger […]
Tesla Inc (NASDAQ: TSLA) CEO Alludes To Possibility of Bankruptcy: The electric Carmaker Faces Various Problems
Tesla Inc (NASDAQ: TSLA) is facing losses that could run into billions of dollars from its new factories, Covid lockdowns, and supply chain disruptions, prompting CEO Elon Musk to point at the potential of bankruptcy in an interview with a Tesla owners group. Tesla grappling with supply chain disruption Musk said, “The past two years […]
Ford Motor Company (NYSE: F) Sold Rivian Automotive Inc (NASDAQ: RIVN) Shares at a Discount
Ford Motor Company (NYSE: F) reportedly sells its Rivian Automotive Inc (NASDAQ: RIVN) shares at a discount. The company owns about 12% of Rivian. Reports indicate that Ford lost $3 billion from these shares after a big stock decline. Meanwhile, a leaked patent shows that Ford plans to create a technology that would allow drivers […]
Ford Motor Company (NYSE: F) Will Hold an Earnings Conference For its Q1 results
Ford Motor Company (NYSE:F) intends to release its Q1 results on April 27. The company’s CEO and President, Jim Farley and its Chief Financial Officer, John Lawler, will hold an earnings call to discuss its results. Investors are encouraged to call in during the conference to ask their questions. Meanwhile, Ford’s executive chairman, William C. […]
Ford Motor Company’s (NYSE: F) F-150 Lighting Pickup Truck Has 320 Mile Range
Ford Motor Company (NYSE: F) has released the Ford F-150 Lightning pick-up trucks’ range estimates. Its base model will have a 230-mile range, while the extended range is 320 miles. The US Environmental Protection Agency was responsible for coming up with these numbers. The agency tested seven versions of the vehicles and found that the […]
Ford Motor Company (NYSE: F) Stock Value Plunges After It Misses Its Estimates
Ford Motor Company (NYSE: F) which recently announced its quarterly earnings, missed its estimates. Following the announcement, its shares dropped more than they have in two years. Ford also announced that it was up to a slow start this year because of disruption in the supply chain. Analysts had expected the company to earn revenues […]
Ford Motor Company (NYSE: F) Shares Rise Following News of Production Increase for Electric F-150 Lightning Pickup
Ford Motor Company (NYSE: F) shares have closed at their highest level. This rise follows after the motor manufacturers announced their plans to double their production capacity to meet the demand of their latest motor vehicle. The upcoming F-150 lightning electric pickup track has gained the company 12% stock and the title of the number […]
Ford Motor Company (NYSE: F) Receives Two Hundred Thousand Pre-Bookings For Its F-150 Lightning
Ford Motor Company (NYSE: F) announced that it has received two hundred thousand bookings for its F-150 Lightning. Delivery of vehicle to commence from Spring 2022 The F-150 Lightning is the electric version of the group’s best-selling F-Series trucks. The automobile giant announced that the first fleet of vehicles will not be delivered until Spring […]
Ford Motor Company (NYSE: F) Launches its Ford Pro Charging Project and Targets to Sell Over Three Hundred Thousand Electric Vehicles
Ford Motor Company (NYSE: F) has set an ambitious sales target for its electric vehicles. Ford Motor Company, the automobile giant, has focused on its Electric Vehicle (EV) division The automobile giant aims to sell more than three hundred thousand electric vehicles to both its corporate clients and government agencies in the next decade. Ford […]
Ford Motor Company (NYSE: F) and Purdue University Are Creating a Faster Charging Cable for Electric Cars
Ford Motor Company (NYSE: F) and Purdue University are partnering to create a charging cable to recharge electric cars in about the same time it could take to refill gas for a fossil-fueled vehicle. The cable uses a liquid cooling system that converts water into vapor, thus limiting overheating. According to the senior technical leader […]
Toyota Motor Corp (NYSE: TM) CEO Says the Company Will Focus on Hydrogen-powered Engine
Akio Toyoda, the CEO of Toyota Motor Corp (NYSE: TM), was recently in Japan racing a hydrogen vehicle at the Okayama International Circuit. A transformed GR Yaris engine that used hydrogen-powered the car. Toyota claims that the vehicle could save several auto jobs. If the motor is made commercially viable, internal combustion engines could remain […]
Tesla (NASDAQ: TSLA) Was Not Part Of President Joe Biden’s Electric Vehicle Summit
It’s a big surprise to know that Tesla (NASDAQ: TSLA) was not part of President Biden’s electric vehicle summit. Instead, the event was at the White House on Thursday. TSLA is the largest manufacture of Electric Vehicles in the entire world. If not TSLA, then who attended the summit? General Motors Company (NYSE: GM) and […]
Ford Motor Company (NYSE: F) Suffers from Chip Shortage to Slash Vehicle Production at Several Plants in July
Since the beginning of July, Ford Motor Company (NYSE: F) considerably reduced its North American vehicle production due to a shortage of semiconductor chips globally impacting the automobile industry. Ford’s Official statement On June 30, the automaker stated that it would cut the production of cars at eight plants and the six in the United […]
Ford Motor Company (NYSE: F) Receives An Overwhelming Response For Its All-Electric F-150 Truck With 70,000 Reservations
Ford Motor Company (NYSE: F) is triumphant because it received an overwhelming response for its newly designed all-electric F-150 lightning truck with 70,000 reservations. The customers need a refundable deposit of $100 to reserve Ford F-150 electric truck. Launch of all-electric F-150 in the following spring It shows the confidence in the gas-powered F-150, the […]
