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 […]

Tough Times for Tesla Inc (NASDAQ: TSLA) After China Suspects Intelligent Cars’ Spying

Tesla Inc (NASDAQ: TSLA) gets cornered yet again in China over spying suspicion. China wants to review its car data regulations to maintain collected data in the country purposefully. Rumors indicate that Tesla is becoming malicious in using the cameras in its vehicles to collect data for spying.  China’s moves China considered the draft regulation […]

Tesla Inc (NASDAQ:TSLA) Ordered To Have Its CEO Pull Down A 2018 Anti-union Tweet

The National Labor Relations Board has criticized Tesla Inc (NASDAQ:TSLA) over labor laws violation. Tesla fired a union activist known as Richard Ortiz, which has caused issues between the company and the National Labor Relations Board. The directives The company’s CEO Elon Musk is also in the spotlight because of his 2018 tweet. The tweet […]

U.S. ITC Casts Blame On Ford Motor (NYSE:F) For Embracing The SK Innovation Battery Deals

The U.S. International Trade Commission (ITC) believes Ford Motor (NYSE:F) was deliberate in pursuing battery deals with SK Innovation. The body said that there was sufficient evidence showing that SK Innovation double-crossed LG Chem when it misappropriated its trade secrets. SK is guilty Reports also indicate that the South Korean electric vehicle (EV) battery maker has […]

Tesla (NASDAQ:TSLA) Opens The Largest Supercharger Station Globally In Shanghai, China With 72 Stalls

Tesla (NASDAQ:TSLA) has opened the largest Supercharger station in the world with around 72 charging stalls barely a month after its beats its record stalls with the Fresno, California station. New Supercharger in Shanghai The company opened the Supercharger station in Jing’an International Centre which is one of the fast-growing districts in Shanghai. The station […]

Iwatani Corporation And Toyota Motor North America (NYSE:TM) Collaborate To Expand Hydrogen-Fuelling Infrastructure In California

Iwatani Corporation’s wholly-owned subsidiary Iwatani Corporation of America and Toyota Motor North America (NYSE:TM) announced that Toyota would support Iwatani’s expansion plans. Iwatani wants to expand the number of retail hydrogen fuelling stations in South California by almost 25%. Expanding hydrogen-fuelling infrastructure in California The expansion will represent a 6,300 KG per day increase in […]

Tesla (NASDAQ:TSLA) Announce Expansion Of Warranty For Repairing Defective Main Computer System In Older Cars

Tesla (NASDAQ:TSLA) has announced a refund to older Model S and Model X cars owners for repairs that owners had to pay out pockets for fixing problems in the main computer. The electric car maker is expanding the warranty coverage to avoid a class action suit or costly recall. Expanded warranty to avoid a class-action […]

Jim Farley, New CEO Of Ford Motor Company (NYSE:F), Vows To Introduce Affordable Cars For Everyone To Own One For Hassle-Free Commuting

The new CEO of Ford Motor Company (NYSE:F), Jim Farley, is committed to rolling out economical cars for everyone. He said the main urgency is to reduce costs, improve quality, and restructure underperforming businesses to turnaround the automotive operations. A break to the rising prices of cars Farley will introduce several operational changes and introduce […]

FBI Arrests A Russian National – Kriuchkov On Charges Of A Plot To Install A Malware On The Internal Network Of Tesla Inc (NASDAQ:TSLA) By Luring An Employee

The FBI agents nabbed Egor Igorevich Kriuchkov, a Russian national, to flee the nation from Los Angeles. Kriuchkov expects to face a prison term of up to 5 years if he is found guilty in the plot to install malware on the internal network of Tesla Inc (NASDAQ:TSLA). On vacation in the US Kriuchkov, who […]

Ford Motor Company (NYSE:F) Buyers Can Test The 2021 F-150 Buyers Through A AR Experience

Ford Motor Company (NYSE:F) has launched new features to allow potential buyers to explore the new F-150 through their phones or tablets through AR experience. The vehicle maker is doing away with dealership experience in the new business model. But even before the coronavirus pandemic, car dealers were not so popular among car buyers. It […]

Tesla Inc (NASDAQ:TSLA) Urges Owners To Help Push For Allowing Charging Payment By kWh

Tesla Inc (NASDAQ:TSLA) is pushing owners in Canada to help push for a new pricing model. The automaker is pushing to be allowed to charge their vehicles by kWh. The company plans to make similar pushes in countries where authorities only charge per minute as opposed to the total energy. There are several markets where […]

Ford Motor Co.’s (NYSE:F) YoY Q2 2020 Sales In China Rebound By 3% As COVID-19 Restrictions Ease

Ford Motor Co. (NYSE:F) car sales in China grew 3% in the June quarter compared to the same quarter a year ago due to strong demand following the easing of coronavirus pandemic restriction. Ford reports a 78.7% sequential growth in sales in China For the US automaker, this will be the first time in almost […]

Marry Barra Of General Motors Company (NYSE:GM) Expects To Run Plants At Full Capacity To Produce Popular Vehicles Soon To Realize Profits In China And Other Nations

CEO of General Motors Company (NYSE:GM) plans to operate all the plants to manufacture EV and derive handsome profits mainly in China because she expects a pickup in demand. She anticipates a recovery in demand for new vehicles despite ongoing coronavirus crisis. Low inventory Several auto plants are closed during coronavirus crisis for two months, […]