- Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion – Automotive News
- Elon Musk gave a vague answer when asked if he plans to step back at Tesla in the next 3 years – Businessinsider
- Robotaxis are not the solution to Tesla’s problems – FT
- Elon Musk is keeping investors’ dreams of a Tesla robotaxi alive – CNBC
- Tesla’s shift on low-cost cars throws Mexico, India factory plans into limbo – Reuters
- Opel’s new flagship Grandland SUV offers more space, EV option – Automotive News
- How Volkswagen plans to conquer the Chinese EV market – Autocar
- FTC Votes to Ban Non-Competes – Bloomberg
- Volkswagen aims to launch 30 EVs in China in next 6 years – SCMP
- Insight: How Volvo landed a cheap Chinese EV on U.S. shores in a trade war – Reuters
- Tesla CEO Elon Musk Is Fixing His Strategic Mistake—in the Nick of Time – Barrons
- Elon Musk escalates feud with Australia over X as spy chief warns of extremism – SCMP
- Germany Arrests 3 Suspected of Passing Secrets to China – New York Times
- Tesla’s Musk Warns Wall Street Autonomous Future Is Main Goal – Bloomberg
- Elon Musk Vague When Asked If He Would Step Back From Tesla in 3 Years – Businessinsider
- Elon Musk needs to stop talking about robotaxis, says Requisite Capital’s Bryn Talkington – CNBC
- Klarna scores major payment deal with Uber ahead of hotly anticipated IPO – CNBC
- HD Hyundai’s Ship Maintenance Firm to Raise $540 Million in South Korea IPO – Wall Street Journal
- New Mini Aceman EV brings 252-mile range for £35,720 – Autocar
Wednesday Morning Auto News, Apr 24, 2024: Tesla income drops, shares pop. Musk vague on his retirement. Robotaxis not the solution. More.
April 24, 2024 By
Tuesday Morning Auto News, Apr 23, 2024: GM beats earnings and sales. Musk hits back at Aussie court. Tesla lays off marketing team months after launching it. More.
April 23, 2024 By
- GM Starts the Year With a Bang, Beating on Earnings and Sales – Barrons
- Elon Musk hits back at Australian court order against X images of stabbing – Guardian
- Tesla lays off its new marketing team months after launching it: report – Businessinsider
- Brazil judge gives X five days to explain alleged non-compliance with court ruling – Reuters
- Australia PM calls Musk ‘arrogant billionaire’ after court orders X to hide church stabbing posts – Reuters
- Exclusive: Injury rates for Musk’s SpaceX exceed industry average for second year – Reuters
- Tesla Consumed by Chaos Amid Stock Slide, Sales Drop and Job Cuts – Bloomberg
- Elon Musk Wouldn’t Be the First Car Company Founder to Flame Out – New York Times
- BYD-owned Fangchengbao brings three new cars to Beijing show – Autocar
- Cadillac’s Lyriq Is Becoming a Dark Horse In the US Electric Car Wars – Bloomberg
- GM beats profit expectations in first quarter, increases guidance for 2024 – The Detroit News
- GM reports first quarter gains and boosts its full-year outlook – Freep
- General Motors beats quarterly results targets, raises forecast – Reuters
Monday Morning Auto News, Apr 22, 2024: Musk’s robotaxi dreams plunge Tesla into chaos. China’s EV price war flares up again. China’s state planner warns: intensified EV price war due to oversupply. More.
April 22, 2024 By
- Elon Musk’s Robotaxi Dreams Plunge Tesla Into Chaos – Bnnbloomberg
- China’s EV price war flares up again after Tesla drops the cost of some models – Fortune
- China’s state planner warns intensified EV price war on oversupply – Reuters
- Elon Musk Says He ‘Would Know’ If There Are Aliens Out There – Businessinsider
- Tesla’s tumultuous week ahead of earnings – Bloomberg
- Tesla slides 3% in premarket, Li Auto sinks 8% as EV makers slash prices amid fierce competition – CNBC
- Chery agrees to Thai production – Just-Auto
- Tesla slashes prices for cars and software after one of its toughest weeks yet – Businessinsider
- Tesla: job losses, plunging share price and uncertainty plague EV giant – SCMP
- Meet the Tesla Diehards Sticking With the Stock Despite Its Disastrous Year – Wall Street Journal
- Elon Musk’s X a ‘factory for trolls and misinformation’, assistant treasurer says – Guardian
- Honda nears deal with Canada to boost EV capacity in Ontario, report says – Automotive News
Friday Morning Auto News, Apr 19, 2024: Mercedes 1st in U.S. with no-hands autonomous car. Tesla to recall 3,878 Cybertrucks. Elon Musk apologizes. Nissan cuts profit estimate. More.
April 19, 2024 By
- Exclusive: Mercedes becomes the first automaker to sell autonomous cars in the U.S. that that don’t come with a requirement that drivers watch the road
– Fortune - Tesla to recall 3,878 Cybertrucks over faulty accelerator pedal, NHTSA says – Reuters
- Elon Musk apologizes after Tesla layoffs for miscalculated severance – Automotive News
- Nissan cuts annual operating profit estimate by 14.5% on lower sales – Reuters
- Daihatsu To Resume All Shipments After Safety Test Scandal – Barrons
- UAW hopeful of watershed union victory at Volkswagen Tennessee factory – Reuters
- Deutsche Bank report questioning Tesla’s Robotaxi ambitions knocks $17 billion off EV maker’s value – Fortune
- Hyundai pauses ads on X over brand safety issues – Reuters
- GM Again Accused of Hiding Transmission Defects Since 2014 – Bloomberglaw
- Hyundai and Toray to collaborate on materials – Just-Auto
- The UAW- Volkswagen Unionization Vote Ends Today. It Matters for Ford, GM. – Barrons
- Japanese Auto Giant Nissan Cuts Sales, Profit Forecasts – Barrons
- Nissan cuts sales and profit forecasts – Japantimes
Thursday Morning Auto News, Apr 18, 2024: Musk stakes fortune on cult. His wealth has crashed. BEV share drops in EU. More.
April 18, 2024 By
- Elon Musk Stakes Fortune on Cult Following Who Made Him Rich – Bloomberglaw
- Elon Musk’s wealth has crashed by over $160 billion from its peak as Tesla’s problems pile up – Businessinsider
- European Car Market Shrank In March As Share Of EVs Falls – Barrons
- This is a ‘fork in the road’ period for Musk and Tesla, says Wedbush’s Dan Ives – CNBC
- Tesla Cybertruck video mocked by off-roaders – Axios
- BEVs Biggest Losers in Europe Car Sales Slump – Wardsauto
- Honda Displays Three New BEVs at Auto China 2024 – Wardsauto
- Europe’s Forvia talking to more Chinese automakers looking to set up in Europe – Reuters
- Toyota Camry Goes Exclusively Hybrid With a New Look and More Technology – Toyota
- Ford’s Work Truck Business Is Defying a Broader Slump in EV Sales – Bloomberg
- Arcfox to Zeekr: Every new car at the 2024 Beijing motor show – Autocar
- New Mazda CX-80: plush seven-seater tops line-up – Autocar
- Renault’s Horse unit begins Power Electronics Box production – Just-Auto
- Ford Mustang Experience Center celebrates pony car fans – Automotive News
- Top Auto Supplier Bosch Targets Gene Testing, Heat Pumps as EV Growth Stalls – Bloomberg
- Exclusive: Mexico, facing US pressure, will halt incentives to Chinese EV makers – Reuters
- Faraday Partners with Arm to Innovate AI-driven Vehicle ASICs – FT
- Tata Motors to use new $1 bln plant to make Jaguar Land Rover cars, sources say – Reuters
- Tesla says 300 subcontracted workers let go in Germany – Reuters