- Tesla to lay off an additional 601 employees in California – Reuters
- GM’S Cruise Pays More Than $8 Million in Robotaxi Settlement – Bloomberg
- Renault shifts self-driving focus from cars to minibuses – Autocar
- EU regulators look at Volkswagen’s Luxembourg tax deals: Bloomberg – Reuters
- US Cites Threat of Chinese EVs Made in Mexico as Trade Concern – Bloomberg
- Baidu’s robotaxi unit expects to turn profitable next year – CNBC
- Tesla driver in fatal California crash that killed 3 had suspended license, prior DUI – Mercurynews
- French people are being told to ‘drive like a woman’ to reduce traffic deaths – Autoblog
- China lists 99 NEV models in a government-backed campaign to promote rural sales – Reuters
- Daimler Truck to get new CEO in 2025 – Reuters
- Mercedes -Benz Reportedly Cancels MB.EA-Large EV Platform – Wardsauto
- Uber’s food delivery buy should serve up more consolidation – FT
Wednesday Morning Auto News, May 15, 2024: Tesla to lay off an additional 601. Renault shifts to self-driving minibuses. Cruise settles for $8 mln. More.
Tuesday Morning Auto News, May 14, 2024: Feds probe Waymo robotaxis. Toyota and Nissan develop next-gen EV batteries. SpaceX slow to pay its bills. More.
- US opens probe into Alphabet’s Waymo over performance of self – Reuters
- Toyota and Nissan developing next-generation EV batteries – Axios
- Musk’s SpaceX is quick to build in Texas, slow to pay its bills – Japantimes
- Tesla Stock to Plunge After Robotaxi Interest Fades: ‘Big Short Investor – Businessinsider
- Borrowers Market $9 Billion of Deals Backed by Auto Loans Before CPI Release – Bnnbloomberg
- Stellantis Says China JV To Begin Europe Sales In September – Barrons
- VW I.D. Buzz Entering Tough Market For EVs and Minivans – Wardsauto
- What to expect for Tesla’s Supercharger network now that the team is dismantled – CNBC
- Tesla rehires some Supercharger workers weeks after Elon Musk’s cuts – Mercurynews
- Overcapacity is ‘fake concept’, says international head for major Chinese carmaker – Fortune
- BYD has been frozen out of the U.S. market so it’s debuting its first hybrid pickup truck in Mexico – Fortune
- Stellantis to rapidly grow exports of Chinese EVs to Europe, other countries – CNBC
- China tests EU resolve on export trade fight: podcast – Reuters
- One auto stock is quietly breaking out as Tesla struggles. Citi sees a double from here – CNBC
- Alphabet’s Waymo Probed by US After 22 Autonomous Car Incidents – Bloomberg
- BMW veteran Stefan Richmann replaces Stephanie Wurst as Mini CEO – Automotive News
- Why OpenAI is the first company to be No. 1 on the CNBC Disruptor 50 list two years in a row – CNBC
- China sales rise 9% in April – Just-Auto
Monday Morning Auto News, May 13, 2024: Feds probe Amazon-owned Zoox cars. Hong Kong warns of Elon Musk deepfake crypto scams. China auto exports soar. More.
- US opens probe into Amazon-owned Zoox cars – Reuters
- Hong Kong Warns of Elon Musk Deepfake Crypto Scams – Businessinsider
- Vehicle exports from China soar 34% in April – Chinadaily
- Toyota expects total sales to rise 1 pct to record high in 2018 – Reuters
- 3 dead, 3 injured after Tesla crashes into light poles, building in Southern California – Mercurynews
- Tesla’s Technoking gives lessons on performance reviews – FT
- Investments forecast to hit profits at Toyota – Chinadaily
- Zeekr soars on NY debut – Just-Auto
- Smartphone giant Xiaomi is making a new move on Tesla – Fortune
- Court ends injunction on X over videos of Sydney church stabbing – Guardian
- Investors in Rivian Automotive, Inc. Should Contact Levi & Korsinsky Before June 18, 2024 – Businessinsider
- Jaguar moves upscale with electric GT sedan unveiling for the U.S – Automotive News
- Fisker Adds Three New U.S. Dealer Partners, in California and New Jersey – FT
Friday Morning Auto News, May 10, 2024: Musk too busy for SEC probe, judge not amused. Biden expected to unveil tariffs on Chinese EVs. More.
- Judge Bristles at Idea Musk Is Too Busy for SEC Twitter Probe – Bnnbloomberg
- Joe Biden is expected to unveil tariffs on Chinese EVs. Here’s what that could mean for the sector. – Businessinsider
- US agency opens probe into over 200,000 Ford vehicles on fuel leak risks – Reuters
- Elon Musk Changes Tune on Tesla Superchargers After Mass Firing – Bloomberg
- Alpine reveals hydrogen-combustion sports car with 335bhp – Autocar
- Tesla cuts all but 3 of its 3,400 listed jobs in North America – Businessinsider
- NHTSA probes 6,813 Fisker Ocean crossovers for unexpected automatic emergency braking activation – Automotive News
- NHTSA probes 200,000 Ford Super Duty trucks for risk of fire – Automotive News
- Chinese EV Maker Zeekr Heads for US Listing at Reduced Valuation – Bloomberg
- 2023 Fisker Ocean One 4dr All-Wheel Drive Safety Recalls – Autoblog
- Strong Visuals, Electric Options Feature in Most-Seen Auto TV Ads – Wardsauto
- Ford to assemble 300000 cars a year at spanish plant in Valencia region from 2027 – Reuters
- Honda shifts strategy, seeks to bring EV value chain in-house as earnings climb – Automotive News
- Column: Why does Wall St. value Tesla 40% higher than Toyota? – Automotive News
Tesla: Deutschland, Deutschland unter alles.
April was a good month in Germany. Passenger vehicle registrations jumped one fifth in Europe’s largest auto market. What did people buy? Mostly gasoline-powered cars, sales of the allegedly dead vehicles jumped 18.6% YOY. The second-best seller was hybrid cars, up a strong 26.4%. Battery-electric vehicles weren’t part of the party, BEV registrations flatlined at 0.2%.
For Tesla, April was a disastrous month. The proud owner of a factory near Berlin was down a gut-wrenching 32% YOY in April. Tesla moved only 1,637 units in the month, which landed them among the also-rans, out-sold by the dinosaurs Elon Musk vowed to disrupt.