- Elon Musk sells another huge chunk of Tesla shares – CNBC
- Tesla stock drops as concern about Elon Musk’s Twitter focus grows – Washington Post
- SpaceX Director Tells Twitter Staff to Show Empathy for Musk: Report – Businessinsider
- China’s EV Exports Won’t Be a Mostly Tesla Story for Much Longer – Bloomberg
- Ford, CATL mull battery plant in Mich. amid U.S.-China tensions, report says – Automotive News
- Elon Musk sells $3.6B worth of his stake in Tesla – Automotive News
- Google Built-In lets Honda prepare for over-the-air updates – Automotive News
- VW, Toyota help Europe sales grow by 17% in November – Automotive News
- BMW M testing quad-motor EV prototype – Autocar
- New Lotus Type 133 luxury saloon ramps up for 2023 reveal – Autocar
- VW Sees Growing Challenges Next Year on Inflation, Downturn – Bloomberg
Archives for December 2022
Thursday Morning Auto News, Dec 15, 2022: Musk sells another huge chunk of Tesla shares, stock tumbles. SpaceX Director Tells Twitter Staff to Show Empathy for Musk. More.
Wednesday Morning Auto News, Dec 14, 2022: Musk no lomger world’s richest, drags Twitter down. VM shakes up leadership. More.
- Elon Musk is no longer the world’s richest man, despite his $181 billion fortune – Fortune
- Volkswagen Group announces major strategic reshuffle – Autocar
- Elon Musk Tesla Prediction for Epic End of Year Misses the Mark – Bloomberg
- VW Group promotes Audi, Porsche execs to top roles – Automotive News
- Musk Drags Twitter Down a Dangerous Rabbit Hole – Washington Post
- Exclusive: Musk’s banks to book Twitter loan losses, avoid big hits – Reuters
- Elon Musk’s Twitter isn’t paying its bills for office rent – Axios
- Monkey deaths at Musk’s brain-implant firm stir calls for FDA bans – Washington Post
- Edmunds answers the top 5 questions for new EV buyers – Washington Post
- Aston Martin hires former McLaren exec as Europe chief – Automotive News
- Here’s how Elon Musk is changing what appears on your Twitter feed – Fortune
Tuesday Morning Auto News, Dec 13, 2022: White House slams “disgusting” Musk. Geely’s Zeekr goes public. More.
- White House says Musk’s condemnation of Fauci is ‘dangerous’ and ‘disgusting’ – Reuters
- Geely’s premium electric car brand Zeekr files for U.S. IPO – Reuters
- Musk’s $5.7 billion mystery gift went to his own charity – Automotive News
- Tesla will face stock buyback pressure from activist investors next year after shares get cut in … – Businessinsider
- Berkshire Hathaway sells $34.4 mln worth of shares in China’s BYD – Reuters
- Twitter dissolves Trust and Safety Council – Reuters
- Musk says Twitter Basic Blue to slash ads by half – Reuters
- Volkswagen and Italy’s Enel launch joint venture for high-speed charging – Reuters
- Volkswagen Sees Slower EV Sales in Europe on Higher Energy Prices – Bloomberg
- Uber launches robotaxis but driverless fleet Is ‘long time’ away – Automotive News
- Tesla Stock Has Never Been This Cheap — And It Could Still Drop Further – Bloomberg
- The HMI ‘revolution’ – Just-Auto
- BMW i3 is EV cult classic in U.S. – Automotive News
- Chrysler parent Stellantis recalls 1.4 million pickup trucks over tailgate issue – Reuters
- Hyundai inks fuel cell refuse trucks contract – Just-Auto
Monday Morning Auto News, Dec 12, 2022: Another delay in Toyota’s EV plans. De Meo heads ACEA. More.
- Exclusive: Toyota to outline 3-year EV plan changes to suppliers – Reuters
- Renault Group CEO Luca de Meo to lead ACEA – Autocar
- 2022 Ford F-150 Lightning Pros and Cons Review: The Revolution Will Be Driven – Motortrend
- The Twitter account that tracks Elon Musk’s private jet has been shadowbanned, its owner says – Businessinsider
- Mercedes Benz plans euro 1.3 billion e-van plant in Poland – Washington Post
- U.S. completes $2.5 billion loan to GM, LG battery joint venture – Automotive News
- Ford F-150 Lightning: All-Electric Pickup Truck, Engine Is Future of US Economy – Businessinsider
- Rivian puts Europe electric van plan on hold – Just-Auto
- Gig Workers, Prop. 22 Backers Resume War Over Initiative’s Fate – Bloomberglaw
- Italian auto groups’ worker contract talks to run into January – Reuters
- GM joint venture gets $2.5B loan to build battery plants – Washington Post
Friday Morning Auto News, Dec 09, 2022: Musk Open to Buying Substack. Tesla suspends Shanghai Model Y output. More.
- Elon Musk Is Open to Buying Publishing Platform Substack – Businessinsider
- Tesla to suspend Model Y output in Shanghai in last week of Dec-memo – Reuters
- Volkswagen AG creates the largest charging network in Europe with Elli – Volkswagenag
- Elon Musk’s Twitter Debacle, Margin Loans Drag Down Tesla – Bloomberg
- Elon Musk’s Twitter antics tarnish Tesla, analysts say – Automotive News
- Tesla on its troubled Full Self-Driving technology: It’s a failure but not fraud – LATimes
- Tesla Board ‘Missing in Action’ With Musk Distracted, Shareholder Says – Bloomberg
- This is how Elon Musk will kill Twitter – Fortune
- Tesla Aims to Make Its EV Chargers the U.S. Standard. Here’s How. – Wall Street Journal
- BYD wants to build EV plants in Europe – Just-Auto
- GM battery plant workers vote to unionize, a key win for labor as industry shifts to EVs – CNBC
- Tesla to Suspend Output at China Factory Later This Month – Bloomberg
- Twitter to Give Companies More Control Over Ads, Reuters Says – Bloomberg
- Mercedes-Benz Commits to Making Electric Vehicles in Thailand – Bloomberg
Thursday Morning Auto News, Dec 08, 2022: Tesla to Shorten Shanghai Factory Shifts, Delay New Hires. BYD Considers US Battery Plant. More.
- Tesla to Shorten Shanghai Factory Shifts, Delay New Hires – Bloomberg
- Musk taps Tesla’s China chief to run Texas gigafactory – Reuters
- BYD Considers US Battery Plant, Refrains From Selling EVs After Biden Inflation Act – Bloomberg
- Democratic lawmakers ask Musk for info on possible Chinese manipulation of Twitter – CNBC
- Tesla drafts in expert to ramp up Texas production, report claims – Autocar
- Musk’s Spat With San Francisco Could Spur Twitter Relocation – Bloomberg
- Leaked email reveals Tesla -wannabe Lucid is worried over canceled orders — and will call … – Businessinsider
- UK watchdog fines BMW after failure to meet information request – Reuters
- Bentley orders slump in China as lockdowns cost it customers – Automotive News
- GAC’s Ride Hailing Firm Ruqi Is Said to Pick Banks for HK Stock Market IPO – Bloomberg
- China’s CATL to provide EV batteries for Honda starting in 2024 – Reuters
- China sold 1.67 mln passenger cars in Nov, down 9.5% y/y – Reuters
Wednesday Morning Auto News, Dec 07, 2022: SF mayor looks into Musk’s bedrooms. Feds open safety probes into Honda, Jeep, Ram vehicles. More.
- Elon Musk Slams San Francisco Mayor for Probe of Bedrooms at Twitter – Bloomberg
- U.S. agency opens safety probes into Honda, Jeep, Ram vehicles – Reuters
- Volkswagen to invest $482 million in electrifying Wolfsburg plant – Reuters
- Tesla Offers China Buyers Further Subsidies to Boost Electric Car Sales (TSLA) – Bloomberg
- Tesla offers additional discount to Chinese buyers on some models – Reuters
- Musk Says Twitter Legal Executive Was ‘Exited’ From Company – Bloomberg
- Volkswagen ID Buzz earns five-star NCAP score ahead of new rules – Autocar
- Edmunds: 2023 Lexus RX 350 versus 2022 Mercedes-Benz GLE – Washington Post
- Uber, Motional launch robotaxi service in Las Vegas – Reuters
- Uber Rolls Out Robotaxis Even as Self-Driving Car Hype Wanes – Bloomberg
- Tesla Starts EV Sale in Thailand in Challenge for Chinese Rivals – Bloomberg
- Elon Musk Brings in Cousins, Confidants, and Bari Weiss to Twitter – Businessinsider
- Elon Musk’s SpaceX unveils Starlink-like satellite service for governments called ‘Starshield’ – Businessinsider
BEV sales explode in Germany
Sales of electric vehicles have been strong in Germany for a while, but in November, it was a veritable BEV-boom. Registrations of new battery-electric vehicles rose 44% in November year-on-year, for a share of 22.3%. Don’t get used to these numbers. Come January, Germany’s generous BEV subsidies will be a little less generous. It’s not so much a run on electric cars, but a run on government money, with a hangover expected for January.
For the month of November, Tesla is in second place behind Volkswagen, but it still fails to disrupt the dinosaurs. More than 80% of all BEVs sold in Germany come from legacy carmakers.