Tesla CEO Elon Musk publicly dismissed a demand to have more oversight of his company in a two-word statement that echoed through social media to Wall Street trading floors. In a direct reply to a sequence of suggestions by Wedbush Securities analyst Dan Ives, Musk wrote on his social media X: Shut up, Dan. The […]
Ford’s making a big move to stay ahead in the electric car race snapping up Auto Motive Power. This deal shows they’re serious about boosting their own tech muscle, especially when it comes to batteries and charging speed. Instead of relying on others, they’ll now build smarter systems from within. With AMP’s help, charging could […]
A long-running clash between Tesla and Swedish worker groups has grown into a major showdown, shaking up the way jobs are handled across Scandinavia. What kicked off with auto techs walking out in late 2023 now pulls in many union players alongside global support moves as Tesla’s resistance to unions runs headfirst into Sweden’s tradition […]
The aviation sector has just seen the end of one of the most complicated and high-stakes legal cases, Airbus and Qatar Airways declared an amicable and mutually agreeable settlement. This agreement, which was published on February 1, 2023, is an indication of the end of the long legal fight that had severely damaged the relationship […]
To most consumers who are thinking of buying an electric vehicle (EV), the prospect of avoiding visiting the gas station and saving money is a significant attraction. Nevertheless, the truth about the cost of EV charging compared to the conventional gasoline fueling is not always as simple as it may seem at first. Although the […]
The automotive industry and especially the electric vehicle industry is usually a dynamic environment to the investors, characterized by high rates of innovation and high levels of risk. Tesla, a market leader in this area, has been enjoying substantial market volatility of late, and its stock price has fallen sharply following the opening bell on […]
It has been a dramatic twist in the American automotive industry with Ford Motor Company and the United Auto Workers (UAW) union having agreed on a tentative labor agreement. Not only does this historic agreement mark the first agreement between the Big Three automobile manufacturers after a six-week strike, but it also sets a new […]
Automotive industry is experiencing a paradigm change, which was triggered by the aggressive pricing of Tesla that has caused a ripple effect in the electric vehicle (EV) market and in the conventional car manufacturers. As of the start of 2023, the company of Elon Musk has drastically adjusted the prices of its flagship models, which […]
EVs are rapidly becoming a viable option to a number of households as they come with sustainability, long-term economic benefits, and unrivaled convenience. As this monumental change has occurred, it is seeing more and more homeowners realizing the great potential behind the idea of having an EV charger at home. It changes the way you […]
The electric vehicle (EV) market, an industry that has been frequently touted as a source of innovative potential and climate change solution, is still going through a turbulent phase with many startups trying to find the minefield between idea and financial feasibility. The latest and high-profile victim of this changing environment is Canoo, an EV […]
