Tesla (NASDAQ: TSLA) investors should prepare for tightening margins as price cuts wage a war between electric vehicle makers, Morgan Stanley said in a note. After reiterating an ‘Overweight’ rating and a $220 price target on the automaker’s stock, Morgan Stanley analysts said that the recent moves by EV makers across the industry to reduce […]
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TotalEnergies, a prominent French gas station chain, has announced it plans to sell its gas station locations in Germany and the Netherlands as it pursues EV charging and hydrogen fueling. One industry that is set for dramatic change with the switch from gas to electric vehicles is the gas station industry. One such gas station […]
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Tesla is testing a new remote test drive strategy in Europe, opening its first gub in Örebro, Sweden. The Tesla test drive experience is as normal as any other, but the company has taken numerous steps over the past few years to reduce contact between people and make the entire experience easier. In 2020 at […]
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Kia has unveiled yet another electric SUV, the EV5, which will first come to China and then make its way to other global markets. Kia and its sister brand Hyundai have been rapidly working on expanding their number of EV offerings globally. Both brands offer two shared fully electric vehicles, the Kia Niro EV / […]
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Car insurance companies are threatening automakers with increasing premiums if they don’t open their EV battery data to third parties. By far, the most expensive part of any electric vehicle is its battery; hence, when an EV gets into an accident, it is the firm thing that is checked for damage. However, with many brands […]
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Ford dealers are beginning to push back and drop out of the Model e electric vehicle sales program. The initiative was launched by the Detroit-based automaker last year in hopes of encouraging dealerships to carry, sell, and deliver EVs. It has not gone according to plan for some. Ford saw mass success when it first […]
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The Lamborghini CEO has announced that the iconic Italian supercar brand will no longer produce ICE vehicles past 2024. While the world of consumer vehicles has quickly pivoted toward EVs, the same cannot be said about the market of vehicles for the ultra-wealthy. Supercars and hypercars remain an ICE-dominated marketplace. However, according to the Lamborghini […]
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In a way, the Tesla Model S Plaid’s track capabilities were honed in the mother of all race tracks, the Nurburgring. Its prototypes were spotted testing in the Nurburgring in 2019, and they inspired their own set of headlines after their performance was observed by German motoring publications. Eventually, the Model S Plaid set the […]
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After a Tesla Model S crashed into construction equipment on Pacific Coast Highway, between Old Newport Boulevard and Riverside Avenue last May, questions were raised about the safety of the vehicle’s Autopilot driver-assist system. Investigators have now concluded that Autopilot was not involved in the tragic incident. The fatal Model S crash took the lives […]
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During a remote taped interview, Sen. Josh Hawley (R-MO) confronted the political editor for St. Louis’ KSDK News, Max Maxwell, about his anti-Elon Musk tweets, which the official described as “vitriolic.” The US senator took issue with Maxwell’s negative posts which were not only about Musk but about the CEO’s supporters as well. The interview, […]
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