Tesla Inc

Convertible sales fall in U.S. amid popularity of EVs, SUVs

2024 Ford MustangSource: FordConvertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport utility vehicles.Sales of traditional drop-tops such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the Mazda Miata, have …

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These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout

A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tightening of monetary policy to fight inflation sent the Dow Jones Industrial Average DJIA, -3.94% down 1,276 points (or 3.9%) to 31,104, with all 30 …

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EV makers face cash squeeze amid soaring battery, production costs

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill.Michael Wayland / CNBCIn the transition from gas-powered vehicles to electric, the fuel every automaker is after these days is cold hard cash.Established automakers and startups alike are rolling out new battery-powered models in an effort to meet …

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Ford Mustang Mach-E price hiked by as much as $8,475 due to battery costs

Visitors check on a Ford Mustang Mach-E electric vehicle displayed at a launch event in Shanghai, China April 13, 2021.Yilei Sun | ReutersDETROIT – Ford Motor is hiking the starting prices of its electric Mustang Mach-E crossover by more than $8,000 for some models, as it reopens order banks for the 2023 model year.The company …

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GM, Ford and Dodge electric muscle cars face latest EV transition test

Dodge CEO Tim Kuniskis unveils the Charger Daytona SRT electric muscle car concept on Aug. 17, 2022 in Pontiac, Mich.  Michael Wayland / CNBCPONTIAC, Mich. – At an event featuring headbanging ’80s music and $2 beers this week, Dodge unveiled a concept for its first electric muscle car that included an exhaust system and multi-speed transmission.The features …

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YouTube removes video by Tesla investors using kids in FSD Beta test

Tesla Model 3Source: TeslaYouTube has removed a pair of videos from its platform which showed Tesla drivers conducting amateur vehicle safety tests using their own children in place of mannequins in the road or the driveway. The tests were to determine if a slow-moving Tesla equipped with the company’s latest driver assistance systems would automatically …

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