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Musk Says Owners Should Get $100 Credit if Tesla (TSLA) Changes Service Appt Times

September 8, 2022 2:07 PM EDT

With electric vehicles becoming prevalent in the world, it stands to reason that most may eventually need maintenance. However, with supply chains still experiencing slowdowns, some Tesla (NASDAQ: TSLA) owners are having to wait.

A recent tweet by a Tesla owner to... More

General Motors (GM) to Develop Platform Targeting Chinese Affluent

September 8, 2022 11:02 AM EDT

An exclusive from Reuters reports today that American carmaker, General Motors (NYSE: GM) is planning to target affluent Chinese consumers with niche, luxury imports using a new direct sales platform called Durant Guild.

Using the platform, the company will host invitation-only events to showcase possible products, open "experience centers" in urban hubs and potentially stage pop-ups at selected sites.

"Durant Guild is not a volume play, but if we do a good job and the products sell well,... More

Tesla (TSLA) Reports Strong August Sales Numbers in China

September 8, 2022 8:02 AM EDT

Tesla (NASDAQ: TSLA) reported their Chinese sales numbers for August selling 76,965 Chinese-made vehicles. According to Reuters, the company nearly tripled its sales from a month ago when scheduled upgrades disrupted most production.

The China Passenger Car Association (CPCA) said the electric carmaker exported 42,463 Model 3s and Model Ys from China last month. In July, it sold 28,217 vehicles and exported... More