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Toyota (TM) to outline 3-year EV strategy changes to suppliers

December 12, 2022 11:37 AM EST

Toyota Motor (NYSE: TM)
Reuters reports today, citing two people with knowledge of the situation, that Toyota (NYSE: TM) is expected to outline adjustments to its electric vehicle strategy to key suppliers early next year, as... More

Tesla (TSLA) to suspend Model Y production in China through end of year

December 9, 2022 10:59 AM EST

Reuters reports today, citing an internal memo and people with knowledge of the matter, that Tesla (NASDAQ: TSLA) will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1.

The interruption of assembly at the end of the month would be part of a cut in planned production of about 30% in the month for the Model Y,... More

Tesla’s (TSLA) Elon Musk tasks top China executive to aid ramp at Texas gigafactory

December 8, 2022 2:38 PM EST

According to a late Wednesday report by Bloomberg, Tesla (NASDAQ: TSLA) CEO Elon Musk has asked longtime executive and the company's president in China, Tom Zhu, to help run the carmaker's new plant in Austin, Texas as the facility prepares to ramp... More