Chrysler, Dodge and Jeep® Brand Vehicles Bring Home 19th Annual Vincentric Best Value in America Awards

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Go back to Chrysler, Dodge and Jeep® Brand Vehicles Bring Home 19th Annual Vincentric Best Value in America Awards

Increasing competition and share losses have Bernstein doubting Tesla (TSLA)

February 9, 2023 7:52 AM EST

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA) as electric vehicle makers report 2022 numbers.

2022 was another year strong year for EV growth. Battery EVs grew ~70% from 3.8M to 6.5M, on top of a strong comp of ~110% in 2021. Amid an overall decline in the auto market, BEVs now account for 8.3% of total light vehicle volumes.

Despite unit growth of 40%, Tesla's BEV share actually declined from 25% in 2021 to 20% in 2022, and down ~800 bps from its peak of 28% in 2020.... More

Beep Inc. appoints three new executives in leadership expansion

February 8, 2023 10:20 AM EST

Autonomous mobility company, Beep, Inc. announced Wednesday that the company has expanded its leadership team with the appointments of three new executives to aid in the scalability of their next generation platform.

Katrina Heineking joins Beep as Executive Vice President, Operations, bringing more than three decades of experience in transit systems in the public and private sectors. Prior to joining Beep, Katrina was responsible for helping create and head... More