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Tesla (TSLA) to temporarily halt some production to upgrade Shanghai factory

February 15, 2023 9:25 AM EST

Bloomberg reports Wednesday, citing people familiar with the matter, that Tesla (NASDAQ: TSLA) will temporarily halt some production at the companys Shanghai factory until the end of February. The interruption facilitates the companys plans to upgrade the factory to start rolling... More

White House says Tesla (TSLA) will open U.S. charging network to rivals in $7.5b federal program

February 15, 2023 8:25 AM EST

UPDATE: updated for quote attribution

President Bidens administration announced Wednesday morning that Tesla (NASDAQ: TSLA) would be opening part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to electrify the nation's highways. A move that could push the electric vehicle company towards becoming the universal filling... More

Barclays says Rivian (RIVN) is 'the closest to Tesla' initiates coverage at Overweight

February 15, 2023 7:59 AM EST

Barclays initiated coverage of Rivian (NASDAQ: RIVN) with an Overweight rating and a $28 Price Target as analyst Dan Levy believes that the electric automaker is positioned to take solid share in the inflecting North American EV market.

Levy wrote in a note, We are hard pressed to see any company in the... More

New York Tesla (TSLA) employees announce campaign to form union

February 14, 2023 2:02 PM EST

Tesla (NASDAQ; TSLA) employees in upstate New York announced in a letter to management early Tuesday that the group plans to launch a campaign to form a union. The union, if formed, would be a first for Tesla, which up until now has managed to avoid unionization at its U.S. facilities unlike other major... More

Ford (F) announces $3.5B investment to build New LFP Battery Plant in Michigan

February 13, 2023 2:10 PM EST

Ford Motor Company (NYSE: F) announced today that the American automaker is investing $3.5 billion to build the countrys first automaker-backed LFP battery plant in Michigan, offering customers a second battery technology within Fords EV lineup.

The BlueOval Battery Park Michigan plant, as its being called, will initially employ 2,500 people when production of LFP batteries begins in 2026. Ford also has the option to further grow its battery capacity at its Marshall, Michigan, plant, which will be part of a wholly owned Ford subsidiary.

We are committed to... More

Tesla (TSLA) critic runs Super Bowl ad against full-self driving

February 13, 2023 12:23 PM EST

A tech chief executive spent hundreds of thousands of dollars on a Super Bowl commercial warning about Tesla's (NASDAQ: TSLA) self-driving technology.

Dan O'Dowd, the Green Hills Software CEO, ran a 30-second ad calling for the ban of Tesla's Full-Self Driving feature, his latest attack on Elon... More