GOP Senators challenge 'Buy America' waiver for EV charging stations

Blink (BLNK) names Aviv Hillo to board of directors

July 31, 2023 2:19 PM EDT

Blink Charging (NASDAQ: BLNK) announced Monday that the EV charging company has elected General Counsel and Executive Vice President of Mergers and Acquisitions, Aviv Hillo to the Board of Directors at the Annual Shareholders Meeting on July 24th.

Furthermore, Ritsaart van Montfrans assumed the position of Chair of the Board. The Board of... More

Barclays remains sidelined on Tesla (TSLA), expects modest near-term Cybertruck volumes

July 31, 2023 10:18 AM EDT

Barclays reiterated a Neutral rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $260.00 on the electric vehicle stock as the automaker prepares for the start of Cybertruck deliveries before the end of the year.

Barclays believes that the EV truck market is likely to remain niche for the foreseeable future, with the Detroit 3 (D3) maintaining a dominant position in the pickup market, including the EV truck segment. However,... More

Tesla (TSLA) to cut prices in Hong Kong

July 31, 2023 9:24 AM EDT

The Hong Kong Economic Times reports Monday that U.S. electric automaker, Tesla (NASDAQ: TSLA) will be cutting the prices of multiple variants of their Model 3 and Model Y vehicles in the country starting August 4th.

According to the report, the EV giant will implement... More

Tesla (TSLA) discussing market entry with India investment agency

July 28, 2023 11:44 AM EDT

According to Reuters' Friday report, based on information from "two individuals familiar with the situation," two high-ranking Tesla (NASDAQ: TSLA) executives engaged in discussions with officials from India's investment promotion arm in New Delhi regarding the company's potential entry into the Indian market.

U.S. EV giant has... More

Western OEMs look to cut costs in fight against Chinese EV 'invasion'

July 27, 2023 2:31 PM EDT

French car maker, Renault announced Thursday that the company was aiming to cut its EV production costs by 40%, as growing fears of an "invasion" of cheap Chinese electric cars threaten western automakers.

CFO, Thierry Pieton, expressed that the most effective strategy against price competition is to reduce the company's own development and manufacturing expenses.

Although the goal to decrease costs by 40% is aimed for 2027 and beyond, CEO Luca de Meo stated that the group anticipates considerably lower production costs starting from the latter half of this... More

Tesla (TSLA) suppressed thousands of range complaints using secret 'diversion team'

July 27, 2023 11:09 AM EDT

Reuters released a special report Thursday detailing an investigation into claims that Tesla (NASDAQ: TSLA) manipulated the dashboard displays in its electric vehicles to artificially enhance driving range projections. The report further explains the existence of a "Diversion Team" within the company to cancel range-related service appointments, leading to customer dissatisfaction and range anxiety.

According to the investigation, Tesla began exaggerating its vehicles potential driving distance about a decade ago. However, when the battery fell below 50%, the display would show drivers a more realistic projection of their remaining range.... More

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July 27, 2023 9:53 AM EDT

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EVgo (EVGO) Introduces “Charge Talk” Video Series

July 27, 2023 7:00 AM EDT

EVgo Inc. (NASDAQ: EVGO) (EVgo or the Company), one of the nations largest public fast charging networks for electric vehicles (EVs), announced the launch of Charge Talk, a new video series dedicated to educating current and prospective EV drivers on the latest hot topics and frequently asked questions related to EV charging. The first three episodes are... More

Tesla (TSLA) under investigation by California attorney general over Autopilot safety, marketing - CNBC

July 26, 2023 3:56 PM EDT

Tesla (NASDAQ: TSLA) under investigation by California attorney general over Autopilot safety, marketing - CNBC

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July 26, 2023 2:37 PM EDT

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Tesla (TSLA) EVs deemed security threat, barred from China's University Games

July 26, 2023 2:23 PM EDT

Chinas Summer World University Games are set to begin on August 8th. However, as important Chinese figures such as President Xi Jinping are set to attend, Tesla vehicles are being turned away.

According to several reports, Tesla vehicles are barred from the event as a security measure. Officials are being told by authorities in Chengdu to block Tesla vehicles in... More

Tesla (TSLA) recalls 1,337 vehicles for misaligned cameras

July 26, 2023 1:35 PM EDT

Tesla (NASDAQ: TSLA) has launched a recall for 1,337 2023 Model S, Model X, and Model Y vehicles due to a possible misalignment in the pitch angle of the vehicles' front-facing cameras. The specifics of this recall were outlined in a Safety Recall Report issued by the National Highway Traffic Safety Administration (NHTSA).

According to the Safety Recall... More

Tesla (TSLA) margins hurt the EV maker says Stellantis (STLA) CEO: 'They are entering my world, the world of tight pricing'

July 26, 2023 1:20 PM EDT

Stellantis (NYSE: STLA) CEO, Carlos Tavares spoke during the automakers 2Q earnings call, saying the profitability of rival automaker, Tesla (NASDAQ: TSLA) is declining as the EV giant enters the world of manufacturing and competition.

"They are entering my world, the world of tight pricing, cost competitiveness,... More

Major automakers unite to form new EV charging company in the US

July 26, 2023 11:30 AM EDT

A group of major automakers, including General Motors (NYSE: GM), Stellantis (NYSE: STLA), Hyundai and its Kia affiliate, Honda (NYSE: HMC), BMW and Mercedes Benz, announced Wednesday that they are forming a new company to provide electric vehicle charging in the United States.

The new charging company... More

Automakers Plan Thousands Of EV Chargers In $1B US Push - WSJ

July 26, 2023 9:59 AM EDT

Automakers Plan Thousands Of EV Chargers In $1B US Push - WSJ

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Seven Car Companies Jointly Investing in EV Charging Stations, Sources Say - WSJ

July 26, 2023 9:58 AM EDT

Seven Car Companies Jointly Investing in EV Charging Stations, Sources Say - WSJ

Automaker Investments into Charging JV Total at Least $1 Billion, Sources Say - WSJ... More

Stellantis shares move higher after carmaker posts record sales

July 26, 2023 8:03 AM EDT

Investing.com -- Milan-listed shares in Stellantis NV (BIT: STLAM) rose on Wednesday after the U.S.-European carmaking giant posted record first-half sales thanks in part to strong demand for its electric vehicles.

The maker of popular car models like Jeep and Alfa Romeo reported net... More

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July 25, 2023 4:01 PM EDT

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Elon Musk to appeal loss in SEC case to Supreme Court

July 25, 2023 10:03 AM EDT

By Jonathan Stempel

NEW YORK (Reuters) - Elon Musk plans to ask the U.S. Supreme Court to consider whether the Securities and Exchange Commission overstepped its authority in enforcing a consent decree that he has called a "muzzle" on his free speech.

Musk would be appealing a decision by the 2nd U.S. Circuit of Appeals in Manhattan to uphold the decree, which arose from his August 2018 tweet that he had "funding secured" to take his electric car company Tesla private.

A three-judge panel... More

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July 25, 2023 9:58 AM EDT

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Active options: AMC TSLA AAPL NVDA AMZN NIO BABA AMD

July 25, 2023 4:46 AM EDT

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