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Hyundai and Kia to adopt Tesla (TSLA) NACS charging connection

Tesla (NASDAQ: TSLA) received news Thursday morning that Hyundai and Kia have decided to embrace the North American Charging Standard (NACS) for their electric vehicles in the United States and Canada.

This move makes them the latest additions to a growing list of companies making the transition, following Honda's decision to adopt NACS in... More

NHTSA holds public hearing to recall 52M air bag inflators

Officials from the U.S. National Highway Traffic Safety Administration (NHTSA) Thursday recommended the government mandate a recall of 52 million air bag inflators manufactured by ARC Automotive and Delphi Automotive.

The regulators believe the inflators pose a potential risk of rupturing and ejecting metal fragments.

The NHTSA held a rare public hearing on the matter, which could trigger one of the most extensive recalls in U.S. history.

Delphi Automotive, which is a part of Autoliv (NYSE: ALV), produced approximately 11 million of these... More

Judge denies re-trial in Tesla (TSLA) racial harassment case

U.S. District Judge William Orrick, on Wednesday ruled against ordering a third trial in a race discrimination lawsuit filed against Tesla (NASDAQ: TSLA).

The decision came in response to allegations made by a former Black factory worker, who claimed that the... More

China criticizes EU following formal launch of EV subsidy probe

China raised concerns on Wednesday about the very limited time it was given by the European Union for talks regarding the EU's investigation into subsidies for electric vehicles.

These comments came as the European Commission officially started looking into whether to impose tariffs to shield EU manufacturers from a flood of cheaper Chinese electric vehicles that are believed to benefit from state subsidies.

The... More

Warren Buffet-backed BYD closing in on Tesla (TSLA) EV sales

Tesla's (NASDAQ: TSLA) underwhelming third-quarter delivery figures have opened a door for its nearest competitor, BYD, the Chinese electric vehicle juggernaut backed by Warren Buffett's Berkshire Hathaway, to potentially claim the top spot in the electric car market rankings.

Last quarter, Tesla managed to sell... More

Tesla (TSLA) brings back rear-wheel Model Y at discounted price

Tesla Inc. (NASDAQ: TSLA) has reintroduced the rear-wheel-drive version of its Model Y crossover in the United States, following a third-quarter delivery report that didn't meet Wall Street's projections.

The Model Y, introduced for deliveries in March 2020, remains the top-selling model for the... More