Elon Musk Says Disney's (DIS) Bob Iger Should be Fired

Ford (F) to cut F-150 Lightning production by 50% in 2024

Automotive News reports Monday that Detroit automaker, Ford Motor (NYSE: F) has sent a memo to suppliers with plans to cut production on the companys F-150 Lightning electric pickup truck by half in 2024.

"Changing market demand," was the reasoning given for the steep pullback.

The announcement... More

Nordic pension funds urge Tesla (TSLA) to respect collective bargaining

Four Norwegian pension funds revealed Monday that a group of funds from the Nordic region will, later this week, send a letter to U.S. electric carmaker, Tesla (NASDAQ: TSLA) urging the EV company to respect collective bargaining for its employees.

Tesla has attracted criticism from unions and several pension funds in the area due to its rejection of the Swedish... More

China says revised NEV tax incentives ensure 90% eligibility for EVs

China's industry ministry announced Monday that over 90% of the countrys existing new energy vehicle (NEV) models will maintain eligibility for tax incentives on purchases, thanks to updated technical criteria.

According to a statement from the Ministry of Industry and Information Technology, the technical criteria for new energy... More

Tesla (TSLA) China plans to build auto research center in Thailand as EVs gain popularity

Thailand revealed Friday that China is planning to establish a China Automotive Technology and Research Center (CATARC) in the region, the fourth such facility in the world.

Tax incentives and subsidies offered by the Thai government have successfully attracted Chinese car manufacturers such as BYD and Great Wall... More

Tesla (TSLA) Model Y sold out in China till end of year

Tesla's (NASDAQ: TSLA) Model Y Standard Range configuration in China is completely sold out for the remainder of 2023, as the company strives to achieve its ambitious target of delivering 1.8 million vehicles this year.

China stands out as one of Tesla's most successful markets,... More

Experts concerned Tesla (TSLA) Cybertruck’s stiff structure poses safety risk

Safety experts are expressing concerns about the angular structure of Tesla's (NASDAQ: TSLA) Cybertruck, fearing that its rigid stainless-steel exterior might pose risks to pedestrians, cyclists, and other vehicles on the roads.

The crash test videos streamed by Tesla during a November 30 event sparked extensive discussions on social media. However, experts who viewed the videos emphasized the necessity of crash-test data to form definitive conclusions regarding the vehicle's safety.

"The big problem there is if they really make the skin of the vehicle very stiff by using thick stainless... More

Tesla (TSLA) dispute sparks Nordic solidarity strikes

A conflict over labor conditions involving Tesla (NASDAQ: TSLA) and the Swedish trade union IF Metall has gained support from multiple unions in the Nordic region. The unions are collectively urging the automaker to engage in a collective bargaining agreement.

Initiated by approximately 130 IF Metall members on October 27, a strike prompted additional solidarity actions from dockworkers, cleaners, and car dealershipsa strategy... More

Chinese auto sales surge 25% in November, marking fourth consecutive month of growth

China witnessed a 25.5% surge in passenger vehicle sales this November compared to last year, marking a faster pace of growth than the previous month and continuing an upward trend for the fourth consecutive month.

Industry data released on Friday by the China Passenger Car Association (CPCA) revealed that car sales reached 2.1 million units last month, showcasing an acceleration from the 9.9% increase observed in October. This surge in sales was propelled by intensified price competition among automakers striving to achieve their sales targets.

November witnessed a remarkable... More

U.S. House votes to pause Biden EV regulations

The Republican-led House of Representatives, on Wednesday, voted to prevent the Biden administration from implementing strict regulations on vehicle emissions, which aimed to have 67% of new vehicles powered by electricity by 2032.

"While EVs may play a large role in the future of the auto industry, Washington should not discount other technologies like... More

Tata Motors urges India to maintain EV import tax

Tata Motors is urging Indian authorities to maintain the current 100% import taxes on electric vehicles in order to safeguard the domestic industry and its investors.

This request comes as the government evaluates Tesla's intentions to enter the market.

While India aims to enhance local manufacturing and increase the adoption of electric vehicles, Tesla (NASDAQ: TSLA) is seeking to establish a factory in India... More

Swedish court rules against Tesla (TSLA) in postal service dispute

Tesla (NASDAQ: TSLA) faced a setback in a legal dispute against Sweden's postal service on Thursday amid an escalating conflict with Nordic trade unions.

A Swedish court ruled that, for now, PostNord is not obligated to distribute license plates to Tesla, which have been withheld by the postal service's employees. This marks the latest development in a dispute regarding collective bargaining agreements.

The pressure on Tesla is mounting in Sweden, Norway, and Denmark, as unions supporting Swedish IF Metall's mechanicswho initiated a strike on October 27seek a collective agreement with the... More