The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
General Motors is focusing on its Super Cruise driver assistance technology to boost revenue, predicting $2 billion annually within five years. This technology, similar to Tesla's Autopilot, enables hands-off driving and is expected to foster consumer acceptance of self-driving cars,
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Tesla stock's up 4% after Elon Musk – again – announced that robotaxis are imminent. But is this really happening and does it really matter? The post As Tesla stock rises on more robotaxi claims, what should investors do?
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to Tesla's Autopilot, with the expectation of
Owners of the electric Lucid Gravity SUV will gain access to Tesla’s Supercharging network starting January 31. The Gravity is Lucid’s second
The new Model Y brings redesigned front and rear lights, as well as an updated sound system with additional speakers and a retuned suspension system.