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Ford (F) Gives Dealerships 2 Months to Decide on Selling Electric Vehicles

September 14, 2022 3:53 PM UTC

Ford (NYSE: F) announced at its annual dealership meetings in Las Vegas this week, that the company is requiring dealerships invest, evolve, improve, and offer new services if they want to be a Model E dealership and sell electric vehicles.

CEO Jim Farley, at the event, talk about rival electric vehicle maker, Tesla (NASDAQ: TSLA), and its roughly $2,000 price advantage the rival has on Ford. He said that Ford and its dealers need to, and have been,... More

Tesla (TSLA) Halts Battery Production Plans in Germany as it Seeks U.S. Tax Credits

September 14, 2022 2:40 PM UTC

According to an exclusive report by the Wall Street Journal today, electric vehicle giant, Tesla (NASDAQ: TSLA) has decided to put a pause on the companys plans to make battery cells in Germany. The electric vehicle giant has been working to produce its own batteries and has discussed shipping equipment intended for use in Berlin to the US for domestic use.

According to the report, citing people familiar with the matter, Tesla is looking at qualifying for U.S. electric... More

Tesla's (TSLA) Cyberwhistle Sells Out Quickly

September 14, 2022 1:18 PM UTC

Tesla (NASDAQ: TSLA) CEO Elon Musk took to twitter on Tuesday to encourage his followers to check out a new product called the Cyberwhistle. The Cybertruck inspired, limited-edition stainless-steel whistle was available for purchase on the Tesla website using Dogecoin (a crypto currency... More

Tesla (TSLA) Continues to Climb; Defends China Presence

September 14, 2022 10:34 AM UTC

As Tesla (NASDAQ: TSLA) makes the climb towards its goal of manufacturing 20 million vehicles a year by 2030, the electric vehicle leader continues to expand its global presence.

The company recently opened factories in Berlin and Texas, on top of plants in Shanghai and California. And with China operations back in full swing after a production line upgrade, Tesla Chair Robyn Denholm felt the need to defend the companies continued focus on... More