Form 8-K Tesla, Inc. For: Apr 19
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California and others call for recall of Hyundai and Kia vehicles over risk of theft
April 21, 2023 11:38 AM EDTCalifornia Attorney General Rob Bonta, as well as attorneys general of 17 other states on Thursday, call on the National Highway Traffic Safety Administration (NHTSA) to recall Hyundai and Kia vehicles, saying they are more likely to be stolen because they lack safety features that are standard in other cars.
Hyundai and Kia vehicles represent a large share of stolen cars in multiple U.S. cities, according to data from police and state officials. While most cars in recent years have been installed... More
Ford (F) CEO Farley says Tesla (TSLA) price cuts reflect pressure of ageing lineup
April 21, 2023 9:07 AM EDTFord (NYSE: F) Chief Executive Officer Jim Farley attended a charity event Thursday night where he commented on Teslas (NASDAQ: TSLA) recent price cuts, saying that the decision reflects the pressure Tesla faces from competition and an ageing product line-up.
Farley said Tesla's price cuts underscore intense competition in the two-row crossover or SUV segment of the auto market, where Tesla's best-selling Model Y faces a range of newer rivals in China and other markets.
Ford, he... More
