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April 27, 2023 3:22 PM EDT
American electric vehicle giant Tesla (NASDAQ: TSLA) updated its Australian website Wednesday night to reflect that the company is no longer accepting orders for either the Model S or Model X from customers in the country. Prospective buyers will only be able to receive updates and not place orders for the companys flagship vehicles.
The $400 refundable pre-order option... More
April 27, 2023 12:04 PM EDT
Chinese electric automaker BYD Co. posted a fivefold jump in its first-quarter profit on Thursday.
Net profit for the first three months of the year was 4.13 billion yuan ($596.56 million), up 410.9% from 808.41 million yuan a year earlier, on revenue up 79.8% at 120.17 billion yuan, the company said in a stock... More
April 26, 2023 12:01 PM EDT
A U.S. labor board official ruled Tuesday that supervisors at Teslas (NASDAQ: TSLA) Florida service center have violated labor law by telling employees that they should not discuss pay and other working conditions, or bring complaints to higher level managers.
Management at the Orlando repair shop illegally silenced workers in 2021 after some of them complained that new hires were being paid more,... More
April 25, 2023 12:04 PM EDT
Mercedes-Benz on Tuesday announced the launch of the German luxury automakers final new combustion engine model - the next generation of the E-Class. The new vehicle will be built in Germany and China and go on sale in Europe in the third quarter of this year.
It will... More
April 25, 2023 11:45 AM EDT
Hyundai Motor Co. announced Tuesday that the South Korean automaker has finalized a $5 billion electric vehicle (EV) battery joint venture in the U.S., boosting electrification efforts in the country.
Hyundai and partner SK On, a battery unit of SK Innovation Co Ltd (096770.KS), will set up a... More
