Ford’s EV sales grow 61% in Q2 2024
Ford reported significant growth in its electric vehicle (EV) sales in the second quarter of the year, as the Detroit-based automaker saw a strong 61% increase in EV sales, putting them second only to Tesla. […]
Tesla China Records over 71,000 sales in June 2024
The China Passenger Car Association (CPCA) has reported Tesla’s wholesale figures for June 2024, and the data shows a decline in both month-over-month and year-over-year comparisons. According to data released by the CPCA on Wednesday, […]
Lucid Air discounts reach $18K in Canada, $21.5K in the US
Lucid is again offering some substantial discounts on its luxury Air sedan in both Canada and the US, with the discounts reaching as much as $18,000 in Canada and $21,500 in the United States. Lucid […]
Rivian posts slight delivery increase, production drop amid factory upgrades
Rivian has released its Q2 2024 results, and while the numbers reflect a slight increase in deliveries, they also hint at a strong end to the year. Rivian reported delivering 13,790 vehicles in Q2 2024, […]
Tesla to Bring Cybertruck and Optimus Gen 2 to WAIC 2024 in Shanghai
Tesla is set to draw a large audience at the 2024 World Artificial Intelligence Conference (WAIC) in Shanghai, China this week, with a display that will include the Cybertruck, as well as the second generation […]
Tesla Extends 0% Interest Loan Incentive in China
Tesla China is extending its attractive 5 year 0% interest loan incentive, originally set to expire on June 30. The extended promotion will now run to July 31, 2024, and is aimed at maintaining the […]
Polestar 3 Gets New RWD Variant as First Deliveries Begin
Polestar has officially started customer deliveries of its flagship Polestar 3 SUV. At the same time, the automaker has expanded the Polestar 3 lineup with the introduction of a new Long Range Single Motor variant. […]
Porsche Taycan faces major recall over brake hose defects
The Porsche Taycan is facing a significant recall with nearly every model produced since its launch in 2020 impacted. The recall concerns potential front brake hose defects, and affects over 150,000 vehicles globally, including 3,205 […]
Waymo Removes Waitlist And Opens Robotaxi Service to Everyone in San Francisco
Waymo has officially removed the waitlist for its robotaxi service in San Francisco, making it possible for anyone to download the Waymo One app and immediately hail a ride in one of its autonomous vehicles. […]
Tesla Receives PT Hike Amid Company’s Strength Ahead of Q2 Report
Stiefel initiated coverage of Tesla stock with a Buy rating and a $265 price target (PT). This implies an upside potential of approximately 45%. The firm noted Tesla’s strong position to deliver sustainable growth from […]
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