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Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Tesla is scheduled to report first-quarter earnings for 2023 after the close of trading on Wednesday.
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Used-car retailer CarMax this year started showing consumers the level of financing they qualify for before they start their online car shopping. The new feature means shoppers using carmax.com and CarMax’s app will know within minutes their specific payment terms and annual percentage rate for used cars in the company’s national inventory. This gives them
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In this week’s pages, we explore America’s charging challenge. Constructing public charging infrastructure for what will be hundreds of millions of electric vehicles is a time-consuming, complicated process that requires coordination and investment across sectors. Many players, including automakers, charging companies, retailers, utility companies and other stakeholders, are coming together to develop a convenient, reliable
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Mercedes-Benz posted better-than-expected preliminary earnings in the first quarter as the automaker’s push further upmarket helped it overcome higher raw-material costs. Mercedes delivered an adjusted return on sales of 14.8 percent on healthy net pricing and robust demand for its vans and luxury cars, the automaker said in a statement on Thursday. First-quarter group earnings
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Chinese Internet users berated BMW last week, accusing it of discrimination at the Shanghai auto show amid claims workers at its Mini booth favored foreign over domestic visitors during an ice cream giveaway promotion. Mini apologized for the incident, saying on social media that it was caused by poor internal management and that it would
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8:27 PM ET Associated Press TALLADEGA, Ala. — Jeb Burton won his second career Xfinity Series race at Talladega Superspeedway in a Saturday crash-fest that had two red-flag stoppages and took more than three hours to complete. Burton won in double overtime driving for Jordan Anderson Racing, which scored its first career victory when Burton
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Chevrolet Corvette E-Ray No. 1 will be Corvette No. 122 for dealer Rick Hendrick. Hendrick paid $1.1 million to buy the first-ever electrified Corvette at the Barrett-Jackson auction in Palm Beach, Fla., this month. It’s only the latest in a string of seven-figure Corvette VIN 001 acquisitions for the 73-year-old collector. In 2022, Hendrick bought
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When Tesla opened its U.S. Superchargers to non-Tesla vehicles in late February, electric vehicle owners rushed to join the network. After downloading the Tesla smartphone app and registering a payment method, drivers of Volkswagen ID4s, Rivian pickups, Chevrolet Bolts and other nameplates gained access to the Supercharger network, considered the gold standard for its size,
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