My top 10 things to watch Friday, April 21 1. Truist downgraded Tesla (TSLA) to hold from buy, while lowering its price target to $154 per share, from $245. The firm cited the electric vehicle maker’s “brazen willingness to accept lower product margins.” Meanwhile, Barclays lowered its price target on Tesla to $220 per share,
admin
Volkswagen this week revealed the ID.7, an electric hatchback that will serve as the Passat replacement here in the U.S. The ID.7 is due to reach dealerships next year, but before it arrives the long-awaited ID.Buzz will reach these shores. 2025 Polestar 4 Swedish performance EV brand Polestar revealed a new crossover positioned between its
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
See how much this 3-speed manual transmission 1957 Chevrolet Bel Air Hardtop sold for! Watch Mecum Auctions Houston on MotorTrend TV and MotorTrend+ ➡️ https://bit.ly/3CwcM2a #MecumHouston #Mecum #MecumAuctions #WhereTheCarsAre #MecumOnMotorTrend MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get a fast, simple, and free car quote today
2023 Mazda CX-60 Long-Term Review: Living With Mazda’s New Premium Euro SUV | Carscoops We’re six months and 12,000 miles into life with the CX-60 PHEV, but what have we learned? by Chris Chilton 2 hours ago by Chris Chilton Mazda has decided to play ball in the big leagues by introducing an all-new line
SHANGHAI — The Shanghai auto show was eye-opening for the sheer number of Chinese brands seeking to satisfy local buyers’ cravings for new high-tech models. Keen pricing, driven by cut-throat competition and a maturing local battery supply chain, means the consumer is currently king, which is giving brands a financial headache. Not every new model
Gigantic Audi SUV Replica From China Puts American Full-Size SUVs To Shame | Carscoops Imagine the view from the driver’s seat of this monstrous vehicle by Thanos Pappas 1 hour ago by Thanos Pappas The replica business is booming as more and more people are trying to gain attention on social media with all kinds
LOS ANGELES — A California state court jury on Friday handed Tesla Inc. a sweeping win, finding the electric vehicle maker’s Autopilot feature did not fail in what appeared to be the first trial related to a crash involving the partially automated driving software. Tesla has been testing and rolling out an Autopilot and more
Private equity and other investors funneled $394 million into U.S. transportation technology startups in March, about a 43 percent decline from the previous month, according to data compiled by Automotive News. Investment by venture capitalists, companies and others into burgeoning advanced transportation technology companies has cooled sequentially from $1.16 billion in January to $690.5 million
In this article AVAV BA.-GB GM P911-DE MBG-DE AMPX Follow your favorite stocksCREATE FREE ACCOUNT Lithium-ion battery performance has hit a plateau in recent years, but a breakthrough in technology promises new heights are soon to be in sight. Batteries made with silicon instead of graphite — the commonly used material in battery anodes today
Tesla, the world’s largest electric car manufacturer, officially confirmed that its potential annual output increased to more than 2 million electric vehicles annually (up 100,000 compared to the previous quarter). During the first quarter of 2023, the company produced a record number of 440,808 electric cars (up 44 percent year-over-year) and sold a record number
TOKYO – For Toyota, raking in big profits from electric vehicles is as easy as 1, 2, 3. That’s the vision from new CEO Koji Sato, who outlined a three-step strategy to “significantly enhanced” productivity and profitability by 2030 through Toyota’s coming line of electric vehicles. “It will be a different concept from what we’ve
6:24 PM ET Associated Press Craig Breedlove, who set land-speed records by topping 400, 500 and 600 mph in jet-powered cars nicknamed Spirit of America, has died. He was 86. Breedlove died at his home in Rio Vista, California, on April 4. His wife, Yadira Breedlove, said the cause of death was cancer. Breedlove battled
The industry disruption that followed the COVID-19 pandemic, which left dealership lots bare and shoppers struggling to find cars, has turned the buying process on its head. “Customer service everywhere has gotten significantly worse since the pandemic,” said Matthew Phillips, CEO of Car Pros, a dealership group operating seven stores in California and Washington. “Organizations
Contemporary Amperex Technology Co. reported an 83 percent jump in revenue that well outdid market expectations, fueled by climbing demand for cleaner vehicles and falling raw materials costs. Sales at the world’s biggest maker of battery cells for electric vehicles came in at 89 billion yuan ($13 billion) for the three months ended March 31,
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake
McLaren Automotive on Friday named Tobias Sühlmann as its new chief design officer. He replaces Rob Melville who left McLaren last year to join Ceer, the new electric vehicle brand of Saudi Arabia. Sühlmann has over two decades of experience in automotive design, most of it earned at the Volkswagen Group. He has previously served
By Joey Klender Posted on April 21, 2023 Tesla Autopilot did not fail to perform safely in the case of a 2019 accident involving a Model S in California, a jury in the state found on Friday. Justine Hsu of Los Angeles sued Tesla in 2020 after an accident that occurred the year prior left