Tesla is reengaging with plans to enter the affordable EV space with a smaller, more accessible SUV. According to a new report citing multiple sources familiar with the matter, Tesla is in the early ...
Ford CEO Jim Farley announced a new EV strategy, calling it a "Model-T moment" for the company. Ford will reveal its new EV platform on Aug. 11th in Kentucky. The new strategy focuses on competing ...
It’s been looming for weeks, but now the end is near: Just a few hundred Tesla Model S and Model X vehicles remain unsold. Tesla CEO Elon Musk confirmed this week in a post on X that custom orders of ...
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Ford takes $19.5 billion hit as it pulls back on electric vehicle plans, halts F-150 Lightning production
Ford on Monday said it is pulling back on its electric vehicle plans, a move that will result in a $19.5 billion charge against its earnings to be taken mostly in the current quarter. But excluding ...
Ferrari announced on Thursday that it has cut its 2030 electric car goal in half. The plan, announced in 2022, set the Italian supercar company on a path to have its model offerings consist of 20 ...
CEO Jim Farley said “there’s nothing like it on the market” referring to the EV that will go up against Tesla’s core models. Ford plans an affordable all-electric vehicle to rival Tesla Model 3 and ...
Musk cancelled Tesla’s plan to build a $25,000 ‘Model 2’ back in 2024. But with the company’s self-driving plans floundering, a cheaper Tesla may be making a comeback. Musk cancelled Tesla’s plan to ...
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