Electric vehicles - Donnecommebernard

Ford's third-quarter profit will be hit by the cancellation of its electric SUV

October 29, 2024 | angela | Leave a Comment

DETROIT (AP) — Stubbornly high warranty costs and sluggish cost-cutting efforts are holding back Ford Motor Co.'s profits this year, prompting the company to cut its full-year profit forecast. This sent the company's share price down 6% in trading after the closing bell on Monday. The Dearborn, Mich., automaker, which reported its third-quarter results on […]

According to Volkswagen's works council, the carmaker plans to close at least three German plants

October 29, 2024 | angela | Leave a Comment

BERLIN (AP) — Volkswagen has told employee representatives that it plans to close at least three plants in Germany, the company's works council chairman said Monday. Works council chief Daniela Cavallo said at a meeting with Volkswagen employees at the company's headquarters in Wolfsburg that management was also planning cuts at other locations and promised […]

Tesla (TSLA) Q3 2024 Earnings Report

October 23, 2024 | angela | Leave a Comment

Tesla CEO and X-owner Elon Musk speaks during a Tesla product unveiling event on October 10, 2024 in Los Angeles, California, USA Source: Tesla | Youtube Tesla reported third-quarter profit on Wednesday that beat analysts' estimates, although revenue fell just short of expectations. Here's what the company reported compared to Wall Street's expectations, based on […]

Tesla stock plunges after Elon Musk's robotaxi event disappoints

October 11, 2024 | angela | Leave a Comment

Investors hoped Tesla's long-awaited robotaxi demonstration would deliver on substance as well as style. On Thursday, Elon Musk showed off real vehicles and humanoid robots walking among guests — not just a dancer in a robot bodysuit, like at the company's “AI Day” three years ago — but many analysts remained unimpressed. At a glitzy […]