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GM hires former Tesla exec to head mergers and acquisitions

The automaker's newest vice president, Zach Kirkman, spent six years at Tesla and six years at Apple prior to that......»»

Category: topSource:  autonewsJan 31st, 2023

Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated News6 hr. 8 min. ago

Tesla profits drop 55% as Elon Musk dodges cheap car questions

Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»

Category: topSource:  arstechnicaRelated News8 hr. 8 min. ago

Tesla’s Model 3 Performance Makes its Debut

The new EV is priced starting at $52,990 and is available for pre-orders. The post Tesla’s Model 3 Performance Makes its Debut appeared first on Phandroid. EV manufacturer Tesla has just announced the launch of a new addition to its.....»»

Category: asiaSource:  phandroidRelated News10 hr. 35 min. ago

Tesla to begin production on new, more affordable models

As Tesla shared its figures for the first quarter on Tuesday, the automaker also previewed the app that it wants to use for its planned robotaxi service......»»

Category: topSource:  digitaltrendsRelated News13 hr. 36 min. ago

Tesla says it will accelerate new products after Q1 net income drops 55% to $1.1B

"These new vehicles, including more affordable models, will utilize aspects of the next generation platform as well as aspects of our current platforms," Tesla said in its first-quarter report......»»

Category: topSource:  autonewsRelated News18 hr. 8 min. ago

Tesla previews ridesharing app feature for its robotaxi

As Tesla shared its figures for the first quarter on Tuesday, the automaker also previewed the app that it wants to use for its planned robotaxi service......»»

Category: topSource:  digitaltrendsRelated News18 hr. 36 min. ago

Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion

Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Column: What’s under the Tesla Cybertruck’s skin? Teardown expert Sandy Munro shows us

Teardown expert Sandy Munro bought two Cybertrucks, one to tear down piece by piece and examine, and the other to drive. Munro, 75, detailed for Automotive News much of what he's seen of the Cybertruck's underpinnings......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Column: Column: What’s under the Tesla Cybertruck’s skin? Teardown expert Sandy Munro shows us

Teardown expert Sandy Munro bought two Cybertrucks, one to tear down piece by piece and examine, and the other to drive. Munro, 75, detailed for Automotive News much of what he's seen of the Cybertruck's underpinnings......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Tesla Cybertruck is loaded with advanced technology, says teardown expert Sandy Munro

Teardown expert Sandy Munro bought two Cybertrucks, one to tear down piece by piece and examine, and the other to drive. Munro, 75, detailed for Automotive News much of what he's seen of the Cybertruck's underpinnings......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Apple Arcade is about fun, not profit, says exec in charge

Apple executive Alex Rofman says Apple Arcade was not set up to make the company money, but also insists that game developers are getting an income.Apple ArcadeApple Arcade launched in 2019, and was then included in the Apple One bundle in 2020. Toda.....»»

Category: appleSource:  appleinsiderRelated NewsApr 23rd, 2024

Stellantis lays off 199 at Ram 1500 plant in suburban Detroit

The layoffs in Sterling Heights, Mich., took effect Monday as the automaker continues to trim its head count......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Tesla cuts marketing team a year after Elon Musk said it will try advertising

Tesla slashed a newly formed marketing team as part of companywide layoffs, reversing course from a traditional advertising push that CEO Elon Musk greenlighted less than a year ago......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Tesla cuts Full Self Driving cost by 1/3 ahead of earnings call

With the Model 2 cancelled, FSD is more important to Tesla than ever. Enlarge / Tesla's "Full Self Driving" system just got a third cheaper. (credit: Edie Leong for The Washington Post via Getty Images) Tesla has dropped.....»»

Category: topSource:  arstechnicaRelated NewsApr 22nd, 2024

Tesla cuts the price of Full Self Driving option from $12,000 to $8,000

With the Model 2 cancelled, FSD is more important to Tesla than ever. Enlarge / Tesla's "Full Self Driving" system just got a third cheaper. (credit: Edie Leong for The Washington Post via Getty Images) Tesla has dropped.....»»

Category: topSource:  arstechnicaRelated NewsApr 22nd, 2024

Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report; broad price cuts launched

CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Tesla’s fix for faulty Cybertruck pedal is simpler than you might think

Less than five months after handing over the first Cybertrucks to customers, Tesla has had to recall the pickup to fix an issue with the accelerator pedal......»»

Category: topSource:  digitaltrendsRelated NewsApr 22nd, 2024

Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report

CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Secrets of the Octopus takes us inside the world of these “aliens on Earth”

Dr. Alex Schell on the surprising things we're learning about these amazing creatures Enlarge / A Day octopus (Octopus cyanea) named Scarlet parachutes her web over a coral head while Dr. Alex Schnell observes. (credit: National.....»»

Category: topSource:  arstechnicaRelated NewsApr 21st, 2024

Tesla spends weekend cutting prices of cars and Full Self-Driving software

The company led by Elon Musk slashed the price of the driver assistance software that it calls FSD, or Full Self-Driving, by a third to $8,000 in the U.S. It had been $12,000......»»

Category: topSource:  autonewsRelated NewsApr 21st, 2024