Yahoo Finance Tesla Slashes Prices With One Big Question For The Earnings Call
TSLA stock has plunged to 52-week lows, with Elon Musk's plans for future EVs key for the Q1 earnings call. Tesla slashed EV and FSD prices.
TSLA stock has plunged to 52-week lows, with Elon Musk's plans for future EVs key for the Q1 earnings call. Tesla slashed EV and FSD prices.
Hybrid vehicle sales are surging in the U.S. while battery-electric cars pile up on dealer lots. According to Cars.com hybrids and plug-in hybrid vehicles, or PHEVs, average $48,918, while the average price for an all-battery electric vehicle is $63,802. Sales of battery electric vehicles, or BEVs, grew just 7% year over year in the first quarter of 2024, according to data provider WardsAuto, down from 43% year-over-year growth in the fourth quarter of 2023.
The OPP will be conducting mandatory alcohol screening at traffic stops in an effort to crack down on impaired drivers. Caryn Lieberman reports.
After a couple years of car dealers being able to successfully sell vehicles on their lots well above sticker price because of low inventory and lack of competition, the tide has turned. As of March...
Tesla has reportedly pulled back on plans to develop a new "gigacasting" method that's intended to simplify manufacturing and cut costs.
ST. JOHN'S, N.L. — Investigators from the Transportation Safety Board of Canada were in St. John's, N.L., Wednesday after a plane overshot the main runway at the city's airport. PAL Airlines confirmed the turboprop plane involved was chartered from the company, and that it went slightly beyond the runway during a landing, before it came to a stop. "The PAL team met the flight, passengers disembarked the aircraft and went to our charter facility to meet their awaiting ground transportation," spok
Elon Musk's move to lay off the department responsible for Tesla's electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Tesla's network. Several leaders of Tesla's Supercharger team posted social media messages saying they were told Monday night that entire group of about 500 had been laid off by CEO Musk, who seemed to confirm the move in a posting Tuesday on X, the social media site he now owns.
Careful car buyers spend plenty of time budgeting for the purchase -- how much they can afford to spend, put down and finance, and what kind of monthly payment they can tolerate. But even the most...
STORY: Light-up emojis. Music for pedestrians outside. In China, electric carmakers are offering up luxury tech – without the luxury price tag – in the battle for buyers. Cars are being loaded with once-expensive interior features and technology for as low as $20,000 – less than half the cost of the average new car in the U.S. Analysts say that poses a big challenge for foreign heavyweights like Tesla and Volkswagen. This is the Nammi – on display here at the Beijing auto show. It’s made by state-owned automaker Dongfeng and sells for under $10,000. That’s around the same as BYD’s Seagull EV – China’s fourth best-selling electric vehicle. The market is also crowded with electric and plug-in vehicles that splash luxury technology. Xpeng is planning to offer an EV with high-level self-driving features – for under $21,000. Analysts say the price of specialized components like sensors needed for self-driving and screens for onboard entertainment has tumbled. That's making competition in the world’s largest auto market all the more fierce… And chipping away at the halo that once hung over foreign brands. That’s according to an outlook from McKinsey analysts released in March. Take Zeekr, for instance. It's the carmaker with those emojis. Here’s its Shanghai head of design, Javier-Garcia Gallardo: “When we see the differences between our product launch in China versus our product launch in Europe and, you know, the technical details are as important as the design and the brand. And this integration of technology is essential for the Chinese customer.” Still, German automakers say they’re not backing down. Here’s Mercedes-Benz CEO Ola Kallenius: “We have a dedicated digital tech team here all the way down to providing things like in the new E-Class, you can sing karaoke. Maybe you don't have that feature in Germany. Maybe you should. But here, customers love it.” Mercedes, as well as Volkswagen, both told Reuters they’re working to deliver those so-called “wow effects” for Chinese buyers.
RICHMOND, B.C. — A Transportation Safety Board report says experience, recent training and safety equipment were key factors in a pilot surviving the crash of a firefighting plane south of Cranbrook in August 2022. The report says the pilot was alone in the Air Tractor AT-802A aircraft and had just finished his eighth water drop when the engine suddenly lost power, with no time to recover because of the low altitude. The report says the pilot couldn't quickly diagnose the problem, so focused ins
Car wraps are less expensive than paint jobs, but there are a few things you need to keep in mind before jumping in.
Ford reported April US sales that dipped slightly, but saw continued strength with hybrid and truck sales, highlighting the automaker’s pivot into those vehicles.
The bus ride from Miami, Florida, to Naples took under two hours cost me $25 each way. It was great for a day trip despite some issues.
Americans admit to ignoring their “check engine” light for an average of four months before addressing it, according to new research. A new survey of 2,000 American car owners, conducted by OnePoll on behalf of Pep Boys, revealed that one in five (20%) even admit to putting it off between six and 18 months. This may be because almost one-third (32%) will wait “as long as possible” before bringing their car in to get serviced. In fact, another 39% are likely to wait for an incident or for something to break before even considering bringing their car in for service.
Taxi driver Shakoor Ahmed has been jailed for killing pedestrian Dan Beames.
The plane caught fire and was smoldering in a front yard.
Italdesign Quintessenza is part GT, part pickup, tons of tech, all EV, and quick, too. A 150-kWh battery and 778 hp get the concept from 0-62 in 3 seconds.
Employees at Canada's two biggest railways have authorized a strike that could see thousands of workers walk off the job in three weeks if they are unable to reach new deals on contract demands. About 6,000 employees at Canadian National Railway Co. and 3,300 at Canadian Pacific Kansas City Ltd. voted more than 97 per cent in favour of a strike mandate this week, the Teamsters Canada Rail Conference said Wednesday. “After six months of negotiations with both companies, we are no closer to reachi
HALIFAX — Nova Scotia’s public works minister says that after a review by her department, the province will be keeping its current motor vehicle inspection requirement in place. Kim Masland says her department started looking at the possibility of removing the fees for vehicle safety checks at the beginning of the year but decided against it, although it is still considering changing the frequency of inspections. Masland told reporters following a cabinet meeting today that she believes vehicle
Known for its cutting-edge technology and innovative features, Tesla has always been a buzzed-about brand for consumers who want luxury and a chic car design. While electric vehicles are the...