TSLA Jun 2024 1400.000 put
- Yahoo Finance
Hertz loses another $200 million from its EVs
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
- Reuters
US probes Tesla recall of 2 million vehicles over Autopilot, citing concerns
U.S. auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than 2 million vehicles announced in December to install new Autopilot safeguards is adequate. The National Highway Traffic Safety Administration (NHTSA) said it was opening an investigation after identified concerns due to crash events after vehicles had the recalled software update installed "and results from preliminary NHTSA tests of remedied vehicles". NHTSA also cited Tesla's statement "that a portion of the remedy both requires the owner to opt in and allows a driver to readily reverse it."
- Barrons.com
Tesla, GM, and Ford Have Had Quite a Week. All the Numbers That Matter.
Tesla General Motors and Ford Motor all reported earnings. The Beijing Auto Show had some electric-vehicle-battery bombshells for investors to digest. Ford generated $2.8 billion in operating profit or about $2,700 per vehicle sold.
