NIO delivered 15,620 vehicles in April, up from 11,866 in March and up 135% from the 6,658 delivered a year ago. Earnings were better than feared after Tesla delivered just 387,000 units in the first quarter, missing the lowest Wall Street estimates by some 20,000 vehicles...
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Continue Reading(Bloomberg) -- Elon Musk has upended a deal the White House saluted early last year to open Tesla Inc.’s electric-vehicle chargers to other automakers, dealing a blow to President Joe Biden’s EV agenda.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAFed to Signal Delay of Interest-Rate CutsLilly Soars as Forecast Boost Shows Weight-Loss Drugs’ PowerAmazon Posts Biggest Cloud Sales Growth in Year on AI...
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Continue ReadingAn unusual job title is emblematic of a bigger HR trend...
Continue ReadingTesla has abruptly fired the team running its electric vehicle charging business, raising doubts about the future of one of the largest US charging networks, which other carmakers, such as General Motors and Ford, have said they will also use...
Continue ReadingWhen pondering what’s really happening with the auto industry’s shift to electric vehicles, it’s important to remember that two things – two very different things – can be true at the same time...
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Continue ReadingElon Musk's ambition for full Tesla autopilot rollout in China may soon be realised. A win for Tesla as China is the biggest global market for autonomous driving...
Continue ReadingLook closer at the first-quarter results Ford and GM reported this week, and their revenue engines are starting to fire, and in helpfully different ways. Click to read...
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