Tag TSLA

Contrary to other automakers, who in response to slowing consumer demand are scaling back plans to convert their car and truck lineups to all-electric, General Motors (GM) Chair & CEO Mary Barra is still all in on EVs. "We will be selling more EVs in this country than anyone else, including Tesla," Barra told Yahoo Finance Executive Editor Brian Sozzi in an exclusive interview at GM's technical campus in Michigan.It's a fitting stance for a leader who has overcome a host of issues over her 10 years at the helm of 100-year-old plus GM - by taking a different approach and applying a different vision than others before her. At the time Barra took over as CEO, General Motors was still emerging from its 2009 bankruptcy and reeling from an ignition switch recall that led to over one hundred fatalities. Barra was tasked with completely changing GM's siloed culture and simultaneously changing how the public viewed the company’s cars, as well as regaining their trust. And now she's looking to take GM into a future that she believes includes cars and trucks that run on batteries. Yahoo Finance got the rare opportunity to sit shotgun with Barra in the newly designed E-Ray Corvette to hear how the change-maker CEO intends to make good on her bets to become the leader of electric and autonomous vehicles, despite stiff competition from Tesla (TLSA) and skepticism from shareholders. Lead This Way is an interview series that features frank conversations with today’s leaders. The series gives consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change, and how they define success for themselves and their organizations. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday. Editor's Note: This article was written by Brian Vitagliano...

Tesla is expected to report sluggish first-quarter deliveries next week as the boost from its price cuts wanes and the U.S. automaker grapples with strong competition for buyers in a slowing electric-vehicle market. After years of rapid sales growth that helped turn it into the world's most valuable automaker, Tesla is bracing for a slowdown in 2024. The company has been slow to refresh its aging models at a time high interest rates have sapped consumer appetite for big-ticket items and rivals in China, the world's largest auto market, are rolling out cheap models...

Tesla’s partnership with CATL is welcome as it copes with intensifying competition among EV makers, which has led to price cuts and lower profitability...

The latest investor updates on stocks that are trending on Thursday...

Automakers are becoming more conscious of where they get certain parts and where those vehicles can be sold, to avoid sanctions...

Plug Power Inc. has seen the value of its shares fall by some 95% since its peak in February of 2021. Explore more details here...

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