Tag: cars
The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi readers. Welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec,…
Read More
Tesla shares fall on Elon Musk “stock price too high” tweet
Tesla CEO Elon Musk tweeted Friday that the company’s stock price was “too high” in his opinion, immediately sending shares into a free fall and in possible violation of an agreement reached with the U.S. Securities and Exchange Commission last year. Tesla shares fell nearly 12% in the half hour…
Read More
Tesla to reduce price of standard range Model 3 in China
Tesla said it will reduce the price of its standard range Model 3 vehicle in China to meet the government’s new eligibility requirements for subsidies. This marks the second time this year that the automaker has reduced the price. Several months ago, the base version of China-made Model 3 was…
Read More
Tesla pushes Tesla Semi deliveries to 2021
Tesla is pushing back plans to produce and deliver its all-electric Class 8 until 2021, the company said in its quarter earnings report Wednesday. The move puts the Tesla Semi two years behind the automaker’s previous target. “We are shifting our first Tesla Semi deliveries to 2021,” the company said…
Read More
GMC delays the reveal of its 1,000HP Hummer EV
Add GMC to the list of electric car makers with COVID-19-related delays. The GM badge has postponed the reveal event for the Hummer EV beyond its original May 20th date to an unspecified point in the future. The company is still “on track” for develo… Source
Read More
GM delays GMC Hummer EV debut
GM said Wednesday that it will postpone its upcoming reveal of a GMC-branded electric Hummer due to the COVID-19 pandemic. The Hummer EV debut, which was scheduled to occur May 20, is the latest automotive event to be delayed in recent months due to COVID-19, the disease caused by the…
Read More