Tesla cuts prices again in the U.S.
Prior to reporting its Q1 earnings, Tesla has once again reduced prices in the United States.
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Prior to reporting its Q1 earnings, Tesla has once again reduced prices in the United States.
Volkswagen's new electric sedan touts a 300-mile range.
Tesla announced plans to establish a Megafactory in China that will prioritize production of Megapack batteries for its vehicles.
Set to release towards the end of 2024, the ramnew electric truck will offer a range of up to 500 miles, 650 horsepower, and a towing capacity of up to 14,000 pounds.
Ford is looking to match the increased demand for its EVs by expanding the production of vehicles like the F-150 Lightning.
GM has surpassed Ford to become the second best-selling EV manufacturer in the United States.
Of the deliveries, more than 412,000 were Model 3 and Model Y versions of Tesla's EVs.
Nikola shares fell over 15 percent after its $1.12 per share stock fell short by almost 20 percent of its $1.40 closing price.
Ford's EV losses were offset by profits in its other businesses.
The change may allow Rivian to find additional partners for its EV delivery trucks.