Tesla profit margins worst in five years as price cuts, incentives weigh
Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter
Tesla shares could swing 10% either way after earnings, options show
With Tesla market cap at around $800 billion, such a move would make for a swing in the value of the company of...
Windrose plans truck assembly in US in rare move by Chinese EV firm
Windrose hopes for a return to the world's second-largest auto market after presidential candidate Donald Trump stated his support.
Volkswagen is reeling in China. Can EVs help it grow in the US?
The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%.
Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus
Tesla's Q2 margin likely to hit a more than five-year low, CEO Elon Musk is expected to double down on robotaxi plans and...
Tesla to have humanoid robots for internal use next year, Musk says
Tesla will have humanoid robots in low production for the company's internal use next year, CEO Elon Musk said on Monday
GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
GM and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to...
Western miners push for higher metals prices to ward off Chinese rivals
There are growing calls from some policymakers and miners for a two-tier pricing system with a premium for sustainably produced metals
Tesla halted some production lines due to global IT outage: report
Tesla halted some production lines due to a global IT outage linked to a CrowdStrike software update, affecting facilities in Texas and Nevada,...
Chinese industry body tells EU to correct its findings on EVs
EU tariffs on EVs built in China breach global trading rules, according to an industry body representing 12 Chinese automakers.
