Tuesday, 25 February 2025

Spotlight: Tesla

FILE PHOTO: Tesla's Model 3 is displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika Warmuth/File Photo
BusinessElectric Vehicles (EVs)News

Tesla launches performance variant of Model 3 compact sedan

Tesla launched a performance variant of its Model 3 compact sedan in the United States at $52,990.

FILE PHOTO: The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
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Tesla to lay off nearly 2,700 employees in Texas factory, notice shows

Tesla will lay off 2,688 employees at its Texas factory, which follows another round of layoffs last week for the electric-vehicle maker under...

FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Tesla aims to cut 400 jobs in Germany via voluntary programme

Tesla on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin

FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

General Motors beats quarterly results targets – as gas funds EV work

The automotive giant has raised its annual forecast, saying stable pricing and gas-powered vehicles will help ease investors' concerns over continued EV development.

FILE PHOTO: The logo of Renault is seen on the new Renault 5 E-Tech electric car during a presentation at a pre Geneva show event in Aubervilliers, near Paris, France, February 12, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Renault Q1 sales rise 1.8% amid turnaround and shift to EVs

More Renault electric models to launch later this year as carmaker notes growth despite fierce competition from Chinese EVs.

A string of disappointments have raised the stakes for for Tesla's first-quarter earnings announcement (AFP)
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla earnings a ‘moment of truth’ for Musk after stumbles

Tesla earnings report comes amid the turbulence of price cuts, recalls, delays and a controversial pay package for CEO Elon Musk.

Tesla electric vehicles are lined up at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West/File Photo
BusinessElectric Vehicles (EVs)News

Tesla expected to post lower profit margin amid doubts on growth, product strategy

Tesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included...

FILE PHOTO: An electric vehicle is plugged into a charging station in Bilbao, Spain, February 15, 2023. REUTERS/Vincent West/File Photo
AutomotiveBiofuelsEconomyElectric Vehicles (EVs)EmissionsHydrogenLegislationNewsPoliticsRegulations

EU’s 2050 net-zero goals at risk as EV rollout faces setbacks: external auditor

The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles remain unaffordable...

FILE PHOTO: A Tesla Model X is shown at a Tesla service center in Costa Mesa, California, U.S., October 20, 2020.   REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Tesla shares drop on price cuts in run-up to earnings

As investors wait for quarterly earnings report, market trading dips after $2,000 cuts to electric vehicle models.

FILE PHOTO: A BYD's electric vehicle (EV) Qin moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)News

Prices of EVs fall in Chinese city of Shenzhen, state planner says

Electric cars and hybrids are popular in the southern Chinese metropolis, where manufacturers have cut prices up to 10%.

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