Leasing Companies Are Demanding Payoffs from EV Makers Like Tesla as Resale Values Plummet

Car leasing companies are feeling the pinch as resale prices for electric cars fall, prompting compensation demands from automakers trying to meet tough emissions targets. luck report The used electric car market has been hit hard since Tesla cut prices last year, forcing other manufacturers to follow suit. This has implications for companies such as […]
Tesla Cybertruck owners claim $80K vehicles rust, corrode

Two Tesla Cybertruck owners have expressed concern after discovering that their expensive electric truck was quickly developing “corrosion” and “orange rust marks.” Will, a Tesla owner, posted on the Cybertruck Owners Club forum that he has started recording the “corrosion” of his new Cybertruck. He said he noticed rust marks on his new car just […]
Early Tesla Cybertruck Buyers Report Rusty EVs After Rain Exposure

Some early owners of the Tesla Cybertruck noticed rust spots forming on the body of their new electric pickup truck after being caught in the rain. business insider report Within days of receiving their new Cybertruck, some owners have noticed rust spots forming on the highly touted electric pickup’s stainless steel body panels. A post […]
Tesla Cybertruck owners complained of rusting on new trucks

Automotive expert Mike Caudill claims Elon Musk’s Tesla Cybertruck design will turn off potential buyers in Kabuto: Coast to Coast. Two Tesla Cybertruck owners have expressed concern after discovering that their expensive electric truck was quickly developing “corrosion” and “orange rust marks.” Tesla owner Will said, cybertruck owners club On the forum, he reported that […]
Tesla Worker Killed in Crash May Be First Official ‘Full Self-Driving’ Fatality

Evidence suggests that Tesla’s advanced driver assistance system, Fully Self-Driving (FSD), was engaged in the fatal 2022 crash that killed Tesla employee Hans von Ohain in Colorado. ing. If this proves accurate, Tesla employees could prove to be just that. First fatal accident caused by Elon Musk’s “self-driving” software. of washington post report On May […]
Elon Musk moves SpaceX to Texas after Delaware revoked his Tesla salary package

Kevin O’Leary, chairman of OLeary Ventures, reacts to Elon Musk being forced to testify in the SEC investigation into his Twitter acquisition on The Big Money Show. SpaceX CEO Elon Musk The company announced Wednesday night that it was changing its state of registration from Delaware to Texas after a Delaware court struck down the […]
Elon Musk in talks with Tesla shareholder before appeal of nixed $56B pay package

Elon Musk and Tesla shareholders, who last month secured a verdict voiding the CEO’s $56 billion compensation, will put the judgment on hold until the appeal is resolved, according to a Tuesday letter from the shareholders’ lawyers to the court. He plans to ask the judge to do so. Greg Ballaro, a lawyer for the […]
Nervous About Nvidia, Tesla and the Magnificent 7? Look at Goldman’s GRANOLAS. – Barron's

The Magnificent 7 tech stocks are the driving force behind the S&P 500’s rise to record highs. For investors concerned about the dynamics of this top-heavy market, there is a new group that may be worth paying attention to: GRANOLAS. Coined by Goldman Sachs, GRANOLAS represents Europe’s largest companies by market capitalization, including GSK, Roche, […]
‘Boycott Tesla’ Super Bowl ads target self-driving technology

On Sunday, two Super Bowl ads took aim at Tesla’s self-driving technology, calling on viewers to boycott the company and claiming the company’s vehicles are unsafe. The Dawn Project’s ad echoes the 2023 Super Bowl ad campaign in which an Autopilot-powered Tesla mowed down child-sized dummies in a parking lot. “Here’s what Elon Musk doesn’t […]
Tesla cuts Model Y prices in US to boost sales

Former Tesla director Steve Westley is reacting to the stock’s surge after Elon Musk warned of a production slowdown in 2024. Tesla has temporarily lowered the prices of some Model Y vehicles in the United States until the end of February. electric car manufacturers Reduce the price of Model Y in Germany. tesla price cut […]