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Volvo Goes Into Cost-Cutting Mode

Despite posting record profits last year, Volvo’s financial situation is becoming increasingly grim this year. So it’s cutting deep.

By Iulian Dnistran

1m ago -

VW Group’s Cariad Software Division Had A Bad Year. Again

In three years, Cariad racked up operating losses of over $7.5 billion.

By Iulian Dnistran

Mar 17 -

Tesla Needs You To Use Full Self-Driving So Badly It's Offering Insurance Discounts

Tesla's entire future rides on FSD subscriptions. One carrot: money back on your insurance for using it.

By Mack Hogan

Feb 3 -

We Sat Down With Faraday Future At CES 2025. It Got Weird

Long-troubled Faraday Future has a new sub-brand and big plans. But a cloud still hangs over the EV company.

By Mack Hogan

Jan 9 -

Tesla Q3 2024: Profits Beat Expectations, Revenue Falls Short

It's still another profitable quarter for Tesla.

By Eric Loveday

Oct 23 2024 -

EV Shoppers May Feel Some Relief After Fed Cuts Interest Rates

It’s not going to make EVs cheaper overnight. But those on the fence may now feel encouraged to get a new set of wheels.

By Suvrat Kothari

Sep 19 2024 -

Lotus Isn't Doing Well, Guys

Despite a big increase in deliveries, Lotus Tech suffered a net loss of hundreds of millions of dollars in the second quarter of 2024.

By Brian Silvestro

Motor1.com

The UAW Files Labor Charges Against Elon Musk And Donald Trump

UAW President Shawn Fain says that Musk and Trump attempted to "threaten and intimidate" workers.

By Jeff Perez

Motor1.com

Tesla Q2 2024: Revenue Up, But Profits Down Amid Price Cuts, Slower Sales

However, it's still another profitable quarter for Tesla.

By Eric Loveday

Jul 23 2024 -

Ford: EV Goals Were 'Too Ambitious' In Europe

That means gas engines could stick around past 2030.

By Jeff Perez

Motor1.com

Fisker Files For Reorganization In Austria After Magna Pauses Ocean Production

It’s the rough equivalent of filing for Chapter 11 bankruptcy protection in the United States. What's next for the troubled startup?

By Iulian Dnistran

May 8 2024 -

Lucid Is Still Losing Money Fast: Q1 2024 Earnings Report

Deliveries are considerably up at Lucid, but the automaker still lost $598 million last quarter.

By Mack Hogan

May 6 2024 -

Four Companies Are Still Interested In Saving Fisker, For Some Reason

So you're saying there's a chance?

By Jeff Perez

Motor1.com

Hertz To Sell Off Even More EVs As Depreciation Losses Mount

But the rental giant's losses can be your gain if you're shopping electric and want to save a buck.

By Patrick George

Apr 26 2024 -

Fisker Burned Through Nearly $1 Billion In 2023

The California-based EV maker delivered fewer than 200 Ocean crossovers after it cut prices by up to $24,000 last month.

By Iulian Dnistran

Apr 24 2024 -

The Volvo EX30 Is Already A Sales Hit

The Swedish-based automaker also delivered one million electrified vehicles globally through March 2024.

By Iulian Dnistran

Apr 24 2024 -

Tesla Q1 2024 Earnings Report: Revenue, Profit And Operating Margins Down

However, it's still another profitable quarter for Tesla.

By Eric Loveday

Apr 23 2024 -

Watch Tesla's Q1 Earnings Report Call Live Right Here

The livestream starts at 5:30 PM Eastern time.

By Mack Hogan

Apr 23 2024 -

Tesla Faces Its Most Important Earnings Call In Years. Here's What Investors And Fans Want To Know

After a chaotic month, Tesla investors and analysts are looking to CEO Elon Musk for answers about robotaxis, plummeting sales and more.

By Tim Levin

Apr 23 2024 -

Fisker Warns It May Run Out Of Money In The Next 12 Months

The EV startup says it won't spend on future vehicles like the Alaska pickup without striking a partnership with another automaker.

By Tim Levin

Feb 29 2024 -

Here’s Lucid’s Plan To Survive 2024 And Beyond

Lucid is struggling with demand for its cars, but its CEO is pushing investors to think long-term.

By Tim Levin

Feb 23 2024 -

Rivian Lays Off Another 10% Of Salaried Staff

The EV startup said it faces "economic and geopolitical uncertainties" throughout 2024.

By Tim Levin

Feb 21 2024 -

Tesla Q4 2023 Earnings Report: Slightly Below Expectations

However, it's another profitable quarter for Tesla and a successful year overall.

By Eric Loveday

Jan 24 2024 -

Stellantis 'In The Black' On EVs In The U.S. And Europe, CEO Says

By "EVs," Carlos Tavares meant "electrified vehicles" (BEV+PHEV+HEV), as Stellantis currently has zero BEVs on sale in USA.

By Dan Mihalascu

Dec 7 2023 -