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    • Gateway - Quartz

      Quartz· 5 days ago

      Consider Tesla’s sweeping layoffs a result of declining demand for its electric vehicles, according to J.P. Morgan analysts. Elon Musk’s automaker delivered 386,810 electric vehicles over the ...

    • Gateway - Quartz

      Quartz· 5 days ago

      Tesla stock has fallen about 39% in 2024, making it one of the worst performers in the S&P 500. Before this week, Tesla’s market cap last fell below $500 billion at its previous 52-week low ...

    • Gateway - Quartz

      Quartz· 6 days ago

      Quartz is a guide to the new global economy for people who are excited by change. We cover business, finance, economics, technology, lifestyle, and leadership.

    • Gateway - Quartz

      Quartz· 5 days ago

      GM is all in on electric vehicles. While that plan has had a bit of a rough start, GM’s dealers are thinking about a segment GM has essentially abandoned: hybrids. The Wall Street Journal reports ...

    • Gateway - Jalopnik

      Jalopnik· 6 days ago

      General Motors and Samsung’s battery plant in northern Indiana is taking shape, per Automotive News. GM and LG are running one battery plant currently and have two more in the making. The automaker ...

    • Gateway - Jalopnik

      Jalopnik· 6 days ago

      The federal government is about to issue its requirements for states that want in on charging station funding, Mercedes expects to reach half electric sales in the U.S. by the end of the decade ...

    • Gateway - Quartz

      Quartz· 4 days ago

      The Dow Jones Industrial average surged more than 450 points on Monday afternoon before closing up 253 points — never mind Tesla’s still-bumpy ride after Elon Musk’s EV maker laid off more than ...

    • Wholesale Used-Vehicle Prices Easing in June

      Automotive Fleet· 5 days ago

      Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.3% from May in the first 15 days of June, according to the mid-month Manheim Used Vehicle Value ...