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Nov 04 2024BUSINESS

Ford Hits the Brakes on Lightning Production in Response to Market Shifts

Ford is putting a temporary halt to the production of its F-150 Lightning electric pickup trucks at its Rouge Electric Vehicle Center in Dearborn, Michigan. The pause, scheduled to start on November 15, will last until January 6, 2025, which includes the usual holiday break week starting December 23

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Nov 02 2024BUSINESS

Scout's Fresh Take on Selling Cars: A New Way To Drive

Scout Motors, a car company with a long break between models, is trying something new. Instead of the usual car dealerships, they're opening their own stores. Why? To give customers a better experience. Imagine walking into a Scout store and buying a car in less than 10 minutes. No haggling, no lon

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Nov 02 2024BUSINESS

Elon Musk's Gutsy Predictions: How They're Shaping Tesla's Future

Elon Musk, the visionary CEO of Tesla, has boldly predicted impressive growth for his company by 2025. His words at the recent earnings event caused a surge in Tesla's stock price. This sudden boom has the experts looking at the technical aspects, and they're saying everything is set for a strong ru

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Nov 02 2024BUSINESS

Elon Musk's Tweet Wins Legal Battle Over Union Comments

In a close call, a federal appeals court has ruled that Elon Musk's 2018 tweet about unions was protected speech. This wasn't just any tweet, it was made during a time when the United Auto Workers were trying to organize at a Tesla plant in California. Musk's tweet was seen as a threat by union lead

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Nov 01 2024BUSINESS

BYD's EV Sales Surge: Beating Tesla in Revenue

In a surprising turn of events, Chinese electric vehicle (EV) giant BYD has outshone Tesla in quarterly revenue for the first time. BYD's net profit soared by 11. 5% to $1. 63 billion in the third quarter, with total revenue hitting $28. 24 billion, a 24% jump from the same period last year. This im

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Nov 01 2024TECHNOLOGY

Ford's New Tesla Charger Adapter Hits the Road

Ford is sending out a new adapter today, allowing Ford electric vehicle owners to charge up at Tesla Supercharger stations. This new model is a replacement for the previous adapter that had some issues. Ford teamed up with Lectron, a big name in EV chargers, to create this new adapter. Earlier this

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Oct 31 2024TECHNOLOGY

Zoox CTO Challenges Tesla's Robotaxi Plan: 'Safety Concerns Remain'

Jesse Levinson, co-founder and CTO of Zoox, isn't convinced Tesla will launch a robotaxi service next year. At TechCrunch Disrupt 2024, he questioned the safety and reliability of Tesla's technology compared to Zoox's approach. Levinson believes Tesla's decision to use only cameras for its driver as

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Oct 31 2024BUSINESS

BYD Beats Tesla in Quarterly Revenue but Trails in Profits

For the first time ever, Chinese electric vehicle (EV) giant BYD has outshone its American rival, Tesla, in quarterly sales. According to a recent report, BYD's revenue for the three months ending Sept. 30 hit 201. 12 billion yuan ($28. 24 billion), a 24% increase from the previous year. This is a s

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Oct 30 2024TECHNOLOGY

Is Elon Musk Really Making a $17K Tesla RV?

A rumor spread like wildfire on social media in October 2024, saying Tesla CEO Elon Musk was planning to release a motor home priced under $17, 000. Shared on platforms like X, Facebook, Instagram, and even a Bangladeshi news site, the claim quickly gained traction. One TikTok video alone had millio

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Oct 30 2024BUSINESS

Tesla's Big Leap: An iPhone Moment in the Making

Tesla Inc. (NASDAQ: TSLA) has been making waves lately. Its third-quarter earnings report was a big hit, sending its stock prices soaring. The company beat its earnings per share (EPS) estimates by a solid $0. 12, with non-GAAP EPS coming in at $0. 72. This isn't surprising for those who follow the

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