Are Tesla Layoffs Over?
Tesla (NASDAQ: TSLA) laid off 9% of its workforce. CEO Elon Musk said the 3,500 or so jobs did not affect employees producing the company’s cars, particularly the anticipated but late Model 3. The…
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Tesla to Slash 9% of Employees, None from Production
Tesla CEO Elon Musk has sent a memo to all company employees announcing a staff cut of 9%, about 4,100 jobs based on Tesla's most recent headcount.
Cost of Trump Tariffs: At Least 1 Million Car Sales Annually
If the U.S. imposes a threatened 25% tariff on cars imported into the country, sales of the cars will likely fall sharply. Not all those sales would go to new U.S.-built cars either.
Industry Safety Group Hammers Jeep and Explorer on Safety
Two of the best-selling SUVs in the U.S. have been hammered for safety deficiencies by one of the most widely respected car testing organizations.
Tesla to Offer First ‘Full Self-Driving Features’ in August
In a tweet Sunday, Tesla CEO Elon Musk indicated that fully autonomous driving features would be part of an August release of updated Autopilot software. What does that really mean?
Is It Time for New Tires? AAA Weighs the Risks of Waiting Too Long
Before hitting the road this summer, take a few minutes to check the tread depth on your tires. AAA has some tips on how to do that and how to know when you should…
Drivers Can Join Mercedes Subscription Plan, If They Live in Nashville or Philadelphia
Drivers who want to join a new subscription program from Mercedes can sign up, but only if they live in Philadelphia or Nashville.
Elon Musk’s Hellish Months
As Elon Musk addressed shareholders at the company's annual meeting, he complained that his efforts to get out a promised volume of the new Model 3 may have been the most "hellish months" he…
The Real Meaning of Tesla’s Over-the-Air Brake Fix
When Tesla's Model 3 failed to earn a recommendation from Consumer Reports, the automaker pushed out a software fix within a week that satisfied the magazine testers' requirement. There's a hidden meaning here.
Double Trouble for Harley-Davidson: Price & Demand
Harley-Davidson has had a rough go of 2018, with its stock down about 19% so far. While the overall market climate might be to blame for most of this drop, Harley still has to…
Fiat Sales Fall by Almost Half in May
Fiat suffered a huge drop in sales in the United States last month, with a double-digit percentage drop in sales for every one of the cars in the model line.
Ford F-Series Sales Are Tops in Pickup Market in May
Ford's F-Series pickups sold more than 80,000 units in May, far ahead of the more than 46,000 Ram pickups sold. GM no longer reports sales monthly.
Jeep Sales Jump 29%, Leading a Fiat Chrysler May Sales Rise of 11%
Fiat Chrysler sales rose 11% year over year in May, but analysts were looking for a gain of nearly 12%. Jeep sales soared and Ram sales turned around a two-month slide.
Ford Crushes Estimates on 18-Year High in F-150 Sales
Ford sales for the month of May were less than 1% higher than a year ago, but well above analysts' estimates. Average transaction prices were sharply higher as well.
Why Trump’s Tariff on Luxury Cars Could Backfire
The president's threat to impose new tariffs on luxury cars made in Germany could hit two German automakers who build cars in the United States and export most of them.