Tesla Reaffirms June Launch of Autonomous Rides at Texas DOT Event
Written by Cláudio Afonso | LinkedIn | X Last January, three months after unveiling its fully autonomous Cybercab and Robovan models, Tesla CEO Elon Musk announced that the first unsupervised...
View ArticleFT Walks Back $1.4B Tesla Accounting Gap Claim, Musks Says They ‘Can’t do...
Written by Cláudio Afonso | LinkedIn | X Financial Times issued a correction on Tuesday to an earlier FT Alphaville column that suggested a $1.4 billion discrepancy in Tesla 2024 capital expenditures...
View ArticleNio CEO Dismisses Range Extended Vehicles, Calls Them ‘Transitional Solution’
Written by Cláudio Afonso | LinkedIn | X Nio founder and CEO William Li reaffirmed the company’s commitment to fully electric vehicles, calling extended-range electric vehicles (EREVs) “clearly a...
View ArticleRivian Spins Off Micromobility Unit Into New Company Called ‘Also’
Written by Cláudio Afonso | LinkedIn | X Rivian Automotive revealed on Wednesday it is developing fully electric lightweight vehicles noting that the unit will now be spun off into a separate company...
View ArticleEverything We Know About Rivian’s Also: First Product, Markets, Leadership
Written by Cláudio Afonso | LinkedIn | X Rivian on Wednesday unveiled Also, Inc., a new standalone company focused on micromobility. The Irvine, California-based EV maker said it hold a minority stake...
View ArticleClik here to view.
Tesla Crosses 250,000 Deliveries in UK Amid Growing Sales
Written by Cláudio Afonso | LinkedIn | X Tesla delivered its 250,000th vehicle in the United Kingdom on Wednesday, 11 years after entering the market with its Model S sedan. The milestone vehicle was...
View ArticleAuto Stocks Drop as Trump Prepares to Announce New Tariffs
Written by Cláudio Afonso | LinkedIn | X Auto stocks fell sharply Wednesday as investors braced for new tariffs on the sector, set to be announced by former President Donald Trump at a press...
View ArticleTrump Slaps 25% Tariff on non-USA Made Cars, Escalating Trade Tensions
Written by Cláudio Afonso | LinkedIn | X The U.S. will impose a 25% tariff on foreign-made automobile imports, President Donald Trump announced Wednesday, escalating his administration’s ongoing trade...
View ArticleClik here to view.
Nio Plans to Raise Funds Through Offshore Share Placement, Shares Fall
Written by Cláudio Afonso | LinkedIn | X EV maker Nio said on Thursday it plans to raise fresh capital through the sale of up to 118.8 million Class A ordinary shares in offshore markets. Shares of...
View ArticleClik here to view.
Elon Musk Says Tesla Not Immune to Trump’s New Auto Tariffs
Written by Cláudio Afonso | LinkedIn | X U.S. President Donald Trump said Wednesday his administration will impose a 25% tariff on all foreign-made cars, a move that could reshape the country’s auto...
View ArticleClik here to view.
Nio Restructures Battery Swap Rollout to Cut Costs, Boost Sales
Written by Cláudio Afonso | LinkedIn | X Nio plans to add between 1,800 and 2,000 battery swap stations in China this year as the electric-vehicle maker overhauls its approach to expanding the...
View ArticleClik here to view.
JPMorgan Sees Tariff Wiping Out GM Total Profit, Slashing 75% of Ford’s
Written by Cláudio Afonso | LinkedIn | X JPMorgan cut its price targets on General Motors and Ford Motor Co., warning that newly proposed tariffs of 25% could wipe out the bulk of their global profit....
View ArticleClik here to view.
Macquarie Says Nio’s $518M Equity Raise Comes as No Surprise
Written by Cláudio Afonso | LinkedIn | X Macquarie analyst Eugene Hsiao published a new research note early Thursday a few hours after the EV maker Nio announced its plans to around HK$4.03 billion...
View ArticleUS Tariffs ‘Have Practically No Impact’ on Chinese Carmakers, Bernstein Says
Written by Cláudio Afonso | LinkedIn | X Bernstein analysts see little risk for Chinese automakers from U.S. President Donald Trump’s latest pledge to impose a 25% tariff on all foreign-made vehicles...
View ArticleClik here to view.
Tesla Shares Soar as Domestic Production Helps It Nearly Dodge Tariffs
Written by Cláudio Afonso | LinkedIn | X Tesla shares jumped more than 6% early Thursday to trade above $291, as the electric vehicle maker’s domestic manufacturing footprint appeared to shield it...
View ArticleFerrari Announces Price Increase of Up to 10% in Some Models Due to US Tariffs
Written by Cláudio Afonso | LinkedIn | X Ferrari said on Thursday it will update its commercial policy in response to the 25% tariff on foreign-made vehicles announced by the U.S. President on...
View ArticleClik here to view.
Nio’s Firefly Brand to Enter German Market in Fall, Report
Written by Cláudio Afonso | LinkedIn | X Chinese electric-vehicle maker Nio will launch its Firefly sub-brand in Germany this fall, Automobilwoche reported, marking the European debut for its most...
View ArticleTesla Service Center Arson Suspect Arrested in Las Vegas
Written by Cláudio Afonso | LinkedIn | X A 36-year-old man has been arrested and charged in connection with an arson attack that destroyed several Tesla vehicles earlier this month at a service center...
View ArticleNikola Founder Trevor Milton Pardoned by Donald Trump [Video]
Written by Cláudio Afonso | LinkedIn | X Trevor Milton — who founded the (now bankrupt) electric and hydrogen truck maker Nikola and was convicted a few years ago for misleading investors — announced...
View ArticleLucid to Start US Customer Deliveries of Gravity SUV by ‘End of April’
Written by Cláudio Afonso | LinkedIn | X Marc Winterhoff, the interim CEO of the EV maker Lucid Motors, announced late Thursday the company will start customer deliveries in the U.S. of its Gravity...
View Article