Tesla Cuts EV Prices as Automakers Shift Strategies Post-Credit
UPDATE: Tesla has just unveiled lower-cost versions of its popular Model 3 and Model Y, marking a dramatic shift in the electric vehicle (EV) market as federal tax credits come…
Ford’s Mustang Sales Drop 14% But Global Demand Surges
UPDATE: Ford’s Mustang faces a significant challenge in the U.S. market, with sales plummeting by 14.2 percent in the first half of 2024. The iconic car sold only 23,551 units…
Ford CEO Declares China the ‘700-Pound Gorilla’ in EV Market
UPDATE: Ford CEO Jim Farley has just declared that China is “completely dominating” the global electric vehicle (EV) market, labeling Chinese automakers as the “700-pound gorilla” in the industry. In…
EV Sales Surge Ahead of Tax Credit Expiration, Tesla Struggles
UPDATE: Electric vehicle (EV) sales in the United States surged to an all-time high in August 2023 as consumers scrambled to take advantage of the $7,500 tax credit before it…
GM Cuts Electric Vehicle Production Plans Amid Market Challenges
General Motors (GM) has announced plans to reduce production of electric vehicles (EVs), including the forthcoming Chevy Bolt EV, despite reporting record sales in recent months. The decision comes as…
Ford Delays Electric Pickup Production; Focus Shifts to Affordable EVs
Ford Motor Company has announced a significant delay in the production of its highly anticipated electric pickup truck, known as Project T3. Initially slated to begin production at the BlueOval…
Ford Unveils Special Edition Bronco Honoring Racing Pioneer Bill Stroppe
Ford is celebrating the legacy of off-road racing with the launch of a special edition of the 2025 Bronco, dedicated to the influential figure in motorsports, Bill Stroppe. This new…
Jim Cramer Highlights Ford’s Potential Amid Tariff Impacts
Ford Motor Company (NYSE: F) is gaining attention as investment expert Jim Cramer emphasizes its potential for a strong quarter. Cramer’s remarks come amid shifting market dynamics influenced by tariffs…
Ford Faces Earnings Challenge: Will Stock Follow GM’s Plunge?
The second quarter earnings season has proven challenging for major automakers in Detroit, with stocks facing significant pressure. Following a dramatic drop of over 8% for General Motors (GM) on…
Long Island Turns EVs Into Power Grid Assets Amid Charging Concerns
UPDATE: Long Island is taking proactive measures to transform electric vehicles (EVs) from potential liabilities into valuable assets for the power grid. As EV adoption surges, concerns about power disruptions…