Rachit Vats - Spark Newswire

2 minute read

Ford Mach-E Monthly Sales Hit Record High, Race Past Gas Mustangs Yet Again

Today, 10:25 PM

Ford Motor Co (NYSE: F) sold the most Mustang Mach-E electric vehicles in May since it went on sale more than a year ago, outperforming sales of the gas-powered version for a second time.

2 minute read

GM’s Cruise Becomes California’s First Driverless Ride Service

By Rachit Vats

Today, 10:25 PM

General Motors Co’s (NYSE: GM) robotaxi venture Cruise said on Thursday it had secured a commercial permit to charge a fare for driverless rides, much ahead of rivals such as Tesla Inc (NASDAQ:

1 minute read

News
Tech

Why Elon Musk Is Pushing Back Tesla AI Day To September

By Rachit Vats

Today, 10:25 PM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has pushed back the date for the company's second AI Day event by over a month to accommodate the likely working prototype of a human bot he had revealed last year.

TSLA

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Tech

Tesla Battery Supplier Panasonic Looks To Boost Production In North America To Meet Growing Demand

By Rachit Vats

Today, 10:25 PM

Japan’s Panasonic Holdings Corp (OTC: PCRFY) said on Wednesday it is looking to boost production capacity in North America to meet the growing demand for electric vehicles.

PCRFY

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Tech

Ford Spends $2000 More Per Car Than Tesla On This — CEO Farley Isn’t Happy

By Rachit Vats

Today, 10:25 PM

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday the legacy automaker has a far higher relative price for distribution than electric vehicle maker Tesla Inc (NASDAQ:

1 minute read

News

Chevy Bolt EVs To Be $6,000 Cheaper In Aftermath Of Recall Nightmare

By Rachit Vats

Today, 10:25 PM

General Motors Co (NYSE: GM) on Wednesday revealed a lower price for its 2023 Chevrolet Bolt EV as it looks to boost sales after being slammed by a huge recall due to fire risks that shut down sales and production for several months of the last year.

BYDDY

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Ford CEO Says Chinese EV Makers ‘Incredibly Undervalued,’ Expects A ‘Shakeout’ Soon

By Rachit Vats

Today, 10:25 PM

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday that Chinese electric vehicle firms are “incredibly undervalued” and that he expects them to become more important in the future.

1 minute read

News

Elon Musk To Tesla Employees Who Want To Stay Remote: ‘Pretend To Work Somewhere Else’

By Rachit Vats

Today, 10:25 PM

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Wednesday said employees who believe working from the office is old-fashioned could "pretend to work somewhere else" after the electric vehicle maker said remote working is no longer acceptable.

TSLA

2 minute read

Warren Buffett-Backed BYD Plans To Buy 6 African Lithium Mines: Here’s How Many EVs They Can Cater To

By Rachit Vats

Today, 10:25 PM

China's BYD Co (OTC: BYDDY) is looking to acquire six lithium mines in Africa, CnEVpost said on Tuesday, citing a source-based

BRK-A

2 minute read

Jeff Bezos’ Blue Origin Eyes This Date For 5th Space Tourist Mission

By Rachit Vats

Today, 10:25 PM

Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos' space company Blue Origin said on Tuesday it is set to launch its fifth space tourism mission this weekend.

AMZN