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Elon Musk's Tesla has announced a significant reduction in its global workforce, with layoffs affecting more than 10 percent of its employees.
The post Elon’s Pink Slips: Tesla Announces Layoffs of Over 10% of Global Workforce amid Growth Slowdown appeared first on Breitbart.
Electric vehicle (EV) sales plunged across Europe in March as demand dried up despite the E.U.’s push to ban petrol and diesel vehicles by the middle of the next decade.
The post Electric Vehicle Sales Plunge Across Europe as Demand Stalls appeared first on Breitbart.
In a desperate attempt to stimulate sales and prop up a stock price dropping like a rock, Elon Musk's Tesla has reduced the prices of three of its five models in the United States.
The post EV Demand Challenges: Elon Musk’s Tesla Slashes Prices on Most Models appeared first on Breitbart.
The big driver of General Motors' great earnings report has been the Detroit automaker's decision to focus on selling the gas-powered vehicles their customers want to drive instead of the electric vehicles the Green New Deal activists think they should be driving.
The post Breitbart Business Digest: The Gas-Guzzling Secret of GM’s Success appeared first on Breitbart.
Sen. Sherrod Brown (D-OH), who is up for reelection against Trump-backed Republican businessman Bernie Moreno, was silent on Capitol Hill Tuesday when asked if he thinks gas-powered cars "should be banned."
The post Ohio Democrat Sherrod Brown Refuses to Answer Whether ‘Gas Cars Should Be Banned’ or Not appeared first on Breitbart.
Shares of rental car giant Hertz plunged by more than 20 percent on Thursday after the company reported huge losses related to its investment in Electric Vehicles (EVs).
The post Hertz Shares Crash with Another Electric Vehicle Wreck appeared first on Breitbart.
Do you drive a China-made electric vehicle (EV)? If the answer is "no" then Beijing would like to think one day you will have little choice but to answer "yes."
The post China’s Car Makers Readying to Flood the West with Cheap EVs appeared first on Breitbart.
Ford Motor Company reported a whopping $132,000 loss on each electric vehicle sold during the first three months of the year, amassing a $1.3 billion loss.
The post Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024, Delays Plans to Make More appeared first on Breitbart.
Ford's electric vehicle (EV) division lost $1.3 billion in the first quarter of 2024, which adds up to a $132,000 loss for each of the 10,000 EVs sold.
The post Nolte: Ford’s EV Division Lost $1.3B in Q1 — That’s $132K per Car! appeared first on Breitbart.
Elon Musk paid a surprise visit to China to secure Chinese government approval for the automatic driving features of his Teslas.
The post Elon Musk Meets with Chinese Premier in Beijing, Bolstering Tesla Stock appeared first on Breitbart.
Indian media expressed surprise and anger this week when Tesla CEO Elon Musk canceled a planned trip to India and made a surprise visit to China instead.
The post India ‘Shocked’ After Musk Cancels Trip, Then Makes Surprise Visit to China appeared first on Breitbart.
Former President Donald Trump vowed to end President Joe Biden's electric vehicle (EV) mandate, which he says would "kill" Michigan's economy and benefit China, if elected while speaking in Freeland, MI, on Wednesday night.
The post Trump Vows to End Biden’s ‘Insane Electric Vehicle Mandate’: Would ‘Kill Michigan’s Economy’ appeared first on Breitbart.
Despite losses in the first quarter of 2024, General Motors (GM) CEO Mary Barra says the Detroit-based automaker is "committed to China" with plans to go all-in with Electric Vehicles.
The post CEO Mary Barra Says General Motors ‘Committed to China’ Despite $106M in Quarterly Losses appeared first on Breitbart.
Elon Musk's Tesla, the leading electric vehicle manufacturer, has slashed even more workers from the payroll following weeks of massive layoffs, leaving employees on edge and seeking closure.
The post Elon Musk Lays Off Even More Tesla Staff as Demand Slows and Executives Flee appeared first on Breitbart.
German luxury automaker Mercedes-Benz is backing away from its commitment to fully transition to Electric Vehicles (EVs) by 2030 amid weak sales, shifting back to gas-powered cars that remain in demand among car buyers.
The post Mercedes-Benz Backs Away from Electric Vehicles amid Weak Sales appeared first on Breitbart.
Biden's late-in-the-game embrace of tariffs is widely seen as an election year pivot to win support in battleground states.
The post Trump Lite? Biden Reportedly Plans To Announce Election Year Tariffs On Chinese Green Tech appeared first on Breitbart.
China and Hungary signed 18 agreements after a meeting between Prime Minister Viktor Orbán and visiting genocidal dictator Xi Jinping.
The post Hungary’s Orbán Signs Big Deals with Xi Jinping, Thanks China for Saving Lives in Pandemic appeared first on Breitbart.
General Motors has confirmed the end of one of the most popular sedans in the U.S. as the company switches focus to electric vehicles (EVs).
The post General Motors Scraps Chevrolet Malibu, Switches Focus to Electric Vehicles appeared first on Breitbart.
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