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Tesla (TSLA) recalls 435,000 EVs in China over marker light issue

According to a Chinese regulatory body Tesla (NASDAQ: TSLA) will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision. The fix, which counts as a recall, covers... More

Morgan Stanley Bullish on Tesla (TSLA) heading in to 'disappointing year for EVs'

Shares of electric vehicle maker, Tesla Inc. (NASDAQ: TSLA) are up 0.28% in pre-market trading on Thursday after Morgan Stanley reiterated an Outperform rating and $330.00 price target. Analyst, Adam Jonas believes that 2023 is shaping up to be a disappointing year for EVs.

Jonas wrote in a note, 2023 is setting up to be a narrative changing year as EV sales growth decelerates significantly from 68% YTD to as little as 15 to 20% growth next year. At... More

BYD tops the charts in China; Tesla doubles sales

Brokerage data from China Merchants Bank International (CMBI) showed BYD as the top-selling brand in China in the first four weeks of November, outperforming Volkswagen. The reversal highlights the pressure on legacy brands in the world's largest auto market.

Teslas (NASDAQ:... More

Ford (F) builds 150,000th Mustang Mach-E

Ford (NYSE: F) announced Wednesday that the company has produced its 150,000th Mustang Mach-E since starting production nearly two years ago. As the company scales EV production, almost all of Mustang Mach-Es growth to date is coming from customers replacing an internal combustion vehicle with electric, proving that Ford is creating electric vehicles that meet broad customer needs.

Strong demand for the Mach-E has propelled Ford... More