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Lucid (LCID) becomes latest to adopt Tesla (TSLA) charging standard

November 6, 2023 4:32 PM EST

Electric automaker, Lucid (NASDAQ: LCID) announced Monday that, starting in 2025, the company will integrate Teslas (NASDAQ: TSLA) North American Charging Standard (NACS) connectors into their electric vehicles.

All lucid vehicles built with the current Combined... More

Tesla (TSLA) announces wage hikes at giga Berlin amid union pressure

November 6, 2023 7:59 AM EST

Tesla (NASDAQ: TSLA), late last week revealed a set of wage hikes for workers at its Gigaplant in the outskirts of Berlin.

The move follows a visit by the electric automakers CEO, Elon Musk, where management also announced the facility has been chosen to build the companys next-generation model.

Tesla has faced pressure in Germany from the influential IG Metall union, which is striving to organize the plant and secure a union contract... More

Tesla (TSLA) to build $25k EV at Giga Berlin

November 3, 2023 2:54 PM EDT

Tesla (NASDAQ: TSLA) CEO, Elon Musk visited the company's gigafactory in Berlin Friday where the multi-billionaire gave an update on the plant's aesthetic design and outlined the manufacturing strategy for a forthcoming affordable $25,000 electric vehicle aimed at the mass market.

Musk is known for his frequent visits to Tesla's production plants, where he oversees the progress... More

Morgan Stanley calls Tesla (TSLA) Semi a 'threat' to OEMs worldwide

November 3, 2023 10:07 AM EDT

Morgan Stanley conducted a comparative analysis of the Tesla (NASDAQ: TSLA) Semi and existing heavy-duty BEV trucks. Analysts expect the Tesla Semi to offer a competitive payload, creating a highly efficient, long-range, fast-charging, software-driven Class 8 truck.

This poses a threat to Truck OEMs worldwide, wrote Morgan Stanley analysts in a note. However, they see Volvo as the best protected OEM in this segment.

Volvo... More