Image: Hauke-Christian Dittrich (AP) Tesla’s latest round of layoffs have left both the auto industry and company stock holders shook. Falling sales have forced the automaker to cut 10 percent of its total staff. Its left broadsided workers confused as they try to make heads or tails of severance packages that look to be pretty … Read more
Things are not going well at Tesla right now. The stock is down more than $100 per share year-to-date, as many as 20,000 people are set to lose their jobs, the Cybertruck keeps breaking, operating profit is expected to be down 40 percent when it’s announced later today and the $25,000 electric vehicle that Tesla … Read more
Photo: VinFast Considering how bad our first experience with the VinFast VF8 was, it didn’t seem like the best idea for VinFast to go public. Then again, no one at Jalopnik is an investment expert, so maybe someone smarter was giving better advice we just couldn’t understand. Right out of the gate, it looked like … Read more
Photo: Cars & Bids The Volkswagen Phaeton is one of those cars that, at least on some level, everyone who knows it exists wants to experience. It’s basically a Bentley with a Volkswagen badge, and these days, even a Phaeton W12 can be temptingly cheap. Then again, there’s a reason they’ve depreciated so much. As … Read more
Photo: NurPhoto / Contributor (Getty Images) There’s been a lot of talk about Tesla lately, but it has mostly been focused on the Cybertruck. The conversation hasn’t always been positive, but hey, at least people have been talking about Tesla. And all coverage is good for the company, right? Not necessarily. Tesla released its results … Read more
Photo: Daniel Golson/Jalopnik I’m not much of an audiophile. Don’t get me wrong, I’m constantly listening to music and love going to live shows, and I’m always excited by a fancy sound system in a car. But in my personal life, I’m fine to just stick with my Apple headphones and my big TV’s built-in … Read more
Image: Ford We’ve seen some wild things happen to car prices these last few years. Cars both new and used have seen prices and values fluctuate. One thing is forever constant though, and that’s the seller who’s going to remain firm in the believe that they know what they have, so they can ask for … Read more
Good morning! It’s Thursday, March 7, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Arsonists Shut Down German Tesla Plant For Weeks Tesla’s Gigafactory in Germany isn’t expected to have … Read more
A dozen out of 14 new car brands slated for launch in the next financial year will be electric as carmakers align themselves to the government’s aim of having a third of sales powered by battery electric vehicles (BEVs) by 2030. However, the new nameplates are unlikely to become a major driver in boosting overall … Read more
Tesla is targeting 2025 for the launch of a mass-market compact crossover, with speculation growing that it could be the automaker’s best-priced vehicle yet. Following Wednesday’s publication of a Reuters report claiming that Tesla has been informing suppliers of its plan to launch its first new vehicle since the Cybertruck last year, Tesla chief Elon … Read more
