Autos

Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.

https://www.cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html

Last month, the government rolled out key initiatives, aimed at boosting the country's position in EV manufacturing.

https://www.cnbc.com/2024/04/26/india-says-new-ev-policy-will-open-up-market-to-global-players-.html

Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.

https://www.cnbc.com/2024/04/25/honda-to-build-11-billion-electric-vehicle-hub-in-canada.html

Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

https://www.cnbc.com/2024/04/25/xpengs-gu-says-robotaxis-wont-be-a-real-business-for-at-least-five-years.html

EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.

https://www.cnbc.com/2024/04/25/geely-backed-luxury-ev-brand-zeekr-says-its-beating-tesla-in-parts-of-china.html

Ford’s results show it is off to a solid start to the year.

https://www.cnbc.com/2024/04/24/ford-earnings-beat-rosy-2024-outlook-cost-discipline-welcome-.html

While Ford is expected to report XXXXXXXXXX year-over-year, analysts are keeping a watchful eye on how many subscribers it adds this quarter.

https://www.cnbc.com/2024/04/24/ford-f-earnings-q1-2024.html

Tesla shares surged 15% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.

https://www.cnbc.com/2024/04/24/tesla-stock-up-after-elon-musk-says-new-affordable-ev-models-coming.html

Tesla CEO Elon Musk continues to promise investors that autonomy is in the company's future even as financials deteriorate.

https://www.cnbc.com/2024/04/24/elon-musk-is-keeping-investors-dreams-of-a-tesla-robotaxi-alive.html

Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.

https://www.cnbc.com/2024/04/24/volvo-cars-core-operating-profits-rise-in-first-quarter-on-higher-retail-sales.html

Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.

https://www.cnbc.com/2024/04/24/chinas-xiaomi-is-selling-so-many-electric-cars-its-closer-to-breaking-even.html

India's EV sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India's CEO Emeritus.

https://www.cnbc.com/2024/04/24/elon-musk-teslas-entry-into-india-ev-market-is-good-news-mg-motor-india-.html

Tesla is eliminating about 12% of its workforce at a factory in Austin, Texas, where the electric vehicle company is headquartered.

https://www.cnbc.com/2024/04/23/tesla-cutting-close-to-2700-jobs-in-austin-as-part-of-restructuring.html

Tesla reported disappointing earnings and revenue, but the stock rose on optimism that a new affordable EV model could enter production sooner than expected.

https://www.cnbc.com/2024/04/23/tesla-tsla-earnings-q1-2024-.html

GM's North American operations, driven by truck sales, were largely responsible for the company's first-quarter beat and guidance raise, the automaker said. 

https://www.cnbc.com/2024/04/23/general-motors-gm-earnings-q1-2024.html

Tesla's stock dropped for a seventh straight day on Monday, ahead of a highly anticipated earnings report from the electric vehicle company.

https://www.cnbc.com/2024/04/22/tesla-shares-fall-to-15-month-low-after-price-cuts-and-layoffs.html

The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.

https://www.cnbc.com/2024/04/22/uaw-vw-organizing-drive-what-investors-should-know.html

Volkswagen workers in Tennessee have voted in favor of the United Auto Workers — marking the union's first successful organizing drive of a foreign automaker.

https://www.cnbc.com/2024/04/19/vw-workers-in-tennessee-vote-to-join-uaw-in-historic-win-for-union.html

Tesla has issued a voluntary recall of 3,878 of its Cybertruck vehicles to repair a "trapped pedal" issue seen in a viral TikTok video.

https://www.cnbc.com/2024/04/19/tesla-cybertruck-recalled-over-trapped-pedal-issue-seen-in-viral-video.html

EVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars, are being developed by firms in the United States, Europe and Asia.

https://www.cnbc.com/2024/04/19/what-is-an-evtol-how-flying-cars-are-moving-closer-to-reality.html

The EV revolution is a tempting proposition for entrepreneurs. But the business is not for the faint of heart. Successes tend to have a few common traits.

https://www.cnbc.com/2024/04/18/why-so-many-electric-vehicle-startups-fail.html

In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.

https://www.cnbc.com/2024/04/17/tesla-says-in-email-it-sent-some-incorrectly-low-severance-packages.html

Earlier this week, Tesla CEO Elon Musk sent a memo company-wide saying that the automaker would be reducing more than 10% of its global workforce.

https://www.cnbc.com/2024/04/17/tesla-is-laying-off-285-employees-in-buffalo-new-york-as-part-of-a-broad-restructuring.html

Chinese electric car company BYD is rapidly expanding its lineup to include vehicles that compete with automakers across market segments.

https://www.cnbc.com/2024/04/17/chinas-byd-fires-up-nev-offerings-to-compete-with-tesla-and-jeep.html

The joint statement was signed by governors in Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas.

https://www.cnbc.com/2024/04/16/republican-governors-condemn-united-auto-workers-campaigns.html

Union voting for more than 4,000 eligible VW workers will begin Wednesday and end at 8 p.m. EDT on Friday.

https://www.cnbc.com/2024/04/16/vw-workers-to-vote-on-joining-uaw-union-in-tennessee.html

Tesla executives Drew Baglino and Rohan Patel are leaving the electric vehicle maker amid steep layoffs, they announced Monday.

https://www.cnbc.com/2024/04/15/tesla-execs-drew-baglino-and-rohan-patel-depart-amid-steep-layoffs.html

As the move to all-electric vehicles is occurring more slowly than many expected in the U.S., a growing leader in EV adoption is Hawaii.

https://www.cnbc.com/2024/04/13/why-hawaii-is-becoming-a-leader-in-us-ev-adoption.html

Tesla CEO Elon Musk posted on X on Friday that the company is cutting the price of its Full Self-Driving, or FSD, package in half to $99 a month.

https://www.cnbc.com/2024/04/12/tesla-cuts-price-fsd-premium-driver-assistance-option-by-half-in-us.html

Most qualifying buyers of new electric vehicles choose to get their tax break as an advance payment instead of waiting until tax season.

https://www.cnbc.com/2024/04/12/90percent-of-qualifying-ev-buyers-get-7500-tax-credit-as-upfront-payment.html