Cars
Reuters
Jul 28, 2022, 4:44 PM
Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years.
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Reuters | Jul 28, 2022Fans Take BYD To Task As Recall Confusion Clouds Chinese EV Maker's ImageCustomers of China's BYD Co Ltd, the world's biggest electric vehicle (EVs) maker by sales, have taken the unusual step of urging regulators to expand a battery replacement recall to safeguard the reputation of a national champion.4 mins read
Reuters | Jul 28, 2022Tesla Braces For Earnings Hit, But EV Delivery Outlook Is KeyTesla navigated supply-chain challenges better than rivals early in the pandemic, and Deutsche Bank analyst Emmanuel Rosner said high prices and cost-cutting could help Tesla pleasantly surprise investors.2 mins read
Reuters | Jul 28, 2022Analysis-'Unknowns' Delay Tesla's Ramp-up Of Its Own Cutting-Edge BatteriesTesla said on Wednesday it would rely on suppliers to meet battery demand this year, as the necessity of learning new technologies is holding back its plan to boost production of its own batteries.4 mins read
Reuters | Jul 28, 2022U.S. Energy Department Set To Loan GM Battery Joint Venture $2.5 billionThe U.S. Energy Department on Monday announced it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help finance construction of new lithium-ion battery cell manufacturing facilities.2 mins read
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Reuters | Jul 28, 2022Volkswagen To Develop New Semiconductor With STMicro Amid Chip CrunchIt is Volkswagen's first direct relationship with second and third-rank semiconductor suppliers, a move executives have hinted at since the chip shortage hit the auto industry in late 2019.1 min read
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