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Musk disbands Tesla EV charging team, leaving customers in the dark

DETROIT (Reuters) -Elon Musk's abrupt decision to lay off employees who ran Tesla's electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the Tesla Supercharger network, industry officials and analysts said on Tuesday. For now, General Motors, Ford and other automakers which struck deals last year to give customers access to the network said they are not changing their plans. Tesla's decision to open its network to rival EV man...
United States San Francisco Rebecca Tinucci Akash Sriram Andres Pinter Ben Klayman
Source: yahoo.com

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General Motors beats quarterly results targets, raises forecast

DETROIT (Reuters) -General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 4.9% in pre-market trading. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM Chief Financial Officer Paul Jacobson said. Despite the company's struggles in China and with electric vehicles, strong vehicle pricing with gasolin...
United States Nora Eckert Peter Henderson Mary Barra Paul Jacobson Matthew Lewis
Source: yahoo.com

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