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Tesla slash prices in China, Germany, and around globe following US reduction

International Business News: NEW DELHI: Tesla has reduced the prices of its EVs in several key markets, including China and Germany, amid declining sales and growing competition. ....

United States , Middle East , Full Self Driving , Model 3 , Elon Musk , Electric Vehicles ,

TOKYO Honda Motor group supplier G-Tekt will partner with global steelmaking giant ArcelorMittal on a cheaper alternative to casting auto chassis p ....

Luxembourg Based Arcelormittal ,

CNN The Chris Wallace Show June 4, 2024 14:50:00

Demand overall plummeting, the longer-term outlook isn t bride for elon musk s company? check out these numbers first quarter sales dropped for the first time in almost four years. its share of the ev market is down from 62% to 51 tesla s market cap, or what the company s worth down by more than half from its one peak in 2021 and this week, the company announced its laying off more than 10% of its global workforce, around 14,000 people. qarrah wires tesla in trouble if only someone said this a year ago, it was going to happen. i don t know. i thought this was going to have been because one competition, it was coming increasing and he is he is plowed the field for for these vehicles, evs, but there s going to be competition and good competitions. secondly, he s hasn t made a good product in a while. they haven t. you have to really keep these innovative products cycles when you have recalled all of the signs, right? and there s issues around service around even just like ....

Elon Musk , Isn T Bride , Lev Market , Market Cap , I Don T Know , He S Hasn T , Haven T ,

BBCNEWS Talking Business June 4, 2024 23:45:00

Well, another point of frustration for drivers is the scarcity of charging stations and a lack of rapid charging docks. and those issues, they ve contributed to the so called range anxiety, and that s hampered government s efforts in persuading people to make the switch to electric. so, how do we solve the problem? well, to find out, i caught up with one of the bosses at the organisation trying to do just that. andre kaufung, great to have you on the show. and, andre, iwant to start with this. i want to start with your goal to create what is called the ccs. it s the global unified combined charging system. so, andre, just explain what that is and why, why is itjust so important for getting all of us into evs? everyone knows it from travelling around the globe. and you need an adaptor here, and you need an adaptor here. and it s, for every ev driver, for every industry partner, for every government, it s quite important to agree and to unify on one standard. ....

Charging Stations , Range Anxiety , Charging Docks , Andre Kaufung , Charging System , It S , Ev Driver , Industry Partner , All Of Us ,