Rivian is cutting a small portion of its workforce as the electric-vehicle maker nears the launch of a more affordable midsize SUV, the R2 https://t.co/WOw2jJvUQC ...

Porsche Will Roll Out Wireless EV Charging in 2026► https://t.co/yyyec0kGTf https://t.co/yyyec0kGTf ...

Sales Performance - Ford's redesigned three-row Expedition SUV sold 8,724 units in August, representing a 53.7% increase year-over-year and the best sales performance in 21 years [1] - Year-to-date sales of the Expedition reached 61,022 units, marking a 13.1% increase compared to the same period in 2024 [1] - Overall, Ford's August sales increased by 3.9% compared to the same month last year [1] Market Trends - The Expedition accounted for approximately 5% of Ford's total sales in August, highlighting the company's reliance on large trucks and SUVs for profitability [2] - Despite the rise in electric vehicle (EV) sales, there remains strong consumer interest in traditional internal combustion engine vehicles like the Expedition [2] Electric Vehicle Segment - Ford experienced a 19.3% increase in EV sales in August compared to the same period last year, driven by consumer urgency to purchase before the expiration of federal tax credits [3] - Analysts predict a potential decline in EV sales at the end of the year as tax credits expire [3] - General Motors also reported record EV sales for August, indicating a competitive landscape in the EV market [3] Consumer Preferences - Ford's North America product communications director noted that while there is significant interest in EVs, families continue to prefer larger vehicles such as the Expedition [4]

RT Michelin USA (@MichelinUSA)Your EV’s favorite tire.⚡️🛞@teslaownersSV📸 on IG: martianwheels https://t.co/S5HGLCDgZ2 ...

Core Insights - Bollinger Innovations, Inc. has announced the sale of 30 commercial electric vehicles (EVs) valued at $1,074,035 to various companies, including Ziegler Truck Group and DB Schenker [1][2] - The company has received full payment from DB Schenker and expects to receive full payment from Ziegler and Range Truck Groups by September 30, 2025 [2] - The sold vehicles include 20 Class 1 urban delivery EV cargo vans, six Class 3 urban utility EV trucks, and four Class 4 all-electric Bollinger B4 trucks [1] Company Performance - Bollinger Motors is increasing its vehicle delivery rate, with shipments ongoing through the quarter ending September 30, 2025 [3] - The demand for Bollinger's EV product lineup is reportedly growing as vehicles are delivered to customers [3] - The company's recent restructuring has led to a more efficient sales model, resulting in strong sales performance in a short period [3] Product Lineup - The commercial EV lineup includes the Class 1 urban delivery EV cargo van, Class 3 urban utility EV cab chassis truck, and the Class 4 Bollinger B4 chassis cab, designed for urban operations [3] - All vehicles are certified and available for sale across the United States [3] Company Background - Bollinger Innovations is based in Southern California and operates a vehicle manufacturing facility in Tunica, Mississippi [4] - The company has developed a dealer network of six dealers, providing sales and service coverage in key markets across the U.S. [4] - Bollinger Motors has achieved significant milestones, including the production launch of the B4 Class 4 electric truck on September 16, 2024, and establishing a dealer network with over 50 locations for sales and service support [5]

Tesla’s woes are continuing in Europe even as EVs generally are enjoying stronger demand in the region: Here's your Evening Briefing https://t.co/QWyPxGQU6x ...

Core Viewpoint - Tesla's stock has faced significant pressure, with a 3.5% drop leading into the Labor Day weekend, raising concerns about the sustainability of its rally since April [1] Group 1: Stock Performance and Technical Analysis - Tesla's current stock price is $329.36, with a P/E ratio of 190.38 and a price target of $303.31, indicating a potential downside of 7.91% [2][9] - The stock has encountered resistance between $350 and $360, failing to break through this level multiple times in recent months [2][3] - If selling pressure continues, the stock may test the $320 level, which could signal a breakdown of the April uptrend [12] Group 2: Demand and Competitive Landscape - Tesla's registrations in Sweden fell by 84% year-on-year in August, and sales in Europe decreased by approximately 40% in July, indicating weakening demand [4] - The company faces intense competition from traditional automakers entering the electric vehicle market, which threatens its previously unassailable market position [5][8] - Management has promised "volume production" of a more affordable EV by year-end, but this delay may result in lost market share [5] Group 3: Analyst Sentiment - Analysts have shown cooling conviction towards Tesla, with a lack of positive updates from major firms contributing to a bearish sentiment [9][11] - Goldman Sachs reiterated a Neutral rating, citing potential adverse effects from the expiration of U.S. federal EV tax credits and rising competition as limiting factors for the stock's upside [10]

Core Insights - Tesla's sales in China have declined, with 83,200 cars sold in August, representing a 4% decrease year-over-year [1] - Local EV startups such as Nio, Leapmotor, and Xpeng are experiencing significant growth, with record monthly sales reported in August [2] - Geely's sales surged by 38% in August, reaching nearly 150,000 vehicles, highlighting the competitive nature of China's EV market [2] Company Performance - Xpeng launched the G7 SUV priced at $27,320, while Nio introduced the L90 six-seater at $36,940, both undercutting Tesla's Model Y [3] - Xiaomi's YU7 electric car received over 240,000 preorders within 24 hours of its launch, indicating strong demand for new entrants in the market [3] - Xiaomi sold over 30,000 cars in August and is working to increase production to meet high demand, with waiting times for the YU7 exceeding a year [8] Market Dynamics - Tesla's sales challenges are attributed to a stale product lineup, prompting the introduction of an extended six-seater version of the Model Y [9] - BYD, another major player in the EV market, reported flat sales in August, indicating that the competitive pressure is affecting multiple companies [9]

Elon Musk's nightmare across most of Europe is showing no sign of ending, but in EV-mad Norway, Tesla is thriving. The Scandinavian nation is one of the first countries to have almost completely transitioned to electric vehicles, with battery-powered vehicles making up 97% of Norway's new car sales in August.Tesla is reaping the rewards of Norway's EV obsession. The US automaker is the top-selling car brand of any kind in the country this year, and saw its sales surge nearly 22% year-over-year in August, a ...

Industry Overview - The price premium for electric vehicles (EVs) over gasoline vehicles has been declining as production scales up in the industry [1] - Electric car sales experienced significant growth last year but have since stagnated and may have declined [1] Analyst Background - The analyst, Harrison, has been writing on Seeking Alpha since 2018 and has over a decade of experience in market analysis [1] - Harrison's professional background includes private equity, real estate, and economic research, complemented by an academic focus on financial econometrics and global monetary economics [1]