electric vehicles

Tesla’s new growth plan is centered around mysterious cheaper models

Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The new and accelerated plan now includes “more affordable models” that the company claims will be launched next year. Or if Tesla CEO Elon Musk is […]

Tesla’s new growth plan is centered around mysterious cheaper models Read More »

Tesla launches new Model 3 Performance variant to rev up demand

Tesla has officially revealed a new Performance variant of the recently refreshed Model 3 sedan as the company looks to fight off receding demand. The new version of the Model 3, which starts at $52,990, has a new active damping system and adaptive suspension for better handling and comfort, 296 miles of battery range and

Tesla launches new Model 3 Performance variant to rev up demand Read More »

Fisker plans more layoffs as cash dwindles and bankruptcy looms

Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection within the next 30 days if it can’t come up with that money, according to a U.S. Securities and Exchange Commission regulatory

Fisker plans more layoffs as cash dwindles and bankruptcy looms Read More »