Day: August 16, 2023

Tesla unveils cheaper Model S and Model X versions that cost $US10,000 less than their previous base prices

Chief executive Elon Musk said last month that Tesla would have to keep lowering prices if interest rates continued to rise, and has warned he’s willing to sacrifice profitability to keep growing sales.

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Genesis’ new car sales figures prove SUVs are the way to market success in Australia – Car News

The Genesis story in Australia has been a slow burn – not exactly the six days it took in that Genesis – but it’s starting to prove there’s a market for its niche

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VinFast goes public, shares surge

Some of VinFast’s rivals, including Nikola Corp. and Lucid Motors, have seen their valuations plunge after their SPAC listings. Nikola now commands a market value of $1.4 billion, versus $13.9 billion before listing

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