Latest News Updates From Craig Trudell

GovernmentBusinessTechnologySafety

Tesla Recalls Cybertrucks Twice in One Day

Tesla Inc. is recalling its Cybertruck model again over faulty windshield-wiper components and trim pieces that may come loose while driving.

June 25, 2024
BusinessEquipment

Geely to Sell $1.32 Billion of Volvo Truck Shares

Shares of truck maker Volvo AB dropped as much as 5.9% in Stockholm on news that China’s Zhejiang Geely Holding Group had sold the entirety of its Class B shares, worth about $1.3 billion.

April 19, 2024
GovernmentBusinessTechnologySafety

Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

April 19, 2024
BusinessTechnology

Tesla’s Next Major Growth Phase May Be Years Away

Tesla is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said.

March 11, 2024
BusinessTechnology

Tesla Rakes In Billions From Selling Regulatory Credits

Tesla continues to cash in on other carmakers needing help to meet emissions standards, keeping up a lucrative business the company thought would fade away: selling regulatory credits.

February 9, 2024
BusinessTechnologyEquipment

Tesla Starts Cybertruck Production Two Years Behind Schedule

Almost four years after Elon Musk first unveiled Tesla Inc.’s debut pickup, the automaker has built its first Cybertruck.

July 17, 2023
BusinessTechnology

EV Startups Confronting Setbacks

Truck manufacturer Nikola Corp. and delivery-van maker Arrival added to a series of misfortunes for electric vehicle startups struggling to make it to mass production.

July 5, 2023
BusinessTechnologyFuel

Arrival Set Out to Beat Google, Got Stuck at the Starting Line

When Arrival, the primarily U.K.-based electric van and bus maker, was preparing to go public via a blank-check deal early last year, its ambition seemingly knew no bounds.

August 25, 2022
GovernmentBusinessTechnologySafetyAutonomous

Musk Doesn’t Want to Hear Complaints About Driving System

Elon Musk doesn’t want to hear complaints from customers trying out the driver-assistance system that Tesla Inc. plans to start charging $15,000 for in the coming weeks.

August 24, 2022
BusinessTechnologyFuel

Tesla Pauses Plant Production

A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.

July 5, 2022