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A major auto supplier for Tesla, VW, Ford to slash 10K jobs

Electrek

Forvia, a major supplier for Stellantis, Volkswagen, Tesla, and Ford, plans to cut as many as 10,000 jobs in Europe over the next five years. The news falls days after major auto supplier Continental announced that it too was cutting its workforce by 7,150 jobs.

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Tesla Cybertruck to be featured at 2024 Chicago Auto Show

Teslarati

The Tesla Cybertruck, together with its stablemates, will be displayed at the 2024 Chicago Auto Show, one of the United States’ most prolific automotive events. Updates from the organizers of the 2024 Chicago Auto Show indicate that the Cybertruck has arrived at the event’s venue, and it is ready for some visitors.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Ford EV “skunkworks” team is led by a Tesla alumni

Teslarati

Ford CEO Jim Farley noted during the automaker’s Q4 2023 earnings call that the company has a dedicated “skunkworks” team that has been developing a new electric vehicle platform focused on cost reduction. Clarke’s position in Ford’s EV skunkworks team was initially mentioned in a TechCrunch report.

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Ford poaches ex-Tesla, Rivian, and Apple talent to develop affordable EVs

Baua Electric

As the race heats up to introduce more affordable electric cars, Ford is bringing on some of the best EV engineers to help it compete. Over the past few months, Ford has hired talent from Tesla, Rivian, Apple, and Lucid to help accelerate the development of affordable EVs.

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Ford CEO Farley Again Promises Profitable, Affordable EVs for the Masses

The Truth About Cars

Ford loses more than six figures on every EV that it sells, but that hasn’t tempered CEO Jim Farley’s ambitions. Saying that China’s investments in EVs have “paid off so far,” Farley noted that Ford is on track for its next-generation electric models to be profitable and affordable. Images: Ford] Become a& TTAC& insider.

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. In a column shared on Friday, Automotive News Executive Editor Jamie Butters laid out an update to a 2022 piece that had initially called Tesla a luxury brand. average car price.