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Tesla Slashes Cybertruck Production Goals as Sales Decline

The automaker reduces assembly targets, reallocates staff, and offers steep discounts to address mounting inventory and quality concerns.

Stories older than 24h

Kia EV4 Makes U.S. Debut as First Global Electric Sedan

Harley-Davidson Investor Demands Leadership Overhaul Amid Financial Struggles

UK Business Confidence Hits Two-Year Low Amid Tax Hikes and US Tariff Uncertainty

Tesla's Software Chief David Lau Steps Down After 13 Years

Vistry Faces Profit Slump as It Eyes Recovery with £2 Billion Affordable Housing Boost

Mobileye and Volkswagen Partner to Enhance Driver Assistance Systems

Cadillac Unveils 2025 Escalade IQ: A 9,000-Pound Luxury EV with 460-Mile Range

Tesla Pauses Cybertruck Deliveries Over Metal Panel Adhesive Failure

Tesla Plans for Cheaper Model Y to Address Global Sales Challenges

Volkswagen Faces Challenges with Profit Margins, Trade Tensions, and EV Competition

Aston Martin Announces Job Cuts and Delays Electric Vehicle Launch

Rivian Achieves First Gross Profit but Faces Policy and Market Challenges

U.S. Liquor Sales Decline in 2024 as Tariffs and Inflation Threaten Industry

Starbucks Offers Free Coffee to Rewards Members on 'Starbucks Monday'

Kim Jones Departs Dior Men After Seven Transformative Years

Starbucks CEO Brian Niccol Earned $96 Million in Just Four Months

EA Lowers Financial Outlook as Flagship Games Underperform

Johnson & Johnson Exceeds Q4 Expectations with Strong Cancer Drug Sales

Apple's Global Market Share Declines as iPhone Sales Fall in 2024

Mark Zuckerberg Criticizes Apple for Lack of Innovation and Restrictive Ecosystem

Ulta Beauty Appoints Kecia Steelman as CEO, Raises Holiday Quarter Outlook

Lucid Exceeds 2024 EV Production and Delivery Targets with Record Growth

Tesla Faces Declining Sales and Intensifying Competition

Apple Slows Vision Pro Production After Weak Sales and Customer Dissatisfaction

NIO's Onvo L60 Delivers 20,000 EVs in 100 Days, Poised to Reshape Market

Nio Launches Firefly EV Brand Targeting Compact Car Market

China’s BYD Poised to Surpass Ford and Honda in Global Sales for 2024

Stellantis Recalls Over 300,000 Ram Trucks for Braking System Defect

Global Smartphone Sales Rebound, But iPhone Growth Lags Behind

NVIDIA Reportedly Developing RTX 5090D GPU for Chinese Market

Apple’s Base iPhone Models Dominate Sales Over Pro and Plus Versions

Applied Materials Stock Dips After Mixed Earnings and China Sales Decline

Audi Faces Potential Job Cuts Amid Financial Struggles

BMW and Audi Report Drastic Profit Declines Amid Market Challenges

Domino's CEO Don Meij Steps Down After 22 Years

Nike and Kohl's Top Consumer Favorites Despite Financial Struggles

Renault Defies Market Trends with 1.8% Revenue Increase in Q3

Tim Cook Strengthens Apple's Commitment to China Amid AI Delays

iPhone 16 Sales Surge 20% in China, Outperforming Predecessor

Boohoo CEO Steps Down Amid Strategic Brand Review

7-Eleven to Close 444 Underperforming Stores in North America

LVMH Acquires Stake in Moncler Amid Strong Sales and TikTok Popularity

Apple iPhone 16 Series Released: Incremental Upgrades with Future AI Potential

Stuart Rose Takes Over Asda Leadership as Mohsin Issa Steps Back

Stellantis Faces Backlash from UAW and Dealers Over CEO's Strategy

Stellantis to Invest $406 Million in Michigan Plants for EV Production

TSMC Reports 33% Revenue Growth in August on High AI Chip Demand

Brian Niccol Faces Steep Challenges as Starbucks' New CEO

Sony's Concord Faces Major Setback with Disappointing Sales

Samsung's Galaxy Z Fold 6 Faces Mixed Reception: Paint Issues and Special Edition Details Emerge

Polestar Faces Challenges Amid Leadership Change and Market Struggles

Fast Food Chains Revamp Value Menus to Counter Rising Prices

Stellantis Faces Steep Profit Decline Amid North American Struggles