Category: eV

Tom Zhu: Tesla’s China chief is now the company’s most powerful executive after Elon Musk

Tesla's China chief Tom Zhu is reportedly the second highest-profile executive of the billion-dollar electric vehicle (EV) company after Chief Executive Officer Elon Musk. As part of the purported promotion, Zhu, a New Zealand national who was born in China, will directly oversee Tesla’s assembly plants in the United States and its sales operations in North America and Europe. The uncovered chart allegedly does not state that Zhu will be involved with the EV company’s vehicle design and development, two areas in which Musk is heavily involved.

Could Tesla Become A Trillion-Dollar Stock Again?

Tesla was a trillion-dollar stock most recently in April, but it has lost over half of its value since. Amidst economic downturn and increasing competition in the electric vehicle sector, some analysts are questioning whether or not Tesla could become a trillion-dollar stock again in the future. The trillion-dollar stock club currently only belongs to […]

GM hikes 2023 Chevy Bolt EV price as $7,500 tax credit returns

2023 Chevrolet Bolt EVThe 2023 Chevrolet Bolt EV once again qualifies for the federal EV tax credit, but now it's also getting a small price increase. General Motors lost eligibility for the $7,500 credit when it reached the 200,000-unit sales cap that was previously in place. Under the revamped rules enacted as part of the Inflation Reduction Act (IRA) and due to take...