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Buzzy new EV startup Slate Auto has racked up more than 100,000 reservations for its customizable low-cost electric pickup truck, the company has confirmed to TechCrunch. Slate crossed the milestone over the weekend, just a little more than two weeks after coming out of stealth mode and unveiling the truck at an event in Los […]
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Tesla has continued its domination in the California auto market as the state’s New Car Dealers Association (CNCDA) has released data from the first quarter of 2025. 2025 is going to be one of the more difficult years to determine the outlook of the automotive sector due to the uncertain impact of tariffs and how […]
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Shares of embattled carmaker Tesla have reached a bearish “death cross” this week, indicating heightened volatility and future losses. A “death cross” indicates when a company’s 50-day moving average crosses below its 200-day average, as Business Insider explains. It’s the first time the EV maker flashed a death cross since May 2022. While there’s no […]
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Last week, Rivian Automotive (NASDAQ: RIVN) drastically slashed its 2024 outpout goal over yet another supply chain disrution. Bloomberg reported that a communication blunder left the EV maker without critical supplies. With this big blow to its supply chain, growth is in for a major setback this year as this supply chain fumble will cost […]
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