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Tesla lays off interns before summer | Giga Gears

Good morning! It’s Friday, May 3, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

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“Older EVs Facing Early Demise Can Be Saved | Giga Gears”

When you were a kid and you had a little radio control car that you zoomed around the kitchen floor or built jumps for in the back yard, did you throw it away when the batteries died? For many owners of early electric vehicles from a decade or more ago, that seems to be the answer to electrical issues. If your 2012 Tes…

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VinFast’s Cash Burn Rate is Alarming | Giga Gears

Good morning! It’s Friday, April 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

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Stellantis CEO Warns EV Mandates Could Harm Industry

Jurisdictions around the world are imposing EV mandates, regulating ICE vehicles out of production and sale. This is probably a necessary step to prevent us all from drowning in our homes, but the folks who sell ICE vehicles aren’t happy about it. Case in point: Stellantis CEO Carlos Tavares, speaking to a group of UK…

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Automakers Continue to Discontinue Small Cars, Regretting Decision Later | Giga Gears

The EV revolution has hit a stumbling block. Sure, sales are technically rising, but they’re not rising anywhere near as quickly as projected. Automakers like Ford are losing big on each vehicle sold, with losses totaling in the billions — and now, The Verge reports that Ford is starting to wonder if maybe it should…

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