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After tearing down Tesla Model 3, analyst says profit potential huge, but 'this body is their single biggest problem'

After tearing down Tesla Model 3, analyst says profit potential huge, but 'this body is their single biggest problem'

The manufacturing analysts who spent 6,600 hours inside a warehouse north of Detroit picking apart a Model 3 have good news and bad news for Tesla.
Tesla secures site for China Gigafactory

Tesla secures site for China Gigafactory

Tesla has signed an agreement with the Shanghai government for an 212-acre plot of land to build its first overseas Gigafactory.
BMW X7 to start at $74,895

BMW X7 to start at $74,895

BMW is filling out its product lineup with the launch of its largest crossover to date. The new X7, available at U.S. dealerships in March starting at $74,895, addresses a shortcoming in BMW's
Luxury EV startup plans for AutoMobility LA debut

Luxury EV startup plans for AutoMobility LA debut

Rivian Automotive, an upstart electric vehicle maker headquartered in suburban Detroit, plans to introduce its first pair of electric, off-road vehicles -- a crossover and a pickup -- in November at
Why Walmart is partnering with Advance Auto Parts

Why Walmart is partnering with Advance Auto Parts

Walmart announced a partnership with Advance Auto Parts that will create an automotive specialty store on Walmart.com. The news comes one day after its competing retailer Sears filed for bankruptcy.
Tesla, GM in line for EV boost under U.S. Senate bill

Tesla, GM in line for EV boost under U.S. Senate bill

Tesla and GM, which have lobbied Congress to lift a cap on electric vehicles eligible for a $7,500 federal tax credit, could get their way for up to four years under a new proposal from a Republican
Ohio dealer Rhett Ricart elected NADA's next vice chairman

Ohio dealer Rhett Ricart elected NADA's next vice chairman

The National Automobile Dealers Association has elected Ohio dealer Rhett Ricart as its next vice chairman, meaning Ricart is in line to become chairman in 2020.
What this former Ford exec will do at Pandora

What this former Ford exec will do at Pandora

One of Ford's top connected vehicles executives has been hired by Pandora to help the streaming music company form partnerships with the auto industry.
Cable industry moves to snatch airwaves away from 'talking cars'

Cable industry moves to snatch airwaves away from 'talking cars'

Twenty years ago automakers won the rights to use a portion of U.S. airwaves for ultra-safe 'talking cars.' But now the cable industry wants more of those airwaves.
Why a NAFTA vote will likely wait until 2019

Why a NAFTA vote will likely wait until 2019

The renegotiated U.S. trade deal with Mexico and Canada won't get a vote in Congress this year, Senate Majority Leader Mitch McConnell said, setting up a potential fight with Democrats next year.
Tesla's Supercharger network is the template for the hydrogen era

Tesla's Supercharger network is the template for the hydrogen era

A Tesla-like nationwide network of hydrogen fueling stations could help reduce the time it will take for fuel cell vehicles to become economically viable to manufacture.
Paul Allen, Microsoft co-founder, TrueCar investor, dies at 65

Paul Allen, Microsoft co-founder, TrueCar investor, dies at 65

Paul Allen, who co-founded Microsoft, a key supplier to the auto industry who used the fortune he made from the tech giant to invest in TrueCar, professional sports teams, cable TV and real estate,
New Goodyear service offers replacement tires at consumers' homes

New Goodyear service offers replacement tires at consumers' homes

Goodyear Tire and Rubber hopes it can sell more tires by offering consumers an easier way to buy and install them, in an effort that may challenge franchised auto dealers.
Uber gets IPO proposals at potential $120 billion valuation, report says

Uber gets IPO proposals at potential $120 billion valuation, report says

Uber has recently received proposals from banks for an initial public offering valuing the ride-hailing company at as much as $120 billion, The Wall Street Journal reported.

Elon Musk, Tesla settlement with SEC over tweets approved by U.S. judge

A federal judge approved a $40 million settlement by Tesla and CEO Elon Musk with stock regulators, resolving claims that Musk misled the public on Twitter about a plan to take the company private.
The dirt on 'clean' electric cars is just under the hood

The dirt on 'clean' electric cars is just under the hood

Every major carmaker has plans for electric vehicles to cut greenhouse gas emissions, yet their manufacturers are, by and large, making lithium ion batteries in places with some of the most polluting
U.S. seeks Mexican steel export quotas, negotiator says

U.S. seeks Mexican steel export quotas, negotiator says

The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs, the chief trade negotiator of Mexico's incoming government said, adding the
Elon Musk says Tesla owners who ordered full self-driving EVs to get chip upgrade

Elon Musk says Tesla owners who ordered full self-driving EVs to get chip upgrade

A new chip that improves Autopilot features will be available six months in advance to people who ordered the full self-driving version of the electric cars.
Ford's new Territory crossover part of plan to regain lost ground in China

Ford's new Territory crossover part of plan to regain lost ground in China

Ford, while unveiling the new Territory crossover, said its plan to release a spate of new models will help turn around tumbling sales in the world's top auto market beginning next year.
TomTom loses Volvo contract

TomTom loses Volvo contract

That fed into concerns of critics who said a deal Google made last month with Renault, another TomTom customer, meant the company risked being relegated to third place in its main market.