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Volkswagen's Largest Plant In Europe Faces Job Cuts Amid Dwindling EV Sales
Thursday, September 14, 2023 - 5:09am | 485Volkswagen’s most significant electric vehicle (EV) production facility in Europe is bracing for potential job cuts due to decreased demand. A staff meeting is scheduled for Thursday to convey this news to the employees, according to a report by Electrek. The Volkswagen (...
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Volkswagen CEO Dismisses Threat From Chinese EV Makers Despite Price Surge: 'We Have A Brand Legacy'
Thursday, September 7, 2023 - 5:50am | 613Volkswagen (OTC:VWAGY) CEO, Oliver Blume, has brushed off concerns over the rising threat from Chinese electric vehicle (EV) makers, claiming European manufacturers hold an edge over their Chinese counterparts, as reported by Electrek Blume stated that Chinese manufacturers offer their...
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Volkswagen Move To Haptic Inputs From Physical Buttons A Mistake: CEO
Thursday, June 22, 2023 - 1:14am | 209Following customer feedback, Volkswagen AG (OTC:VWAGY) CEO, Thomas Schäfer, admits that the company’s decision to replace physical controls with haptic inputs was a mistake, Jalopnik reports. What Went Wrong? Many customers found the lack of physical controls in new Volkswagen models, like...
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Volkswagen's History Draws Elon Musk's Amusement, Here's Why Tesla CEO Laughed
Monday, June 19, 2023 - 9:54am | 389Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Saturday shared a laugh on rival EV maker Volkswagen AG‘s (OTCPK: VWAGY) history. What Happened: The CEO replied with a laughing emoji to a meme shared by a Twitter user on Volkswagen’s awkward history. 😂 — Elon Musk (@elonmusk)...
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Elon Musk On Tesla Making Zero Profit, Rivian Reclaims Partial Tax Credit, Lordstown Mulls Reverse Stock Split And More: Biggest EV Stories Of The Week
Saturday, April 22, 2023 - 11:02am | 880Electric vehicle stocks moved down alongside the broader market in the week ending April 21. Tesla, Inc. (NASDAQ: TSLA) set the ball rolling with mixed quarterly results. Here are the key events that happened in the EV space during the week: Tesla’s Q1, Price Adjustments And...
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Volkswagen Reveals Elon Musk's Unrealized Dream Car With Latest $25,000 Entry-Level Electric Vehicle
Monday, March 20, 2023 - 2:45pm | 810In 2017, Tesla Inc. (NASDAQ: TSLA) didn’t quite have the same pull it does today. The stock was heavily shorted, analysts were almost certain it would fail and even CEO Elon Musk wasn’t certain of the company’s future. The company was bleeding money and running on pipe...
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Tesla Stock Falls, Ford F-150 Lightning Recall, And More: Biggest EV Stories Of The Week
Saturday, March 11, 2023 - 12:11pm | 1106The week was marred by negative headlines surrounding electric vehicle companies, and, unsurprisingly, a number of EV stocks ended deep in the red. Here are several key events that happened during the week: Tesla Drops Prices Further, Faces Regulatory Scrutiny And...
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Alyssa Milano Ripped On Twitter After Returning Her Tesla for Volkswagen: Elon Musk Responds
Monday, November 28, 2022 - 9:27am | 813Actress and political activist Alyssa Milano recently boasted about trading in a Tesla for a Volkswagen electric vehicle. She said on Twitter that it was to defy "hate and white supremacy" and businesses buying ads on Twitter. I gave back my Tesla. I bought the VW ev...
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Barron's Latest Picks And Pans: Amazon, Johnson Controls, Porsche, Walmart And More
Monday, July 5, 2021 - 7:37am | 1059The cover story in this weekend's Barron's offers investment opportunities as Europe's economy and markets rebound. Other featured articles discuss European airline stocks ready to soar, the worst retail stocks of the first half of 2021 and the passing of the baton at Amazon. Also, see...
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The EQS Promises To Turn Things Around For Mercedes Benz In The EV Race
Tuesday, April 13, 2021 - 10:33am | 992The iconic Mercedes-Benz, subsidiary of Daimler AG (OTC: DDAIF) can brag that it gave the world the first production automobile. It has a history as an innovator and a relentless pursuer of quality and engineering excellence. It has a status as many consumers find owning a Mercedes-Benz is a sign...
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Premium Brands Are Going For Their Piece Of The EV Pie
Wednesday, March 17, 2021 - 1:55pm | 1235Automakers across the globe have revealed plans to electrify their fleets over the next decade, with some announcing goals for fully electrified lineups in less than five years. It was only a matter of time for premium brands to join the EV train as 100 all-electric EV models are set to debut by...
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Bringing EVs To The Masses
Thursday, March 11, 2021 - 11:17am | 788Tesla Inc (NASDAQ: TSLA) is still the EV leader in critical technical areas, with its most relevant long-term advantage being the software along with its integrated electric powertrain, "relentless engineering," digitization, and autonomous driving features. However, new entrants are...
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Barron's Latest Picks And Pans: Lowe's, Microsoft, Vertex Pharmaceuticals, ViacomCBS And More
Sunday, March 7, 2021 - 8:19am | 1111This weekend's Barron's provides some insight into Cathie Wood, one of Barron's 100 most influential women in the United States this year. Other featured articles discuss how Barron's ugly stock picks have fared since last summer, two companies that are reinventing themselves and...
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Volkswagen Chief Says Company 'Not Afraid' Of Apple Electric Car
Sunday, February 14, 2021 - 4:14pm | 331Volkswagen (OTC: VLKAF) CEO says the company is not worried about the prospect of an electric car from Apple Inc (NASDAQ: AAPL). What Happened: Rumors have been flying that the Sacramento-based tech giant might be getting ready to jump into the auto industry. In December,...
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'Make Or Break': Stock Market Update For The Week Ahead
Sunday, July 26, 2020 - 8:14pm | 1659The Last Week, In A Nutshell What Happened: Stocks closed the week lower on an escalation of U.S. and China tensions, mixed reactions to earnings results, and delays in stimulus talks. Remember This: “Congress’ decision on a new wave of support could make or break the next leg of the...