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☆ How much of Musk’s wealth comes from tax dollars and government help?
▼ + stars: | 2024-11-20 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

Government crucial to Musk’s net worthIt’s worthwhile to ask just how much of his world-leading net worth comes from government help over the last 10 to 15 years. Tesla and SpaceX got started – and survived their early days – with assistance from state and federal policies, government contracts and loans. Tesla buyers received federal tax credits worth an estimated $3.4 billion before the perk disappeared entirely for Tesla buyers at the end of 2019. “Take away the subsidies, it will only help Tesla,” Musk posted on his social media platform X in July. According to USASpending.gov, the government database that tracks federal spending, SpaceX has signed contracts worth nearly $20 billion.

Persons: New York CNN — Elon Musk, Donald Trump, Musk, ”, Daniel Ives, SpaceX doesn’t, Tesla’s, Noah Berger, Tesla, Trump, ” Musk, Elon Musk, Frederic J . Brown, Ives, Brandon Bell, USASpending.gov, Casey Dreier, ” Dreier, “ Elon, Dreier, CNN’s Jackie Wattles Organizations: New, New York CNN, SpaceX, Trump, Government, Wedbush Securities, Reuters, Department of Energy, Biden, US, Tesla, Getty, NASA, International Space, Planetary Society Locations: New York, Fremont , California, Hawthorne , California, AFP, Brownsville , Texas, Russia

☆ Xiaomi's SU7, the EV that has US auto bosses talking, is smashing sales targets
▼ + stars: | 2024-11-19 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

The SU7 EV has proven a hit in China, and even attracted praise from Ford CEO Jim Farley. The tech giant said it surpassed its 100,000 annual sales target for the SU7 by November. Xiaomi's SU7 has got the whole auto world talking, and the smart EV is flying off the shelves in China, passing its annual sales goal with over a month to spare. AdvertisementElon Musk's company reported slipping sales in China in October, even as rivals like BYD, Xpeng, and Zeekr tout booming sales. Xiaomi's smartphone business, meanwhile, grew by 3.1% in the third quarter of 2024, slightly behind Apple's estimated 3.5% growth in the same period.

Persons: Jim Farley, Xiaomi's SU7, Xiaomi Organizations: Apple, Revenue, EV, Ford, Elon Musk's, Business Locations: China

☆ Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +1 min

GUANGZHOU, CHINA - NOVEMBER 15, 2024 - Visitors view a Xiaomi SU7 Ultra new energy vehicle at 2024 Guangzhou Auto Show in Guangzhou, South China's Guangdong province, Nov 15, 2024. Revenue came in at 92.5 billion yuan ($12.77 billion) for the quarter ended Sept. 30, beating an LSEG consensus estimate from 15 analysts of 91.1 billion yuan. The unit reported an adjusted loss of 1.5 billion yuan for the quarter, with a gross profit margin of 17.1%. During the quarter, Xiaomi maintained its position as the world's third-largest smartphone maker with shipments of 42.8 million units, up 3% and capturing 14% of the market, according to research firm Canalys. Xiaomi reported adjusted net profit climbed 4.4% to 6.25 billion yuan, versus a consensus estimate of 5.92 billion yuan.

Persons: Xiaomi Corp, Xiaomi Organizations: Show, Publishing, Getty Images, Xiaomi, Porsche, China EV, Revenue, Huatai Securities Locations: GUANGZHOU, CHINA, Guangzhou, South China's Guangdong, China

☆ Why your next new car could very well cost more than $50,000
▼ + stars: | 2024-11-16 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. That means new car prices have risen much faster than most goods and services. But much of the reason Americans are paying nearly $50k for a car is that automakers decided to go all-in on expensive cars. The combination of higher interest rates and higher car prices, along with the biggest average loans ever taken out to buy them, lifted the average monthly car payment to $742 in October. And that would make every car built in America more expensive, because no vehicle is made with 100% American parts.

Persons: New York CNN — It’s, That’s, Buyers, ”, Ivan Drury, “, didn’t, Charlie Chesbrough, Drury, –, ” Drury, Donald Trump, Jeff Schuster, GlobalData, They’re Organizations: New, New York CNN, Cox Automotive, Nissan, Infiniti, General Motors, Ford, Jeep, Dodge, Chrysler, GM, Federal Reserve Locations: New York, Edmunds, American, United States, Stellantis, Mexico, America

☆ I drove a $43,000 Toyota Camry and saw how the best-selling car in America is now even better
▼ + stars: | 2024-11-10 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The Toyota Camry is a midsize sedan and the best-selling car in the US for the past 22 years. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSince its launch in 1983, the Toyota Camry has become the gold standard for dependable, albeit a bit dull, family transportation among American car buyers. It marked the 22nd year the midsize sedan has been the country's best-selling passenger car. This year, Toyota went hybrid-only with the Camry, which features updated styling and tech, too.

Persons: — Organizations: Toyota, Service, Toyota Camry, Honda Accord, Hyundai, Kia, Camry

Mascia had been patrolling westbound, State Police Superintendent Steven James said a week ago. Mascia claimed that as he approached the motorist, he was shot, so he retreated behind his police vehicle and the driver fled, James said. Mascia tended to his wound, James said, and called in to report that he had been shot. This week, as part of its investigation, state police executed a warrant at the home Mascia shares with his family on Long Island. Neither the State Police nor the district attorney’s office would disclose what led them to doubt Mascia’s story.

Persons: ” Maj, Stephen Udice, Trooper Thomas Mascia, Mascia, Steven James, James, James said, Udice, “ I’m, ” Udice, ”, “, Anne Donnelly, Jeffrey Lichtman, Joaquín Guzmán Loera, Chapo Organizations: New York State Police, State Police, Southern State Parkway, State, Dodge, Police, Nassau County District Locations: West Hempstead, Nassau County, Manhattan, New Jersey, Long

☆ Toyota and BMW are the latest casualties in China's evolving EV market
▼ + stars: | 2024-11-06 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Toyota and BMW both reported plunging profits on Wednesday. China's EV giants like BYD are squeezing out foreign automakers and increasingly expanding into the premium market. AdvertisementChina's EV giants are rising, putting foreign automakers under pressure in the world's largest car market. Toyota and BMW reported a drop in quarterly profits on Wednesday, with sales in China slumping for both companies as they face growing competition from local automakers like BYD. In China, meanwhile, Toyota is facing fierce competition from local EV giants like BYD.

Persons: —, BYD, Xiaomi Organizations: Toyota, BMW, EV, Service, Sales, Mercedes, Audi Locations: China, Japan

☆ Luxury European automakers are getting crushed in China
▼ + stars: | 2024-11-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

AdvertisementThe days of European carmakers dominating China's luxury vehicle market are over. A study by AlixPartners found that Chinese automakers released 40 over-the-air software updates between March 2023 and February this year, compared with just two from legacy automakers. AdvertisementHard to quitDespite a challenging environment, Western premium automakers can ill afford to give up on China. As well as increased competition, European automakers face a geopolitical headache. AdvertisementTim Urquhart, principal automotive analyst at S&P Global Mobility, told BI the European Union's tariffs on Chinese automakers meant Beijing could impose levies on European car imports in retaliation.

Persons: —, Aston Martin, James Bond, Chris Brownridge, BYD, Lutz Meschke, Max, Xiaomi, Steve Dyer, Dyer, AlixPartners, Mercedes, GAO, China's, Tim Urquhart, Urquhart Organizations: BMW, Mercedes, Benz, Porsche, Service, upstarts, Volkswagen, Royce, British, Bloomberg, Reuters, Getty, P Global Mobility Locations: China, British, London, Korea, Western Europe, Beijing

☆ 5 reasons BYD is surging ahead after eclipsing Tesla's quarterly sales for the first time
▼ + stars: | 2024-11-01 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

The Chinese EV giant said in its third-quarter earnings on Wednesday it had surpassed Tesla's revenues from EV sales for the first time. Executives have said they want half of BYD's sales to come from abroad in the future. Unlike its rival, Tesla, BYD also offers a selection of hybrid vehicles, which are popular in China. Some 311,000 of the 500,000 passenger vehicles BYD sold in October were hybrids, with hybrid sales rising by 62% year-on-year. JADE GAO/AFP via Getty ImagesBYD has sold nearly two million hybrid vehicles this year.

Persons: BYD, Elon Musk, —, Tesla, Elon, GAO, Dylan Khoo, Stella Li, MotorTrend, Axel Schmidt, David Bailey Organizations: EV, Service, BYD, Getty, Mercedes, BMW, China, ABI Research, University of Birmingham Locations: China, Costfoto, Mexico, Brazil, Americas

☆ Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China
▼ + stars: | 2024-10-31 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Investors Marc Andreessen and Ben Horowitz said Chinese EVs are beating out American and European automakers. Andreessen Horowitz founders Marc Andreessen and Ben Horowitz said on their podcast that Chinese automakers have developed high-quality and affordable vehicles supported by a robust supply chain ecosystem. With the American auto industry struggling with slowing growth in its EV market, American automakers need to be able to offer a compelling $20,000 EV that also competes on quality if the US doesn't want to "lose the auto industry," Andreessen said. Andreessen said that Chinese car brands are outperforming American EV automakers in affordability and quality, calling them "super technologically sophisticated." AdvertisementTo keep up, American automakers need to be able to offer a similarly affordable and full-featured car at the $20,000 price point, Andreessen said.

Persons: Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Xiaomi's, —, It's, Andreessen, they've, Horowitz, Jim Farley, " Horowitz, Elon Musk, Tesla, Musk, Xiaomi Organizations: Service, Centre, Strategic & International Studies, Ford, Porsche, Porsche Cayenne, American EV, Elon, Nissan Locations: China, Mexico, Dubai, American

☆ I drove a $95,000 electric BMW. It has epic performance but trails Tesla and Lucid in range.
▼ + stars: | 2024-10-30 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The rear of a 2024 BMW I5 M60 xDrive EV sports sedan. Benjamin Zhang/Business InsiderMy BMW I5 M60 xDrive came with a 257-horsepower electronic motor mounted at the front axle and a larger 335-horsepower electric motor at the back. The BMW 5-Series is known for its poise in the corners and power down the straight. According to BMW, the I5 M60 xDrive can sprint from 0 to 60 in just 3.7 seconds, but Motor Trend was able to do it in 3.4 seconds. With perfect 50/50 front-rear weight distribution, the I5 felt balanced and precise around the corners.

Persons: Benjamin Zhang Organizations: BMW, EV Locations: North Georgia

☆ I've taken the Amtrak Auto Train, where you take your car with you, over a dozen times. It's great for overpackers who want to reduce driving time.
▼ + stars: | 2024-10-30 | by ( Bobbi Dempsey | ) www.businessinsider.com time to read: +4 min

I enjoy the Auto Train — it's a great way to save about 900 miles of driving on busy highways. So it's not surprising that I'm a big fan of the Auto Train, an Amtrak route unlike any other. Related VideoI've taken the Auto Train many times over the years — often accompanied by several children — and I've really enjoyed it. The Auto Train is great for families and heavy packers who want to avoid driving too much on their tripThe Amtrak Auto Train is quite comfortable. By contrast, when you travel by Auto Train, you can bring as much stuff as you can squeeze into your vehicle.

Persons: —, it's, I've, Bobbi Dempsey, you've Organizations: Amtrak, Service, Passengers, packers, Auto Train Locations: Virginia, Florida, Lorton, Washington, Sanford , Florida, Orlando, Canada

☆ China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car
▼ + stars: | 2024-10-30 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Chinese smartphone company Xiaomi on Tuesday announced a sports car version of its SU7 electric sedan would begin preorders for the equivalent of more than $110,000. BEIJING — China's Xiaomi said Tuesday that it had delivered more than 20,000 SU7 EVs in October as it ramps up production for its electric car venture in a fiercely competitive market. While Xpeng delivered a monthly record of more than 20,000 cars in September, with about half the sales owed to its newly launched, lower-cost brand Mona, Nio has struggled to keep monthly deliveries above 20,000 cars. Zeekr , an electric car brand founded by automaker Geely, has claimed it produced more than 100,000 vehicles in 1.5 years. Data on other Chinese electric car companies' deliveries for October is expected Friday.

Persons: China's Xiaomi, Xiaomi, Tesla, Xpeng, Nio Organizations: BEIJING, EVs, Geely Locations: China

☆ The Chinese EV loved by Ford's CEO just got a lot faster
▼ + stars: | 2024-10-30 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Ford CEO Jim Farley is a big fan of Xiaomi's SU7 EV — and it just got a major upgrade. The Chinese tech giant unveiled the SU7 Ultra, a high-performance electric car with a max speed of 350km per hour. AdvertisementFord CEO Jim Farley's favorite Chinese EV just got a major upgrade. Speaking on a podcast last week, Ford CEO Farley praised Xiaomi as an "industry juggernaut" and said he was a big fan of the SU7. AdvertisementWestern automakers like Ford are under pressure from Chinese electric car makers, which are expanding rapidly worldwide.

Persons: Jim Farley, —, Jim Farley's, Xiaomi, Farley, Lei Jun, it's, I've, Tesla, Elon Musk Organizations: —, Service, Ford, Citibank Locations: China, presale, Shanghai, Chicago

☆ Lucid has high expectations for new Gravity SUV as customer orders set to open
▼ + stars: | 2024-10-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Electric vehicle startup Lucid Group is counting on its upcoming Gravity SUV to assist the automaker in a "significant increase" in sales volumes to narrow the company's losses, according to CEO Peter Rawlinson. The Gravity is Lucid's second vehicle following the Air sedan, which the luxury EV manufacturer has been selling in relatively small numbers since late 2021. Lucid on Tuesday said customer ordering for the first Gravity model, called the Grand Touring, will open Nov. 7 on the carmaker's website. Other models are expected to follow, including an entry-level $79,900 Gravity Touring trim late next year. "We believe there's about a 6-to-1 ratio … for the SUV over sedan, and that's going to put us in a very strong position."

Persons: Peter Rawlinson, It's, Rawlinson Organizations: Air, CNBC

☆ What you need to know about the Chinese EV loved by Ford's CEO — and why you can't get it in the US
▼ + stars: | 2024-10-25 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +5 min

Ford CEO Jim Farley praised the Xiaomi SU7, a new Chinese EV he's driving. Costfoto/NurPhoto via Getty ImagesThe SU7 is Xiaomi's first vehicle since the Chinese smartphone and consumer electronics giant announced plans to build an EV in March 2021. Costfoto/NurPhoto via Getty ImagesThe SU7 comes in three versions — the SU7, SU7 Pro, and the SU7 Max — that start at 215,900 yuan or about $30,300. Costfoto/NurPhoto via Getty ImagesThe SU7 turns up the wow factor in the cabin. Costfoto/NurPhoto via Getty ImagesThe car also features some impressive performance.

Persons: Jim Farley, Xiaomi, —, he's, They're, Farley, it's, Max —, Max, Ford EVs Organizations: he's, Service, Getty, Beijing Automotive, Hyundai, Mercedes, Benz, Xiaomi, Tesla, McLaren, Future Publishing Locations: China, Chicago, Shanghai

☆ The CEO of Ford says he's been driving a Xiaomi EV for the past 6 months and doesn't want to give it up
▼ + stars: | 2024-10-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Ford CEO Jim Farley says he's been driving the Chinese tech giant Xiaomi's EV for the past six months. AdvertisementFord CEO Jim Farley says he doesn't want to give up the Xiaomi Speed Ultra 7 he's been driving for the past half year. "I don't like talking about the competition so much, but I drive the Xiaomi," Farley said while speaking to the British presenter Robert Llewellyn on "The Fully Charged Podcast." The Chinese tech giant produces three versions of the car: SU7, SU7 Pro, and SU7 Max. Competing with rivals such as Xiaomi will be critical for Ford as it formulates its approach to the EV market.

Persons: Jim Farley, he's, Farley, Xiaomi, —, Robert Llewellyn, Llewellyn, I've, SU7 Max, Farley didn't, They're, BI's Matthew Loh, Loh, John Lawler, Jim, Lawler, Ford Organizations: Service, Ford, Business Insider, EV, China, Street, Changan Automobile, Research, Business Locations: British, Shanghai, Chicago, China, Brazil, Thailand

☆ JPMorgan issues short-term buy call on China electric car stock
▼ + stars: | 2024-10-21 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Analyst Nick Lai, who has an overweight rating on the Chinese electric vehicle maker, added Xpeng to the Wall Street bank's positive catalyst watch list in a 17-page report out Sunday. This comes amid JPMorgan's forecast that EREVs and plug-in hybrid electric vehicles combined will make up about 60% of the new energy vehicle market by 2030 – almost double last year's figure. Another event that could drive the stock higher is Xpeng's third-quarter results next month, which Lai thinks will show expanded gross profit margins. Heading into 2025, Xpeng should see more volume growth, JPMorgan said, with the bank forecasting 72% volume growth in 2025. As a result, Xpeng should see positive free cash flow next year and a profit in 2026, according to Lai.

Persons: Nick Lai, Lai, BEV, –, Max, Mona, Xpeng, they've Organizations: JPMorgan Locations: 4Q24, 1Q25, Xpeng

The gunman who shot a longtime Santa Monica College employee is dead following a pursuit that ended in a standoff in El Segundo, according to the Santa Monica Police Department. Police say 39-year-old Davon Durell Dean, a Santa Monica College employee, shot his coworker Monday night on campus. At about 3 p.m. Tuesday, the suspect’s car was located in El Segundo. As a result of the standoff, access to Aviation Boulevard between 124th Street and El Segundo Boulevard was closed. In wake of the on-campus shooting, Santa Monica College said counseling and mental/emotional support services would be provided to students and faculty who have been impacted.

Persons: Durell Dean, Dean Organizations: Santa Monica College, Santa Monica Police Department, Police, Aviation, El, Authorities Locations: El Segundo

☆ Woman fatally shot while exercising on popular Nashville walking trail
▼ + stars: | 2024-10-15 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

A 34-year-old woman was fatally shot Monday on a popular walking trail in Nashville, Tennessee, and police are urging the public to come forward with tips as they search for a suspect. Alyssa Lokits was found with a gunshot wound at about 5:30 p.m. on the Mill Creek Greenway off Old Hickory Boulevard, Nashville police said in a Tuesday statement. “The suspect fled the parking area in a dark colored 4-door sedan towards Old Hickory Boulevard. Anyone with information about the slaying is urged to call 615-862-8600 or Crime Stoppers at 615-742-7463. Any tipster who calls Crime Stoppers can remain anonymous and can qualify for a cash reward of up to $5,000 in homicide cases, police said.

Persons: Alyssa Lokits, “ Lokits, Lokits Organizations: Vanderbilt University Medical Center, Nashville Locations: Nashville , Tennessee, Greenway, Hickory Boulevard, Nashville, Hickory

☆ This Chinese EV maker is up for a battle with Elon Musk in China
▼ + stars: | 2024-10-15 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Chinese EV startup Xpeng is relishing the prospect of testing its tech against Tesla. Like other Chinese EV companies, Xpeng is blocked from entering the US market by tariffs. Meanwhile, Tesla has been trying to get approval to sell its autonomous driving tech in China. It will face brutal competition in China, with many EV makers marketing their own autonomous driving systems. Xpeng has enjoyed booming sales in China's red-hot EV market in recent months, posting record monthly deliveries in September.

Persons: Tesla, —, Xpeng, Brian Gu, Elon Musk's, Joe Biden, Gu, Xiaopeng Organizations: Tesla, Service, Tesla's, Paris, EV, China's EV Locations: China, Guangzhou, Europe

☆ I drove Acura's $62,000 TLX to see if it could compete with Cadillac and BMW
▼ + stars: | 2024-10-06 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The Acura TLX Type S is a high-performance variant of Acura's TLX compact luxury sports sedan. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Since the NSX sailed off into the sunset in 2022, the TLX Type S has taken up the mantle as the brand's performance flagship, competing against the Audi S4, Cadillac CT5-V, Genesis G70, and BMW M340i xDrive. The current generation of Acura's compact TLX luxury sedan launched in 2021 and received a mid-cycle refresh in 2024 with tweaked styling, updated tech, and a quieter cabin.

Persons: — Organizations: Acura, Service, Vehicles, Integra, NSX, Audi, Cadillac, BMW M340i

☆ Tesla just stopped selling the cheapest version of the Model 3 in the US. An analyst called it 'a smart strategic move.'
▼ + stars: | 2024-10-03 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

Tesla just quietly removed its most affordable Model 3 from the US lineup on its website. Analyst Dan Ives called the shift strategic, as Tesla's focus in the US remains on the Model Y. AdvertisementTesla just silently killed its most affordable version of the Model 3 sedan in the US — a good move, one bullish analyst told Business Insider. Now, the cheapest Tesla car is the Model 3 Long Range Rear-Wheel Drive, priced at $42,490. Dan Ives, an analyst at Wedbush and a longtime Tesla bull, told Business Insider that the discontinuation is "a smart strategic move" signaling a greater focus on the Long Range Model 3.

Persons: Tesla, Dan Ives, —, Elon, Ives, Nio Organizations: Service, Reuters, EV, Vehicles, China Cold Tech, US, HSBC, country's, BI Locations: China, US

Angelina Madut by that time had noticed people in a vehicle nearby – the journalists, including former HLN meteorologist Bob Van Dillen. Van Dillen spotted her. I gave her my shirt,” Van Dillen told his colleagues, according to the video. As far as she’s concerned, a shaken Madut told CNN, Van Dillen saved her life. Later, after her husband arrived, Van Dillen advised him not to drive toward the overtopped creek, to go another way instead.

Persons: Angelina Madut, Madut, Helene, Ernest, “, ”, ” “, ” Ernest Madut, –, Bob Van Dillen, ” Ernest, Angelina, Van Dillen, clasped, ” Angelina Madut Organizations: Atlanta CNN, CNN, Fox Weather, Fox Locations: Atlanta, Buckhead, Peachtree

☆ GM’s EV sales momentum is finally building as new vehicle lineup fills out
▼ + stars: | 2024-09-23 | by ( Michael Wayland | ) www.nbcnews.com time to read: +7 min

While GM has withdrawn most of its previously announced electric vehicle targets, the automaker believes its EV sales momentum is finally building thanks to an expanding lineup of all-electric vehicles — spanning a price range of roughly $35,000 to more than $300,000. GM sold nearly 21,000 EVs in the U.S. in July and August — almost matching its full second-quarter EV sales. GM’s EV sales through August were up about 70% compared with a year earlier. It still remained more than 20,000 units shy of Hyundai/Kia EV sales through last month. Growing EV lineupGrowing EV lineupGM currently offers eight “Ultium-based” EVs for consumers — referring to its electric vehicle architecture and battery technologies.

Persons: WARREN, Mary Barra, Elon Musk’s, ” Rory Harvey, “, ” Harvey, GM’s, Tesla, Harvey, ”, Stephanie Brinley, ” Brinley, EVs, ” “, ‘ Butts, Barra, carmaker Organizations: General Motors, Detroit, U.S, GM, Elon Musk’s carmaker, Hyundai, Kia, Ford, CNBC, Detroit automaker, Motor Intelligence, EV, P, ” Cox Automotive Locations: Mich, North America, U.S, Detroit, Barra, U.K, ”, EVs

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