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☆ Why Tesla's sales are slipping in California, and what it means for Elon Musk's car company
▼ + stars: | 2024-10-30 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

Tesla's falling California sales point to bigger problems for the car company. AdvertisementTesla is losing some ground in its home state of California, signaling more trouble ahead for the world's largest electric car company. As electric car sales rose 2% in California, Tesla's sales in the state fell 3.5%, according to third-quarter figures from the California New Car Dealers Association. The losses don't upset Tesla's market dominance: the Elon Musk-led company still accounted for more than half of all EV sales in California for the quarter. "Tesla's sales are actually doing great," he said during a recent X space.

Persons: —, Tesla, That's, Elon, Elon Musk, Donald Trump, Jason Bateman, Bateman, Tim Walz, Sean Hayes, Will Arnett, it's, MAGA Organizations: Service, Car Dealers, EV, Hyundai, BMW, Republican, Trump, Cox Automotive Locations: California

☆ Elon Musk wants to take humanoid robots mainstream with Optimus. Making them 'the biggest product ever' will be tough.
▼ + stars: | 2024-10-11 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Tesla plans to unleash a new generation of humanoid robots. Related storiesMusk's plans to make humanoid robots mainstream face some tough challenges, however. Before these new iterations were revealed, industry watchers were already predicting explosive growth in the humanoid robotics market. AdvertisementIt is unclear how Musk's Optimus robots will stand out in this fast-growing market and become "the biggest product ever of any kind." Making further improvements to humanoid robots is a tough technical challenge.

Persons: Tesla, Elon Musk, Optimus, Musk, —, Elon, Cybertruck, livestream, Jensen Huang, Huang, Goldman Sachs, Paul Miller, Forrester, Jim Fan, Gene Organizations: Service, Warner Bros, Elon, Tech, Amazon, Oregon State University, Robotics, Nvidia, Star Wars, Hyundai, Boston Dynamics, Deepwater Asset Management, Optimus Locations: Burbank , California

☆ Elon Musk is about to reveal Tesla's Robotaxi. Uber and Lyft should be nervous.
▼ + stars: | 2024-10-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Tesla is expected to unveil a new service at its Robotaxi event that will impact Uber and Lyft. The ride-hailing industry has so far been dominated by two major players — Uber and Lyft — and Gawrelski said Tesla's Robotaxi could mark a new challenger jockeying for market share. Uber, Lyft, and Tesla did not immediately respond to a request for comment. Ives said Tesla's Robotaxi event will be a historical day for the auto industry — and it will pressure Uber to seek out more partnerships. In September, Waymo announced that its Waymo One ride-hailing service would be available to users in Austin and Atlanta exclusively through the Uber app.

Persons: Tesla, Uber, —, Elon Musk's, Musk, There's, Wells, Ken Gawrelski, Gawrelski, there's, Morgan Stanley, — Uber, Lyft, Tesla's, jockeying, he's, Wolfe, Shweta Khajuria, Robotaxis, Khajuria, Waymo, Dan Ives, Ives, FSD, Cruise, Dara Khosrowshahi, Khosrowshahi Organizations: Service, Hollywood, Elon, Wolfe Research, EV, Los Angeles, Starbucks Locations: Austin, Atlanta, San Francisco, Phoenix, Los

☆ Not seeing capital return from Ford, says RBC's Tom Narayan
▼ + stars: | 2024-07-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNot seeing capital return from Ford, says RBC's Tom NarayanTom Narayan, RBC Capital global autos analyst, joins 'Squawk on the Street' to discuss Ford earnings, Tesla's EV business, and more.

Persons: Tom Narayan Tom Narayan Organizations: Ford, RBC Capital, EV

The future of Tesla Supercharging is uncertain following CEO Elon Musk's disbanding of the Supercharging team as part of a broader restructuring. The roughly 500 layoffs included senior director of EV charging Rebecca Tinucci and Daniel Ho, director of vehicle programs. "I would describe the Supercharger network as one of the crown jewels of Tesla," said Andres Pinter, co-CEO of Bullet EV Charging Solutions. "Instead of doing victory laps and building the Supercharger network and reaping the benefits of this asset, suddenly there's this pause." Musk said in a post that Tesla still plans to grow the Supercharger network, just at a slower pace.

Persons: Elon Musk's, Rebecca Tinucci, Daniel Ho, Tesla, Andres Pinter, It's, Musk, Matt Teske Organizations: EV, Solutions, Bloomberg, Tesla, Ford Motor, General Motors Locations: North America

☆ Tesla earnings are coming up. Here's what traders are looking for in the report
▼ + stars: | 2024-04-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

Tesla is due to report earnings after the bell Tuesday, with Wall Street looking for any sign of a reprieve from this year's struggles. Here's the company's setup heading into the report, what analysts expect and which product updates analysts and investors are going to focus on. Big earnings drop expected For the first quarter, analysts polled by LSEG expect Tesla to report earnings of 51 cents per share, which represents a 39.8% year-over-year decline in earnings. Wells Fargo's Colin Langan maintained his underweight rating and cut his price target to $120 a share, citing poor fundamentals. Deutsche Bank's Emmanuel Rosner downgraded the stock to hold from buy and slashed his price target to $123 a share.

Persons: Tesla, Tom Narayan, Itay Michaeli, Wells Fargo's Colin Langan, Deutsche Bank's Emmanuel Rosner, Rosner, Morgan Stanley's Adam Jonas, Jonas, Elon Musk, Musk, America's John Murphy, Murphy, Deutsche Bank's Rosner, Levy Organizations: Management, RBC, LSEG, Citi, Deutsche, EV, Reuters, America's, Barclays, Tesla

☆ Ford shares surge on Tesla's EV price cuts as the legacy automaker falls back on its roots
▼ + stars: | 2024-04-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Strong bounce: The S & P 500 was on pace Monday afternoon to break a streak of six down days in a row. (The S & P 500 fell 3% last week.) Ford rallies: Ford was our best-performing portfolio stock Monday and one of the top-performing stocks in all of the S & P 500. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Financials, Wells Fargo, Wells, Ford, Tesla, Jim Farley, Farley, Abbott, Watson, Mead Johnson, Reckitt Benckiser, Johnson, Lockheed Martin, Sherwin Williams, We're, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Ford, Abbott Laboratories, NEC Society, Abbott, Johnson, SAP, Cadence Design Systems, Nvidia, Danaher, Motors, UPS, GE, PepsiCo, RTX Corp, Lockheed, Treasury, Jim Cramer's Charitable Locations: Wells, Cleveland, Nucor, Freeport, McMoRan

☆ Elon Musk called Tesla's Sweden strike 'insane' — now it's spreading to Denmark
▼ + stars: | 2023-12-05 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Tesla faces a wave of strikes in Sweden, with unions calling for better pay and benefits. Elon Musk called the strikes, which have disrupted deliveries, "insane" in a post on X. Now they are spreading to Denmark, with Danish dockworkers also refusing to unload Tesla's EVs. AdvertisementTesla is embroiled in a growing battle with unions in Europe after the wave of strikes impacting the company in Sweden spread to Denmark. AdvertisementNine other Swedish unions have joined the strike in solidarity, with dockworkers refusing to unload Tesla's cars at ports and electricians refusing to repair the company's charging stations .

Persons: Tesla, Elon Musk, Danish dockworkers, —, Jan Villadsen Organizations: Danish, Service, Reuters, Sweden's Transport Agency, Denmark aren't, United Auto Workers, UAW, Business Locations: Sweden, Denmark, Europe, Danish, Swedish, Sweden's

☆ White House joins the chorus blasting Elon Musk over antisemitic tweet
▼ + stars: | 2023-11-17 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

The White House blasted Elon Musk after he endorsed an antisemitic post on X. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe White House on Friday blasted Elon Musk for the "abhorrent promotion of Antisemitic and racist hate" after the Tesla CEO replied with his approval to an antisemitic tweet. "The ADL unjustly attacks the majority of the West, despite the majority of the West supporting the Jewish people and Israel," Musk wrote. The world's richest person has a tenuous relationship with the Biden White House.

Persons: Elon Musk, —, Andrew Bates, Bates, Musk, Dustin Moskovitz, Jonathan Greenblatt, Musk's, Greenblatt, Vox, Joe Biden, Ron DeSantis Organizations: Elon, Service, Twitter, New York Times, IBM, Defamation League, Biden White, EV, Florida Gov, SpaceX Locations: Israel, America, Florida

☆ Biden backs Tesla, Toyota unionization, slams Trump
▼ + stars: | 2023-11-09 | by ( Nandita Bose | ) www.reuters.com time to read: +5 min

BELVIDERE, Illinois, Nov 9 (Reuters) - President Joe Biden on Thursday backed the United Auto Workers' efforts to unionize carmakers Tesla (TSLA.O) and Toyota (7203.T) and asked auto workers to reject his Republican opponent, Donald Trump. En route to the event, Biden told reporters that he “absolutely” supports the UAW's efforts to unionize Tesla and Toyota workers. Tesla did not immediately respond to a request for comment on the remark by Biden, who has backed UAW efforts in other speeches. Trump, the frontrunner for the Republican presidential nomination, visited a nonunion factory in Michigan in September while Biden joined a picket line with striking UAW workers, Biden reminded workers. MUSK'S ANTI-UNION STANCEBiden's comments may renew friction between the U.S. president and Tesla CEO Elon Musk, especially as the UAW seeks to organize Tesla workers.

Persons: Joe Biden, carmakers Tesla, Donald Trump, Biden, Shawn Fain, unionize Tesla, Tesla, Trump, Fain, Elon Musk, Musk, Biden sparred, UAW's Fain, Mark Burton, Gretchen Whitmer, Burton, Nandita Bose, Susan Heavey, David Shepardson, Sayantani Ghosh, Steve Holland, Heather Timmons, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, Toyota, Republican, UAW, Democratic, Union, U.S, nonunion, GM, National Labor Relations Board, NLRB, Trump, Labor, Biden, General Motors, Ford, Dodge, Michigan, San, Thomson Locations: BELVIDERE , Illinois, Belvidere , Illinois, Belvidere ., Michigan, U.S, Georgetown , Kentucky, Tesla’s Fremont , California, Honigman, Washington, San Francisco

DETROIT (AP) — Owners of Toyota and Lexus electric vehicles in North America will be able to charge on Tesla's network starting in 2025, and the Japanese automaker also will start using Tesla's EV connector. In a statement Thursday, Toyota says it will adopt Tesla's North American Charging Standard plug in a little over a year. The announcement comes just after Hyundai, Kia and BMW made similar announcements for their electric vehicles. In June SAE International, formerly the Society of Automotive Engineers, said that it would set performance standards for Tesla’s electric vehicle charging cords. Volvo Cars has also signed a deal with Tesla to join its charging network.

Persons: Rivian, Tesla Organizations: DETROIT, Toyota, Lexus, Tesla, EV, Hyundai, Kia, BMW, SAE International, Society of Automotive Engineers, U.S, Ford, General Motors, Volvo Locations: North America, U.S

☆ Tesla's dominance in the EV market is fading — and all hinges on the Cybertruck
▼ + stars: | 2023-10-12 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +4 min

Tesla needs the Cybertruck to claw back market share from other brands. After years of little-to-no competition, Tesla's EV dominance is being tested. Four years later, the Cybertruck finally arrives in an increasingly crowded EV market and, for the first time, as a late-arriver to its electric truck segment. Even as total EV sales in the US hit a record high in the third quarter, Tesla's share fell to a record low of 50%, according to Cox Automotive . AdvertisementAdvertisementTesla's first foray into the lucrative truck market is supposed to hit consumer driveways any day now , and it couldn't be coming at a better time.

Persons: Tesla, —, Tesla's, that's, It's, Cox, Musk, Sam Fiorani Organizations: Service, Elon, Cox Automotive, Ford, GM, Volkswagen, Hyundai, Chevrolet, AutoForecast Solutions, Tesla

☆ Hyundai and Kia to adopt Tesla's EV charging tech next year
▼ + stars: | 2023-10-05 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

Hyundai Motor and Kia announced Thursday they will soon adopt Tesla's electric vehicle charging system, beginning in the fourth quarter of 2024 in the United States. Hyundai and Kia join others like Ford and General Motors to integrate the Tesla charging ports, called North American Charging Standard, into their electric vehicles, allowing drivers to use any Tesla charging stations. The charging tech has gained steam in recent months toward becoming a unified charging standard among electric vehicle makers. "Our collaboration with Tesla marks another milestone in our commitment to delivering exceptional EV experiences to our customers," said José Muñoz, president and global COO of Hyundai. Additionally, owners of current Hyundai and Kia electric vehicle models will be able to access Tesla Superchargers using adapters beginning in the first quarter of 2025.

Persons: Tesla, José Muñoz, Mary Barra Organizations: Hyundai Motor, Kia, Hyundai, Ford, General Motors, South Korean, Hyundai EV Locations: United States, U.S, Canada, Mexico, North America

☆ More automakers plug into Tesla's EV charging network
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

A Tesla logo is seen outside a showroom of the carmaker in Beijing, China May 31, 2023. REUTERS/Thomas Peter/File Photo Acquire Licensing RightsSept 21 (Reuters) - More automakers signed up to access Tesla's electric-vehicle charging infrastructure across the United States, taking the Elon Musk-led company's superchargers closer to becoming the industry standard. Texas has approved a plan to require EV charging companies to include Tesla's plug if they want to be eligible for federal funds. Tesla's North American Charging Standard is more widely available and reliable than rival charging network CCS, which is backed by automakers such as Volkswagen (VOWG_p.DE) and Hyundai Motor (005380.KS). Here is a list of the companies adopting NACS:List of U.S. states that have either mandated Tesla's charging tech or plan to:Reporting by Akash Sriram and Jaspreet Singh in Bengaluru; Additional reporting by Chavi Mehta; Editing by Devika Syamnath and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: Thomas Peter, Elon, company's superchargers, Akash Sriram, Jaspreet Singh, Chavi Mehta, Devika Syamnath, Arun Koyyur Organizations: REUTERS, EV, CCS, Volkswagen, Hyundai, Thomson Locations: Beijing, China, United States, Texas, Bengaluru

☆ Tesla price cuts will continue as mid- and lower-end EV competition grows, says Chris Pierce
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla price cuts will continue as mid- and lower-end EV competition grows, says Chris PierceNeedham's Chris Pierce joins 'The Exchange' to discuss his hold call for Tesla, Tesla's struggle to beat expectations given ongoing price cuts, and Tesla's EV competition with China.

Persons: Chris Pierce Needham's Chris Pierce, Tesla Locations: China

☆ 'Most at risk': UBS downgrades 2 major automakers over China EVs threat
▼ + stars: | 2023-09-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

UBS has downgraded both Volkswagen and Renault over mounting competition from Chinese electric vehicle manufacturers. 1 automaker, the company is at risk of being marginalized as Chinese companies, such as Warren Buffet-backed BYD , take market share. 1 automaker in Europe, Volkswagen also faces intensifying competition as higher numbers of cheaper Chinese electric vehicles are imported into the continent. With about 70% of sales in Europe and a 10% market share, the investment bank said Renault is highly exposed to competition from Chinese automakers and Tesla. We estimate Renault's European market share of c10% today will reduce towards 7% by 2030," said UBS analysts led by David Lesne in a separate note to clients.

Persons: Warren Buffet, Patrick Hummel, France's Renault, David Lesne, Benz, Tesla's EVs Organizations: UBS, Volkswagen, Renault, VW, Tesla, Benz, BMW, IAA Mobility, Mercedes Locations: Europe, Munich

☆ Fisker to add Tesla's EV charging connector by 2025
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +1 min

The logo of Fisker Automotive is pictured on a car at the 2022 Paris Auto Show in Paris, France, October 18, 2022. REUTERS/Stephane MaheAug 15 (Reuters) - Electric vehicle startup Fisker (FSR.N) said on Tuesday it signed a deal with Tesla (TSLA.O) to adopt its North American Charging Standard (NACS), giving Fisker customers access to the automaker's Supercharger network by 2025. A plethora of automakers, including Ford Motor (F.N) and General Motors (GM.N), are moving away from the standard Combined Charging System (CCS) connector to Tesla's previously proprietary charging design, which is set to dominate the industry. Fisker said its vehicles made 2025 onwards will have the NACS port for charging, while other customers can use an adapter to access Tesla's 12,000-strong network of public fast chargers in the U.S. and Canada. Tesla's recent deals represent major strides in displacing a rival standard, CCS, that earlier exclusively had the backing of President Joe Biden's administration.

Persons: Stephane Mahe, Fisker, Joe Biden's, Akash Sriram, Shweta Agarwal Organizations: Fisker, REUTERS, Tesla, Ford, General Motors, CCS, Thomson Locations: Paris, France, U.S, Canada, United States, Bengaluru

☆ Ford is going to miss its original EV production goals. Tesla's price war is to blame.
▼ + stars: | 2023-07-28 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

Ford needs more time to hit its EV production targets as demand changes. Tesla's price war has made it harder to make money on EVs. The EV price war is forcing Ford to adjust its electric vehicle timeline. Ford confirmed during its earning report Thursday that EV pricing is one of the biggest hurdles to meeting their original EV production goals. "We expect the EV market to remain volatile until the winners and losers shake out," he said.

Persons: Ford, Jim Farley, Farley, Karl Brauer Organizations: Ford, Dealers, Tesla, GM Locations: Dearborn , Michigan, Tesla's

☆ Here are the questions we have for Ford and its CEO Jim Farley about their latest EV price cuts
▼ + stars: | 2023-07-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

We're raising our eyebrows at Ford 's (F) new price cuts on its popular electric pick-up truck. Jim Cramer called Ford's price cuts "counterintuitive" given the robust demand the F-150 Lightning has been seeing so far this year. In February, the company had to pause production and shipments on its electric pickup truck due to a potential battery issue. Meanwhile, prices for new electric vehicles were down 20% for the month driven by Tesla's EV price cuts earlier this year. Ford CEO Jim Farley poses for a photo at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan.

Persons: Ford, Jim Cramer, Jim, there's, Tesla, Rivan, Kelley, Morgan Stanley, Jim Farley, Jim Cramer's, Bill Pugliano Organizations: Ford, Club, Elon, South, U.S, EV, Tesla's, Lightning, Ford EV, CNBC, Ford Rouge Electric Vehicle Center, Getty Locations: U.S, South Korean, Rivian, Dearborn , Michigan

☆ Tesla will fall short on deliveries or have to make more price cuts, says Toni Sacconaghi
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla will fall short on deliveries or have to make more price cuts, says Toni SacconaghiToni Sacconaghi, Bernstein senior research analyst, joins 'Power Lunch' to discuss Tesla's EV charging infrastructure, maintaining an underperform for the stock and outlook.

Persons: Toni Sacconaghi Toni Sacconaghi, Bernstein

☆ Watch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla's stock surge
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla's stock surgeToni Sacconaghi, Bernstein senior research analyst, joins 'Power Lunch' to discuss Tesla's EV charging infrastructure, maintaining an underperform for the stock and outlook.

Persons: Bernstein's Toni Sacconaghi, Toni Sacconaghi, Bernstein

☆ Watch CNBC's full interview with Mark Fields and Brian Moody
▼ + stars: | 2023-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mark Fields and Brian MoodyMark Fields, former Ford CEO, and Brian Moody, AutoTrader.com executive editor, join 'Last Call' to discuss Rivian joining Tesla's EV charging network, the state of the EV space, and more.

Persons: Mark Fields, Brian Moody Mark Fields, Brian Moody Organizations: Ford, Tesla's EV

☆ Rivian follows the lead of other EV makers in joining Tesla's charging network
▼ + stars: | 2023-06-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRivian follows the lead of other EV makers in joining Tesla's charging networkMark Fields, former Ford CEO, and Brian Moody, AutoTrader.com executive editor, join 'Last Call' to discuss Rivian joining Tesla's EV charging network, the state of the EV space, and more.

Persons: Fields, Brian Moody Organizations: Ford, Tesla's EV

☆ Ford CFO sees supply disruptions easing, retail prices softening
▼ + stars: | 2023-06-15 | by ( ) www.reuters.com time to read: +2 min

June 15 (Reuters) - Supply-chain disruptions are easing as retail prices for vehicles are softening, a top Ford Motor (F.N) executive said on Thursday. Lawler said Ford's recent decision to join Tesla's EV charging network will not require additional capital investment on Ford's part. Owners of Ford electric vehicles will gain access to more than 12,000 Tesla Superchargers in North America, starting in early 2024. General Motors (GM.N) last week followed Ford's lead in joining the Tesla charging network. Lawler said Ford sees continued strength and growth in its combustion vehicles "for the next few years" as it ramps up investment in and production of electric vehicles.

Persons: John Lawler, it's, Lawler, Tesla, Ford's, Ford, Tesla's, Shivansh, Paul Lienert, Joseph White, Matthew Lewis Organizations: Ford, Deutsche Bank, company's Ford Pro, EV, General Motors, New York Stock Exchange, Thomson Locations: North America, Bengaluru, Detroit

☆ What EV owners need to know about Tesla's charging partnership with Ford and GM
▼ + stars: | 2023-06-10 | by ( Associated Press | ) www.businessinsider.com time to read: +5 min

Tesla's Supercharger Network will open up to Ford and GM EV owners in 2024. As part of their move, both Detroit-area automakers have decided to adopt Tesla's EV charging connector, the plug that links an electric vehicle to a charging station. With GM and Ford joining Tesla's charging system, the rest of the auto industry may be forced to follow suit. At present, two main types of EV charging plugs exist: Tesla's North American Charging Standard and CCS, used by nearly all other automakers. GM and Ford EV owners also win because they will gain access to double the number of chargers that they had before.

Persons: Tesla, Here's, Gary Silberg, you'd, Sam Abuelsamid, Ford, Abuelsamid, Silberg, Stellantis, it's Organizations: Ford, GM EV, General Motors, GM, CCS, EV, KPMG, Associated, Energy Department, Tesla, North America, Guidehouse Insights, Ford EV, Kia, Nissan, Toyota, Hyundai, VW Locations: DETROIT, Detroit, United States, U.S, North America, North, America

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