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☆ GM reportedly slammed Ford over its plan to use Chinese battery technology in EVs
▼ + stars: | 2023-09-28 | by ( Hayley Peterson | Nora Naughton | ) www.businessinsider.com time to read: +4 min

General Motors and Ford appear to be feuding over the use of Chinese battery technology in electric cars. AdvertisementAdvertisementGeneral Motors and Ford appear to be at odds over the use of Chinese battery technology in electric cars. It's not clear yet whether that means Ford's use of Chinese battery tech will disqualify some of its cars. China at the bargaining tableFord halted construction on a new battery plant in Michigan this week as Republican lawmakers apply more scrutiny to the company's ties to a Chinese battery maker. When Ford announced the $3.5 billion EV battery plant earlier this year, the company said it would be contracting battery technology from China's Contemporary Amperex Technology Co. Ltd., or CATL.

Persons: —, Mary Barra, GM's, Jim Farley, Biden, what's, We're Ford, Chris Smith, Ford, GM didn't, T.R, Reid, Shawn Fain, Fain Organizations: Motors, Ford, GM, Service, Wall Street Journal, Ford Motor, EVs, Amperex Technology, . Ltd, Bloomberg, United Auto Workers, Detroit, UAW Locations: China, America, Michigan, Marshall , Michigan, Dearborn , Michigan

☆ Current UAW demands could increase EV prices up to $5,000 — and 'torpedo' Ford and GM's business model, analyst says
▼ + stars: | 2023-09-27 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementThe current demands from the United Auto Workers union in their labor talks with Ford, GM, and Stellantis could make electric vehicles even more expensive, one analyst said. Ives, a prominent Tesla bull, has said that CEO Elon Musk is poised to come out the winner in the contentious Detroit labor talks. Workers can't be left behind," UAW President Shawn Fain told reporters Tuesday after President Biden's visit to a GM picket line. "We're not against a green economy, but we're against a green economy and the workers get left behind.

Persons: Dan Ives, —, Stellantis, Joe Biden, Ives, Elon Musk, Tesla, Ford, Jim Farley, Shawn Fain, Biden's, We're, It's Organizations: Ford, GM, Tesla, Service, United Auto Workers, Detroit, UAW, Musk's EV, Toyota, Honda, CNBC, Workers Locations: Detroit

☆ 'Just shut your mouth:' Populist Republicans back UAW workers' demands while slamming union leadership
▼ + stars: | 2023-09-26 | by ( Bryan Metzger | Nora Naughton | ) www.businessinsider.com time to read: +11 min

Hawley and Vance support striking auto workers, but they're not on the same page as union leadership. AdvertisementAdvertisementAs strikes at auto manufacturing plants continue across the country, some populist-minded Republicans are breaking from their party's long-standing orthodoxies and backing the United Auto Workers' demands. Last week, Fain even slammed Donald Trump as part of the "billionaire class" following the news that the former president would address union workers in Michigan this week. So far, the only company that has figured out how to squeeze consistent profits out of electric cars is Tesla, which does not use more union labor. The union is now aiming to rebuild its reputation and influence in automotive labor and the labor movement writ large.

Persons: Hawley, Vance, they're, It's, —, what's, Sen, JD Vance, Ohio, Josh Hawley, Biden, Shawn Fain, They've, Fain, Donald Trump, Sherrod Brown, Brown, we've, Detroit's Ford, Matt Wegener, Wegener, EVs, Charmonique Demings, Trump —, Trump Organizations: PRO, Service, United Auto Workers, Republicans, UAW, GM, Stellantis, Biden's, Democrat, Michigan Assembly, Ford's Michigan, Trump, US, Detroit —, National Labor Relations Board, Supreme, Bloomberg, Biden, Battery, EV, Volkswagen, Tesla, Republican, Ford, Democratic, Democratic Party, American Locations: Josh Hawley of Missouri, China, Wentzville , Missouri, Michigan, Ohio, Detroit, Trump's Michigan, States, Mexico, Canada, Missouri

☆ The UAW's strike strategy pits the Detroit 3 against each other — and leaves room for longer walkouts
▼ + stars: | 2023-09-22 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

Ford, GM, and Stellantis have expressed displeasure with the strategy. After Furman's messages leaked Thursday night, the Detroit car companies expressed their displeasure with the union's strategy. Ford and Stellantis called the messages "disappointing" and "disturbing," while GM said the message "calls into question who is actually in charge of UAW strategy." The idea was met with skepticism by many, who said that an all-out strike would quickly drain the UAW's strike resources. That leaves plenty in the union's $825 million strike fund as the work stoppage expands Friday.

Persons: Stellantis, Shawn Fain, Fain, Ford, Jonah Furman, didn't Organizations: UAW, Ford, GM, Service, United Auto Workers, Detroit, The Detroit News, Twitter, Detroit News, Deutsche Bank Locations: Wall, Silicon, Detroit, Michigan , Ohio, Missouri

☆ Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make
▼ + stars: | 2023-09-22 | by ( Graham Rapier | Nora Naughton | Associated Press | ) www.businessinsider.com time to read: +10 min

"The reason we ask for 40% pay increases is because in the last four years alone, the CEO pay went up 40%. U.S. companies, in contrast, use grant date value of stock packages awarded to executives during the reporting year. AdvertisementAdvertisementThat's because in some years, talking about a CEO's "realized pay" can obscure exorbitant pay packages approved by company boards. AdvertisementAdvertisementThe CEOs of GM and Ford also saw their compensation packages peak in 2021, before declining slightly in 2022. However you slice the numbers, the gap between CEO pay and rank-and-file workers at all three companies is gigantic.

Persons: Mary Barra's, Shawn Fain, Fain, Mary Barra, James Farley, Jim Hackett, Stellantis, Carlos Tavares, Mike Manley's, Equilar, Tavares, That's, Manley, —, Harry Katz, Tesla, Elon Organizations: UAW, Service, United Auto Workers, Ford, GM, Netflix, Writers Guild of America, WGA, Comcast, Big Three, —, Motors, Chrysler, CBS, Big, General, AP, Equilar, Fiat Chrysler Automobiles, French PSA Group, Fiat Chrysler, Institute, Detroit, Cornell University, U.S Locations: Wall, Silicon, Stellantis, American, European

☆ The UAW strike at Ford, GM, and Stellantis could change the entire automotive industry forever
▼ + stars: | 2023-09-21 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +7 min

For the first time in its 88-year history, the UAW is on strike at all three of the Detroit companies at once. "We have a bigger point to make," Wegener said, noting the strike sends a larger message about inequality across the industry. In fact, the United Auto Workers-led strike at the Detroit 3 is shaping up to have an outsized effect on the entire automotive industry. "If the UAW does dig their heels in and does well here, it's highly likely that they will get other auto workers who are not UAW auto workers to be very interested," Ambrose Conroy, CEO of consultancy Seraph, said. Even the branding of the strike, which Fain has called the "Stand Up" strike, is a play on the UAW's highly influential 1937 sit-down strike at GM.

Persons: Tesla, Matt Wegener, –, Wegener, It's, it's, Ambrose Conroy, Seraph, Fain, we've, Jason Miller, Stellantis, Melissa Atkins, Ford, Jim Farley, Miller, Conroy, They've Organizations: UAW, Service, United Auto Workers, Michigan Assembly, Detroit, Ford, GM, Teamsters, United Airlines, Michigan State University, CNBC, Tesla Locations: Detroit, Wall, Silicon, Wells Fargo

☆ Ford and GM workers already make $20 more per hour than Tesla employees. Their union's demands would double that gap.
▼ + stars: | 2023-09-18 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

Detroit executives have Tesla in mind as they reject the UAW's big demands. The labor cost gap between the Detroit 3 and Tesla is already staggering. Tesla is the "clear winner" in the UAW strike, one analyst said. The UAW launched a first wave of targeted strikes last week after months of negotiations for new labor contracts with Ford, GM, and Jeep-owner Stellantis. Tesla spends about $45 an hour on labor (this cost combines hourly wages and benefits), while Ford, GM, and Stellantis are currently spending about $66 an hour on their labor, according to industry analysts.

Persons: Tesla, Stellantis, Wells, Elon, Dan Ives Organizations: Detroit, UAW, Service, United Auto Workers, Ford, GM, Deutsche Bank, Toyota, Honda, Tesla, Thrones Locations: Wall, Silicon, Detroit, Michigan , Ohio, Missouri, Wells Fargo

☆ The new F-150 and 8 other cool things we saw at the Detroit auto show
▼ + stars: | 2023-09-16 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +1 min

The North American International Auto Show kicked off in Detroit this week. While it looks different than it used to, automakers brought a lot to the show. Here are nine things that stood out to Insider reporters this year. The Detroit show looks a lot differently than it used to. Here are the nine things that stood out to Insider this year.

Persons: Ford Organizations: North American, Service, American, United Auto Workers union, Motor, General Motors, Toyota Locations: Detroit, Wall, Silicon, Motor City

After weeks of negotiations with Ford, GM, and Stellantis, United Auto Workers are on strike. The labor union did not reach an agreement with the Detroit 3 before its deadline. Looming impactThe strike is sure to impact more than just the union workers and the Detroit 3 . Experts also suggest the additional costs Ford, GM, and Stellantis could incur as a result of the negotiations could trickle down to consumers, particularly through EV pricing. Historic momentThe last time the UAW and Detroit 3 companies negotiated a contract in 2019, union workers went on strike against GM for 40 days.

Persons: WsUdPt0or5, Shawn Fain, Fain, Shawn Fain Livestream, woPPh2bVSQ, Stellantis, Tesla, Dan Ives Organizations: Ford, GM, United Auto Workers, Detroit, Service, UAW, WsUdPt0or5 — UAW, General Motors, Chrysler, woPPh2bVSQ — UAW, Associated Press, Company, EV, Wedbush, Car Locations: Wall, Silicon, Wentzville , Missouri, Toledo , Ohio, Ford, Wayne , Michigan

☆ The UAW doesn't have to strike at every automaker or factory to shut down most of the auto industry
▼ + stars: | 2023-09-14 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +5 min

The UAW can strike in a few ways, but typically, members have gone on strike against just one of the three Detroit automakers rather than all three at once. "We're going to hit where we need to hit and when we need to hit, we're going to hit to move mountains." If the UAW cuts off the Detroit auto companies' precious money-making factories, that could have a broader impact. AdvertisementAdvertisementIf the UAW strike takes down Detroit 3 production, that will impact the hundreds of suppliers that provide parts to these companies. Suppliers struggled after the last UAW strike, during which workers halted production at GM for 40 days.

Persons: Stellantis, Shawn Fain, Fain Organizations: United Auto Workers, Service, Ford, General Motors, Detroit, GM, UAW, Suppliers Locations: Wall, Silicon, Mexico, Detroit

☆ GM and Ford are facing a 'nightmare situation' that could be great news for Tesla
▼ + stars: | 2023-09-08 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Tesla is already having a banner year for both sales and production. This is all "a potential nightmare situation for GM and Ford," Wedbush analyst Dan Ives said in a note to clients this month. AdvertisementAdvertisement"Tesla does not face similar issues which speaks to the complexity both GM and Ford face going up against the EV leader Tesla, while trying to satisfy rising union demands," Ives said. "If a strike happens then ultimately production and the EV roadmap could be pushed out into 2024 and delays would be on the horizon at this crucial period for GM, Ford, and Stellantis." Raising the stakes for GM and Ford: Tesla is already having a banner year for both sales and production, on track to hit its nearly 2 million-unit production target by the end of the year.

Persons: Tesla, Stellantis, Dan Ives, Ives, Farley, Elon, Barra Organizations: Detroit, Service, United Auto Workers union, UAW, Ford, General Motors, GM, Tesla, EV, Tesla Ford Locations: Wall, Silicon

☆ Car deals just came back, but they will dry up if auto workers go on strike
▼ + stars: | 2023-09-07 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +6 min

A strike could impact the inventory and deals that car buyers get from Ford, GM, and Stellantis. But a looming strike by the United Auto Workers could throw the market back into some disarray, automotive industry and manufacturing experts told Insider. AdvertisementAdvertisementExperts say a potential strike would mean sinking levels of inventory and fewer deals car buyers could get in the fourth quarter — especially if the strike goes on for a while. What customers should look out for if there's a strikeThe amount of vehicle supply at dealerships across the country this year has been interesting to watch. It wasn't until the months leading up to the 2020 Covid pandemic that GM dealers started running low.

Persons: Stellantis, isn't, there's, Ford, Sam Fiorani, Fiorani Organizations: United Auto Workers, Detroit, Ford, GM, Service, Deutsche Bank, Cox Automotive, UAW, Detroit automakers, AutoForecast Solutions, Toyota, Honda Locations: Wall, Silicon, Detroit

☆ 3 signs the Tesla Cybertruck could be delayed yet again
▼ + stars: | 2023-09-06 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

But some signs are bubbling up that yet another delay could be in store for the trapezoidal truck. Here are three signs the Cybertruck could be delayed yet again:Musk is making new demands about the truck's appearanceIn a leaked internal email last month, Musk told Tesla employees that the Cybertruck needs to be "designed and built to sub 10 micron accuracy." AdvertisementAdvertisementDetails on the Cybertruck are still sparseSome Cybertruck order-holders have told Insider that they are concerned about how few details Tesla has shared with them on the Cybertruck. And this isn't just any Tesla vehicle launch: it's Tesla's entrance into the highly-competitive pickup truck market, where specs and prices are closely followed by shoppers. AdvertisementAdvertisementTesla hasn't set a date for the Cybertruck launch partyLate last month, Tesla said customers could buy invitations to a Cybertruck delivery event using 30,000 referral credits, which owners accrue through Tesla purchases.

Persons: Elon Musk, Musk, Tesla, Sam Fiorani, Fiorani, Ford Organizations: Service, Industry, AutoForecast Solutions, General Motors, Toyota Locations: Wall, Silicon

☆ Cybertruck buyers still don't know what they're buying or how much it costs, and they are just weeks from delivery
▼ + stars: | 2023-09-02 | by ( Nora Naughton | Tim Levin | ) www.businessinsider.com time to read: +5 min

Would-be Tesla Cybertruck buyers still don't know how much they're spending. Apart from the few remaining details listed and the occasional cryptic tweet from Musk, there isn't much information to tell Cybertruck buyers what they're getting into. Tesla Cybertruck. That makes it even more important to give loyal truck buyers some details to work with. "If you're looking to convert average pickup truck buyers to something different, that's a little harder," Fiorani said.

Persons: Tesla, Elon, Musk, It's, Cybertruck, William Huston, he's, Ed Kim, AutoPacific, Sam Fiorani, Fiorani Organizations: Morning, Ford, Chevrolet, Toyota, AutoForecast Locations: San Francisco

☆ Cybertruck photos in the wild reveal the truck's quirks ahead of Elon Musk's most important launch yet
▼ + stars: | 2023-08-31 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

Every new Tesla Cybertruck sighting has fans zooming in and picking apart its features. Cybertruck fans have lots of opinions about the truck's frunk and stainless steel body panels. AdvertisementAdvertisementThe look of the Tesla Cybertruck has been polarizing since the day CEO Elon Musk debuted the futuristic-looking truck. A lot is on the line for the Cybertruck launch, which is planned for the fourth quarter of the year. Here are some of the latest topics of conversation surrounding the final look of the Tesla Cybertruck.

Persons: Elon Musk, —, Tesla, Sam Fiorani, Musk, S0kCyGUBFD — Elon, Cy Organizations: Elon Musk's, AutoForecast Solutions, ICE, Twitter, Ford, Tesla Locations: stoke, Texas, West, California, Tehachapi, Fremont

☆ The Tesla Cybertruck might always look a little busted
▼ + stars: | 2023-08-29 | by ( Tim Levin | Nora Naughton | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementThe polarizing polygon known as the Tesla Cybertruck is almost here, and it will probably look far from perfect when it finally hits the road. It all means that Cybertruck buyers who have suffered through years of delays may wind up with trucks that always look a little rough around the edges. Advertisement Advertisement Watch: How Tesla's Cybertruck stacks up against the Amazon-backed Rivian R1T electric truck"This is going to be a measure of the appeal of Tesla," Fiorani said. Anyone who's owned a stainless steel fridge knows they are a magnet for grime and are a nightmare to keep clean. "Musk has learned from his past mistakes – he understands that people will scrutinize this vehicle," Fiorani said.

Persons: Elon Musk, Tesla, it's, Sam Fiorani, Fiorani, Geoff Wardle, S0kCyGUBFD — Elon, Wardle, who's, Musk, – Organizations: Tesla, BMW, Lexus, AutoForecast Solutions, California's ArtCenter College of Design Locations: Texas

☆ EVs are the only cars you can get a deal on right now
▼ + stars: | 2023-08-27 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +5 min

As car companies produce more EVs than ever, these cars are starting to pile up on dealer lots for the first time. AdvertisementAdvertisementOn average, electric cars were selling for around $2,000 over sticker price last year, according to Jessica Caldwell, an automotive analyst for Edmunds. AdvertisementAdvertisementOn average, EVs are still more expensive, on average, than gas-powered cars, with EVs going for about $53,469 in July, says Kelley Blue Book (down from $66,000 a year earlier ). And with help from new federal tax credits, leasing deals abound on electric cars . Even some of the more expensive EVs are dropping in price rapidly, too.

Persons: Elon, Jessica Caldwell, Edmunds, Caldwell, Tesla, Kelley, they've Organizations: Tesla, EV, Shoppers

☆ EVs are running out of customers — and some dealers don't want them anymore
▼ + stars: | 2023-08-23 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementMore electric vehicles are being pumped out of car factories than ever before – but some dealers don't want them. Electric car inventory has been piling up on dealership lots this year as companies up their EV production, leading some dealers to say enough is enough. Some are telling automakers they don't want any more until they can sell what's sitting, several dealers told Insider. AdvertisementAdvertisementIn the EV plateau, dealers are left in the lurchIn this round of growing pains for the electric car market, dealers are set up for the most trouble . "Dealers know in real time with real-time feedback what the market is doing," Karl Brauer, an automotive analyst for iSeeCars, previously told Insider.

Persons: Scott Kunes, Kunes, It's, Sam Fiorani, Fiorani, EVs, Tesla, Adam Lee, he's, Lee, Karl Brauer Organizations: Morning, Kunes, RV Group, Nissan, Mitsubishi, AutoForecast Solutions, Coast Ford, Midwest, Hyundai, Lee Auto, iSeeCars Locations: Detroit, West Coast, Maine

☆ Tesla's Cybertruck is Elon Musk's toughest gambit yet
▼ + stars: | 2023-08-21 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Musk is making further moves to thrust Tesla into the mainstream by entering the US market's lucrative pickup truck market. It's also a tough time to release any new product, especially an electric pickup truck. While Cybertruck is poised to go after a more unique set of pickup truck buyers, the company could face more trouble than it's used to converting existing truck buyers to the brand. Cybertruck will also face a tightening new vehicle market, with customers who are spending less on unnecessary purchases and gravitating toward more practical vehicles. "The nature of trucks is to work within this network of aftermarket companies out there – it will be interesting to see if Elon plays along."

Persons: Tesla, Elon Musk, It's, Cybertruck, it's, Karl Brauer, Brauer, Elon Organizations: Ford, GM, iSeeCars, Elon

☆ Lamborghini's first electric car is a badass 4-seater with over 1,000 horsepower
▼ + stars: | 2023-08-20 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

The Lanzador concept, which the company said is a "concrete vision" of the production version of the all-electric Lambo, debuted at Monterey Car Week. Lamborghini Lanzador concept LamborghiniA new tech halo for LamboThe Lanzador previews a slew of new technology for the sports car brand. Lamborghini Lanzador concept LamborghiniLambo heads into an electric futureLamborghini's Lanzador electric car is the first step into the brand's all-electric future. In addition to Lanzador, Lamborghini will also sell plug-in hybrid replacements for the Aventador and Huracan supercars, as well as the Urus SUV. Lamborghini Lanzador concept LamborghiniProduction is slated for the company's Sant'Agata Bolognese factory, which will require expansion and additional employees, the company said.

Persons: Lamborghini, Stephan Winkelmann, Winkelmann Organizations: Morning, Monterey Car, Lamborghini, Huracan

☆ It looks like Tesla's Cybertruck might be a fingerprint magnet due to its stainless steel body
▼ + stars: | 2023-08-19 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Photos of the Tesla Cybertruck show the stainless steel truck appears to smudge easily. Stainless steel appliances are known to be magnets for fingerprints and smudges. The Tesla Cybertruck appears to smudge easily, photos of the electric pickup truck show. The vehicle's stainless steel body could make it prone to smudges and extra finger prints — an issue that is commonly seen with stainless steel appliances. The Cybertruck is the first stainless steel vehicle to be produced since DMC made the stainless steel DeLorean and later halted production in 1983.

Persons: smudge, Tesla, Getty, Tim Conn, Tesla's, Insider's Nora Naughton, Elon Musk Organizations: Twitter, DMC, DeLorean Locations: California, Texas

☆ Detroit's Big 3 automakers are headed for a clash with their workers' union as they gear up for another contentious contract negotiation
▼ + stars: | 2023-08-16 | by ( Nora Naughton | ) www.businessinsider.com time to read: +7 min

The United Auto Workers union is negotiating new four-year contracts with Ford, GM, and Stellantis. UAW President Shawn Fain isn't ruling out a strike, potentially at more than one company. The White House has weighed in as the automotive industry's labor union, the United Auto Workers, is gearing up for a fight with Detroit's Big Three car companies this summer and fall. The average labor costs for the Detroit Three heading into contract talks four years ago hovered between $55 and $60 per hour. Correction: July 27, 2023 — An earlier version of this story incorrectly said workers at GM's Ultium plant were not represented by a Union.

Persons: Shawn Fain isn't, Detroit's, Joe Biden, Biden, Ford, Shawn Fain, He's, Fain, Biden's, John Deere, Tesla Organizations: United Auto Workers, Ford, GM, Detroit, UAW, Morning, Chrysler, Jeep, Facebook, University of California, EV, Lordstown, Labor, Center for Automotive Research, Union Locations: Tennessee

☆ People are spotting Tesla's Cybertruck in the wild and it looks insane next to regular cars
▼ + stars: | 2023-08-16 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

The Tesla Cybertruck is showing up on the road ahead of launch. As the Cybertruck finally gets closer to launching , some drivers have started spotting early production models in the wild. Earlier this month, a camouflaged Tesla Cybertruck was spotted in front of Rivian, giving the first inclination of the size difference between the two startups' trucks. Excitement for the Cybertruck is highThese early sightings in the wild are common ahead of a Tesla launch and usually help to stoke excitement. The Cybertruck is no exception, given the long wait time for the vehicle and the fact that it is Tesla's first pickup truck.

Persons: ong, ehicle, ade, e xcitement, ike Organizations: ust, emi Locations: EVs

☆ Ford's CEO had a charging 'reality check' on his electric F-150 Lightning road trip
▼ + stars: | 2023-08-14 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

Ford CEO Jim Farley hit the road in an electric F-150 Lightning last week. Access to the Supercharger network in 2024 could ease these challenges. Farley hit the road in an F-150 Lightning last week , traversing Route 66 and the American West to put the electric truck through its paces. At the end of the trip on Sunday, Farley shared his experience with charging the massive electric pickup truck. But the Dearborn, Michigan-based car company is partnering with Tesla to make the Supercharger network available to Ford drivers starting next spring .

Persons: Jim Farley, Farley, Ford EVs, Tesla, Rivian Organizations: Morning, Twitter, Ford, GM Locations: American, Coalinga , California, Dearborn , Michigan

☆ Cybertruck superfans waited years for the launch. Now Elon Musk has to deliver.
▼ + stars: | 2023-08-12 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

The stakes are high for Tesla's Cybertruck launch. A slowdown in EV growth could create a headache for the Cybertruck launch. The long-awaited Tesla Cybertruck is finally on its way , and the stakes are high for CEO Elon Musk. A successful Cybertruck launch will be key to meeting that goal, and graduating Tesla from a scrappy startup to an automotive powerhouse. The pickup truck market is a different ballgameThe US pickup truck market is one of the most lucrative in the world, presenting a huge opportunity for Musk and Tesla.

Persons: Elon Musk, Tesla, Jessica Caldwell, Edmunds, Rivian's R1T, Ford's, It's, Sam Fiorani Organizations: Tesla, Tesla's, AutoForecast Solutions

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