Elon Musk, the CEO of Tesla, hinted on Wednesday that he will lower costs once more for electric vehicles in “turbulent times,” despite the fact that his company’s profits are being squeezed by his fierce price battle with competing automakers…. Read More ›
In spite of price constraints, Swedish automaker Volvo Cars anticipated strong demand for its vehicles on Thursday, despite reporting a 54% decline in second-quarter operating earnings due to the year-ago quarter’s profit being boosted by a one-time gain. Volvo Cars,… Read More ›
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