EV Daily | Tesla Faces Cybertruck Demand Issues; Hyundai Plans New IONIQ 3 for 2026 Launch
Tuesday, Dec 31, 2024 7:01 am ET
1min read 【Tesla】
Tesla has been replacing US employees laid off earlier in the year with foreign workers under H-1B visas, a move that CEO Elon Musk supports despite criticism. Tesla's use of these visas has increased, with over 2,000 requests made during layoffs affecting 15,000 workers, mostly senior engineers, in Texas and California. This has sparked debate over the implications of the H-1B program and Tesla's work culture, characterized by long work weeks. Additionally, Tesla continues to face challenges with its Cybertruck. The limited Foundation series saw robust initial sales but now struggles with demand, prompting Tesla to offer free lifetime supercharging to clear inventory. This strategy indicates softer demand than anticipated, with various adjustments failing to boost sales amid production challenges. In other developments, Tesla's Semi factory is on track for production in 2025, and the company is again offering 0% financing linked to Full Self-Driving purchases.
【Others】
Hyundai is reportedly developing a new, smaller EV, possibly the IONIQ 3, to be launched in 2026. This model is expected to share design elements with the IONIQ 5 and 6 and ride on Hyundai’s E-GMP platform. Hyundai's strategy includes launching new EV models in various global markets, including the US and China. Meanwhile, Kia has recalled 23,000 EV9 models in the US due to missing seat bolts. The recall affects 2024 and 2025 models, though only about 1% are expected to have this defect. Owners will be notified to get the issue fixed at no charge. Dodge is expanding its electric offering with the Dodge Charger Daytona EV, which will soon be available in markets outside North America. This electric version of the Charger claims to be the world's most powerful muscle car, with plans to launch in the Middle East and Europe. Toyota plans to launch its first fully electric minivan, the Previa, in 2026. The new Previa will offer both EV and PHEV options, building on the legacy of the original model with an aerodynamic design. This move is part of Toyota's broader strategy to expand its EV lineup.
Tesla has been replacing US employees laid off earlier in the year with foreign workers under H-1B visas, a move that CEO Elon Musk supports despite criticism. Tesla's use of these visas has increased, with over 2,000 requests made during layoffs affecting 15,000 workers, mostly senior engineers, in Texas and California. This has sparked debate over the implications of the H-1B program and Tesla's work culture, characterized by long work weeks. Additionally, Tesla continues to face challenges with its Cybertruck. The limited Foundation series saw robust initial sales but now struggles with demand, prompting Tesla to offer free lifetime supercharging to clear inventory. This strategy indicates softer demand than anticipated, with various adjustments failing to boost sales amid production challenges. In other developments, Tesla's Semi factory is on track for production in 2025, and the company is again offering 0% financing linked to Full Self-Driving purchases.
【Others】
Hyundai is reportedly developing a new, smaller EV, possibly the IONIQ 3, to be launched in 2026. This model is expected to share design elements with the IONIQ 5 and 6 and ride on Hyundai’s E-GMP platform. Hyundai's strategy includes launching new EV models in various global markets, including the US and China. Meanwhile, Kia has recalled 23,000 EV9 models in the US due to missing seat bolts. The recall affects 2024 and 2025 models, though only about 1% are expected to have this defect. Owners will be notified to get the issue fixed at no charge. Dodge is expanding its electric offering with the Dodge Charger Daytona EV, which will soon be available in markets outside North America. This electric version of the Charger claims to be the world's most powerful muscle car, with plans to launch in the Middle East and Europe. Toyota plans to launch its first fully electric minivan, the Previa, in 2026. The new Previa will offer both EV and PHEV options, building on the legacy of the original model with an aerodynamic design. This move is part of Toyota's broader strategy to expand its EV lineup.
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