EV Daily | Tesla Faces Sales Dip Amid Cybertruck Safety Win; Rivian Recalls 17,000 Vehicles for Repair

Generated by AI AgentAinvest Market Brief
Saturday, Feb 22, 2025 7:01 am ET1min read
TSLA--
【Tesla】

Tesla faced protests over CEO Elon Musk, with concerns around declining sales and shareholder unrest. Deliveries are expected to drop to levels not seen in over two years, impacted by the Model Y changeover and sales decreases in Europe and China. The Tesla Cybertruck received a 5-star NHTSA rating, countering previous safety concerns. Tesla is introducing a Supercharger wait queue system following altercations at stations. Additionally, Tesla is considering investment opportunities in Nissan after Honda merger talks failed, although the need for additional factory capacity is questioned.

【Others】

Rivian recalled 17,000 vehicles due to a headlight issue in cold weather, affecting the 2025 R1S and R1T models. The recall involves replacing the headlight control module. Rivian reported its first positive gross profit in Q4 and plans to retool its Normal, Illinois plant for the upcoming R2 mass-market SUV. Genesis is launching the GV90, a luxury electric SUV with advanced features like coach doors, expected in 2026. Jeep paused plans for the electric Compass in North America due to strategic reassessment but will proceed with production in Europe. The Trump administration plans to shut down EV chargers at federal buildings and sell off recently acquired EVs. Ford offers incentives for its electric vehicles, including leasing deals for the Mustang Mach-E and financing offers for the F-150 Lightning. NEMA introduced a standard for bidirectional EV charging, allowing for vehicle-to-grid capabilities and improving grid resiliency.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet