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Major New Layoffs Take Steam out of Tesla Stock Rebound

Major New Layoffs Take Steam out of Tesla Stock Rebound

It was looking to be a very good week for Tesla, news of a weekend deal with the Chinese government sending the EV maker’s stock soaring. But that’s so yesterday in the 24-hour news cycle. And word that CEO Elon Musk has dismissed two key executives – with their entire staff set to follow – took the steam out of Tesla’s nascent stock rebound.

Tesla Gets Go From China to Launch Full Self-Driving Tech, Sending Stock Soaring

Tesla Gets Go From China to Launch Full Self-Driving Tech, Sending Stock Soaring

Tesla CEO Elon Musk scored a much-needed win during a surprise trip to China over the weekend, a top Chinese official giving the automaker approval to launch its Full Self-Driving technology in the country’s massive car market. The news sent Tesla stock soaring – but also drew concerns coming days after a damaging assessment of Tesla’s original Autopilot system by U.S. regulators.

Toyota Highlander Set to Go All-Electric as Toyota Ramps Up EV Plans

Toyota Highlander Set to Go All-Electric as Toyota Ramps Up EV Plans

Though it’s long emphasized hybrids, Toyota has plenty of battery-electric vehicles coming before the end of the decade and one of the most significant moves will see the automaker’s popular Highlander model go all-electric when the next-generation SUV comes out around 2027, Headlight.News reports.

Road Test Review – 2024 Honda Accord Hybrid Touring – Efficency Mixes With Honda Value To Create Distinct Package

Road Test Review – 2024 Honda Accord Hybrid Touring – Efficency Mixes With Honda Value To Create Distinct Package

Honda is looking to build on its reputation for fuel efficiency and engineering with the 2024 Honda Accord Touring Hybrid. The Touring promises to bring a high amount of standard features and fuel economy to buyers as the Accord Hybrid faces a growing pool of hybrid-equipped sedan rivals