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Marketplace Morning Report

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Feb 25, 2020

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How Tesla made a U-turn

by Jasmine Garsd Jan 29, 2020
Last year seemed a troubled one for Tesla. And now? Its stock has more than doubled since October.
Tesla is now worth more than Ford and GM combined. So what does this mean for the future of electric vehicles?
Sean Gallup/Getty Images

Volkswagen ramps up its electric vehicle sales plans

by Marielle Segarra Dec 30, 2019
The German automaker gets serious about EVs.
An employee works on a Volkswagen e-Golf electric car on the assembly line inside the Volkswagen AG factory in Dresden, Germany.
Jens Schlueter/Getty Images

Tesla's China factory could be a model for U.S. automakers

by Jack Stewart Dec 27, 2019
The electric vehicle company is avoiding steep import tariffs by building cars in Shanghai.
Elon Musk walks with Shanghai Mayor Ying Yong during the groundbreaking ceremony for a Tesla factory in the city in January.
STR/AFP via Getty Images

Daimler cutting jobs as it prioritizes electric vehicles

by Andy Uhler Nov 29, 2019
Daimler, the owner of Mercedes-Benz, is cutting at least 10,000 jobs as it aggressively makes a shift toward electric car production. The news comes on the heels of German rival carmaker, Audi, announcing a similar job cut for similar reasons.…
A model poses next to a Mercedes-Benz New A Class at the Seoul Motor Show 2019 at KINTEX on March 28, 2019 in Goyang, South Korea.
(Photo by Chung Sung-Jun/Getty Images)

Tesla's Cybertruck tries to make a dent in a tough market

by Jack Stewart Nov 28, 2019
Detroit dominates U.S. pickup truck sales. Traditionally it's been hard for newcomers to break in.
Tesla CEO Elon Musk unveils the all-electric battery-powered Tesla Cybertruck.
Frederic J. Brown/AFP via Getty Images
Workplace Culture

Threats against unionizing are on the rise — on Twitter

by Meghan McCarty Carino Oct 1, 2019
The founders of Tesla, Barstool Sports and the publisher of the Federalist have tweeted anti-union threats.
SpaceX CEO Elon Musk gives an update on the next-generation Starship spacecraft at the company's Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas.
Loren Elliott/Getty Images

Tesla's plan for simple solar rentals could increase competition

by Jack Stewart Aug 20, 2019
The company has seen a drop in solar power installations. Is the new plan sustainable?
Tesla plans to rent solar panel systems to customers starting at $50 per month.
Tesla

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Why Tesla's raising a new round of cash

by Justin Ho May 2, 2019
The fundraising comes at a pivotal time for the company.
Joe Raedle/Getty Images

Electric vehicles in the spotlight at Shanghai Auto Show

by Jennifer Pak Apr 18, 2019
Electric cars are drawing attention and Chinese automakers are to the fore.
Chinese automaker BYD, a firm backed by Warren Buffet, unveiled an electric sports car at the Shanghai auto show. It’s not available for sale yet but many live streamers and car bloggers were surprised that this sleek design came from a Chinese automaker.
Charles Zhang/Marketplace
Marketplace Tech Blogs

Tesla is moving ahead on driverless tech while others are slowing down

by Molly Wood Apr 15, 2019
The company is making semi-autonomous features standard and briefing investors on what's next.
Joe Raedle/Getty Images