electric cars
Elon Musk culls 14,000 jobs at Tesla due to fall in demand for electric cars

Elon Musk culls 14,000 jobs at Tesla due to fall in demand for electric cars

Tesla has reported its first fall in sales in almost four years Elon Musk has axed more than 10 per cent of the global Tesla workforce as the company struggles with falling sales. The electric car company, of which Musk is the CEO, is the world’s most valuable automaker and one of the most valuable […]

2 years ago

Tesla recalls more than 2m vehicles over warning light issue

Tesla recalls more than 2m vehicles over warning light issue

The issue will be fixed with a software update Tesla is recalling almost all of the vehicles it has sold in the US due to an issue with warning lights on the cars’ panels. On Friday, the National Highway Traffic Safety Administration announced the recall of some 2.2 million vehicles because some of the warning […]

2 years ago

Electric cars’ value goes down by half after three years on the road

Electric cars’ value goes down by half after three years on the road

Researchers say electric cars are reaching ‘unsustainable levels of depreciation’ The value of electric cars depreciates by almost half after just three years on the road, according to research. AutoTrader, who carried out the research, said there were “unsustainable levels of depreciation” in the electric car market with prices of electric cars dropping 23pc in the […]

2 years ago

Lamborghini has sold its last ever gas-powered supercar

Lamborghini has sold its last ever gas-powered supercar

But the supercar isn’t about to lose any horsepower over the switch to electric Putting your foot on the gas is fastly becoming a redundant term with the maker of one of the world’s most loved supercars selling its last fully-gas powered models. Lamborghini CEO Stephan Winkelmann told the German newspaper Welt on Wednesday that […]

2 years ago

Buying petrol or diesel cars is ‘not a smart decision’, warns expert ahead of 2030 ban

Buying petrol or diesel cars is ‘not a smart decision’, warns expert ahead of 2030 ban

The UK government is banning the sale of new fossil fuel vehicles from 2030 Buying a petrol or diesel car is “not a smart financial decision”, according to an automotive sustainability expert, given the impending ban on new fossil fuel vehicles. Fredrika Klaren, Head of Sustainability at Polestar – an electric car manufacturer based in […]

4 years ago