AD #3673 - Cybertruck Launching in November; GM and Honda Taking Robotaxis to Japan; Silverado EV Delayed By a Year
About this episode
Tesla's Q3 earnings reveal strong vehicle sales but declining profits, with Elon Musk tempering expectations for Cybertruck production, now expected to reach volume by 2025. GM and Honda announce a joint venture to launch robotaxi services in Japan by 2026, while Honda expands its autonomous work vehicle applications. GM delays Silverado EV production by a year amid UAW strike impacts and cooling EV demand, echoed by Hyundai's lease price cuts and Lucid's sluggish deliveries. Dealer markups on EVs remain a concern. Stellantis launches a commercial vehicle division focusing on connectivity and electrification, and Toyota unveils a modular truck concept. Hyundai plans EV vertical takeoff and landing aircraft by 2028.
Tesla Cybertruck
"... cash flow positive. So we dug our own grave with cybertruck, he told analysts. He said the cyber truck will n..."
Chevrolet Silverado EV
"...V timeline. It's delaying production of the Chevy Silverado EV at its Orient plant in Michigan by a year. The tr..."
Tesla Model
"...forty four dollars a month cheaper than leasing a Tesla Model three, and even the rich are not as keen on EV's ..."
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