AD #3997 - Tesla Warranty Costs Higher Than GM; Stella To Launch L3 Driving; Rivian Cuts COGs $31,000/Vehicle
About this episode
Nissan faces a Moody's downgrade amid restructuring and job cuts, while rumors of Tesla investing in Nissan's US plants were quickly denied. Rivian shows financial improvements with increased sales and reduced costs but still expects losses. Tesla recalls 380,000 US vehicles due to power steering issues, highlighting its higher warranty costs compared to GM. BMW prepares to launch new EVs with advanced battery and motor tech. Stellantis unveils its Level 2-3 hands-free driving system, Stella Auto Drive, with limited speed capabilities. European EV groups oppose easing CO2 regulations, and Stellantis pauses Jeep Compass production to reassess strategy. Renault's spin-off of ICE operations into Horse proves profitable, signaling a potential model for others.
Jeep Compass
"...s is reevaluating its plans for the next gen Jeep Compass, and as a result, it's halting all activities at ..."
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