Tesla Chair Denies CEO Search Rumors, Backs Elon Musk Amid Investor Concerns
Tesla’s board chair, Robyn Denholm, has strongly denied a media report claiming the company is looking for a new CEO to replace Elon Musk. The report, originally published by the Wall Street Journal, stated that Tesla board members had contacted recruitment firms to
GM and Ford Achieve Best U.S. Sales Since 2019, Boosted by EV Growth
Key Points: The U.S. auto industry made a strong recovery in 2024, as sales continued to rise after years of challenges from the pandemic and supply chain disruptions. General Motors (GM) and Ford Motor Company emerged as top performers, reporting their best annual
“Auto Industry Faces a Challenging 2025 Amid EV Transition and Global Headwinds”
The automotive industry has faced significant struggles in 2024, and many experts believe that 2025 will be equally challenging. Automakers are grappling with a range of issues, including limited affordable electric vehicles (EVs), slow expansion of charging infrastructure, fierce competition from Chinese manufacturers,