From FutureAZA.
Huge thanks to @BrighterwithHerbert for joining the discussion.
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Links from today’s show:
Tesla’s (TSLA) Cybertruck may be hitting a demand rut. On Monday, Tesla emailed Cybertruck line workers at Giga Austin telling them to take the next three days off. "On Tuesday, Wednesday, and Thursday this week (Dec. 3-5), you do not need to report to work," the memo said, per Business Insider. Despite being sent home, Tesla workers were still paid for working those days.
https://finance.yahoo.com/news/tesla-cybertruck-workers-begin-3-day-furlough-signaling-demand-slowdown-155804324.html
Tesla (TSLA, Financials) recorded a 4.3% year-over-year decline in sales of its China-manufactured electric cars for November, delivering 78,856 units, the latest figures from the China Passenger Car Association show.
https://finance.yahoo.com/news/teslas-china-made-ev-sales-204029174.html
The Department of Energy preliminarily approved another loan to help fund the construction of electric vehicle battery factories in the US. This time, a joint venture between Stellantis and Samsung SDI will receive $7.54 billion to build two EV battery plants in Kokomo, Indiana.
https://www.theverge.com/2024/12/3/24312175/stellantis-samsung-doe-atvm-ev-battery-loan
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#Tesla #TSLA #EVs


