Let's see if the recent dip in Tesla and General Motors stock is a buying opportunity.
Insurers and industry experts say electric vehicle insurance premiums will keep rising as sales grow unless the car companies make it easier to access battery data and repair packs that are only slightly damaged in collisions. Ford Motor Co said it has simplified its battery module repair process and developed an easy way to replace the battery pack tray if the outside is damaged. General Motors Co said its new Ultium batteries are designed to be repaired at the module level, which is "significantly less expensive than replacing the entire battery pack."
If you love cars, and you watch a lot of YouTube, then you know Doug DeMuro. DeMuro has reviewed cars and written about the auto industry for some time now, but his real claim to fame stems from his YouTube channel, where his earnest, no frills, in-depth and entertaining car reviews have afforded him a legion of fan. DeMuro’s channel has over 4.6 million subscribers to date, and his more popular videos garner millions of views each. DeMuro’s internet stardom hasn’t kept him from shunning other pursuits, as he dipped his toe into the startup world with his auction site Cars & Bids, which focus on classic cars from the modern era (typically the ‘80s and up).