Hazard ahead: Are cuts at Tesla a warning sign for the EV market in Canada?

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 121 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

Tesla has hit a series of roadblocks, including increased competition and declining sales. The company announced Monday it is slashing 10 per cent of its global workforce.

Eric Rondeau is the vice-president of government affairs at Club Tesla Quebec, a group of owners and enthusiasts aiming to boost electrification and raise awareness about the benefits of electric vehicles . He bought his first Tesla more than a decade ago.

To be clear, the sector is still growing, but the pace of sales, including in Canada, is now more sluggish. The issue of particular concern to some would-be buyers surrounds reliability and battery life. Manufacturers say they are investing in new technology, but that in a country with unique challenges, such as a vast highway network and cold weather, there is an even greater need to build a reliable and extensive charging network.A large share of EV buyers have been early adopters – those keen to embrace the technology, despite higher price points.

A mass exodus of elected officials from a rural Manitoba municipality has put the community in limbo and may force the province to dissolve what's left of the crumbling council.A man is fighting for his life after falling about 30 feet in an air duct at Montreal's Olympic Stadium on Monday, authorities say.Saskatchewan and the RCMP have inked a deal that would see the province fund hundreds more officers if Mounties can recruit to fill those positions.

Body of 4th Baltimore bridge collapse victim recovered as feds start criminal probe and others launch new investigations Dyson Knight may look like an average college student, but since 2004, he’s actually been a member of the internationally acclaimed Baha Men.Canadian singer Grimes apologized to fans on Saturday after her Coachella set earlier that evening was beset by technical issues that caused her to scream into the microphone in frustration.A movie weapons supervisor was sentenced to 18 months in prison in the fatal shooting of a cinematographer by Alec Baldwin on the set of 'Rust.'B.C.

A Sudbury woman said her husband was bringing the recycling out to the curb Wednesday night when he had to make a 'mad dash' inside after seeing a bear.A school teacher who took part in the Quebec version of the Survivor reality TV show took time off work to be a contestant is now out of a job.A young actor from Prince Edward Island is getting the chance to fulfill a childhood dream, playing the precocious and iconic Anne Shirley on stage.

Linda Simard says her husband frantically told her to call 911 as he watched two volunteer firefighters get swept away in rushing floodwaters in Quebec's Charlevoix region last year.Tickets issued after large, unleashed dog spotted in front of home where boy was killed by dogs

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines