Good morning! It’s Friday, December 15, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla Vs. Sweden Intensifies The mounting pressure on … Read more
Charles Schwab is cutting back its office space at 211 Main Street in San Francisco. Screen shot via Google Maps Charles Schwab, the financial services company formerly headquartered in San Francisco, confirmed a round of layoffs last week that could affect nearly 2,000 employees. The company eliminated about 5% to 6% of its workforce, a … Read more
2023 Ford ExplorerImage: Ford Ford is issuing yet another recall over its backup cameras, Reuters reports; this time, the recall hits another 169,000 vehicles. It’s going to cost the Blue Oval too, as the company is expecting to take a $270 million hit because of it. The Ford Explorer Goes All-Electric, But Not For America This … Read more