Shoot us a Text. Episode #1190: Today we cover CarMax’s executive shakeup amid disappointing guidance, Tesla shareholders’ approval of Elon Musk’s massive pay package, and how Scout Motors is seeing overwhelming demand for extended-range EVs. Show Notes with links: CarMax shares plunged 24% Thursday after the used car giant issued a grim forecast and announced a surprise leadership shakeup. With profits slipping and competition heating up, the company is betting on new leadership to stabili...
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Shoot us a Text. Episode #1190: Today we cover CarMax’s executive shakeup amid disappointing guidance, Tesla shareholders’ approval of Elon Musk’s massive pay package, and how Scout Motors is seeing overwhelming demand for extended-range EVs. Show Notes with links: CarMax shares plunged 24% Thursday after the used car giant issued a grim forecast and announced a surprise leadership shakeup. With profits slipping and competition heating up, the company is betting on new leadership to stabili...
Newsom Says No, Tesla Goes Mad Max, Home Depot Path to Pro
Automotive State of The Union
10 minutes
3 weeks ago
Newsom Says No, Tesla Goes Mad Max, Home Depot Path to Pro
Shoot us a Text. Episode #1174: Gov. Newsom vetoes a dealer doc fee hike, Tesla unleashes “Mad Max” mode amid mounting scrutiny, and Home Depot opens free training lanes to fuel America’s next generation of skilled pros. Show Notes with links: California dealers were ready for a long-overdue bump to their doc fee cap, but Gov. Gavin Newsom hit the veto button — just a week after tightening dealership disclosure rules with the new CARS Act.The proposed bill would’ve raised the $85 doc fee ca...
Automotive State of The Union
Shoot us a Text. Episode #1190: Today we cover CarMax’s executive shakeup amid disappointing guidance, Tesla shareholders’ approval of Elon Musk’s massive pay package, and how Scout Motors is seeing overwhelming demand for extended-range EVs. Show Notes with links: CarMax shares plunged 24% Thursday after the used car giant issued a grim forecast and announced a surprise leadership shakeup. With profits slipping and competition heating up, the company is betting on new leadership to stabili...