Musk unloads $4B in Tesla stock | Carvana stock plunge signals concerns | For GM, no sign of fading pricing power | Ford aims to leverage EV growth | Lucid CEO pocketed more than $260M last year

He sold the stock after agreeing to buy Twitter for $44 billion.

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Friday, April 29, 2022 Musk unloads $4 billion worth of Tesla stock Read More > Enjoying this newsletter? Get more from Automotive News by subscribing today. Tesla faces NHTSA recall of 48,000 U.S. vehicles because speed display disappears in 'track mode' Read More > Carvana stock plunge signals concerns over inflation, higher interest costs Read More > Subscription Required For GM, no sign of fading pricing power or demand in Q1 earnings report Read More > GM awarded CEO Mary Barra a 23% pay bump in 2021 Read More > Subscription Required Ford aims to leverage EV growth for turnaround amid headwinds Read More > Subscription Required Magna Q1 earnings: Net income fell 41% amid microchip, inflation, war disruption Read More > How Lucid Group's CEO pocketed more than $260 million last year Read More > DAILY DRIVE PODCAST: April 29, 2022   Executive Editor Jamie Butters gives you the top headlines and talks about Ford's profitable first quarter, except for the hit it took for its Rivian shares, with Automotive News Ford Reporter Michael Martinez. LISTEN HERE >     Sponsored Content From Autotrader New Study: Cox Automotive Car Buyer Journey Study Get the insight you need in this year's Car Buyer Journey Study to help you drive your strategy forward in 2022. Read More > Subscription Required 2023 Acura Integra priced just below $32,000 Read More > Mercedes will use Faurecia's Aptoide infotainment technology Read More > Subscription Required College students get keys for a Cadillac Lyriq EV in latest chapter of EcoCar competitions Read More > Visteon Q1 earnings: Net income rises 37% to $22M; revenue up 10% to $818M Read More > Automotive News Newscasts With 3 different podcasts to choose from, we cover all that you need to know in the automotive industry. Listen to any – or all – of our podcasts now. SUBSCRIBE TODAY Join our community of business leaders & get unlimited in-depth reporting on issues impacting the automotive industry. SEE OUR SUBSCRIPTION OFFERS This email was sent to bimoharjanto.ankerbellok@blogger.com Manage My Account | Contact Us   © 2022 Automotive News 1155 Gratiot Ave., Detroit, MI 48207-2997 United States Privacy Policy | Terms and Conditions | Unsubscribe

DAILY: A look at campaign promises in Ontario | Chevy Equinox output ends in Ontario | Stellantis extends 2nd minivan shift in Ontario | Magna's Q1 losses | Acura prices the Integra

Every major party looking to govern Ontario has the transition to electric vehicles top of mind

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Friday, April 29, 2022 BIG STORY NEWSLETTER: Sign up and get the weekly video newscast delivered to your inbox each Thursday afternoon. Subscription Required Government Regulations Ontario election campaigns focus on EVs and auto investment Read More > Subscription Required Production GM Canada's CAMI plant ends Equinox output and starts BrightDrop retool for EV future Read More > Subscription Required Production Stellantis extends 2nd shift of minivan output in Windsor until end of 2022 Read More > Subscription Required Suppliers Magna Q1 earnings: Net income fell 41% amid microchip, inflation, war disruption Read More > Subscription Required Cars & Concepts Acura prices new Integra just below $37,000 Read More > Subscription Required Technology Canadian students get keys to a Cadillac Lyric EV for North American EcoCar competition Read More > Subscribe An Automotive News Canada subscription includes 12 monthly issues – delivered in print to your doorstep, and digitally to your inbox – plus unlimited, 24/7 access to our website. Subscribe Connect With Us Our Mission “The Automotive News Canada mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in Canada.” Click here to unsubscribe from this newsletter. Manage your email preferences. Automotive News Canada PO Box 243, Station A Windsor, Ontario, N9A 6K7 customerservicecanada@autonews.com

Magna's Q1 net income fell 41%, here's why

Magna, which reports in U.S. dollars, says net income plunged to $364 million in the quarter ended March 31, down from $615 million in the same period a year earlier

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Friday, April 29, 2022 Subscription Required Magna Q1 earnings: Net income fell 41% amid microchip, inflation, war disruption Read More > Subscribe An Automotive News Canada subscription includes 12 monthly issues – delivered in print to your doorstep, and digitally to your inbox – plus unlimited, 24/7 access to our website. Subscribe Connect With Us Our Mission “The Automotive News Canada mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in Canada.” Click here to unsubscribe from this newsletter. Manage your email preferences. Automotive News Canada PO Box 243, Station A Windsor, Ontario, N9A 6K7 customerservicecanada@autonews.com