Hyundai’s conservative supply chain management had helped it to navigate the chip shortage better than other automakers but the prolonged crisis forced the automaker to suspend some production.
Automakers monitor cyberattack on German supplier Eberspaecher
The exhaust and thermal management systems supplier called it an “organized cyberattack” and immediately took “necessary steps” to counteract the breach and protect employees and customers.
'Okay Hyundai’ — how the automaker is leveraging a catchphrase to win Black buyers
NHTSA said Tesla’s response “has been received and is being reviewed. The company has requested confidential business information treatment for the entirety of the information request.”
Hertz orders 100,000 Tesla vehicles for end of 2022; Tesla's worth reaches $1 trillion
News of the deal sparked a surge in Tesla’s stock price, giving the automaker a market valuation north of $1 trillion for the first time. Hertz’s move could box out other competitors from getting Teslas in their fleets in the near term.