Amid declining sales, Tesla slashes costs and plans to cut 10% of its workforce. Ford reports steep losses on its EVs – to the tune of $1.3 bn for the quarter – as it struggles to cut costs. Hertz to sell of yet another 10,000 EVs, adding to the 20,000 it'ss already working to dispose of. Honda announces plans to develop an $11bn EV manufacturing capability in Ontario, involving JV investments from South Korea’s Posco and Japan’s Asahi Kasei. Toyota puts down an additional $1.4 bn into its Indiana EV plant for a three-row electric SUV, and battery pack assembly line using batteries from its North Carolina facility. #ERCOT hashtag#loadgrowth hashtag#theenergyswitch hashtag#energytransition hashtag#EVs hashtag#electricvehicles hashtag#batteries hashtag#sodiumbatteries hashtag#Tesla hashtag#Ford hashtag#Hundai hashtag#Toyota