Chinese electric vehicle (EV) manufacturer XPeng is making waves in the EV industry, forecasting second-quarter revenue between 17.5 billion and 18.7 billion yuan ($2.47 billion to $2.64 billion), surpassing Wall Street expectations of 16.85 billion yuan, according to LSEG data.…
On May 20, 2025, Elon Musk reaffirmed his dedication to leading Tesla as its chief executive for at least another five years, addressing the Qatar Economic Forum with a bold statement despite recent electric vehicle (EV) market struggles. Speaking at…
Following the collapse of merger talks between Nissan and Honda in February 2025, Toyota reportedly reached out to Nissan to explore a potential partnership, according to Japan’s Mainichi Shimbun via Automotive News. This move underscores Toyota’s ambition to bolster its…
Volkswagen is set to revive traditional naming for its electric vehicles (EVs), moving away from the alphanumeric ID labels like ID.3 and ID.4, according to a recent statement from the company’s head of marketing and sales. According to Motor1, this…
In a fiery response to violent attacks on Tesla showrooms in Europe, CEO Elon Musk issued a direct warning to perpetrators and their organizers: “Don’t worry, we are coming for you!” Speaking at the Qatar Economic Forum, Musk condemned the…
Tesla Europe & Middle East showcased the capabilities of its Full Self-Driving (FSD) Supervised system by navigating the notorious Arc de Triomphe roundabout in Paris, a challenging urban environment known for its complexity. This achievement highlights the advancing potential of…
LG Energy Solution (LG Ensol) is set to significantly boost production of its next-generation 4680 cylindrical battery, a critical component for Tesla’s electric vehicles (EVs), starting in June or July 2025, reports the Korean newsoutlet Dealsite. This ramp-up at its…
Slate Auto, a Troy, Michigan-based electric vehicle (EV) startup, has secured 100,000 reservations for its sub-$30,000 electric mini-pickup, backed by $700 million in funding from investors like Jeff Bezos, reports Automotive News. Targeting a late-2026 production start, the company’s innovative…
Tesla’s Chief Financial Officer, Vaibhav Taneja, received a staggering $139.5 million compensation package in 2024, making it the highest CFO pay on record since 2006, according to a recent report by The Wall Street Journal. This milestone comes as Tesla…
A recent Axios Harris Poll 100 survey reveals a steep decline in Tesla’s reputation, dropping the electric vehicle (EV) giant to 95th place among America’s 100 most visible companies in 2025. Once a darling of the EV industry, Tesla’s fall…
Tesla is gearing up to introduce a limited robotaxi service in Austin, Texas, next month, marking a significant step in the electric vehicle (EV) giant’s push toward autonomous driving. According to a recent Morgan Stanley-Tesla meeting reported by IBD, the…
General Motors (GM) is leading a charge to reverse California’s ambitious electric vehicle (EV) mandate, citing market challenges and misalignment with consumer demand. As the state prepares for a Senate vote as early as this week to revoke its emissions…
Japan is exploring subsidies for Tesla’s electric vehicle (EV) charging stations as part of ongoing trade negotiations with the U.S., reports Reuters. This move aims to bolster EV infrastructure while addressing U.S. concerns over Japan’s current subsidy framework, potentially impacting…
Volkswagen’s shareholders intensified their push for corporate governance reform at the company’s virtual annual general meeting on May 16, 2025, citing conflicts of interest and a lack of board expertise as barriers to the automaker’s success in the electric vehicle…
On May 16th, Tesla sent a filing to the U.S Securities and Exchange Commission updating Tesla corporate bylaws, stating that no shareholder who has ownership under 3% is allowed to sue the company, any directors, or executives for breach of…
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