In November 2017, Elon Musk announced the second-generation Tesla Roadster, promising it would be the fastest production car in the world, and began taking deposits from eager buyers. Over $250 million in reservations poured in for the Roadster, but nearly…
On April 14, 2025, Tesla introduced a Long Range Rear-Wheel Drive (RWD) Cybertruck priced at $69,990, a $10,000 saving over the $79,990 All-Wheel Drive (AWD) model. Announced on Tesla’s official website, this trim boasts a 350-mile range but omits all-wheel…
Tesla CEO Elon Musk has made another ambitious claim about autonomous driving technology, stating that “For the first time, there will soon be a generalized, pure AI solution to full self-driving” that relies solely on “cameras and the Tesla AI…
Tesla stock showed signs of recovery on Monday, April 14, 2025, rising 3.4% to $260.92 in early trading after President Donald Trump excluded smartphones and certain electronics from his most severe import tariffs. This positive movement occurs during a challenging…
Tesla has abruptly suspended new orders for its Model S and Model X electric vehicles in China, a move that underscores the intensifying trade tensions between the United States and China. According to Reuters, Tesla’s Chinese website no longer allows…
On April 14, 2025, Chinese automaker BYD launched the Han L sedan and Tang L SUV, the first electric vehicles equipped with its revolutionary Super E-Platform, capable of adding 249 miles (400 km) of range in just five minutes of…
In a contentious standoff, Tesla Canada faces scrutiny over a C$43.1 million (approximately $30 million USD) electric vehicle (EV) rebate claim for 8,653 vehicles, filed in just 72 hours before Canada’s federal EV incentive program expired. The sudden surge, reported…
On April 13, 2025, Lucid Motors seized a pivotal opportunity by acquiring the Arizona facilities of Nikola, a once-hyped electric vehicle (EV) and hydrogen truck manufacturer, for $30 million following Nikola’s Chapter 11 bankruptcy filing in February. The deal, announced…
Genesis, Hyundai Motor Group’s luxury brand, is poised to unveil its flagship electric SUV, the GV90, at the 2025 New York International Auto Show, starting April 18. Previewed by the striking Neolun concept, the GV90 promises to blend minimalist Korean…
In January 2024, Figure AI, a California-based robotics startup, announced a commercial partnership with BMW Manufacturing to deploy its humanoid robots at the automaker’s Spartanburg, South Carolina plant. The deal was hailed as a landmark for humanoid robotics, with Figure’s…
On April 10, 2025, Tesla officially opened its doors in Saudi Arabia, a move signaling both a reconciliation between CEO Elon Musk and the kingdom’s leadership and a bold step toward the country’s aggressive electric vehicle (EV) adoption goals, as…
Tesla’s dominance in the U.S. electric vehicle (EV) market is slipping, with sales declining nearly 9% in the first quarter of 2025, even as the overall EV market expanded by 11%, according to a recent report by Cox Automotive. The…
On April 11, 2025, General Motors (GM) announced the temporary suspension of its BrightDrop electric delivery van production at its CAMI plant in Ingersoll, Ontario, a move that will result in the layoff of approximately 500 workers starting April 14.…
The European Union and China have taken a significant step toward potentially resolving their long-standing dispute over electric vehicle imports, with officials from both sides agreeing to explore minimum pricing as an alternative to the current tariff system, a European…
China’s electric vehicle market continues to surge with impressive momentum, as leading manufacturers reported substantial February delivery figures over the weekend. BYD and XPeng demonstrated particularly strong performance, with several players showing triple-digit year-over-year growth amid an increasingly competitive landscape.…
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