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Lucid Motors will move forward with a rare 1-for-10 reverse stock split, set to take effect on September 2, in an effort to boost the electric vehicle (EV) maker’s struggling share price, according to a Barron’s report. The move comes as Lucid stock trades near record lows and far below early Wall Street expectations for…
California is preparing to revive its own electric vehicle (EV) subsidies after the Trump administration dismantled federal support, eliminating tax credits and rolling back zero-emission mandates. State officials this week submitted a report to Gov. Gavin Newsom detailing strategies to sustain EV adoption in the absence of federal backing, as reported by the Los Angeles…
British EV shoppers can reportedly lease a Tesla for just over half last year’s monthly rate, as The Times reports the automaker is offering steep fleet discounts to move inventory in the UK, reports Reuters. The news outlet said it could not immediately verify the report and Tesla did not comment. Leasing discounts and inventory…
Rivian CEO RJ Scaringe has hinted at a broader lineup of affordable electric vehicles, including the R4, R5, and potentially an R6, following the launch of the R2 in early 2026 and R3 in 2027. The comments came during his appearance on Daniel Tosh’s Tosh Show podcast, where he also discussed the company’s ongoing production…
Relatable much? If you’re tired of high energy costs draining your EV budget, Tesla’s move to supply power in Britain could be your savior, straight from their recent Ofgem application. Tesla, the electric vehicle giant led by Elon Musk, has applied for an electricity supply license in Great Britain, positioning the company to deliver power…
In a world obsessed with speed, Chevy went full tortoise mode and won big: their Silverado EV clocked 1,059.2 miles on one charge, blowing past records and showing what your electric truck could do with a little patience. A team of General Motors engineers recently pushed a 2026 Chevrolet Silverado EV Work Truck to travel…
Hey EV fans, tired of Tesla’s pricing games? China’s got bigger drama: officials are begging makers like BYD and XPeng to quit the price wars before they tank the whole industry. China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth.…
Is Tesla’s reign over? In Germany, sales crashed to 1,110 cars in July, as BYD’s EVs skyrocketed. In July 2025, Tesla’s new car sales in Germany plummeted by 55.1%, with only 1,110 vehicles registered, while the broader electric vehicle (EV) market soared, according to the German road traffic agency KBA. This stark contrast highlights Tesla’s…
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