A groundbreaking study from Yale University economists has quantified for the first time how CEO Elon Musk’s partisan political activities directly damaged Tesla’s U.S. sales. The National Bureau of Economic Research working paper concludes Tesla would have sold between 1…
Tesla’s Model Y returned to the top of Europe’s sales charts in September 2025, ending a nine-month drought that saw the electric SUV plummet as low as 60th place just two months earlier. But the victory comes with a catch:…
Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric…
The U.S. National Highway Traffic Safety Administration (NHTSA) has launched an investigation into the effectiveness of a prior recall remedy for over 27,000 Polestar 2 electric vehicles, following persistent reports of rear-view camera malfunctions. This action highlights ongoing safety concerns…
Volkswagen aimed to revive its iconic bus as the electric ID.Buzz to boost its presence in the American auto market, but high prices, production delays, and regulatory hurdles have limited its success. The vehicle, which draws on nostalgia from the…
In June 2025, Tesla’s sales in Germany dropped by a staggering 60%, with only 1,860 vehicles sold compared to the previous year, according to the German road traffic agency KBA. Despite a robust 8.6% rise in overall battery electric vehicle…
In June 2025, Tesla’s revamped Model Y sparked a significant sales boost in Norway and Spain, signaling strong demand for the updated electric SUV despite broader market struggles. According to Reuters, Tesla’s registrations in these countries surged, driven by the…
On July 1, 2025, U.S. President Donald Trump escalated tensions with Tesla CEO Elon Musk, threatening to review federal subsidies for Musk’s companies, including Tesla’s electric vehicle (EV) incentives, via the Department of Government Efficiency (DOGE). This follows Musk’s sharp…
On June 16, 2025, Polestar, the Sweden-based electric vehicle (EV) manufacturer, announced a $200 million equity investment from PSD Investment, a firm controlled by Geely Holding Group’s founder, Li Shufu. This funding, reportedly secured through a private investment in public…
Tesla’s Model Y is making headlines with a stunning sales recovery in Norway and Australia, defying challenges faced elsewhere. According to a recent Forbes article, the electric vehicle (EV) giant reported a 213% sales increase in Norway, selling 2,600 cars…
Volvo Cars announced on May 26, 2025, that it will cut 3,000 jobs globally, primarily targeting white-collar roles, as the automaker grapples with high costs, a slowdown in electric vehicle (EV) demand, and looming trade tariffs, reports Automotive News. The…
Volvo Cars’ CEO, Hakan Samuelsson, has raised concerns over looming tariffs that could significantly increase costs for electric vehicle (EV) buyers in the United States. In a recent statement, Samuelsson highlighted the challenges of maintaining affordability for models like the…
A prominent U.S. marketing professor, Scott Galloway, labeled Elon Musk’s involvement with the Trump administration’s Department of Government Efficiency (Doge) as “one of the greatest brand destructions” ever, citing its impact on Tesla’s core demographic. Speaking on the Pivot podcast,…
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…
In a surprising turn for the electric vehicle (EV) industry, Tesla’s new car sales in the UK and Germany dropped to their lowest levels in over two years in April 2025, despite a broader surge in EV demand across Europe.…
The Zeekr 007 GT, a sleek electric wagon from Geely’s premium EV brand, is turning heads with glowing reviews as it gears up for its European debut in Q2 2025. Branded as the Zeekr 7 GT in Europe, this “shooting…
Tesla’s electric vehicle (EV) sales in Europe took a nosedive in April 2025, with an alarming 81% drop in Sweden, marking the lowest sales since October 2022, according to a Reuters report. The automaker is grappling with fierce competition from…
Imagine a boat that skims the ocean at 180 miles per hour, powered entirely by electricity, revolutionizing coastal travel. That’s the bold vision of Regent, a Rhode Island-based company, whose electric seagliders are set to redefine transportation. By blending boat…
On April 20, 2025, Tesla Europe’s booth at the Elmia Car Show in Sweden drew massive crowds, achieving a new Swedish record with more than 800 test rides in a single day. According to Tom Sjötun, a verified user on…
The European Union’s transition to electrified vehicles hit a significant milestone in 2023, with hybrid and battery-electric vehicles collectively matching traditional internal combustion engine (ICE) registrations for the first time. New data from Eurostat reveals that electrified vehicles captured 48.3%…
Mercedes-AMG has unveiled the first official image of its upcoming all-electric performance SUV, marking a significant step in the brand’s transition to high-performance EVs. The camouflaged prototype represents AMG’s first dedicated electric SUV, built on the new purpose-built AMG.EA platform…
The European Union is ramping up its defensive stance against Chinese electric vehicle imports through a combination of increased tariffs and new intellectual property sharing requirements, according to reporting from the Financial Times. New Rules for Chinese EV Companies Brussels…
Siemens is carving out its electric vehicle (EV) charging business, aiming to charge up growth in this booming sector. The German industrial giant announced on Monday that it plans to separate its Siemens eMobility unit, combining it with recently acquired…
Nio, the Chinese electric vehicle (EV) manufacturer, has dismissed rumors that it plans to acquire the Audi Brussels car plant. The company’s CEO, William Li, emphasized Nio’s cautious approach to investing in fixed assets, except for battery swap stations. This…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China,…
Electric vehicle (EV) batteries are on track for a major sustainability upgrade, potentially revolutionizing the industry’s environmental impact and supply chain. According to a recent report from The Economist, most EV batteries could soon be made by recycling old ones,…
Volvo has revised its ambitious plan to sell only pure electric vehicles (EVs) by 2030, now aiming for 90-100% of its global sales to be electrified cars, including both fully electric and plug-in hybrid vehicles. This adjustment comes amidst slower…
European automakers, particularly Volkswagen, are facing a significant crisis in their electric vehicle (EV) production efforts. According to a recent Bloomberg report, German and French carmakers are rapidly losing ground in the race to produce EVs, leading to potential factory…
Tesla’s upcoming annual general meeting (AGM) on June 13 faces potential hurdles as tens of thousands of international retail shareholders, holding around $17 billion in stock, may be unable to vote due to inadequate cross-border voting systems provided by investment…
New Tesla Store in Stockholm Tesla has just opened a new showroom in Stockholm, Sweden, located at Sveavägen 21. The EV company shared the news on X / Twitter, inviting fans to visit and take photos. Showcasing Innovations Inside the…
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