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VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
California

VinFast Opens First California Dealership, Signals EV Market Expansion

EV enthusiasts have a new reason to get excited as VinFast, Vietnam’s emerging electric vehicle (EV) maker, launches its first dealership in San Diego, California. The move, announced on Wednesday, marks a strategic shift for the company, backed by Vietnam’s largest conglomerate, Vingroup (VICHM). This dealership opening, set to begin operations this month, reflects VinFast’s…

Tesla

Electric Vehicles Set for Record Year as U.S. Adoption Slows, China Leads the Charge

Electric vehicle (EV) sales are poised to hit a new global record in 2025, with plug-in electric vehicles expected to account for one in four new passenger vehicles sold worldwide, according to the latest BloombergNEF Electric Vehicle Outlook. However, the U.S. market faces a slowdown as policy shifts and rising costs challenge adoption, while China…

Tesla

Senate Republicans Move to End $7,500 EV Tax Credit, Impacting EV Owners and Industry

On June 16, 2025, U.S. Senate Republicans introduced a bold proposal to terminate the $7,500 tax credit for new electric vehicle (EV) purchases, shaking up the landscape for EV owners and manufacturers. The plan, detailed in a Reuters report, aims to eliminate this incentive 180 days after the measure becomes law, while immediately ending credits…

Tesla Chair Robyn Denholm Sells $32M in Stock Amid EV Giant’s Turbulent Times
Tesla

How Elon Musk’s Tesla Robotics Vision Transforms the EV Industry

Elon Musk is steering Tesla toward a bold new future, shifting the company’s focus from electric vehicles (EVs) to robotics, with a potential rollout of driverless cars as early as this month in Austin, Texas. This pivot, detailed in a recent Wall Street Journal article, marks a significant evolution for Tesla, which began nearly 22…

Tesla

Trump Signs Bill Blocking California’s 2025 Gas Car Ban, Impacting EV Future

President Donald Trump has signed legislation that halts California’s ambitious plan to phase out gas-powered car sales by 2035, marking a significant shift in the state’s electric vehicle (EV) landscape. Reported by Axios, this move revokes Environmental Protection Agency (EPA) waivers that allowed California to set its own air quality standards, including the EV mandate.…

Tesla

Tesla Teases Affordable New Model: Rumored June Production Start

Tesla fans and electric vehicle (EV) enthusiasts are buzzing with anticipation as the company prepares to launch production of a new, more affordable model this month. The automaker, known for its innovative battery technology and autonomous driving features, has confirmed plans to begin manufacturing a cost-effective vehicle in June 2025, potentially priced under $30,000 USD…

Tesla

Drone Captures Tesla’s Affordable EV Prototype Testing at Fremont Track

A YouTuber recently flew a drone over Tesla’s Fremont test track, capturing footage of what appears to be a prototype for Tesla’s long-awaited affordable electric vehicle (EV). Shared by the account “Met God in Wilderness,” the video has sparked excitement among EV enthusiasts, offering a glimpse of a compact Tesla model potentially set to redefine…

Tesla Confirms Plans for Sub-$30,000 EV, Raising Questions About Strategy and Timeline
Cybercab

Tesla Cybercab Robotaxi Service Set to Launch in Austin, Advancing Autonomous EV Future

On June 12, 2025, Tesla Inc. will launch its highly anticipated Cybercab robotaxi service in Austin, Texas, marking a pivotal step in Elon Musk’s vision to transform Tesla into a leader in driverless electric vehicles (EVs) and artificial intelligence (AI). According to a Bloomberg report, this milestone follows recent public road tests of a fully…

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