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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 service will initially roll out with a small fleet, focusing on safety and controlled operations…
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 waiver, GM’s shift in strategy signals broader tensions in the EV industry, according to a…
On May 16th, Tesla sent a filing to the U.S Securities and Exchange Commissions updating Tesla corporate bylaws, stating that no shareholder...
Tesla, once a leader in the electric vehicle (EV) industry, is grappling with a severe challenge as over 10,000 Cybertrucks sit unsold across the U.S., costing the company an estimated $800 million. According to a recent Forbes report, this inventory backlog, combined with sharp declines in Tesla sales worldwide, signals a potential turning point for…
In a surprising turn for California’s electric vehicle (EV) market, Tesla sales plummeted 21% in the first quarter of 2025 compared to the same period in 2024, while other EV brands saw a 14% rise, according to the California Energy Commission. This shift has led to a 3% year-over-year decline in overall zero-emission vehicle sales,…
Electric vehicle (EV) owners may soon turn their cars into income sources while they rest, thanks to a new initiative by ChargeScape. This joint venture, backed by BMW, Ford, Honda, and Nissan, is revolutionizing how EVs interact with the power grid, offering financial incentives and grid stability. Reported by Axios, this development highlights a growing…
Tesla has introduced a new initiative offering a $1,000 discount on any new electric vehicle (EV) for verified students, teachers, first responders, military veterans, retirees, active-duty members, their spouses, and surviving spouses. This program, dubbed “Made in America for Everyday Heroes,” expands Tesla’s previous military-only discount to honor a broader group of American heroes with…
On May 16, 2025, Tesla announced the addition of Chipotle executive Jack Hartung to its board of directors and audit committee, effective June, expanding the board to nine members. This move, reported by Reuters, strengthens Tesla’s financial governance as the electric vehicle (EV) maker navigates leadership transitions and compensation reviews. Strategic Board Expansion Hartung, retiring…
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