Tesla has not submitted applications for the necessary permits to operate driverless taxis in California, according to state regulators, even as CEO Elon Musk projects an expansion to the San Francisco Bay Area in the coming months, reports Reuters. This…
Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the…
Tesla’s dominance in electric vehicle (EV) production is poised to yield significant profits from Canada’s new zero-emission vehicle (ZEV) mandates, fueling tensions with traditional automakers. According to a recent analysis, Tesla earned $2.8 billion globally in 2024 from selling compliance…
In June 2025, Tesla’s UK sales climbed 3.7% to 7,700 vehicles, a modest recovery after a sluggish first half, according to data from the Society of Motor Manufacturers and Traders (SMMT). This uptick follows a 1.3% year-to-date decline, with 22,700…
On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax…
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…
On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the…
Tesla’s second-quarter 2025 deliveries declined by 14% compared to last year, but the numbers proved less severe than anticipated, boosting the company’s stock price. According to a post on X by Sawyer Merritt on July 2, 2025, Tesla delivered 384,122…
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…
The U.S. Senate narrowly passed the “Big Beautiful Bill” on July 1, 2025, a sweeping legislative package championed by former President Donald Trump, sending it to the House for final approval. This 940-page bill, which includes a $5 trillion federal…
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…
Tesla is projected to miss second-quarter delivery expectations, with Deutsche Bank forecasting 355,000 vehicles delivered against a consensus of over 380,000, according to Investing.com. Despite this, the bank maintains its Buy rating and $345.00 price target, citing Tesla’s long-term potential…
On June 29, 2010, Tesla debuted on the Nasdaq with its electric Roadster, a two-seat sportscar offering a 236-mile range, marking the start of a transformative journey. Fifteen years later, Tesla’s stock has surged nearly 300-fold, turning a $10,000 investment…
Tesla is poised to report a 10% year-over-year drop in second-quarter vehicle deliveries, with analysts projecting around 400,000 units by June 2025, down from 440,000 last year, according to Visible Alpha estimates. The electric vehicle (EV) leader faces headwinds from…
Ford CEO Jim Farley has publicly backed Waymo’s LiDAR-based self-driving technology, diverging from Tesla’s camera-only approach, signaling a strategic shift for Ford’s autonomous vehicle development. Speaking at the Aspen Ideas Festival on June 27, 2025, Farley emphasized the critical role…
Lucid Motors CEO Marc Winterhoff has urged Congress to preserve the $7,500 federal electric vehicle (EV) tax credit, warning that its elimination could cripple startups like his in a competitive market. As the Senate prepares to vote on a bill…
On Saturday, June 28, 2025, Elon Musk, CEO of Tesla Inc., publicly condemned the U.S. Senate’s revised tax bill, which accelerates the elimination of the $7,500 electric vehicle (EV) tax credit. Musk’s sharp criticism, posted on his social media platform…
Tesla has achieved a historic milestone with the first fully autonomous delivery of a Model Y to a customer’s home, completed a day ahead of schedule on June 27, 2025. The delivery, which navigated highways and local roads with no…
Tesla has made a groundbreaking leap in electric vehicle (EV) technology with the first fully autonomous delivery of a Model Y, completing a journey from factory to a customer’s home across town, including highways, a day ahead of schedule. UPDATE:…
Tesla’s vice president of sales and manufacturing for North America and Europe, Omead Afshar, has left the electric vehicle (EV) giant, marking another high-profile exit as the company navigates declining sales and a pivot to autonomous technology. The departure, confirmed…
The dream of fully autonomous cars continues to stall, leaving electric vehicle (EV) enthusiasts and industry watchers intrigued yet cautious. Despite early optimism following the US military’s Darpa challenge two decades ago, progress toward Level 5 self-driving cars—capable of driving…
In May 2025, Tesla’s European sales plummeted for the fifth consecutive month, with only 8,729 vehicles sold across the European Union—a 40.5% decline from the 14,682 units sold in May 2024, according to data from the European Automobile Manufacturers Association.…
Tesla’s robotaxi trials in Austin, Texas, have hit roadblocks, with videos from riders revealing multiple driving errors just days into the public test. The incidents, reported by Reuters, highlight challenges in Tesla’s self-driving software as the company pushes toward autonomous…
Europe’s electric vehicle (EV) market gained momentum in May 2025, with new-car registrations climbing 1.9% to 1.11 million units, according to the European Automobile Manufacturers’ Association. This uptick, driven by robust demand for plug-in hybrids and battery-electric cars, signals a…
On June 22, 2025, Tesla rolled out its robotaxi pilot in Austin, Texas, marking a pivotal step for electric vehicle (EV) autonomy. The limited launch, featuring a dozen autonomous Tesla Model Ys, drew praise from select riders, including investors and…
Tesla has officially rolled out its long-awaited robotaxi service in Austin, Texas, marking a significant milestone for electric vehicle (EV) enthusiasts and the autonomous driving industry. Launched on Sunday, June 22, 2025, this service introduces a select group of invitees…
Tesla’s Model Y is staging a remarkable comeback, with CEO Elon Musk announcing a “major rebound in demand” during a recent interview on CNBC. This resurgence follows a challenging first quarter marked by a global factory changeover and production shutdowns.…
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…
A group of Tesla owners in France has launched a lawsuit against the American electric vehicle (EV) giant, citing CEO Elon Musk’s controversial political positions as the driving force behind their decision. The legal action, filed by the Paris law…
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…
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