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…
A recent Axios Harris Poll 100 survey reveals a steep decline in Tesla’s reputation, dropping the electric vehicle (EV) giant to 95th place among America’s 100 most visible companies in 2025. Once a darling of the EV industry, Tesla’s fall…
Volkswagen’s shareholders intensified their push for corporate governance reform at the company’s virtual annual general meeting on May 16, 2025, citing conflicts of interest and a lack of board expertise as barriers to the automaker’s success in the electric vehicle…
Tesla’s trade-in program for the 2024 Cybertruck All-Wheel Drive has ignited discussions among electric vehicle (EV) enthusiasts, with a recent estimate of $65,400 for a vehicle with just 6,211 miles prompting varied reactions. A thread on the Cybertruck Owners Club…
A new report from the International Energy Agency (IEA) highlights a seismic shift in the electric vehicle (EV) landscape: Chinese EVs are closing the price gap with traditional gasoline cars, offering a compelling option for buyers. Published on May 16,…
J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March…
Subaru is recalibrating its electrification plans as looming U.S. tariffs, projected to cost the automaker $2.5 billion this fiscal year, disrupt its financial outlook and production strategy, according to CEO Atsushi Osaki during a May 14, 2025, news conference. With…
On May 9, 2025, Wolfspeed (WOLF.N), a key player in the electric vehicle (EV) supply chain, saw its shares drop 23% after the company raised concerns about its financial stability and slashed its annual revenue forecast. The chipmaker, known for…
Chinese electric vehicle (EV) giant BYD is setting its sights on global expansion, aiming for half of its sales to come from outside China by 2030, according to a recent report from CNEVPost. The company plans to drive growth primarily…
Matthew LaBrot, a Tesla sales employee, was terminated on April 25, 2025, just one day after launching a website protesting CEO Elon Musk’s leadership, according to a Business Insider report. LaBrot’s dismissal highlights Tesla’s ongoing struggles with employee dissent and…
Audi has dropped fresh official photos of the E5 Sportback, a China-exclusive electric SUV that’s turning heads with its futuristic design and bold purple finish. Unveiled at Auto Shanghai 2025 on April 23, this model marks Audi’s strategic push into…
Tesla is intensifying its long-standing vision-only approach to autonomous driving in China, reportedly announcing plans to roll out its camera-based Full Self-Driving (FSD) system for mainland-assembled vehicles—pending Beijing’s approval. In a Weibo post on May 4, 2025, the U.S. electric…
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…
NIO Inc., a trailblazer in smart electric vehicles, has set the EV world abuzz with its April 2025 delivery figures, driven by the launch of its compact Firefly model. The company delivered 23,900 vehicles, a 53% surge from last year,…
At the 2025 ACT Expo, Tesla’s Dan Priestley, Senior Manager of the Tesla Semi program, unveiled transformative updates for the Class 8 electric truck, signaling a robust push toward scaled production in 2026. Out of Spec Bits’ coverage captured Priestley’s…
Elon Musk, celebrated as a visionary behind Tesla’s electric vehicle (EV) success, is now accused of dismantling the very government support that fueled his rise, according to a scathing opinion piece in The Guardian by Christopher Marquis. Published today, the…
In a last-minute legislative push, Washington state lawmakers passed House Bill 2077, a controversial measure dubbed the “Tesla tax” that imposes new fees on electric vehicle (EV) credits, directly impacting Tesla’s operations. Reportedly approved over the weekend as part of…
In a bold move to sidestep punitive tariffs and meet surging European demand, Volvo has launched production of its compact EX30 electric SUV at its Ghent, Belgium factory, a strategic shift from its sole manufacturing hub in Zhangjiakou, China. Announced…
Tesla is set to introduce a more budget-friendly version of its popular Model Y, codenamed E80, this July, according to reports circulating on Chinese social media. Shared by Tesla Newswire, the announcement highlights a strategic move to broaden Tesla’s market…
Nissan Motor is set to halt vehicle production at its Wuhan plant in China by March 31, 2026, a decision that marks a significant retreat for the Japanese automaker in the world’s largest electric vehicle (EV) market. According to two…
President Donald Trump’s administration has announced exemptions for U.S. automakers from certain tariffs, a significant concession following intense lobbying by industry leaders concerned about rising electric vehicle (EV) costs and supply chain disruptions, according to the Financial Times. This decision,…
In a landmark case, General Motors (GM) is embroiled in a multi-district lawsuit accusing the automaker of violating customer privacy by collecting and selling driving data without proper consent, as reported by Law360. The Detroit-based company reportedly argues that driving…
On April 21, 2025, Saudi Aramco, the world’s largest oil company, announced a groundbreaking joint development agreement with Chinese electric vehicle (EV) manufacturer BYD to explore new energy vehicle technologies. The deal, signed through Aramco’s subsidiary Saudi Aramco Technologies Company…
On April 20, 2025, Sawyer Merritt, a prominent Tesla commentator with 870K followers on X, shared a detailed list of investor questions slated for Tesla’s Q1 2025 earnings call, scheduled for Tuesday. The post, which garnered significant attention, reflects the…
On April 17, 2025, Reuters reported a significant shift in Hyundai Motor’s electric vehicle (EV) strategy, citing South Korea’s Yonhap news agency. Hyundai Motor (005380.KS) plans to temporarily suspend production of some EVs at its Ulsan complex due to sluggish…
Tesla stock showed signs of recovery on Monday, April 14, 2025, rising 3.4% to $260.92 in early trading after President Donald Trump excluded smartphones and certain electronics from his most severe import tariffs. This positive movement occurs during a challenging…
On April 11, 2025, General Motors (GM) announced the temporary suspension of its BrightDrop electric delivery van production at its CAMI plant in Ingersoll, Ontario, a move that will result in the layoff of approximately 500 workers starting April 14.…
The European Union and China have taken a significant step toward potentially resolving their long-standing dispute over electric vehicle imports, with officials from both sides agreeing to explore minimum pricing as an alternative to the current tariff system, a European…
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