Tesla shareholders face an unprecedented decision Thursday as they vote on CEO Elon Musk’s nearly $1 trillion compensation package—with Board Chair Robyn Denholm warning that rejecting it could trigger Musk’s departure and send the company’s stock into freefall. The vote,…
BYD has overtaken Tesla in the United Kingdom’s electric vehicle market, marking a stunning reversal in one of Europe’s largest markets for plug-in cars. The Chinese manufacturer registered almost seven times more new cars than Tesla last month, according to…
Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer…
Elon Musk floated an audacious idea during Tesla’s Q3 2025 earnings call that flew under the radar: transforming the company’s millions of parked vehicles into a massive distributed computing network for artificial intelligence. The proposal, shared by Tesla analyst Nic…
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…
Morgan Stanley’s Adam Jonas suggested Tesla’s shareholder proposal to invest in xAI represents strategic exploration rather than commitment, maintaining his bullish stance on the EV maker with an $800 price target ahead of the November 6 vote. Morgan Stanley analyst…
Tesla Board Chair Robyn Denholm issued an urgent warning to shareholders today: approve Elon Musk’s nearly $1 trillion compensation package by November 5th, or risk losing him as CEO and watching Tesla collapse from AI/robotics pioneer into “just another car…
The National Highway Traffic Safety Administration is seeking information from Tesla about its newly released “Mad Max” Full Self-Driving mode after drivers reported on social media that vehicles using the aggressive setting routinely exceed posted speed limits. The inquiry comes…
Federal safety regulators have opened an investigation into Tesla’s remote-control “Actually Smart Summon” feature after at least 16 crashes where the vehicles failed to detect stationary obstacles, raising fresh questions about the automaker’s autonomous driving promises as CEO Elon Musk…
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:…
Reuters analysis reveals Tesla is taking an unprecedented gamble in the automotive industry: staking its entire car business on models designed between 2017 and 2020 while Chinese EV makers like BYD slash development cycles to two years or less. Industry…
Rivian Automotive is laying off approximately 600 employees—roughly 4.5% of its workforce—as the electric vehicle maker faces mounting pressure from the September 30 expiration of federal EV tax credits and a broader slowdown in EV demand. The layoffs, first reported…
General Motors unveiled plans today to bring eyes-off autonomous driving to the Cadillac Escalade IQ electric SUV by 2028, marking a dramatic strategic shift after shutting down its $10 billion Cruise robotaxi business. The announcement positions GM to compete directly…
Tesla is poised to beat Wall Street expectations when it reports third-quarter earnings Wednesday, riding record vehicle deliveries and energy storage deployment. But for EV enthusiasts watching the company’s trajectory, the real story isn’t the numbers—it’s what comes next. The…
Tesla stock slipped Wednesday even after reports suggested CEO Elon Musk is likely abandoning plans to form a new U.S. political party, a development that might otherwise have eased investor concerns tied to his political involvement. According to The Wall…
Did you buy Tesla’s Full Self-Driving? A new lawsuit could change what your EV is really worth on the road—and in court. Tesla is now facing a certified class action lawsuit in California regarding its claims about Full Self-Driving (FSD)…
Buckle up, Tesla fans—imagine cruising without those pesky steering wheel tugs. Elon Musk just teased FSD V14, packing a 10X parameter punch for smoother autonomy, even as Robotaxis steal the spotlight. Tesla CEO Elon Musk shared details on the upcoming…
Relatable much? If you’re tired of high energy costs draining your EV budget, Tesla’s move to supply power in Britain could be your savior, straight from their recent Ofgem application. Tesla, the electric vehicle giant led by Elon Musk, has…
Is Tesla’s reign over? In Germany, sales crashed to 1,110 cars in July, as BYD’s EVs skyrocketed. In July 2025, Tesla’s new car sales in Germany plummeted by 55.1%, with only 1,110 vehicles registered, while the broader electric vehicle (EV)…
Hey Tesla fans, ever worry Musk’s side hustles are derailing EVs? The company’s $29B “good faith” grant aims to fix that, per fresh board docs. Tesla awarded CEO Elon Musk 96 million shares valued at approximately $29 billion on Monday,…
A Florida jury has ordered Tesla to pay $243 million in damages following a deadly 2019 crash involving its Autopilot system, marking a significant legal setback that could invite more lawsuits against the electric vehicle maker, reports Reuters. This verdict…
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…
Picture this: Your next Dallas commute in a silent, self-driving Jaguar EV. Waymo’s partnership-fueled launch next year promises just that, challenging Tesla’s bold moves. Waymo, Alphabet’s autonomous vehicle unit, announced plans to introduce its driverless ride-hailing service in Dallas next…
Tesla’s EV Sales in California Plunge for Seventh Straight Quarter Amid Growing Challenges Tesla Inc. saw its new vehicle registrations in California drop sharply last quarter, marking the seventh consecutive decline in the nation’s largest electric vehicle market. This downturn,…
Elon Musk just promised robotaxis for half the US by year’s end, but California’s regulators aren’t buying it—here’s what EV owners need to know. Tesla CEO Elon Musk outlined ambitious plans for robotaxi deployment during the company’s recent earnings call,…
Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a…
As electric vehicle sales falter, major battery manufacturers are shifting focus to a booming market in large-scale energy storage systems, offering a potential buffer against losses in the automotive sector. This strategic pivot helps utilize underused factories and taps into…
Tesla has appointed Raj Jegannathan, a senior information technology executive, to oversee its North American sales team as the electric vehicle company confronts declining demand in key markets, according to Investing.com. This move follows the recent departure of longtime sales…
Tesla’s vice president of sales, service, and delivery in North America, Troy Jones, has left the company after 15 years, according to a Wall Street Journal report cited by Reuters. This development adds to a series of high-level exits at…
A federal jury trial begins today in Miami, examining whether Tesla’s Autopilot system contributed to a deadly 2019 crash near Key Largo, Florida, that killed a 22-year-old woman and injured her companion. The lawsuit, filed by survivor Dillon Angulo and…
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