Trump Dumps Tesla After Musk Feud: Drama Unfolds
President Donald Trump is parting ways with his Tesla Model S after a public falling out with Tesla CEO Elon Musk, a move that underscores tensions between the two influential figures and raises questions about the electric vehicle (EV) industry’s…
$1.6 Billion South Carolina EV Battery Plant Halts Amid Policy Shifts
AESC, a Japanese battery manufacturer, has paused construction on its $1.6 billion factory in Florence, South Carolina, designed to supply batteries for BMW’s electric vehicles (EVs). The decision, stems from uncertainties in federal EV policies and potential tariff changes under…
Trump-Musk Feud Escalates Over Tax-Cut Bill, Threatens Tesla and EV Industry Stability
A growing rift between U.S. President Donald Trump and Tesla CEO Elon Musk has sparked concerns for the electric vehicle (EV) industry, as the two clash over a tax-cut bill that could reshape federal spending and EV market dynamics. According…
Tesla Fights to Keep Austin Robotaxi Plans Under Wraps
Tesla is pushing to block the city of Austin, Texas, from releasing public records about its planned robotaxi launch, sparking a debate over transparency as the electric vehicle giant prepares to roll out self-driving taxis this month. According to Reuters,…
Tesla Owners Switch to Polestar in Record Numbers as Sales Shift in the UK
A growing number of Tesla drivers in the UK are trading in their electric vehicles (EVs) for Polestar models, with Polestar’s UK managing director reporting conversions at a “fairly high rate.” This shift comes as Tesla faces a steep 36%…
BYD Faces Heat: China Calls Out EV Giants, Price War Warning
Chinese authorities have called on major electric vehicle (EV) manufacturers, including BYD, to halt aggressive price wars that are threatening the industry’s stability, according to a recent meeting in Beijing. Reported by Bloomberg the Ministry of Industry and Information Technology…
Tesla Stock Plummets 16% as Musk-Trump Feud Escalates Over EV Subsidies
Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to…
Tesla’s China-Made EV Sales Drop 15% in May Amid Fierce Price Wars
Tesla’s China-made electric vehicle (EV) sales fell 15% year-over-year in May 2025, marking the eighth consecutive month of decline, according to a recent Reuters report. The drop highlights the intense competition in China, the world’s largest auto market, where price…
Tesla Faces Steep Decline in China as Local EV Rivals Surge
Tesla’s dominance in China’s electric vehicle (EV) market is crumbling, with shipments from its Shanghai factory dropping 15% in May 2025 compared to the previous year, marking the eighth consecutive month of decline. According to a recent Bloomberg article, this…
UK New Car Sales Surge with EV Discounts Driving Demand
UK new car sales rose in May 2025, with electric vehicles (EVs) leading the charge thanks to heavy discounts, according to Reuters. Total registrations climbed 1.6% year-over-year to 150,070 units, marking the best May performance since 2021. EV Discounts Fuel…
UK Electric Vehicle Sales Climb in May 2025 Despite Tesla’s Sharp Decline
In May 2025, UK new car registrations rose by 1.6% to 150,000 units, with all-electric vehicles (EVs) making up 32,000 of those sales—a 25% jump from the same month last year. However, Tesla, a former EV market leader, saw its…
Pension Funds Demand Tesla Board Replace Elon Musk as CEO Amid Brand Concerns
A recent Forbes report reveals growing discontent among Tesla’s major shareholders, with pension funds and state officials urging the electric vehicle (EV) giant’s board to replace CEO Elon Musk. A consumer sentiment survey highlights that 51% of EV-curious adults view…
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