Tesla’s 15-Year IPO Anniversary: From Roadster to $1 Trillion Valuation
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…
Nancy Mace Urges Trump to Release $285M for Mercedes-Benz EV Plant in South Carolina
In a move highlighting the tension between Republican fiscal priorities and local economic benefits, Rep. Nancy Mace (R-South Carolina) has privately urged the Trump administration to release $285 million in federal funding for a Mercedes-Benz Vans plant northwest of Charleston…
VinFast Launches Second Vietnam EV Factory to Boost Affordable Urban Models
On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims…
Tesla Braces for 10% Q2 2025 Delivery Dip Amid Musk Controversy
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…
Tesla Supercharger Network Opens to GM and Ford EVs, Transforming Road Trips
In a game-changer for electric vehicle (EV) drivers, Tesla’s expansive Supercharger network is now accessible to GM and Ford EVs, offering unmatched reliability and convenience. At a sprawling 76-stall Tesla Supercharger site at Tejon Outlets in Southern California, a recent…
Lucid Air’s Innovator Peter Rawlinson Redefines EV Efficiency with Smaller Batteries
Peter Rawlinson, a trailblazing British engineer and Autocar’s 2025 Sturmey Award winner, is reshaping the electric vehicle (EV) landscape with his vision for efficiency at Lucid Motors. As the mastermind behind the Tesla Model S and Lucid Air, Rawlinson champions…
BMW i3 Sedan Set to Challenge Tesla Model 3 with 560-Mile Range, 630 HP by 2027
BMW is gearing up to rival the Tesla Model 3 with its next-generation i3, a sleek sedan built on the innovative Neue Klasse platform, slated for a 2027 launch. According to recent reports, the i3 will offer an impressive range…
China Commits to Fast-Track Critical Minerals for Stellantis’ EV Production in Serbia
Serbia has secured a promise from China to expedite exports of critical minerals essential for electric vehicle (EV) production, directly benefiting Stellantis’ factory in Kragujevac, according to Serbian President Aleksandar Vucic. This development, announced on June 29, 2025, addresses supply…
Ford CEO Endorses Waymo’s LiDAR Approach Over Tesla’s Camera-Only Self-Driving Tech
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…
BMW Recalls 70,852 Electric Vehicles for Software Glitch Causing Power Loss
A software issue in select BMW electric vehicles could lead to a sudden loss of drive power, prompting a recall of 70,852 units, the National Highway Traffic Safety Administration (NHTSA) announced. This defect, affecting popular models like the 2022-2025 BMW…
CATL’s $6 Billion Indonesia Battery Venture Powers Global EV Supply Chain
On Sunday, China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s leading electric vehicle (EV) battery manufacturer, broke ground on a $6 billion battery material ecosystem in Indonesia, partnering with Indonesia Battery Corp. and PT Aneka Tambang, reports Bloomberg. This…
Lucid CEO Urges Congress to Save $7,500 EV Tax Credit as Senate Plans Cuts
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…
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