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Lucid

Lucid Motors Boosts EV Efficiency with Fewer Parts, Stronger U.S. Supply Chain

Lucid Motors is redefining electric vehicle (EV) production by using fewer parts and prioritizing domestic suppliers, a strategy that enhances efficiency and resilience, according to VP of Engineering James Hawkins. Speaking at AutoTech 2025, Hawkins outlined how this approach delivers high-performance EVs while addressing supply chain challenges in a volatile global market, according to Automotiv

Tesla

Swedish Pension Fund AP7 Dumps Tesla Stock Over Labor Rights Concerns

Swedish pension fund AP7 has made headlines by blacklisting Tesla and selling its entire stake in the U.S. electric vehicle (EV) maker, citing violations of union rights. The decision, announced on June 13, 2025, reflects growing scrutiny of labor practices within the EV industry and could signal a shift in investment strategies for sustainable portfolios,…

Model S

Tesla Unveils 2025 Model S and Model X Updates with $5,000 Price Hike and New Features

Tesla has launched refreshed versions of its flagship Model S and Model X electric vehicles, introducing subtle design tweaks, enhanced technology, and a $5,000 price increase across all trims. Announced on June 12, 2025, these updates aim to refine the driving experience, though some enthusiasts question whether the changes justify the higher cost. Pricing and…

Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Slashes Prices with 2025 Air Models and New Incentives

Lucid Motors is making waves in the electric vehicle (EV) industry by rolling out attractive pricing and incentives for its 2025 Lucid Air lineup, as announced on their official website. With lease options starting as low as $519 per month and cash bonuses up to $10,000, the luxury EV maker is positioning itself as a…

Musk's Potential Role in Trump Administration Raises Concerns for Tesla
Model Y

Trump Announces Elon Musk’s Exit from DOGE Role at White House Press Conference

In a surprising turn at the White House, President Donald J. Trump announced that Elon Musk will step away from his role in the Department of Government Efficiency (DOGE) during a press conference scheduled for May 30, 2025, at 1:30 P.M. EST. The statement, shared via a post on Truth Social from Trump’s verified account,…

Electric Shock: Tesla's Winning Streak Shakes Short Sellers
Model S

Tesla Model S Plaid 2025: New Design, Same Epic Power

Tesla is refining its flagship electric sedan, the Model S Plaid, with a prototype recently spotted lapping the Nürburgring in Germany. According to Autoblog, the 2025 refresh brings minor visual tweaks but leaves fans wanting more significant changes to keep pace with rising competition in the EV market. A Light Refresh for Tesla, a Performance…

Tesla

Used Tesla Prices Plummet as Resale Values Hit Record Lows in 2025

The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now…

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