On May 12, 2025, House Republicans introduced a tax reform bill that could reshape the U.S. electric vehicle (EV) landscape by proposing to eliminate the $7,500 new-vehicle tax credit and $4,000 used-vehicle credit, alongside repealing fuel efficiency rules aimed at…
Tesla shareholder Ron Baron, founder of Baron Capital, remains a steadfast supporter of the electric vehicle (EV) giant, projecting a potential 10-fold increase in Tesla’s stock value. Speaking at the Economic Club of New York on May 13, 2025, Baron…
Jaguar Land Rover (JLR), Britain’s largest automotive employer, has reported its strongest profits in a decade, reaching $3.14 billion (£2.5 billion) for the 2024-25 financial year, up from $2.77 billion (£2.2 billion) the previous year, despite looming U.S. tariff uncertainties.…
Bollinger Motors, a Michigan-based electric vehicle (EV) startup focused on commercial trucks, has been placed into receivership following a court ruling, signaling severe financial distress for the company that raised $148 million but produced only 40 trucks. According to Automotive…
A new Electric Vehicle Intelligence Report (EVIR) reveals shifting consumer perceptions in the U.S. electric vehicle (EV) market, with Honda, Chevrolet, and Ford gaining ground as Tesla’s brand reputation weakens. Based on a survey of over 8,000 U.S. consumers, the…
Lucid Motors has rolled out aggressive pricing and incentives for its 2025 Lucid Air lineup, making its luxury electric vehicles (EVs) more accessible to buyers. The updated pricing, detailed on Lucid Motors’ official website, positions the Air Pure, Air Touring,…
Slate Auto, an upstart electric vehicle manufacturer, is making waves with a $700 million fundraising haul backed by Jeff Bezos’s investment firm, Bezos Expeditions. The funding, confirmed by Newsweek, spans Series A and B rounds, with the final close in…
On May 8, 2025, House Speaker Mike Johnson indicated that the $7,500 federal EV tax credit is more likely to be eliminated than retained, a decision that could impact electric vehicle adoption across the U.S. According to a report by…
Lehigh County, Pennsylvania, has become the first known U.S. pension fund to stop buying new Tesla stock, citing concerns over CEO Elon Musk’s political activities and the company’s declining financial performance. According to a Business Insider report, the county’s pension…
Tesla has officially canceled the Cybertruck Range Extender, a decision that has sparked discussions among electric vehicle (EV) enthusiasts. According to a post on X by user Drake (@TheRealDriZzy), Tesla informed customers via email that the company will no longer…
On May 7, 2025, Tesla announced a significant perk for Cybertruck owners, offering a free 1-year trial of Full Self-Driving (FSD) Supervised, as shared by Sawyer Merritt on X. This move highlights Tesla’s push to advance autonomous driving technology in…
Ford has scrapped its ambitious FNV4 electrical architecture, opting for a more versatile domain-based system to enhance software across its electric vehicles (EVs), hybrids, and gas-powered lineup. According to The Verge, this pivot, led by software chief Doug Field, aims…
On May 6, 2025, Rivian’s RJ Scaringe shared an exciting glimpse of the new Maximus drive unit for the upcoming Rivian R2 electric SUV, sparking buzz among EV enthusiasts. Posted on X, Scaringe’s reveal showcases the sleek, high-performance component, signaling…
In a bold move to tackle the soaring costs of electric vehicles, Slate Auto, a Michigan-based startup backed by Jeff Bezos, is set to launch the Slate Truck—a $25,000 electric pickup aimed at making EVs accessible to everyday Americans. CEO…
In a bold move to supercharge its electric vehicle (EV) production, Rivian is investing $120 million to build a supplier park near its Normal, Illinois plant, a project that promises to streamline operations, create jobs, and solidify the state’s role…
On May 6, 2025, Rivian Automotive will unveil its first-quarter financial results, a pivotal moment for electric vehicle (EV) fans and investors eager to see if the company can navigate a stormy market while keeping its adventurous spirit alive. With…
On May 6, 2025, Lucid Group will unveil its first-quarter financials, a critical moment for the luxury electric vehicle (EV) maker as it gears up for the Lucid Gravity SUV launch. With Lucid’s Investor Relations reporting a 58% surge in…
In a stunning move, BMW has announced a pause in U.S. electric vehicle (EV) production starting May 2025, citing uncertainty over new auto tariffs under the Trump administration, Electrek reports. This decision, shared with dealers, freezes output for BMW’s four…
Lucid Motors’ ambitious push into the electric SUV market hit a speed bump in April 2025, with only five Gravity SUVs registered in the US, down sharply from 30 in March, according to Motor Intelligence data reported by EV. While…
Rivian Automotive’s stock soared this week after reports revealed the electric vehicle (EV) maker outsmarted looming U.S. tariffs by stockpiling critical battery materials from Asia. According to Bloomberg, Rivian quietly amassed lithium-iron phosphate (LFP) battery cells from China’s Gotion High-Tech…
The Genesis GV90, Hyundai’s luxury brand’s eagerly awaited full-size electric SUV, faces a production delay, pushing its launch to June 2026, according to The Korea Economic Daily. Initially slated to roll off the line at Hyundai’s Ulsan plant in South…
Rivian, the electric vehicle (EV) innovator, is bracing for turbulence from President Trump’s new auto tariffs by stockpiling critical battery supplies, ensuring its production lines keep humming. According to a Bloomberg report, Rivian began amassing lithium-iron phosphate (LFP) battery cells…
On May 1, 2025, Tesla rolled out a groundbreaking Voice AI Agent designed to transform general vehicle customer support for its electric vehicle (EV) owners, according to a post by Sawyer Merritt on X. This new AI tool, trained on…
U.S. House Republicans have raised their proposed annual fee on electric vehicle (EV) owners to $250, up from $200, to address a shortfall in highway repair funds, as EV drivers bypass gasoline taxes that traditionally fund road maintenance. This proposal,…
Tesla is breaking new ground in the electric vehicle (EV) industry with its latest announcement at Power2Drive in Munich, Germany. The company is launching a Hardware Sales program that lets businesses brand their own Superchargers or set custom pricing, offering…
On April 29, 2025, Tesla Chair Robyn Denholm filed to sell 144,000 shares worth $32 million, as revealed in an SEC Form 144 filing. This move, coming just days after a Tesla board member’s notable stock purchase, has sparked curiosity…
On April 25, 2025, Tesla settled a disturbing racial discrimination lawsuit filed by a Black female employee at its Fremont, California, manufacturing facility, exposing a troubling workplace culture at the electric vehicle giant. The plaintiff, Raina Pierce, accused the company…
On April 24, 2025, Tesla board member Joe Gebbia, co-founder of Airbnb, made headlines by purchasing $1.02 million in Tesla ($TSLA) stock, marking the first insider buy in roughly five years. According to the SEC filing, Gebbia acquired 4,000 shares…
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 stunning reversal, New York lawmakers, led by Democratic State Senator Patricia Fahy, are pushing to revoke Tesla’s unique ability to sell electric vehicles (EVs) directly to consumers, citing CEO Elon Musk’s alliance with President Donald Trump as a…
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