On May 16th, Tesla sent a filing to the U.S Securities and Exchange Commission updating Tesla corporate bylaws, stating that no shareholder who has ownership under 3% is allowed to sue the company, any directors, or executives for breach of…
In a surprising turn for California’s electric vehicle (EV) market, Tesla sales plummeted 21% in the first quarter of 2025 compared to the same period in 2024, while other EV brands saw a 14% rise, according to the California Energy…
On May 16, 2025, Tesla announced the addition of Chipotle executive Jack Hartung to its board of directors and audit committee, effective June, expanding the board to nine members. This move, reported by Reuters, strengthens Tesla’s financial governance as the…
Chinese electric vehicle (EV) leader BYD announced plans to establish a European center in Hungary, a move that will create 2,000 jobs and strengthen its foothold in the region. Speaking at a Budapest news conference alongside Hungarian Prime Minister Viktor…
In a surprising shift, Tesla has ended its controversial no-buyout lease policy, originally designed to reclaim vehicles for its planned robotaxi fleet, and instead sold the cars to new buyers. This move, reported by Reuters, marks a significant pivot for…
The Ford F-150 Lightning has reclaimed the top spot in the U.S. electric pickup market, surpassing the Tesla Cybertruck in registrations for March and the first quarter of 2025, according to S&P Global Mobility. With 2,598 registrations in March compared…
Stellantis has postponed the launch of its all-electric Ram 1500 pickup to summer 2027, marking the second delay for the battery electric vehicle (BEV) initially unveiled in 2023, according to a memo to suppliers reported by Crain’s Detroit Business. The…
Tesla board chair Robyn Denholm has sparked controversy after selling $180 million in company stock over the past six months, a move drawing sharp criticism as Tesla navigates a turbulent period in the electric vehicle (EV) industry. According to an…
Tesla’s decision to relocate its legal incorporation from Delaware to Texas has set off a ripple effect in the electric vehicle (EV) industry, with several major companies following suit. This trend, dubbed the “Dexit,” stems from a Delaware court ruling…
Tesla’s stock surged 4.1% on Wednesday, closing at $347.60, as investors rallied behind the company’s focus on self-driving technology and new electric vehicle (EV) models. According to a Barron’s report, the excitement stems from Tesla’s upcoming robotaxi service and its…
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…
Jeep has launched its new Compass EV, an electric SUV designed to challenge the Tesla Model Y with lower prices and superior off-road capability. Set to arrive by the end of 2025, this electric vehicle (EV) combines Jeep’s rugged heritage…
Tesla’s Model Y deliveries in Australia hit a record low of 280 units in April 2025, down 76% year-on-year, marking the brand’s weakest month in nearly three years, according to Drive. The updated 2025 Model Y, codenamed Juniper, launched 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…
Matthew LaBrot, a Tesla sales employee, was terminated on April 25, 2025, just one day after launching a website protesting CEO Elon Musk’s leadership, according to a Business Insider report. LaBrot’s dismissal highlights Tesla’s ongoing struggles with employee dissent and…
On May 6, 2025, Tesla launched a more affordable version of its popular Model Y, pricing the long-range rear-wheel drive variant at $44,990, which drops to $37,490 after a $7,500 federal tax credit. This move, reported by Reuters, aims to…
On May 7, 2025, 98-year-old British WWII veteran Ken Turner made headlines by driving a Sherman tank over a blue Tesla Model S, license plate reading “FASCISM,” in a dramatic protest against Elon Musk. The event, captured in a YouTube…
In a striking shift, Tesla’s battery storage division in Australia generated more revenue than its electric vehicle (EV) sales in 2024, highlighting the growing role of energy storage in the company’s portfolio. According to Tesla Motors Australia’s annual report filed…
Tesla’s push to trademark “Robotaxi” and “Cybercab” for its autonomous electric vehicles (EVs) hit a roadblock as the U.S. Patent and Trademark Office (USPTO) rejected the “Robotaxi” vehicle trademark for being too generic, according to a TechCrunch report. The decision,…
Tesla’s electric vehicle (EV) sales in China took a hit in April, falling 6% year-over-year, as the U.S. automaker faces fierce competition from Chinese rivals and struggles with a tarnished image in Europe, according to a recent Reuters report. This…
Tesla’s Full Self-Driving (FSD) system is under scrutiny as drivers express frustration with its overly cautious safety measures, highlighting a tension between innovation and user experience in the electric vehicle (EV) industry. A recent post on X by user Mike…
Chechen leader Ramzan Kadyrov accused Elon Musk, CEO of Tesla Inc., of remotely disabling a Tesla Cybertruck that Kadyrov claims was a gift from Musk. The Cybertruck, which Kadyrov alleges was modified with a machine gun, has stirred controversy, raising…
Ferrari is gearing up to launch its first-ever fully electric vehicle (EV) in October 2026, marking a historic shift for the luxury sports car maker known for its roaring petrol engines. CEO Benedetto Vigna confirmed the timeline during a post-earnings…
In a surprising turn for the electric vehicle (EV) industry, Tesla’s new car sales in the UK and Germany dropped to their lowest levels in over two years in April 2025, despite a broader surge in EV demand across Europe.…
In a striking blow to Tesla’s European market share, the electric vehicle (EV) giant saw its German sales drop by nearly half in April 2025, despite an overall surge in battery electric vehicle registrations. Data from Germany’s road traffic agency,…
Tesla’s new car sales in the UK dropped by a staggering 62% in April 2025, hitting their lowest point in over two years, according to data released by research group New AutoMotive. This decline comes as the electric vehicle (EV)…
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…
Tesla is intensifying its long-standing vision-only approach to autonomous driving in China, reportedly announcing plans to roll out its camera-based Full Self-Driving (FSD) system for mainland-assembled vehicles—pending Beijing’s approval. In a Weibo post on May 4, 2025, the U.S. electric…
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