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Tesla has dropped the down payment requirement on Model 3 Premium RWD leases to just $1,500 while maintaining the $299 monthly payment, marking the automaker’s most aggressive pricing move since the federal EV tax credit expired two months ago. The deal represents a 63% reduction in upfront costs compared to the $3,993 down payment Tesla…
Tesla is aggressively expanding its direct rental program beyond California, launching a $60/day service in five major U.S. cities to combat post-subsidy sales slumps. Tesla isn’t just selling cars anymore—it’s renting them directly to you for less than the cost of a standard rental car. Following a quiet pilot in California, the automaker is rapidly…
Lucid Motors just dropped the price of its critical SUV to under $80,000, but for buyers hoping for a federal subsidy, the timing couldn’t be worse. Lucid Group (NASDAQ: LCID) officially launched the Lucid Gravity Touring on Thursday with a starting price of $79,900, a strategic move to broaden the luxury SUV’s appeal as demand…
A California judge has reversed a 2024 ruling that allowed more than 6,000 Black workers at Tesla’s Fremont factory to pursue racial harassment claims as a class action, delivering a significant legal victory to the electric vehicle maker amid mounting workplace discrimination allegations. California Superior Court Judge Peter Borkon ruled late Friday that the 2017…
Tesla is internally testing Apple CarPlay integration after years of CEO Elon Musk dismissing the feature as unnecessary, Bloomberg reported today. The stunning reversal comes as the electric vehicle maker faces collapsing sales across global markets and increased pressure following the September 30, 2025 expiration of federal EV tax credits. The move represents a dramatic…
Tesla lost two of its most critical vehicle program managers on the same day, with Model Y chief Emmanuel Lamacchia and Cybertruck lead Siddhant Awasthi both announcing their departures Sunday. The double exit marks the final collapse of Tesla’s vehicle program leadership structure—a team that once successfully launched the world’s best-selling car and the company’s…
Tesla shareholders voted Thursday to approve CEO Elon Musk’s unprecedented $1 trillion compensation package, potentially making him the world’s first trillionaire—despite collapsing European sales, mounting brand damage from political controversies, and serious questions about whether the world’s largest executive pay package will solve any of Tesla’s actual business problems. The vote passed with
Tesla’s October 2025 sales collapsed across Europe, with registrations plummeting by double-digit margins in nearly every major market—just as shareholders vote today on CEO Elon Musk’s nearly $1 trillion compensation package. The timing couldn’t be worse for the embattled EV maker, as the catastrophic sales figures underscore growing questions about whether Musk deserves the largest…
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