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Tesla

Tesla Teases Affordable New Model: Rumored June Production Start

Tesla fans and electric vehicle (EV) enthusiasts are buzzing with anticipation as the company prepares to launch production of a new, more affordable model this month. The automaker, known for its innovative battery technology and autonomous driving features, has confirmed plans to begin manufacturing a cost-effective vehicle in June 2025, potentially priced under $30,000 USD…

Elon Musk

Tesla’s $380 Billion Wipeout Signals Major Shift for EV Industry in 2025

Tesla’s market value plummeted by $380 billion USD in 2025, marking the largest loss among top global companies and raising concerns for electric vehicle (EV) enthusiasts and industry professionals. This dramatic drop, driven by declining EV demand and Chief Executive Elon Musk’s public feud with President Donald Trump, has reshaped Tesla’s standing, according to a…

Polestar

Tesla Owners Switch to Polestar in Record Numbers as Sales Shift in the UK

A growing number of Tesla drivers in the UK are trading in their electric vehicles (EVs) for Polestar models, with Polestar’s UK managing director reporting conversions at a “fairly high rate.” This shift comes as Tesla faces a steep 36% drop in May sales compared to the same month last year, while Polestar registrations have…

Tesla

Tesla Stock Plummets 16% as Musk-Trump Feud Escalates Over EV Subsidies

Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to Jeffrey Epstein and his call for the president’s impeachment, has rattled investors and raised questions…

Tesla

Tesla’s China-Made EV Sales Drop 15% in May Amid Fierce Price Wars

Tesla’s China-made electric vehicle (EV) sales fell 15% year-over-year in May 2025, marking the eighth consecutive month of decline, according to a recent Reuters report. The drop highlights the intense competition in China, the world’s largest auto market, where price wars and new competitors are challenging the U.S. automaker’s dominance. Ongoing Decline in Tesla’s China…

Tesla

UK Electric Vehicle Sales Climb in May 2025 Despite Tesla’s Sharp Decline

In May 2025, UK new car registrations rose by 1.6% to 150,000 units, with all-electric vehicles (EVs) making up 32,000 of those sales—a 25% jump from the same month last year. However, Tesla, a former EV market leader, saw its sales plummet by 36% to 2,000 vehicles, amid challenges with its next-generation Model Y, according…

Tesla

Could Tesla’s EV Expertise Spark a Drone Revolution? Morgan Stanley Thinks So

Morgan Stanley has reportedly proposed that Tesla, a leader in electric vehicles, could extend its technological prowess into drone manufacturing, potentially reshaping both industries. While Tesla has not confirmed any plans to enter the drone sector, the investment bank believes the company’s innovations in battery and autonomy could position it as a key player in…

Tesla

ARK Invest Sells Tesla Shares Ahead of Robotaxi Launch in June 2025

ARK Investment Management, led by renowned investor Cathie Wood, has sold off a significant portion of its Tesla stock just weeks before the electric vehicle (EV) giant launches its much-anticipated robotaxi service in Austin, Texas. This move, detailed in a recent Barron’s report, comes as Tesla prepares to roll out on-demand rides using its self-driving…

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