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Tesla

Tesla Investor Ron Baron Predicts 10x Stock Growth, Urges Musk to Focus on Innovation

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 shared his optimism about Tesla’s future while offering pointed advice for CEO Elon Musk, emphasizing…

Honda

Honda Delays $11B Canadian EV Hub Amid U.S. Tariffs and Slowing Demand

Honda has postponed its ambitious $11 billion (C$15 billion) electric vehicle (EV) production hub in Ontario, Canada, for at least two years, citing U.S. tariffs and a slower-than-expected EV market. The decision, announced by CEO Toshihiro Mibe on May 13, 2025, reflects the automaker’s cautious approach to navigating economic and regulatory challenges, according to Automotive…

Nissan

Nissan’s Bold Electric Vehicle Pivot Amid Global Restructuring and Tariffs

Nissan Motor Co. is intensifying its turnaround with a drastic restructuring plan, slashing 10,000 additional jobs and closing seven assembly plants worldwide to bolster its electric vehicle (EV) strategy, as announced by CEO Ivan Espinosa on May 13, 2025. This move, part of the new Re:Nissan revival plan, aims to streamline operations and prioritize U.S.-based…

Ford

Ford Cuts 350 Connected-Vehicle Software Jobs to Streamline EV Software Development

Ford Motor Co. announced on May 13, 2025, that it is eliminating approximately 350 connected-vehicle software jobs in the U.S. and Canada, representing about 5% of its connected-vehicle software team. This move, aimed at boosting efficiency, comes as Ford refines its electric vehicle (EV) and software-defined vehicle strategy to stay competitive in a rapidly evolving…

Jaguar Land Rover

Jaguar Land Rover Posts Decade-High Profits, Gears Up for Electric Vehicle Push

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. The Indian-owned automaker, part of Tata Motors, is accelerating its electric vehicle (EV) strategy, preparing…

GM

GM Unveils Breakthrough LMR Battery Tech for 400-Mile Range EVs

General Motors (GM) has announced a significant advancement in electric vehicle (EV) battery technology, partnering with LG to develop lithium manganese-rich (LMR) batteries that promise a 400-mile range. This new chemistry, set to power GM’s upcoming electric trucks and SUVs by 2028, aims to make EVs more affordable and efficient while addressing ethical concerns tied…

Polestar

Polestar Appoints Rick Bryant as New North America Leader to Drive EV Growth

Polestar, the Swedish electric vehicle (EV) manufacturer, has named Rick Bryant as its new Head of North America, effective May 12, 2025, as the company aims to capitalize on its recent sales surge. Bryant’s appointment, announced in a company statement, follows a 76% year-over-year increase in global sales, with over 12,300 vehicles sold in Q1…

Tesla

Bollinger Motors Faces Receivership as $148M Electric Truck Startup Struggles

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 News, a Michigan judge granted founder Robert Bollinger’s request to freeze the company’s assets after…

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