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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…
Tesla CEO Elon Musk has sparked widespread curiosity among electric vehicle enthusiasts and tech followers by hinting at a major demonstration set for later this year. This announcement comes directly from the company’s design studio, promising an unprecedented showcase. “Just left the @Tesla design studio. Most epic demo ever by end of year. Ever,” Musk…
On June 29, 2010, Tesla debuted on the Nasdaq with its electric Roadster, a two-seat sportscar offering a 236-mile range, marking the start of a transformative journey. Fifteen years later, Tesla’s stock has surged nearly 300-fold, turning a $10,000 investment into nearly $3 million, while the company’s market cap now exceeds $1 trillion, making it…
Lotus, the iconic British automaker, is poised to halt production at its historic Hethel, Norfolk factory after 59 years, with plans to shift manufacturing to the United States, according to a report by Autocar. This strategic pivot, driven by U.S. tariffs and a challenging electric vehicle (EV) market, could reshape Lotus’s future as it leans…
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 call, as reported by Reuters, offering a glimpse into Ferrari’s electrified future while maintaining its…
On April 15, 2025, RBW EV Cars, a British manufacturer of handcrafted electric vehicles (EVs), began construction on an $8 million production facility in Danville, Virginia, marking a pivotal step in its North American expansion. Reportedly the 29,000-square-foot hub will produce left-hand-drive versions of RBW’s Roadster and GT models, targeting a niche US market of…
In November 2017, Elon Musk announced the second-generation Tesla Roadster, promising it would be the fastest production car in the world, and began taking deposits from eager buyers. Over $250 million in reservations poured in for the Roadster, but nearly eight years later, as of April 2025, Tesla has yet to deliver a single unit,…
Ola Electric, a prominent Indian electric vehicle manufacturer, has made waves in the EV industry by introducing a new series of electric motorcycles. This strategic move comes just days after the company’s initial public offering (IPO), as reported by Reuters. Tapping into an Untapped Segment In a bold step to diversify its product lineup, Ola…
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