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Hey Tesla fans, ever worry Musk’s side hustles are derailing EVs? The company’s $29B “good faith” grant aims to fix that, per fresh board docs. Tesla awarded CEO Elon Musk 96 million shares valued at approximately $29 billion on Monday, positioning the move as a “good faith” effort to retain him while his 2018 compensation…
A Florida jury has ordered Tesla to pay $243 million in damages following a deadly 2019 crash involving its Autopilot system, marking a significant legal setback that could invite more lawsuits against the electric vehicle maker, reports Reuters. This verdict highlights ongoing concerns about the safety and limitations of Tesla’s driver assistance technology. Details of…
EV owners, rejoice (or worry?): Spain’s Tesla sales jumped 27% in July, but the real story is electrified vehicles skyrocketing 155%. Here’s why it matters to you. In July 2025, Tesla’s new car sales in Spain jumped 27% year-over-year, reaching 702 vehicles, according to registration data from industry group ANFAC. This growth aligns with a…
Ferrari plans to unveil the technological core of its first electric vehicle on October 9, 2025, during the company’s Capital Markets Day, marking a significant step in the luxury automaker’s shift toward electrification. CEO Benedetto Vigna reportedly expressed strong optimism during the Q2 2025 earnings call, emphasizing no setbacks in the project’s timeline. This development…
Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric vehicle giant in a market shifting toward affordable rivals, reports Reuters. Sharp Declines in Major…
Picture this, EV fans: Your next ride could be a driverless Tesla zipping through Brooklyn – and it’s happening faster than you think, with Tesla’s explosive expansion to nine cities! Tesla has expanded its Robotaxi testing to nine cities nationwide, posting jobs for Vehicle Operators to support Autopilot data collection with safety drivers behind the…
Imagine shelling out for a sleek Porsche Taycan, only for tariffs to jack up prices – that’s the harsh reality hitting Mercedes and Porsche as they slash profit forecasts amid US trade blows and China’s cutthroat EV battles. Mercedes-Benz Group AG and Porsche AG have revised their annual profit expectations downward, highlighting the impact of…
Ever dreamed of blasting through trails with drone-like precision and power? DJI’s Amflow PL Carbon, now available in the U.S. shops, delivers just that with its Avinox motor. But at $7,499, does it outshine the $200-cheaper Specialized Levo? The electric mountain bike (e-MTB) scene just got a major jolt as DJI’s Amflow PL Carbon bikes,…
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