Nissan Motor Co. projects a staggering net loss of 700 billion to 750 billion yen ($4.91 billion to $5.26 billion) for the financial year ending March 2025, driven by massive impairment charges and aggressive restructuring, Reuters reported. This marks the…
Volkswagen AG has forged a strategic partnership with Uber Technologies Inc. to deploy thousands of fully autonomous, all-electric ID. Buzz AD vans across U.S. markets, starting with a commercial launch in Los Angeles in 2026, according to Reuters. This collaboration…
President Donald Trump’s administration has announced exemptions for U.S. automakers from certain tariffs, a significant concession following intense lobbying by industry leaders concerned about rising electric vehicle (EV) costs and supply chain disruptions, according to the Financial Times. This decision,…
Tesla’s stock climbed more than 5% today, after CEO Elon Musk announced he would scale back his advisory role with U.S. President Donald Trump to refocus on the electric vehicle (EV) giant. However, a 71% drop in Q1 net income…
China’s abrupt suspension of heavy rare earth magnet exports, announced earlier this month, has disrupted Tesla’s plans to manufacture its Optimus humanoid robots, according to Elon Musk’s statements during Tesla’s recent earnings call. The ban, a retaliatory measure against U.S.…
Tesla’s Q1 2025 earnings call, held on April 22, 2025, revealed a mix of ambitious milestones and cautious optimism as the electric vehicle (EV) giant navigates economic uncertainty, trade policy shifts, and global market challenges. With a record $37 billion…
Tesla reported disappointing first-quarter earnings on April 22, 2025, with earnings per share (EPS) and revenue falling short of analyst expectations, intensifying scrutiny on CEO Elon Musk’s upcoming conference call. Investors.com reported that shares dipped slightly in after-hours trading as…
On April 17, 2025, treasurers from eight US states issued a stern open letter to Tesla Inc.’s board chair, Robyn Denholm, expressing deep concerns over the company’s recent performance and CEO Elon Musk’s divided attention. Published via Americans for Responsible…
Tesla’s anticipated first-quarter 2025 earnings, set for release on April 22, signal a slight decline in net profit to below $1.1 billion, down from the same period in 2024, intensifying scrutiny on CEO Elon Musk’s divided attention between the automaker…
Tesla rolled out a new feature enabling customers in Los Angeles and Dallas to initiate home charger installation directly through the online car order configurator, as reported by EV journalist Sawyer Merritt on X. “NEWS: Starting today, Tesla customers in…
Automotive reporter Sawyer Merritt announced on X that Tesla vehicles with Hardware 3 (HW3) and older Intel Atom chips will not receive key features in Tesla’s Spring Update (2025.14.1). This news impacts EVXL’s audience of Tesla owners and enthusiasts, spotlighting…
Today, Sawyer Merritt shared images on X revealing Tesla’s Giga Texas facility preparing for Cybercab production, with casting racks labeled “CTTX” (Cybertruck Texas) and “RTTX” (Robotaxi Texas). Joe Tegtmeyer also posted photos showing new castings distinct from Model Y and…
In a landmark case, General Motors (GM) is embroiled in a multi-district lawsuit accusing the automaker of violating customer privacy by collecting and selling driving data without proper consent, as reported by Law360. The Detroit-based company reportedly argues that driving…
Tesla has launched an immersive two-day demo drive program, allowing prospective buyers to experience its electric vehicles (EVs) firsthand, according to promotional material shared by Sawyer Merritt. The initiative, sent by email to prospective customers, highlights Tesla’s advanced features, including…
On April 20, 2025, a Wall Street Journal editorial revealed Washington state’s proposed tax on Tesla’s carbon emission credits, a policy that has sparked intense debate among electric vehicle (EV) enthusiasts and policymakers. Introduced by Olympia Democrats, the legislation aims…
On April 21, 2025, Saudi Aramco, the world’s largest oil company, announced a groundbreaking joint development agreement with Chinese electric vehicle (EV) manufacturer BYD to explore new energy vehicle technologies. The deal, signed through Aramco’s subsidiary Saudi Aramco Technologies Company…
As Tesla (TSLA) approaches its first-quarter earnings on April 22, 2025, the electric vehicle (EV) giant faces mounting pressure from analysts, investors, and a volatile market. A 15% price target cut by Barclays and warnings from Wedbush Securities’ Dan Ives…
On April 20, 2025, Tesla Europe’s booth at the Elmia Car Show in Sweden drew massive crowds, achieving a new Swedish record with more than 800 test rides in a single day. According to Tom Sjötun, a verified user on…
On April 20, 2025, Sawyer Merritt, a prominent Tesla commentator with 870K followers on X, shared a detailed list of investor questions slated for Tesla’s Q1 2025 earnings call, scheduled for Tuesday. The post, which garnered significant attention, reflects the…
On April 19, 2025, Carwow issued a correction to its latest electric vehicle (EV) comparison video, admitting an editorial error in its initial verdict. The updated review now confirms the Tesla Model Y as the winner over the BYD Sealion,…
Tesla has delayed the U.S. production launch of a more affordable version of its best-selling Model Y electric SUV, sources familiar with the matter have revealed. The rollout of this lower-cost vehicle, internally codenamed E41, was initially set for the…
A proposed class-action lawsuit filed in California accuses Tesla of deliberately inflating odometer readings in its electric vehicles (EVs) to prematurely expire warranties and avoid repair costs, raising serious questions about the automaker’s software-driven mileage tracking system. The case, led…
On April 17, 2025, Reuters reported a significant shift in Hyundai Motor’s electric vehicle (EV) strategy, citing South Korea’s Yonhap news agency. Hyundai Motor (005380.KS) plans to temporarily suspend production of some EVs at its Ulsan complex due to sluggish…
Tesla is advancing electric vehicle (EV) charging infrastructure with the ongoing construction of the world’s largest Supercharger station in Lost Hills, California. This monumental project, which broke ground in late October 2024, promises a groundbreaking combination of scale, sustainability, and…
Kia has officially introduced the 2026 Kia EV4 sedan to the U.S. market at the New York Auto Show, marking the automaker’s first all-electric global sedan for American buyers. Revealed at the New York Auto Show on April 16, 2025,…
On April 16, 2025, Reuters reported a significant hurdle for Tesla’s ambitious U.S. production plans, as President Donald Trump’s escalated tariffs on Chinese goods disrupt the supply chain for the Cybercab and Semi electric vehicles. The tariffs, now at a…
Tesla enthusiast Sawyer Merritt released a detailed video walkthrough of the 2026 Tesla Model Y Juniper refresh, unveiling a sweeping set of upgrades that redefine the world’s best-selling electric SUV. Far from a minor facelift, the Juniper introduces over 90…
On April 15, 2025, Tesla stock experienced a significant technical event as its shares fell 1.5% to $248.54, forming a “death cross,” according to a detailed report by Barron’s. This bearish indicator, where the 50-day moving average dips below the…
In a bold move to streamline customer service, Tesla has launched a Voice AI agent for its Tesla Insurance customers, enabling policy changes without human intervention. Powered by Grok, an AI developed by xAI, this in-house solution promises 24/7 accessibility…
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…
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