Slate Auto, a Troy, Michigan-based electric vehicle (EV) startup, has secured 100,000 reservations for its sub-$30,000 electric mini-pickup, backed by $700 million in funding from investors like Jeff Bezos, reports Automotive News. Targeting a late-2026 production start, the company’s innovative…
Tesla’s Chief Financial Officer, Vaibhav Taneja, received a staggering $139.5 million compensation package in 2024, making it the highest CFO pay on record since 2006, according to a recent report by The Wall Street Journal. This milestone comes as Tesla…
A recent Axios Harris Poll 100 survey reveals a steep decline in Tesla’s reputation, dropping the electric vehicle (EV) giant to 95th place among America’s 100 most visible companies in 2025. Once a darling of the EV industry, Tesla’s fall…
Tesla is gearing up to introduce a limited robotaxi service in Austin, Texas, next month, marking a significant step in the electric vehicle (EV) giant’s push toward autonomous driving. According to a recent Morgan Stanley-Tesla meeting reported by IBD, the…
General Motors (GM) is leading a charge to reverse California’s ambitious electric vehicle (EV) mandate, citing market challenges and misalignment with consumer demand. As the state prepares for a Senate vote as early as this week to revoke its emissions…
Japan is exploring subsidies for Tesla’s electric vehicle (EV) charging stations as part of ongoing trade negotiations with the U.S., reports Reuters. This move aims to bolster EV infrastructure while addressing U.S. concerns over Japan’s current subsidy framework, potentially impacting…
Volkswagen’s shareholders intensified their push for corporate governance reform at the company’s virtual annual general meeting on May 16, 2025, citing conflicts of interest and a lack of board expertise as barriers to the automaker’s success in the electric vehicle…
Tesla’s trade-in program for the 2024 Cybertruck All-Wheel Drive has ignited discussions among electric vehicle (EV) enthusiasts, with a recent estimate of $65,400 for a vehicle with just 6,211 miles prompting varied reactions. A thread on the Cybertruck Owners Club…
Tesla, once a leader in the electric vehicle (EV) industry, is grappling with a severe challenge as over 10,000 Cybertrucks sit unsold across the U.S., costing the company an estimated $800 million. According to a recent Forbes report, this inventory…
In a surprising turn for California’s electric vehicle (EV) market, Tesla sales plummeted 21% in the first quarter of 2025 compared to the same period in 2024, while other EV brands saw a 14% rise, according to the California Energy…
A new report from the International Energy Agency (IEA) highlights a seismic shift in the electric vehicle (EV) landscape: Chinese EVs are closing the price gap with traditional gasoline cars, offering a compelling option for buyers. Published on May 16,…
Tesla is urging Cybertruck reservation holders to act fast, as the price for its Full Self-Driving (FSD) Supervised feature is set to increase after June 15, 2025. In a recent email to early reservation holders, Tesla announced that those who…
Jeep has rolled out an enticing lease offer for the 2025 Grand Cherokee 4xe, blending luxury, off-road capability, and electric efficiency into an affordable package for EV enthusiasts. This plug-in hybrid SUV promises a low monthly payment of $399 for…
Audi has officially confirmed the discontinuation of its Q8 e-tron SUV following the closure of its Brussels factory in February 2025, marking the end of a seven-year run for the electric vehicle (EV) that kickstarted the brand’s modern electric era.…
Electric vehicle (EV) owners may soon turn their cars into income sources while they rest, thanks to a new initiative by ChargeScape. This joint venture, backed by BMW, Ford, Honda, and Nissan, is revolutionizing how EVs interact with the power…
In 2024, the global electric car fleet soared to nearly 58 million vehicles, tripling from 2021 and comprising 4% of the world’s passenger cars, displacing over 1 million barrels of oil daily, according to the International Energy Agency (IEA). China’s…
BMW’s measured approach to electric vehicles (EVs) is proving successful as competitors dial back aggressive EV targets, the company’s CEO announced. Oliver Zipse, speaking to shareholders on Wednesday, credited BMW’s multi-drivetrain strategy—blending EVs, hybrids, and combustion engines—for its edge in…
Tesla has introduced a new initiative offering a $1,000 discount on any new electric vehicle (EV) for verified students, teachers, first responders, military veterans, retirees, active-duty members, their spouses, and surviving spouses. This program, dubbed “Made in America for Everyday…
On May 16, 2025, Tesla announced the addition of Chipotle executive Jack Hartung to its board of directors and audit committee, effective June, expanding the board to nine members. This move, reported by Reuters, strengthens Tesla’s financial governance as the…
Chinese electric vehicle (EV) leader BYD announced plans to establish a European center in Hungary, a move that will create 2,000 jobs and strengthen its foothold in the region. Speaking at a Budapest news conference alongside Hungarian Prime Minister Viktor…
In a surprising shift, Tesla has ended its controversial no-buyout lease policy, originally designed to reclaim vehicles for its planned robotaxi fleet, and instead sold the cars to new buyers. This move, reported by Reuters, marks a significant pivot for…
On May 11, 2025, a Tesla Cybertruck demonstrated its innovative PowerShare feature by rescuing a Tesla Model Y with a low battery during a Mother’s Day outing, highlighting the growing utility of vehicle-to-vehicle (V2V) charging in the electric vehicle (EV)…
On May 14, 2025, Chinese electric vehicle (EV) manufacturer Xpeng revealed the next-generation P7, a sleek coupe sedan internally codenamed E29, marking a significant update to its iconic sports sedan lineup. This facelift, the first major refresh since the P7’s…
Nissan Motor Co., once a pioneer in electric vehicles with the Leaf, reported a staggering $4.5 billion net loss for fiscal 2024, its worst financial performance in 25 years, prompting a drastic restructuring plan. Bloomberg reported that the Japanese automaker…
A recent drone flyover at Tesla’s Giga Texas facility has sparked intrigue among electric vehicle (EV) enthusiasts, capturing footage of two mysterious covered Tesla vehicles undergoing road tests. Shared on social media by longtime Giga Texas observer Joe Tegtmeyer, the…
Toyota has introduced the bZ Woodland, a new outdoor-focused electric SUV set to join its bZ lineup in the U.S. by early 2026. Designed for adventure seekers, this larger sibling to the bZ EV combines rugged capability with electric efficiency,…
J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March…
Mazda has announced plans to adopt Tesla’s North American Charging Standard (NACS) Supercharger system in both the United States and its home market of Japan. This move positions Mazda among the first Japanese automakers to embrace NACS in Japan, following…
The Ford F-150 Lightning has reclaimed the top spot in the U.S. electric pickup market, surpassing the Tesla Cybertruck in registrations for March and the first quarter of 2025, according to S&P Global Mobility. With 2,598 registrations in March compared…
In March 2025, U.S. electric vehicle (EV) registrations soared by 20%, reaching 115,758 units, driven by consumer anticipation of price hikes from looming tariffs on imported autos and parts, according to S&P Global Mobility. This growth outpaced the overall light-vehicle…
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