As electric vehicle sales falter, major battery manufacturers are shifting focus to a booming market in large-scale energy storage systems, offering a potential buffer against losses in the automotive sector. This strategic pivot helps utilize underused factories and taps into…
Tesla has appointed Raj Jegannathan, a senior information technology executive, to oversee its North American sales team as the electric vehicle company confronts declining demand in key markets, according to Investing.com. This move follows the recent departure of longtime sales…
Tesla’s vice president of sales, service, and delivery in North America, Troy Jones, has left the company after 15 years, according to a Wall Street Journal report cited by Reuters. This development adds to a series of high-level exits at…
A federal jury trial begins today in Miami, examining whether Tesla’s Autopilot system contributed to a deadly 2019 crash near Key Largo, Florida, that killed a 22-year-old woman and injured her companion. The lawsuit, filed by survivor Dillon Angulo and…
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…
A whistleblower’s release of over 23,000 internal Tesla documents has exposed significant lapses in data security, workplace safety, and autopilot performance, raising questions about the electric vehicle pioneer’s operations under Elon Musk’s leadership. This revelation stems from an investigation by…
Tesla has started deploying its latest over-the-air software update, version 2025.26, which introduces Grok, an AI assistant developed by xAI, directly into compatible vehicles for U.S. owners. This move marks a significant step in blending advanced AI with electric vehicle…
Tesla announced its annual shareholder meeting for November 6, responding to mounting investor concerns over governance and strategic shifts, including the integration of xAI’s Grok chatbot into its vehicles. This development comes as the electric vehicle maker navigates sales challenges…
Tesla has not submitted applications for the necessary permits to operate driverless taxis in California, according to state regulators, even as CEO Elon Musk projects an expansion to the San Francisco Bay Area in the coming months, reports Reuters. This…
Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the…
Tesla’s dominance in electric vehicle (EV) production is poised to yield significant profits from Canada’s new zero-emission vehicle (ZEV) mandates, fueling tensions with traditional automakers. According to a recent analysis, Tesla earned $2.8 billion globally in 2024 from selling compliance…
In June 2025, Tesla’s UK sales climbed 3.7% to 7,700 vehicles, a modest recovery after a sluggish first half, according to data from the Society of Motor Manufacturers and Traders (SMMT). This uptick follows a 1.3% year-to-date decline, with 22,700…
Stellantis is set to launch a new hybrid Fiat 500 in November 2025, priced at $20,000 (17,000 euros), aiming to revitalize its struggling Italian manufacturing, according to Fiat’s CEO Olivier Francois. The move comes as the automaker grapples with a…
On July 3, 2025, Congress passed legislation that will terminate the $7,500 federal tax credit for new electric vehicle (EV) purchases or leases and the $4,000 credit for used EVs, effective September 30. This decision, reported by Reuters, marks a…
On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax…
In June 2025, Tesla’s sales in Germany dropped by a staggering 60%, with only 1,860 vehicles sold compared to the previous year, according to the German road traffic agency KBA. Despite a robust 8.6% rise in overall battery electric vehicle…
On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the…
Tesla’s second-quarter 2025 deliveries declined by 14% compared to last year, but the numbers proved less severe than anticipated, boosting the company’s stock price. According to a post on X by Sawyer Merritt on July 2, 2025, Tesla delivered 384,122…
In June 2025, Tesla’s revamped Model Y sparked a significant sales boost in Norway and Spain, signaling strong demand for the updated electric SUV despite broader market struggles. According to Reuters, Tesla’s registrations in these countries surged, driven by the…
The U.S. Senate’s decision to eliminate a $7,500 tax credit for new electric vehicle (EV) purchases and leases, along with a $4,000 credit for used EVs, effective September 30, 2025, has sparked urgent calls from advocacy groups for the House…
General Motors has unveiled a game-changing lithium manganese-rich (LMR) battery that promises to make electric vehicles (EVs) more affordable without compromising range, potentially shifting the competitive landscape away from China’s lithium iron phosphate (LFP) dominance. According to IEEE Spectrum, GM’s…
Stellantis, the Franco-Italian automaker, may shutter factories to avoid crippling European Union fines for failing to meet stringent CO2 emission targets, according to its Europe chief. This development, reported by Reuters, signals a pivotal moment for electric vehicle (EV) adoption…
The U.S. Senate narrowly passed the “Big Beautiful Bill” on July 1, 2025, a sweeping legislative package championed by former President Donald Trump, sending it to the House for final approval. This 940-page bill, which includes a $5 trillion federal…
On July 1, 2025, U.S. President Donald Trump escalated tensions with Tesla CEO Elon Musk, threatening to review federal subsidies for Musk’s companies, including Tesla’s electric vehicle (EV) incentives, via the Department of Government Efficiency (DOGE). This follows Musk’s sharp…
A Barron’s opinion piece by analyst Ben Z. Rose argues that Tesla’s Cybertruck, despite early setbacks, has become the top-selling electric vehicle (EV) pickup truck in the U.S., with an estimated 39,000 units sold in 2024, according to Cox Automotive.…
Tesla is projected to miss second-quarter delivery expectations, with Deutsche Bank forecasting 355,000 vehicles delivered against a consensus of over 380,000, according to Investing.com. Despite this, the bank maintains its Buy rating and $345.00 price target, citing Tesla’s long-term potential…
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…
Tesla is poised to report a 10% year-over-year drop in second-quarter vehicle deliveries, with analysts projecting around 400,000 units by June 2025, down from 440,000 last year, according to Visible Alpha estimates. The electric vehicle (EV) leader faces headwinds from…
Serbia has secured a promise from China to expedite exports of critical minerals essential for electric vehicle (EV) production, directly benefiting Stellantis’ factory in Kragujevac, according to Serbian President Aleksandar Vucic. This development, announced on June 29, 2025, addresses supply…
Ford CEO Jim Farley has publicly backed Waymo’s LiDAR-based self-driving technology, diverging from Tesla’s camera-only approach, signaling a strategic shift for Ford’s autonomous vehicle development. Speaking at the Aspen Ideas Festival on June 27, 2025, Farley emphasized the critical role…
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