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Elon Musk

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Tesla

Tesla Teases Affordable New Model: Rumored June Production Start

Tesla fans and electric vehicle (EV) enthusiasts are buzzing with anticipation as the company prepares to launch production of a new, more affordable model this month. The automaker, known for its innovative battery technology and autonomous driving features, has confirmed plans to begin manufacturing a cost-effective vehicle in June 2025, potentially priced under $30,000 USD…

Tesla

Trump Dumps Tesla After Musk Feud: Drama Unfolds

President Donald Trump is parting ways with his Tesla Model S after a public falling out with Tesla CEO Elon Musk, a move that underscores tensions between the two influential figures and raises questions about the electric vehicle (EV) industry’s future. According to a report by The Daily Beast, Trump’s decision follows a series of…

Tesla

Trump-Musk Feud Escalates Over Tax-Cut Bill, Threatens Tesla and EV Industry Stability

A growing rift between U.S. President Donald Trump and Tesla CEO Elon Musk has sparked concerns for the electric vehicle (EV) industry, as the two clash over a tax-cut bill that could reshape federal spending and EV market dynamics. According to a Reuters report, Trump has publicly distanced himself from Musk, signaling a potential end…

Tesla Confirms Plans for Sub-$30,000 EV, Raising Questions About Strategy and Timeline
Tesla

Tesla Fights to Keep Austin Robotaxi Plans Under Wraps

Tesla is pushing to block the city of Austin, Texas, from releasing public records about its planned robotaxi launch, sparking a debate over transparency as the electric vehicle giant prepares to roll out self-driving taxis this month. According to Reuters, the company is citing concerns over proprietary information, a move that has raised questions about…

Polestar

Tesla Owners Switch to Polestar in Record Numbers as Sales Shift in the UK

A growing number of Tesla drivers in the UK are trading in their electric vehicles (EVs) for Polestar models, with Polestar’s UK managing director reporting conversions at a “fairly high rate.” This shift comes as Tesla faces a steep 36% drop in May sales compared to the same month last year, while Polestar registrations have…

Tesla

Tesla Stock Plummets 16% as Musk-Trump Feud Escalates Over EV Subsidies

Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to Jeffrey Epstein and his call for the president’s impeachment, has rattled investors and raised questions…

Tesla

Tesla’s China-Made EV Sales Drop 15% in May Amid Fierce Price Wars

Tesla’s China-made electric vehicle (EV) sales fell 15% year-over-year in May 2025, marking the eighth consecutive month of decline, according to a recent Reuters report. The drop highlights the intense competition in China, the world’s largest auto market, where price wars and new competitors are challenging the U.S. automaker’s dominance. Ongoing Decline in Tesla’s China…

Tesla

Tesla Faces Steep Decline in China as Local EV Rivals Surge

Tesla’s dominance in China’s electric vehicle (EV) market is crumbling, with shipments from its Shanghai factory dropping 15% in May 2025 compared to the previous year, marking the eighth consecutive month of decline. According to a recent Bloomberg article, this downward trend highlights the growing challenge posed by Chinese EV manufacturers like BYD and Xiaomi,…

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