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The numbers Stellantis published Wednesday, February 26, confirm what the February 6 preliminary announcement already signaled: Stellantis booked a €20.1 billion net loss for the second half of 2025, or roughly $23.8 billion, driven by €25.4 billion in total writedowns across the full year. The second-half adjusted operating loss came in at €1.38 billion, in line with…
The phrase keeps showing up. Musk has described a future of “sustainable abundance” driven by AI and robotics in multiple public appearances over the past year, including at Tesla’s November 2025 shareholder meeting. It’s a large claim from the CEO of a company that just posted a roughly 60% profit drop in Q4 2025 while…
When Tesla reincorporated from Delaware to Texas in June 2024, Musk told shareholders it was about escaping hostile courts. What he didn’t mention: Texas was already the home base for a personal empire of shell companies that blur the lines between his public and private interests in ways that should worry every Tesla investor. Texas…
The man who tweeted “Will own no house” in 2020 has quietly assembled more than 90 companies in Texas, used them to buy over 1,000 acres of land, two luxury hotel condos, and multiple houses for the mothers of his children. A New York Times investigation published today reveals just how far the gap has…
Nankai University researchers published a 700 Wh/kg lithium metal battery in Nature on February 25 — nearly three times the energy density of CATL's Qilin. The same team already has a 500 Wh/kg battery installed in a FAW Hongqi vehicle targeting mass production by end of 2026.
The dispute that has been consuming Giga Berlin for weeks just hit pause. Tesla and German union IG Metall reached a truce on Thursday in a Frankfurt (Oder) labor court, agreeing to drop the public back-and-forth over the February 10 recording incident until after next week’s works council election. The agreement, reported by Reuters, came…
A Reuters investigation published today — based on previously unreported California DMV records and a state spokesperson — reveals that Tesla logged zero miles of autonomous test driving on California public roads in 2025. That makes it six years in a row. Meanwhile, Elon Musk has spent more than a year telling investors and analysts…
One day after reporting Q4 earnings that beat revenue estimates, Lucid Group filed a WARN notice with California’s Employment Development Department disclosing 319 job eliminations at its Newark headquarters, effective April 21, according to the Mercury News. That’s the third consecutive year Lucid has filed layoff notices at the same address: 123 workers cut in…
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