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A former General Motors executive who spent 12 years engineering America’s best-selling trucks just delivered a damning verdict on Tesla’s flagship SUV. Terry Woychowski, President of Caresoft Global and former GM Vice President, told Bloomberg that Xiaomi’s YU7 electric SUV has “bested” Tesla’s Model Y “in almost every way.” The assessment comes from one of…
New York State officials are frustrated with Tesla after two years of lease renegotiations for the taxpayer-funded Buffalo factory hit another wall when Elon Musk abruptly killed the AI supercomputer project that was central to the pending deal. The state built the sprawling facility for nearly $1 billion and rents it to Tesla for just…
Germany’s electric vehicle boom is built on a foundation of corporate accounting tricks, not genuine consumer demand. A German industry association warned Monday that nearly one in four newly registered EVs in 2025 were “self-registered” by manufacturers and dealers rather than sold to actual customers. The revelation exposes a troubling gap between official registration statistics…
Tesla has dropped the down payment requirement on Model 3 Premium RWD leases to just $1,500 while maintaining the $299 monthly payment, marking the automaker’s most aggressive pricing move since the federal EV tax credit expired two months ago. The deal represents a 63% reduction in upfront costs compared to the $3,993 down payment Tesla…
Britain’s government unveiled a £1.3 billion ($1.7 billion) extension of electric vehicle purchase subsidies on Friday, just hours before confirming plans to impose a per-mile tax on EV drivers starting in 2028—a policy contradiction that exposes the fundamental revenue crisis governments face as electrification eliminates fuel duty income. Chancellor Rachel Reeves will announce the subsidy…
A new wrongful death lawsuit filed against Tesla Inc. highlights the ongoing safety crisis surrounding the company’s electronic door handle design, alleging that a couple became trapped in their burning Model 3 after a January 2023 crash in Washington state left one dead and the other seriously injured. The lawsuit, filed Friday in U.S. District…
Lucid Motors just dropped the price of its critical SUV to under $80,000, but for buyers hoping for a federal subsidy, the timing couldn’t be worse. Lucid Group (NASDAQ: LCID) officially launched the Lucid Gravity Touring on Thursday with a starting price of $79,900, a strategic move to broaden the luxury SUV’s appeal as demand…
Ford’s UK managing director is pushing back against proposed electric vehicle taxation just weeks after the U.S. federal tax credit expiration triggered the exact market collapse she’s warning about—exposing how legacy automakers built EV strategies dependent on perpetual government subsidies rather than genuine competitiveness. Lisa Brankin, Ford UK’s chair and managing director, told the BBC’s…
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