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EV Makers Launch Own Discounts Amid Delays in UK Government Incentive Scheme

Carmakers in the UK have initiated substantial price cuts on electric vehicles to leverage a surge in consumer interest, even as confusion persists over a newly announced government grant program that has yet to fully launch. This move highlights growing frustration among manufacturers with bureaucratic hurdles, prompting them to offer discounts matching or approaching the…

Porsche Rejects Artificial Gear Changes for EVs, Citing Superior Electric Performance
Taycan

Shocking Wake-Up Call: Porsche Ditches 80% EV Goal as Taycan Tanks in 2025

Hey Porsche lovers, ever feel the EV hype is slowing? Blume’s memo confirms it: “Our model no longer works,” sparking drama in the high-end electric world. Porsche CEO Oliver Blume has informed employees that the company’s longstanding business model is no longer viable in its present state, citing pressures from a volatile EV market, declining…

Tesla’s Robotaxi Pilot Sparks Optimism with $475 Stock Target Boost
Elon Musk

Musk’s Robotaxi Dream Delayed: Regulatory Walls and EV Sales Crash Threaten Tesla’s Future.

Elon Musk just promised robotaxis for half the US by year’s end, but California’s regulators aren’t buying it—here’s what EV owners need to know. Tesla CEO Elon Musk outlined ambitious plans for robotaxi deployment during the company’s recent earnings call, but significant regulatory obstacles and falling electric vehicle sales cast doubt on the timeline. This…

Tesla

Tesla Q2 2025 Earnings Highlight FSD Progress Amid Revenue Decline and Market Challenges

Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…

Model Y

Tesla’s $100 Frunk Glow-Up: Illuminate Your Model Y Like Never Before

Imagine popping your Tesla’s frunk at dusk and it’s lit like a pro setup – no more fumbling in the dark. Tesla’s new $100 LED upgrade makes it reality in 2025. Tesla has rolled out a new LED ambient light strip upgrade for the front trunks of its Model Y and Model 3 vehicles in…

Tesla

EU Mandates Electric Vehicles for Car Rental Fleets Starting 2030

The European Union advances its green agenda as the Commission drafts rules that would require car-rental companies and large corporations to purchase only electric vehicles for their fleets from 2030 onward. This initiative, reported by German newspaper Bild, accelerates the bloc’s shift away from combustion engines and targets a significant portion of the new car…

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