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Tesla CEO Elon Musk has made another ambitious claim about autonomous driving technology, stating that “For the first time, there will soon be a generalized, pure AI solution to full self-driving” that relies solely on “cameras and the Tesla AI chip with Tesla AI software.” The announcement, made on X earlier today, reiterates Tesla’s commitment…
Tesla stock showed signs of recovery on Monday, April 14, 2025, rising 3.4% to $260.92 in early trading after President Donald Trump excluded smartphones and certain electronics from his most severe import tariffs. This positive movement occurs during a challenging period for the electric vehicle manufacturer, whose shares have declined approximately 38% year-to-date and remain…
On April 14, 2025, Chinese automaker BYD launched the Han L sedan and Tang L SUV, the first electric vehicles equipped with its revolutionary Super E-Platform, capable of adding 249 miles (400 km) of range in just five minutes of charging, reports The Independent. Priced at $30,100 and $32,700 respectively, these models not only outpace…
On April 13, 2025, Lucid Motors seized a pivotal opportunity by acquiring the Arizona facilities of Nikola, a once-hyped electric vehicle (EV) and hydrogen truck manufacturer, for $30 million following Nikola’s Chapter 11 bankruptcy filing in February. The deal, announced on April 13, 2025, encompasses Nikola’s truck business and customer relationships, providing Lucid with 884,000…
Genesis, Hyundai Motor Group’s luxury brand, is poised to unveil its flagship electric SUV, the GV90, at the 2025 New York International Auto Show, starting April 18. Previewed by the striking Neolun concept, the GV90 promises to blend minimalist Korean design with cutting-edge technology, positioning it as a formidable contender in the premium electric vehicle…
Tesla’s dominance in the U.S. electric vehicle (EV) market is slipping, with sales declining nearly 9% in the first quarter of 2025, even as the overall EV market expanded by 11%, according to a recent report by Cox Automotive. The research firm’s data reveals a shifting landscape where traditional automakers like General Motors (GM) and…
On April 11, 2025, General Motors (GM) announced the temporary suspension of its BrightDrop electric delivery van production at its CAMI plant in Ingersoll, Ontario, a move that will result in the layoff of approximately 500 workers starting April 14. According to a report by The Wall Street Journal, the decision stems from lackluster demand…
Nationwide demonstrations targeting Tesla showrooms broke out on Saturday as protestors voiced opposition to CEO Elon Musk’s controversial role in the Trump administration’s aggressive federal workforce reduction program, according to Reuters. The protests highlight growing tensions between the EV maker’s progressive climate image and its founder’s political activities. Mass Protests Target Tesla
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