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Tesla

Tesla Slashes Prices and Boosts Perks for U.S. EV Buyers in Bold 2025 Move

Tesla ignited excitement among electric vehicle (EV) enthusiasts in the U.S. with a series of aggressive promotions aimed at making its lineup more accessible than ever. Announced via a detailed post on X by Sawyer Merritt, these incentives—ranging from free Full Self-Driving (FSD) transfers to steep discounts for loyal owners—signal Tesla’s intent to dominate the…

Tesla Chair Robyn Denholm Sells $32M in Stock Amid EV Giant’s Turbulent Times
Tesla

Tesla Secures Groundbreaking 2-Year Exemption for FSD in Norway: A Leap Toward Autonomous Driving

On April 24, 2025, Tesla achieved a historic milestone in its quest for autonomous driving, securing a two-year exemption from Norway’s Statens vegvesen (Norwegian Road Authority) to operate its Full Self-Driving (FSD) system in supervised mode on public roads. This decision marks a significant step for Tesla as it accelerates its global rollout of advanced…

Nissan Overhauls Leadership, Taps Americas Chief Papin as New CFO Amid Turnaround Efforts
Nissan

Nissan Faces Record $5.26 Billion Loss as Restructuring Hits Hard

Nissan Motor Co. projects a staggering net loss of 700 billion to 750 billion yen ($4.91 billion to $5.26 billion) for the financial year ending March 2025, driven by massive impairment charges and aggressive restructuring, Reuters reported. This marks the automaker’s largest-ever deficit, dwarfing its prior 80 billion yen loss forecast, as new CEO Ivan…

Tesla's California market share fell to 9.9% in 2025 as Toyota rose to No. 2. Discover why registrations dropped 11% despite Model Y’s segment dominance. - NHTSA Launches Investigation into Deadly Tesla Incident
Tesla

Trump Grants Auto Industry Tariff Exemptions, Easing EV Supply Chain Pressures

President Donald Trump’s administration has announced exemptions for U.S. automakers from certain tariffs, a significant concession following intense lobbying by industry leaders concerned about rising electric vehicle (EV) costs and supply chain disruptions, according to the Financial Times. This decision, which spares car parts from fentanyl-related tariffs on Chinese imports and steel and alumi

Tesla

China’s Rare Earth Magnet Ban Threatens Tesla’s Optimus Robot Production

China’s abrupt suspension of heavy rare earth magnet exports, announced earlier this month, has disrupted Tesla’s plans to manufacture its Optimus humanoid robots, according to Elon Musk’s statements during Tesla’s recent earnings call. The ban, a retaliatory measure against U.S. tariff hikes, underscores the fragility of global supply chains and raises concerns for industries reliant…

Tesla

Tesla Q1 2025 Earnings: Autonomy Milestones, Affordable Models, and Financial Strength Amid Challenges

Tesla’s Q1 2025 earnings call, held on April 22, 2025, revealed a mix of ambitious milestones and cautious optimism as the electric vehicle (EV) giant navigates economic uncertainty, trade policy shifts, and global market challenges. With a record $37 billion in cash reserves and significant progress in autonomy, Tesla is positioning itself for transformative growth…

Tesla

Tesla HW3 Vehicles with Intel Atom Chips Miss Spring Update Features, Sawyer Merritt Reveals

Automotive reporter Sawyer Merritt announced on X that Tesla vehicles with Hardware 3 (HW3) and older Intel Atom chips will not receive key features in Tesla’s Spring Update (2025.14.1). This news impacts EVXL’s audience of Tesla owners and enthusiasts, spotlighting the growing divide between Tesla’s older and newer hardware ecosystems and raising concerns about long-term…

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