Entertainment

Tesla sales in China are relatively fine despite the added complexity of managing the production switch to the new Mode Y, Tesla’s best-selling model. Model Y represents most of Tesla’s sales, and it is currently undergoing a design refresh that started with Gigafactory Shanghai, Tesla’s highest-producing factory. The production shift will inevitably result in lower

Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The sports car maker warned that the new combustion engine models and battery development expenses would hurt profits this year, sending share prices plunging. Porsche plans new gas-powered cars to boost profits After announcing that it expects

Photo: @TeslaCharging/Twitter Trump’s Federal Highway Administration (FHWA) has issued a memo ordering states to suspend all state EV infrastructure deployment plans under the National Electric Vehicle Infrastructure (NEVI) Formula Program. Trump’s FHWA orders NEVI suspension The $5 billion NEVI program is the big rollout of EV charging infrastructure across the US that was funded by

After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this year. Despite the threat of new tariffs and fewer government incentives, CEO Jim Farley stressed Ford is still “really confident” in its EV strategy. Farley said that Chinese EV makers are becoming a major global force,

Tesla’s Chief Financial Officer, Taneja Vaibhav, and the head of Tesla’s board of directors, Robyn Denholm, have just sold tens of millions of dollars worth of Tesla (TSLA) stock. Elon Musk’s brother is also selling. Public companies must report insider stock trading by critical executives and board members to the SEC. For Tesla, it’s a

Hyundai introduced significant discounts on its top-selling EVs, including the IONIQ 5, IONIQ 6, and Kona Electric, in South Korea to overcome slumping sales. With government incentives, the IONIQ 5 now starts at just over $30,500 in Hyundai’s home market. Although demand remains strong in the US, Hyundai is still offering big savings opportunities. Hyundai

The Tesla Full Self-Driving crowdsourced dataset that Elon Musk has approved has doubled since the CEO shared it last month. What does it say about the state of Tesla’s Full Self-Driving program now? We have been complaining for years about Tesla’s lack of data on its Full Self-Driving program. In September 2024, Tesla started releasing

After ending its planned EV merger with Honda, Nissan is now on the hunt for a new partner to help it recover. To survive the industry’s shift to electric, software-defined vehicles, Nissan could turn to Apple supplier Foxconn. Nissan looks past Honda for new EV partners At a board meeting on Wednesday, Nissan decided to

Australia is the latest market to report a significant drop in Tesla sales for the first month of 2025, and in this case, the automaker can’t blame the Model Y changeover. Earlier this week, we reported on European markets releasing car sales data for January, showing a massive drop in Tesla sales. Tesla sold roughly

Jeep’s first electric SUV in the US just got more affordable. On Thursday, Jeep launched a new Limited trim at the Chicago Auto Show. The new 2025 Jeep Wagoneer S Limited trim is $5,000 cheaper than the Launch Edition. And it also qualifies for the $7,500 federal EV tax credit. Here’s what the new model

Ford (NYSE: F) released its fourth-quarter earnings report after the market closed on Wednesday, beating top and bottom line forecasts. Although its Model e electric vehicle business lost another $5.1 billion last year, CEO Jim Farley promises, “Ford is becoming a fundamentally stronger company.” Here’s a breakdown of Ford’s Q4 2024 earnings. Ford Q4 2024

The overlanding trend may be played out, but no one told Audi — and they absolutely knocked it out of the park with this extreme off-road Q6 e-tron concept featuring genuine, high-clearance portal axles. (!?) Volkswagen has been struggling to keep its Audi brand on track recently, but there is no denying team Audi’s styling

2025 Mercedes EQS sedan (Source: Mercedes-Benz) Mercedes-Benz had a rough EV sales year in 2024 in the US, so it’s hitting the reset button this year. To lure buyers back in, the automaker is already rolling out sweet discounts on its 2025 EVs. Sales of the EQB (36%), EQE (39%), and EQS (52%) decreased by

Elon Musk has poached a long-time Tesla engineer to help with his work at the Department of Government Efficiency (DOGE). The Tesla CEO appears to feel invincible right now because he did that while he and Tesla’s board are being sued for breach of fiduciary duties and resource tunneling. Last year, shareholders sued Tesla, the

The landmark EV merger, which would create the world’s third-largest automaker, may not happen after all. Honda and Nissan’s EV partnership plans are reportedly already being called off. The partnership was expected to help the Japanese automakers survive after falling behind BYD, Tesla, and others as the industry shifts to electric. Why are Honda and

Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand slump for the automaker. We reported that Tesla’s sales in Europe were cut in half in January compared to last year, despite last year already being down. With sales stagnating in the US and

Tesla’s sales have dropped nearly 60% in January in Germany compared to the same period last year. The same thing is happening throughout Europe. Earlier this week, we reported that Tesla’s sales crashed throughout all European markets in January. The two main reasons are believed to be the introduction of the new Model Y and

On today’s episode of Quick Charge, we look at a group of $TSLA shareholders on Reddit who want Elon Musk fired as CEO of Tesla – and they’re using his own public words against him. Plus the new Model Y arrives in US showrooms and FSD users can get a break on insurance. Plus the Volvo

Ferrari looks to shake up the market with its first all-electric vehicle, which will launch later this year. Ferrari confirmed plans to launch its first EV in October as one of six new vehicles debuting in 2025. Ahead of its official debut, the new electric car was spotted testing out in public. Check out a

Several automakers, including Honda, Hyundai, Ford, and Kia, reported higher EV sales in the US in January. Here’s a look at some of the top-selling EV models (outside of Tesla) last month. EV sales in the US by model in January 2025 With nearly 133,000 electric vehicles sold in December, EVs accounted for 8.8% of