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Haye Kesteloo

Haye Kesteloo is the Editor in Chief and Founder of EVXL.co, where he covers all electric vehicle-related news, covering brands such as Tesla, Ford, GM, BMW, Nissan and others. He fulfills a similar role at the drone news site DroneXL.co. Haye can be reached at haye @ evxl.co or @hayekesteloo.

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

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

On June 22, 2025, Tesla launched its invite-only Robotaxi pilot in Austin, Texas, igniting excitement among electric vehicle (EV) enthusiasts and investors. The limited rollout of Model Y vehicles, operating autonomously in a geofenced area, has reportedly prompted Benchmark to raise its Tesla stock price target to $475, signaling strong confidence in the company’s autonomous…

Tesla Sues Ex-Supplier for Alleged $1B+ Battery Trade Secret Theft
Tesla

Tesla’s V4 Superchargers Launch in China, Boosting EV Charging for All Brands

Tesla has rolled out its first V4 Superchargers in China, a major step forward for electric vehicle (EV) charging infrastructure in the world’s largest EV market. Now operational in Shanghai, Chongqing, Gansu, and Zhejiang provinces, these advanced chargers promise faster charging and broader access, opening Tesla’s network to non-Tesla EVs for the first time in…

Tesla

Auto Retailers Urge Senate to Preserve EV Tax Credits Amid Budget Talks

Auto retailers, including giants like CarMax and Carvana, are pressing the Senate to maintain electric vehicle (EV) tax credits in the upcoming budget bill, warning that their abrupt removal could destabilize dealerships heavily invested in EV infrastructure. A June 26 letter from retailers highlights the economic risks of slashing incentives critical to EV adoption, according…

Tesla

Tesla’s 15-Year IPO Anniversary: From Roadster to $1 Trillion Valuation

On June 29, 2010, Tesla debuted on the Nasdaq with its electric Roadster, a two-seat sportscar offering a 236-mile range, marking the start of a transformative journey. Fifteen years later, Tesla’s stock has surged nearly 300-fold, turning a $10,000 investment into nearly $3 million, while the company’s market cap now exceeds $1 trillion, making it…

Mercedes-Benz EV Sales Slump 42% in Q3, Bucking Overall Growth Trend
Mercedes-Benz

Nancy Mace Urges Trump to Release $285M for Mercedes-Benz EV Plant in South Carolina

In a move highlighting the tension between Republican fiscal priorities and local economic benefits, Rep. Nancy Mace (R-South Carolina) has privately urged the Trump administration to release $285 million in federal funding for a Mercedes-Benz Vans plant northwest of Charleston to shift to electric vehicle (EV) production. The funds, part of a $1.8 billion grant…

VinFast's Second-Quarter Loss Deepens Amid Aggressive Expansion
Ford

VinFast Launches Second Vietnam EV Factory to Boost Affordable Urban Models

On June 29, 2025, Vietnamese electric vehicle (EV) manufacturer VinFast began production at its new Ha Tinh factory, a strategic move to scale up output of affordable mini urban models amid global expansion challenges. The facility, spanning 90 acres, aims to produce 200,000 vehicles annually, complementing the company’s flagship Haiphong plant, which targets 950,000 units…

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