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Tesla’s Model Y Shines with Record Sales Surge in Norway and Australia

Tesla’s Model Y is making headlines with a stunning sales recovery in Norway and Australia, defying challenges faced elsewhere. According to a recent Forbes article, the electric vehicle (EV) giant reported a 213% sales increase in Norway, selling 2,600 cars in May alone. This boost comes as the Model Y holds its title as Norway’s…

Tesla

China’s Rare-Earth Restrictions Spark EV Industry Crisis

China’s tightened export controls on rare-earth minerals, critical for electric vehicle (EV) production, have sent automakers and suppliers into a frenzy, with some factories facing potential shutdowns by mid-July 2025. Reuters reports that the restrictions, targeting elements like gallium and germanium, are disrupting global supply chains, forcing the EV industry to seek urgent alternatives. Supp

Tesla

Tesla’s $380 Billion Wipeout Signals Major Shift for EV Industry in 2025

Tesla’s market value plummeted by $380 billion USD in 2025, marking the largest loss among top global companies and raising concerns for electric vehicle (EV) enthusiasts and industry professionals. This dramatic drop, driven by declining EV demand and Chief Executive Elon Musk’s public feud with President Donald Trump, has reshaped Tesla’s standing, according to a…

Tesla

Trump Dumps Tesla After Musk Feud: Drama Unfolds

President Donald Trump is parting ways with his Tesla Model S after a public falling out with Tesla CEO Elon Musk, a move that underscores tensions between the two influential figures and raises questions about the electric vehicle (EV) industry’s future. According to a report by The Daily Beast, Trump’s decision follows a series of…

Tesla

$1.6 Billion South Carolina EV Battery Plant Halts Amid Policy Shifts

AESC, a Japanese battery manufacturer, has paused construction on its $1.6 billion factory in Florence, South Carolina, designed to supply batteries for BMW’s electric vehicles (EVs). The decision, stems from uncertainties in federal EV policies and potential tariff changes under President Donald Trump’s administration, raising concerns for the EV industry’s growth in the U.S. reports…

Tesla

Trump-Musk Feud Escalates Over Tax-Cut Bill, Threatens Tesla and EV Industry Stability

A growing rift between U.S. President Donald Trump and Tesla CEO Elon Musk has sparked concerns for the electric vehicle (EV) industry, as the two clash over a tax-cut bill that could reshape federal spending and EV market dynamics. According to a Reuters report, Trump has publicly distanced himself from Musk, signaling a potential end…

Tesla Confirms Plans for Sub-$30,000 EV, Raising Questions About Strategy and Timeline
Tesla

Tesla Fights to Keep Austin Robotaxi Plans Under Wraps

Tesla is pushing to block the city of Austin, Texas, from releasing public records about its planned robotaxi launch, sparking a debate over transparency as the electric vehicle giant prepares to roll out self-driving taxis this month. According to Reuters, the company is citing concerns over proprietary information, a move that has raised questions about…

Tesla

Tesla Stock Plummets 16% as Musk-Trump Feud Escalates Over EV Subsidies

Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to Jeffrey Epstein and his call for the president’s impeachment, has rattled investors and raised questions…

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