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Tesla

EU Approves Tariffs on Chinese EVs, but Will It Be Enough?

The European Union has taken a stand against Chinese electric vehicle imports, voting to impose tariffs of up to 35% on battery cars from China. This move comes as the EU tries to protect its auto industry from what it sees as unfair competition. A Narrow Victory for Tariffs Despite opposition from major players like…

EVgo Stock Surges 61% as J.P. Morgan Sees Opportunity in EV Charging Sector
Tesla

EVgo Stock Surges 61% as J.P. Morgan Sees Opportunity in EV Charging Sector

EVgo, a major player in the electric vehicle charging space, saw its stock soar an impressive 61% following a bullish call from J.P. Morgan. This dramatic rise highlights the growing interest and potential in the EV charging market, as reported by Barron’s. J.P. Morgan’s Bullish Stance J.P. Morgan analyst Bill Peterson upgraded EVgo shares from…

UK Auto Industry Calls for EV Tax Cuts as Sales Targets Loom
Tesla

UK Auto Industry Calls for EV Tax Cuts as Sales Targets Loom

The UK’s auto industry is sounding the alarm over sluggish electric vehicle (EV) sales, warning that missing government-set targets could lead to hefty fines for manufacturers and pricier cars for consumers. This news comes from a Financial Times report detailing the industry’s plea for tax incentives to boost the EV market. Industry Warns of Missed…

Tesla's Robotaxi Day: Make or Break for Musk's EV Empire
Tesla

Tesla’s Robotaxi Day: Make or Break for Musk’s EV Empire

Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among the “Magnificent Seven” tech companies or becomes just another automaker in a crowded EV market.…

Caterham Teams Up with Yamaha for Electric Sports Car Project
Tesla

Caterham Teams Up with Yamaha for Electric Sports Car Project

Caterham’s pushing forward with its electric sports car plans, tapping Yamaha for some serious EV know-how. The Collaboration The British sports car maker announced it’s partnering with Yamaha to develop its Project V electric sports car. Yamaha’s not just providing the powertrain – they’re also bringing their “vehicle motion control” tech to the table. Tokyo…

UK Carmakers Offer $2.6 Billion in EV Discounts, Still Miss Sales Targets
Tesla

UK Carmakers Offer $2.6 Billion in EV Discounts, Still Miss Sales Targets

Automakers in the UK are set to provide at least £2 billion ($2.6 billion) in electric vehicle discounts this year, yet they’re still falling short of the government’s sales mandate, according to a Bloomberg report. Record EV Registrations, but Not Enough Despite steep price cuts driving battery-electric vehicle registrations to a record high in September,…

Tesla Cybertruck Prices Plummet as New Models Hit the Market
Tesla

Tesla Cybertruck Faces Fifth Recall in Less Than a Year

Tesla’s 2024 Cybertruck has racked up its fifth recall in under a year, highlighting potential issues with the electric pickup’s design and performance. The most recent recall, affecting 27,185 vehicles, was announced on October 3, 2024, and involves a significant safety concern with the rearview camera system. According to a report Tesla shared with the…

Tesla

Tesla Reverses Delivery Decline with Q3 Rebound

Tesla’s global deliveries bounced back in Q3 2024, marking the company’s first quarterly increase this year. This upturn comes as a relief after earlier declines had sparked worries on Wall Street about Tesla’s growth potential in the EV market. According to the Wall Street Journal, the electric automaker delivered 462,890 vehicles from July to September.…

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