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BMW is showcasing its revolutionary iX3 electric SUV at the Japan Mobility Show 2025 in Tokyo, marking the Asian premiere of the first production model from the automaker’s groundbreaking Neue Klasse platform. The iX3 debuts with industry-leading 400 kW fast charging capability and next-generation electric drivetrain technology that BMW claims will redefine the premium EV…
General Motors is laying off more than 3,300 electric vehicle workers across Michigan, Ohio, and Tennessee as the automaker slashes EV production following the expiration of federal tax credits. The cuts represent one of the most significant workforce reductions in the industry since the $7,500 EV incentive ended on September 30, 2025. The layoffs come…
European car sales jumped 10.7% in September 2025, driven by a plug-in hybrid explosion that signals automakers are choosing profitable hybrids over money-losing pure electric vehicles to meet emissions targets. But the real story lies beneath the headline numbers: Tesla’s sales dropped 10.5% while Chinese rival BYD surged 398%, according to data released Tuesday by…
A groundbreaking study from Yale University economists has quantified for the first time how CEO Elon Musk’s partisan political activities directly damaged Tesla’s U.S. sales. The National Bureau of Economic Research working paper concludes Tesla would have sold between 1 million and 1.26 million additional vehicles from October 2022 through April 2025 without what researchers…
Morgan Stanley’s Adam Jonas suggested Tesla’s shareholder proposal to invest in xAI represents strategic exploration rather than commitment, maintaining his bullish stance on the EV maker with an $800 price target ahead of the November 6 vote. Morgan Stanley analyst Adam Jonas issued a new investor note today framing Tesla’s upcoming shareholder vote on investing…
Tesla Board Chair Robyn Denholm issued an urgent warning to shareholders today: approve Elon Musk’s nearly $1 trillion compensation package by November 5th, or risk losing him as CEO and watching Tesla collapse from AI/robotics pioneer into “just another car company.” The stark two-page letter, posted by Sawyer Merritt on X, frames the upcoming shareholder…
Nissan has developed prototype solid-state battery cells that promise to double driving range while cutting charging times in half compared to current lithium-ion batteries. The Japanese automaker achieved these performance targets through a partnership with U.S.-based LiCAP Technologies, marking a critical milestone in next-generation EV battery development—even as the company bleeds billions and
Porsche announced its third U.S. price increase in recent months and confirmed production of the gas-powered Macan SUV will end in mid-2026, yet shares of the German luxury automaker jumped more than 4% Monday as Wall Street reacted positively to new financial guidance suggesting the worst may finally be over. The developments cap a brutal…
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