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Elon Musk

Every EVXL story tagged “Elon Musk” — newest first.

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Tesla

India Finalizes EV Policy, but Tesla Hesitates at Local Production Plans

India has rolled out its new electric vehicle (EV) policy aimed at attracting global automakers with reduced import taxes, but Tesla is showing reluctance to set up local manufacturing, a federal minister revealed. This development, reported by Reuters, could reshape the EV landscape in the world’s third-largest car market, where players like Mercedes-Benz and Hyundai…

Tesla

Tesla’s Sales in Norway Surge 213% in May, Driven by Model Y Demand

Tesla’s electric vehicle (EV) sales in Norway skyrocketed by 213% year-on-year in May, reaching 2,600 vehicle registrations, according to registration data reported by Reuters. Fueled by the revamped Model Y compact SUV—Norway’s best-selling vehicle for three consecutive years—this surge underscores the country’s rapid shift toward sustainable transportation. Model Y Leads Norway’s EV Revolution T

Ford

Tesla $25K EV Canceled? Focus Shifts Towards Affordable Model 3 & Y

Tesla has reportedly moved away from its long-anticipated $25,000 electric vehicle (EV), often dubbed the Model 2, with the company now prioritizing more affordable versions of its Model 3 sedan and Model Y compact SUV. This strategic pivot, detailed in a Reuters report, has sparked internal debates among Tesla executives and raised questions about the…

Ford

Drone Captures Tesla’s Affordable EV Prototype Testing at Fremont Track

A YouTuber recently flew a drone over Tesla’s Fremont test track, capturing footage of what appears to be a prototype for Tesla’s long-awaited affordable electric vehicle (EV). Shared by the account “Met God in Wilderness,” the video has sparked excitement among EV enthusiasts, offering a glimpse of a compact Tesla model potentially set to redefine…

Tesla

Kimbal Musk Sells $31M in Tesla Stock as Board Members Cash Out Nearly $200M

Kimbal Musk, Tesla board member and younger brother of CEO Elon Musk, sold $31 million in Tesla stock on Tuesday, May 27, 2025, as part of a larger $199 million sell-off by Tesla insiders. The transactions, detailed in a recent Fortune article, occurred during a significant rally for the electric vehicle (EV) maker, spotlighting Kimbal’s…

Tesla

Tesla Slams GOP Megabill: Clean Energy Tax Credit Cuts Threaten EV and Solar Growth

On May 30, 2025, Tesla and its CEO Elon Musk publicly criticized a Republican megabill that aims to eliminate clean energy tax credits, a move that could disrupt the electric vehicle (EV) and solar industries. The House-passed reconciliation package, which would end residential solar credits and EV incentives by the end of the year, has…

Musk's Potential Role in Trump Administration Raises Concerns for Tesla
Tesla

Trump Announces Elon Musk’s Exit from DOGE Role at White House Press Conference

In a surprising turn at the White House, President Donald J. Trump announced that Elon Musk will step away from his role in the Department of Government Efficiency (DOGE) during a press conference scheduled for May 30, 2025, at 1:30 P.M. EST. The statement, shared via a post on Truth Social from Trump’s verified account,…

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