Latest News
 
		
	German Retail Giant Rossmann Cuts Ties with Tesla Over Elon Musk’s Political Leanings
German retail giant Rossman has announced it is cutting business ties with Tesla. The former had been electrifying its operations but will no longer add Tesla’s electric vehicles (EVs) to its fleet, with the company […]
 
		
	Rivian Reports Mixed Q2 2024 Financial Results
Rivian has reported its second-quarter financial results for 2024, and they paint a mixed picture. Despite widening losses, Rivian remains optimistic about its future, bolstered by new strategic partnerships and cost-cutting measures that are expected […]
 
		
	Tesla Added to Another Government Procurement List in China
Tesla cars have been included on government procurement lists in more Chinese provinces. This time, Model Y has been approved for purchase in the eastern province of Fujian. The news comes a few weeks after […]
 
		
	US Set to Ban Chinese Software in Autonomous Vehicles Over Security Concerns
The United States is gearing up to introduce a new regulatory measure aimed at barring Chinese-made software in autonomous vehicles operating within its borders. The move is being driven by growing national security concerns, and […]
 
		
	Elon Musk cancels Tesla partnership with Costco in Taiwan [Update]
Tesla has found an unlikely new partner in Taiwan, as the automaker has teamed up with Costco to help sell its electric vehicles (EVs). The partnership is for a limited time, and doesn’t include a […]
 
		
	Lucid Posts Q2 Revenue Beat And Secures Another $1.5B Investment From Saudi Arabia
Lucid has announced its financial results for the second quarter of 2024, reporting revenue of $200.6 million, exceeding Wall Street estimates. The automaker has also secured another $1.5 billion from its majority stakeholder, the Public […]

 
		 
		 
		 
		 
		 
		 
		 
		 
		 
		 
		 
		 
		 
		 
		 
		 
			 
			 
			 
			