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Lucid Reports $855M Q2 Loss, Lowers Annual Production Target
Lucid has reported its second-quarter 2025 financial results on Tuesday, revealing lower-than-expected revenue and earnings as the company lowered its production outlook for the year. While the EV maker posted year-over-year gains in deliveries and […]
Rivian Reports $1.1B Q2 Loss, Pushes Ahead With R2 SUV Production Plans
Rivian has released its Q2 2025 financial results, revealing a mixed performance. While revenue came in slightly above expectations, higher operating costs, new tariffs, and the upcoming expiration of federal EV tax credits contributed to […]
Tesla Sales in UK and Germany Continue to Decline
Tesla is continuing to experience a sharp sales decline across key European markets, with new data showing a significant drop in vehicle registrations in both the United Kingdom and Germany, extending a months-long trend of […]
Tesla Faces Shareholder Lawsuit Over Robotaxi Safety Claims
Tesla and CEO Elon Musk are facing a new class-action lawsuit filed by shareholders who allege the company misled investors about the readiness and safety of its autonomous driving technology, particularly its newly launched Robotaxi […]
Tesla breaks sales record in South Korea, Model Y leads for third consecutive month
Tesla has set a new monthly sales record in July 2025 in South Korea. According to data from the Korea Automobile Importers & Distributors Association (KAIDA), Tesla delivered 7,357 vehicles last month, solidifying its position […]
Baidu and Lyft Announce Plans to Launch Robotaxi Service in Europe by 2026
Chinese tech giant Baidu and U.S. ride-hailing company Lyft have announced a partnership to bring autonomous robotaxis to Europe. Starting in 2026, the companies plan to deploy Baidu’s sixth-generation Apollo Go RT6 autonomous vehicles in […]
