In a significant move, General Motors has laid off around 1,700 workers at its Michigan and Ohio plants due to a slowdown in the electric vehicle market. The company aims to realign its EV capacity amid evolving regulations and declining consumer incentives.
Tesla's recent earnings report shows a dip in profits due to tariffs, declining regulatory credits, and increased operating costs. As competition rises and tax credits fade, will Tesla's strategy hold up? Discover the latest insights.
Tesla's profit took a nosedive in Q3, plummeting 37% as the company slashed car prices to boost sales. With the upcoming vote on Elon Musk's pay package, what does this mean for Tesla's future?
In a bold move, General Motors announces a suite of AI-driven technologies, including a hands-free driver-assistance system and a Google-powered in-car assistant, aiming to transform the driving experience by 2028.
General Motors is gearing up to release its Q3 earnings, with analysts predicting a significant revenue drop. Amid challenges in the automotive sector, experts express concerns over GM's future performance.
China's new restrictions on rare earth exports have escalated tensions with the US, as President Trump threatens hefty tariffs. This latest move could give China significant leverage in upcoming trade talks.
In a stunning turn of events, the Trump administration is considering terminating over $15.8 billion in clean energy projects, including critical hydrogen hubs and electric vehicle initiatives. Experts warn of severe consequences for the energy landscape and rising costs for American households.
The NHTSA has opened a preliminary investigation into Tesla's full self-driving technology following reports of traffic safety violations and multiple crashes, raising concerns over its safety.
China has imposed stricter controls on rare earth exports, targeting processing technology and limiting access for overseas defence and semiconductor users. This move could lead to significant global shortages once again.
Tesla has unveiled its lower-cost Model Y and Model 3, but the response has been underwhelming. With puzzling omissions and tough competition, can these models revive Tesla's sales slump?
