In a surprising turn of events, President Trump is reportedly considering selling his Tesla Model S amidst a heated feud with Elon Musk. This decision could impact the already fluctuating Tesla stock as tensions rise between the two.
Elon Musk's relationship with the Trump administration is deteriorating, driven by disagreements over the electric vehicle tax credit, AI deals, and recent political moves. Discover the details behind this growing rift.
Elon Musk criticizes Trump's 'Big Beautiful Bill' that could impact Tesla's EV tax credits while possibly benefiting his AI company, xAI. Could this mark a turning point for Musk's businesses?
Elon Musk's first week away from the Department of Government Efficiency sees his companies, Neuralink and Tesla, achieving significant milestones despite previous leadership ties. A $650 million funding round for Neuralink and a 213% sales surge for Tesla in Norway mark a promising start.
Tesla faces a staggering 49% drop in European sales as competition rises and political controversies swirl around CEO Elon Musk. What does this mean for the future of electric vehicles in Europe?
In a significant move amidst a turbulent automotive market, Volvo Cars announces it will lay off around 3,000 employees, impacting 15% of its office workforce. The decision comes as the company grapples with declining sales and rising material costs, prompting an urgent restructuring plan.
China's EV price war intensifies as BYD cuts prices on 22 models, causing sharp declines in the stock of major competitors like Tesla's rivals. Investors are anxious as the competition heats up in the world's largest auto market.
Shares of BYD fell on the Hong Kong exchange following recent price cuts. This move has raised eyebrows in the EV market, affecting other key players like Xpeng, Nio, and Li Auto. What does this mean for the future of electric vehicles?
In a significant move, Volvo Cars reveals plans to cut 3,000 jobs as part of an 18 billion Swedish kronor cost-saving initiative, impacting primarily office roles in Sweden. The decision comes amid uncertainties in the automotive industry, including tariff pressures and a need for improved cash flow.
Toyota has announced that the 2026 RAV4 will exclusively be a hybrid model, eliminating traditional gas engines. With increasing demand for hybrids, this redesign aims to enhance performance and fuel efficiency.
