Stock Widget Tesla TSLA -2.85% ▼ shareholders approved a record-setting pay package for Chief Executive Elon Musk, a plan designed to motivate the world’s richest man with as much as $1 trillion in additional stock. Flanked by dancing humanoid robots…
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Stock Widget Tesla’s TSLA -4.75% ▼ 2025 has been forgettable, to say the least. Deliveries dropped hard in Q2, tanking nearly 14% year-over-year, marking Tesla’s worst quarterly sales drop in over a decade. Also, the U.S. EV market share dropped to 38% in August,…
What should have been a peaceful drive down a scenic California mountain road turned into a harrowing life-or-death struggle for 69-year-old retired radiologist Dr. Peter Rothschild, whose Volvo XC90 plug-in hybrid suddenly lost its ability to brake. With dashcam footage capturing every moment of the escalating crisis, the terrifying incident is now at the center of a nationwide recall affecting nearly 12,000 Volvo vehicles — and raising serious questions about the automaker’s safety practices and software deployment.
President Donald Trump’s aggressive new trade policies—designed to bolster domestic manufacturing—are hitting Ford Motor Company harder than many anticipated. Despite building roughly 80% of the vehicles it sells in the U.S. domestically, Ford is projecting a net $2 billion tariff-related…
Elon Musk’s Optimus robots greeted hungry fans as the mogul’s long-awaited Tesla Diner finally opened its “retro-futuristic” doors along the famed Hollywood strip. The all-night drive-in offers “80 V4 Supercharger stalls” and two giant entertainment screens — where Tesla’s humanoid…
Tesla Inc. TSLA –.–% Mumbai, India – Tesla Inc. is set to make its long-awaited debut in India next week, officially entering the world’s third-largest automobile market with the opening of its first showroom in Mumbai. The U.S. electric vehicle (EV)…
Detroit, MI – Ford Motor Co. is facing a persistent supply shortage of rare-earth magnets—critical components for EV motors and various automotive systems—despite a recent U.S.–China agreement intended to ease export restrictions. The situation remains dire, forcing Ford into a…
Omead Afshar, a veteran Tesla executive long known as Elon Musk’s personal “fixer,” has quietly exited the company, marking a notable shift in the automaker’s leadership structure. Afshar—who joined Tesla in 2017 and rose to prominence by overseeing the Texas Gigafactory…
Hong Kong-listed shares of China’s Xiaomi surged over 5% to hit a record high on Friday, a day after its electric car drew a strong response from customers. The consumer electronics company, a relatively newer player in the EV market, took aim straight…
Oaktree Capital Management, the Los Angeles-based investment firm known for distressed-debt turnarounds, is in advanced talks to take control of Superior Industries International Inc., the aluminum wheel manufacturer battered by U.S. and international auto parts tariffs, according to people familiar…
