Elon Musk’s $1 billion payment proposal is facing rejection from investors and state regulators
Tesla shareholders, including SOC Investment Group and various state authorities, asked investors to vote against Elon Musk's $1 trillion pay...
Automotive & transportation
Tariffs on Chinese cars will boost sales of vehicles manufactured in Mexico
Claudia Sheinbaum Pardo's government's tariffs on cars from China, South Korea, India, and Thailand are expected to stimulate sales of...
Musk’s $1 billion purchase of Tesla stock causes the business to surge
As the electric vehicle manufacturer races to meet its ambitious goals in robotaxis, artificial intelligence, and robotics as it seeks...
For the first time since 2020, BYD has experienced two consecutive months of production drops
In August, BYD's production declined for the second consecutive month, marking its first such monthly contraction since 2020. This development...
Tesla guarantees that the Model YL ‘will be here soon’
Tesla, the electric car company owned by Elon Musk, announced on the Chinese social network Weibo that the Model YL...
In the second quarter, Tesla incurred a $300 million expense due to Trump tariffs
During the call, Tesla CEO Elon Musk remarked that the company’s energy division is encountering “headwinds” due to the president’s...
After a $2.7 billion loss in the first half of the year, Stellantis anticipates a greater impact from tariffs
Stellantis expects a greater impact from Trump's tariffs on vehicle and auto parts imports in the second half of 2025....
The Air Transport Chamber urges a discussion between Mexico and the U.S. regarding airline restrictions
On Monday, the National Chamber of Aerotransports (Canaero) urged for a “technical and constructive dialogue” between the authorities of Mexico...
Tesla introduces its ‘Model Y’ in India; Musk relaxes Trump’s tariffs
On Tuesday, Tesla introduced its Model Y in India, with a price of around $70,000—this is considerably higher than the...
In June, Tesla’s sales in the UK increased compared to the previous year
After the U.S. automaker started delivering its revised Model Y last month, data released Friday shows that Tesla's new car...
