Tesla’s first-quarter 2025 earnings fell 71%
Following a 20% decline in its automotive revenue, Tesla's net profit dropped 71% to $409 million in the first quarter...
Tesla
Tesla’s sales decline in Europe intensifies amid anti-Musk protests
Tesla sales in major European regions dipped again in March, according to figures released Tuesday, adding to evidence that drivers...
BYD plans to increase its foreign sales to 800,000 units by 2025
BYD, the Chinese electric vehicle manufacturer, plans to treble its international sales to more than 800,000 vehicles by 2025 and...
Hyundai of South Korea has announced a $21 billion investment in the United States
Hyundai, a South Korean giant, announced Monday an approximately $21 billion investment in U.S. onshoring, including a $5.8 billion steel...
Chinese manufacturer BYD closes a record year and surpasses Tesla in revenue
BYD, a Chinese electric car manufacturer, saw a strong increase in revenue last year, exceeding the $100 billion barrier and...
Tesla protests grow as Trump says vandals should get 20-year terms in El Salvador
President Donald Trump criticized the vandalism against Tesla stores and vehicles that has plagued the United States in recent weeks,...
Tesla to recall 46,000 Cybertrucks, citing external panels that potentially raise the ‘risk of crash’
Tesla is recalling over 46,000 Cybertrucks due to a cosmetic exterior trim panel that can "delaminate and detach from the...
China has delayed licensing of a BYD factory in Mexico for fear of technology being transferred to the United States.
Chinese officials are delaying clearance of a new plant in Mexico proposed by BYD, the world's largest maker of electric...
Mercedes-Benz gets a stake in robotics startup Apptronik and tests robots in plants
Mercedes-Benz is testing the usage of humanoid robots manufactured by Apptronik in the United States for activities such as moving...
Car makers fear that tariffs will hike the price of some vehicles by as much as 25%
A trade group representing nearly every major automaker warned Tuesday that new 25% tariffs on imports from Canada and Mexico...
