California
Tesla’s Robotaxi Service Set to Launch Imminently in California
Tesla’s long-anticipated Robotaxi service is on the verge of launch in California, marking a significant step for electric vehicle (EV) enthusiasts.
California
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California
Tesla’s EV Sales in California Plunge for Seventh Straight Quarter Amid Growing Challenges
Tesla’s EV Sales in California Plunge for Seventh Straight Quarter Amid Growing Challenges Tesla Inc. saw its new vehicle registrations in California drop sharply last quarter, marking the seventh consecutive decline in the nation’s largest electric vehicle market. This downturn, with 41,138 registrations representing a 21% year-over-year fall, outpaced the 13% dip in overall zero-emission…
Elon Musk
Musk’s Robotaxi Dream Delayed: Regulatory Walls and EV Sales Crash Threaten Tesla’s Future.
Elon Musk just promised robotaxis for half the US by year’s end, but California’s regulators aren’t buying it—here’s what EV owners need to know. Tesla CEO Elon Musk outlined ambitious plans for robotaxi deployment during the company’s recent earnings call, but significant regulatory obstacles and falling electric vehicle sales cast doubt on the timeline. This…
Tesla
Tesla Q2 2025 Earnings Highlight FSD Progress Amid Revenue Decline and Market Challenges
Tesla released its Q2 2025 earnings on July 23, reporting adjusted earnings of 40 cents per share, just below the average analyst estimate, alongside revenue of $22.5 billion that fell 12% year-over-year, marking the sharpest decline in at least a decade. Gross margin came in higher than anticipated. Updated as of 16:56 EST The company…
Tesla
JPMorgan Analyst Praises Tesla Robotaxi’s Safe Debut in Austin
JPMorgan’s global automotive research chief, Jose Asumendi, took a ride in Tesla’s freshly deployed Robotaxi in Austin and reported the trip was “certainly solid and felt like a safe ride at all times.” The comment, posted by Sawyer Merritt on X, gives the autonomous Cybercab its first big bank-grade thumbs-up. While the vehicle still operates…
Tesla
Tesla’s Regulatory Credit Revenue Faces Sharp Decline as U.S. Policy Shifts
Tesla’s profits have long leaned on the sale of regulatory credits, but a quick turn in American policy may soon curb that cash flow and unbalance the company’s balance sheet. According to Reuters, the latest measures pushed by the Trump administration will abolish fines tied to the National Highway Traffic Safety Administration’s Corporate Average Fuel…
Rivian
Rivian Launches East Coast Headquarters in Atlanta to Accelerate EV Expansion
Rivian has unveiled plans for its new East Coast headquarters in Atlanta, a key step that supports the automaker’s renewed push to scale production at its nearby Georgia manufacturing facility. This development follows months of financial adjustments, including layoffs, but highlights Rivian’s focus on growth through affordable electric vehicles. The headquarters will open in late…
Lucid
Lucid CEO Warns Trump’s Tariffs Will Increase EV Prices Despite US Manufacturing
Lucid Group Inc.‘s interim CEO Marc Winterhoff has cautioned that proposed tariffs under President Donald Trump will elevate automobile production costs, affecting even vehicles assembled in the United States. This development stems from the automotive industry’s reliance on a global supply chain, which requires importing essential raw materials and components. In a Bloomberg Television interview,
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