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Three months after the federal EV tax credit expired, a collector car fintech CEO told WardsAuto what we’ve been reporting since last summer: legacy automakers bet billions on government subsidies instead of building EVs people would buy without them. The combined damage now totals $53 billion across Ford, GM, and Stellantis. The write-downs keep getting…
China’s largest automaker just filed the first tariff lawsuit by a Chinese car company against the United States government. The legal argument is about import duties on bus parts and batteries. The strategic play is about something bigger. BYD’s four American subsidiaries filed suit at the US Court of International Trade on January 26, arguing…
Morgan Stanley just did what Tesla hasn’t: put a real number on the 100-gigawatt solar bet we warned readers about four days ago. The answer is somewhere between $30 billion and $70 billion. For context, Tesla’s entire capital expenditure budget this year is already north of $20 billion before a single solar cell rolls off…
The emails between Kimbal Musk and convicted sex offender Jeffrey Epstein read like something no publicly traded company’s board member should have in their history. Bloomberg reported today that newly released DOJ documents show the longtime Tesla director was connected with at least two women through Epstein, years after Epstein pleaded guilty to sex crimes…
California’s clean-truck voucher program just handed Tesla roughly $165 million in reserved funding for a truck that has delivered exactly five units to paying customers. A Los Angeles Times investigation published today exposes how the state’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) allocated nearly 1,000 vouchers to subsidize the Tesla Semi…
Six months ago, when we first reported on Stellantis shuttering factories to dodge EU emission fines, the company’s Europe chief called electrification targets “unreachable.” On Friday morning, the bill for that failed strategy arrived: €22.2 billion ($26 billion) in charges, a suspended dividend, and a 28% stock crash that wiped out billions in market value…
The final 2025 scorecard is brutal for Tesla. BYD sold 2.26 million battery-electric vehicles last year. Tesla delivered 1.64 million. That’s a 620,000-unit gap that grew every quarter, and it happened while BYD was locked out of the world’s second-largest auto market entirely. The damage extends far beyond the headline numbers. In the countries where…
The Tesla app’s “Share Destination” feature was never designed for medical emergencies. But on November 15, 2025, at 3:50 AM on a dark stretch of I-20 in Georgia, that’s exactly how Jack Brandt’s family used it. His father was behind the wheel of a 2026 Model Y Launch Edition running FSD v14.1.3 when a massive…
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