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Jun 22
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Morgan Stanley Downgrades Lucid, Rivian to Sell, Warns of 'EV Winter' Into 2026
Lucid

Lucid Motors Slashes Prices with 2025 Air Models and New Incentives

Lucid Motors is making waves in the electric vehicle (EV) industry by rolling out attractive pricing and incentives for its 2025 Lucid Air lineup, as announced on their official website. With lease options starting as low as $519 per month and cash bonuses up to $10,000, the luxury EV maker is positioning itself as a…

Musk's Potential Role in Trump Administration Raises Concerns for Tesla
Model Y

Trump Announces Elon Musk’s Exit from DOGE Role at White House Press Conference

In a surprising turn at the White House, President Donald J. Trump announced that Elon Musk will step away from his role in the Department of Government Efficiency (DOGE) during a press conference scheduled for May 30, 2025, at 1:30 P.M. EST. The statement, shared via a post on Truth Social from Trump’s verified account,…

Electric Shock: Tesla's Winning Streak Shakes Short Sellers
Model S

Tesla Model S Plaid 2025: New Design, Same Epic Power

Tesla is refining its flagship electric sedan, the Model S Plaid, with a prototype recently spotted lapping the Nürburgring in Germany. According to Autoblog, the 2025 refresh brings minor visual tweaks but leaves fans wanting more significant changes to keep pace with rising competition in the EV market. A Light Refresh for Tesla, a Performance…

Tesla

Used Tesla Prices Plummet as Resale Values Hit Record Lows in 2025

The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. According to a recent Forbes report, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now…

Tesla

Wedbush Analyst Raises Tesla Price Target to $500, Cites Autonomous Driving Boom

Wedbush analyst Dan Ives boosted Tesla’s price target from $350 to $500, spotlighting the electric vehicle giant’s leadership in autonomous driving technology as a key driver for growth. In an interview with Bloomberg, Ives shared his bullish outlook, emphasizing Tesla’s pivotal role in the AI and autonomy revolution—a development that could reshape the EV industry…

Tesla

JP Morgan Boosts Tesla Stake by 9.5% as EV Investments Surge

J.P. Morgan Chase increased its stake in Tesla by 9.5% (or 3.43 million shares) in the first quarter of 2025, according to its latest 13F filing with the SEC. The asset manager held 39,415,548 shares in Tesla as of March 31, 2025, a position worth approximately $13.7 billion. This move underscores J.P. Morgan’s continued confidence…

Lucid Gravity: Revolutionizing the EV Space with Unmatched Range and Style
Lucid

Lucid Pushes for Saudi Tariffs to Bolster Domestic EV Manufacturing

Lucid Group Inc., backed by Saudi Arabia’s sovereign wealth fund, is advocating for tariffs on foreign vehicles to strengthen the kingdom’s nascent auto manufacturing sector and reduce its heavy reliance on imports. Interim CEO Marc Winterhoff stressed the urgency of such measures during an interview at the Saudi-US Investment Forum in Riyadh, stating, “Not doing…

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