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Model Y

Tesla Unveils Cheaper Model Y at $37,490 After Tax Credit in the U.S.

On May 6, 2025, Tesla launched a more affordable version of its popular Model Y, pricing the long-range rear-wheel drive variant at $44,990, which drops to $37,490 after a $7,500 federal tax credit. This move, reported by Reuters, aims to boost sales amid a 13% quarterly sales drop—the weakest in nearly three years—driven by rising…

Tesla

Tesla’s Battery Storage Revenue Surpasses EV Sales in Australia for 2024

In a striking shift, Tesla’s battery storage division in Australia generated more revenue than its electric vehicle (EV) sales in 2024, highlighting the growing role of energy storage in the company’s portfolio. According to Tesla Motors Australia’s annual report filed with the Australian Securities and Exchange Commission, total revenue reached $5.1 billion, with battery storage…

Electric Vehicle Registrations Surge 20% in March Amid Tariff Concerns
Ford

Ford Raises Prices on Mexico-Made EVs Amid Trump Tariffs: What It Means for Owners

Ford Motor has increased prices on three of its Mexico-produced electric vehicles (EVs), including the Mustang Mach-E, due to tariffs imposed by U.S. President Donald Trump. The automaker announced the price hikes on May 7, 2025, citing mid-year pricing adjustments and the economic pressures of the tariffs, according to a Reuters report. This move signals…

Canada

Oneida Energy Storage Powers Canada’s EV Future with 250 MW Battery Facility

On May 7, 2025, Northland Power Inc. announced the commercial operation of the Oneida Energy Storage Project, Canada’s largest battery energy storage system, located in Haldimand County, Ontario. This 250 MW / 1,000 MWh facility, completed ahead of schedule and under budget, strengthens grid reliability and supports the growing electric vehicle (EV) ecosystem by storing…

Tesla's "Full Self-Driving" Name Defended in Court. Photo courtesy of Tesla.
Tesla

Tesla’s China-Made EV Sales Drop 6% in April Amid Rising Competition

Tesla’s electric vehicle (EV) sales in China took a hit in April, falling 6% year-over-year, as the U.S. automaker faces fierce competition from Chinese rivals and struggles with a tarnished image in Europe, according to a recent Reuters report. This marks the seventh consecutive month of declining sales for Tesla’s China-made vehicles, highlighting the challenges…

Tesla Chair Robyn Denholm Sells $32M in Stock Amid EV Giant’s Turbulent Times
Germany

Tesla’s UK and Germany Sales Hit Two-Year Low in April Amid Rising EV Demand

In a surprising turn for the electric vehicle (EV) industry, Tesla’s new car sales in the UK and Germany dropped to their lowest levels in over two years in April 2025, despite a broader surge in EV demand across Europe. According to Reuters, Tesla (TSLA.O) saw a 62% sales decline in Britain and a 46%…

Germany

Tesla’s German EV Sales Plummet by 45% in April Amid Rising Competition

In a striking blow to Tesla’s European market share, the electric vehicle (EV) giant saw its German sales drop by nearly half in April 2025, despite an overall surge in battery electric vehicle registrations. Data from Germany’s road traffic agency, the KBA, reveals Tesla’s challenges as competitors like China’s BYD gain ground, raising questions about…

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