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Tesla

Huawei Launches $141,000 Maextro S800 EV to Redefine China’s Luxury Electric Vehicle Market

Huawei Technologies Co., in collaboration with Anhui Jianghuai Automobile Group Corp. (JAC), has unveiled the Maextro S800, a luxury electric sedan priced at 1.02 million yuan ($141,637), targeting China’s high-end EV market. Announced in Shenzhen on May 30, 2025, this launch positions Huawei as a formidable competitor to established luxury brands like Mercedes-Benz and Bentley,…

Tesla

Public EV Charger Reliability Hits 84% Success Rate in 2025, J.D. Power Reports

For the first time in four years, public EV charger performance in the U.S. has shown significant improvement, reaching an 84% success rate in the first quarter of 2025, according to a recent J.D. Power study. This marks a notable decrease in failure rates from 20% since 2021 to 16% this year, offering a boost…

Tesla

Kimbal Musk Sells $31M in Tesla Stock as Board Members Cash Out Nearly $200M

Kimbal Musk, Tesla board member and younger brother of CEO Elon Musk, sold $31 million in Tesla stock on Tuesday, May 27, 2025, as part of a larger $199 million sell-off by Tesla insiders. The transactions, detailed in a recent Fortune article, occurred during a significant rally for the electric vehicle (EV) maker, spotlighting Kimbal’s…

Tesla

Tesla Slams GOP Megabill: Clean Energy Tax Credit Cuts Threaten EV and Solar Growth

On May 30, 2025, Tesla and its CEO Elon Musk publicly criticized a Republican megabill that aims to eliminate clean energy tax credits, a move that could disrupt the electric vehicle (EV) and solar industries. The House-passed reconciliation package, which would end residential solar credits and EV incentives by the end of the year, has…

Ford F-150 Lightning Outpaces Tesla Cybertruck in Q1 2025 EV Pickup Race
Michigan

Ford Warns GOP Tax Bill Could Jeopardize $3 Billion EV Battery Plant in Michigan

Ford Executive Chair Bill Ford has raised concerns over a new GOP tax bill that could eliminate critical tax credits for electric vehicle (EV) battery production, potentially derailing a $3 billion investment in a Marshall, Michigan, factory. Speaking at a policy conference, Ford highlighted the risk to the plant, which is 60% complete and set…

Hyundai

Hyundai’s 1% Price Hike on US EVs Signals Tariff Pressures for Electric Vehicle Owners

Hyundai Motor Co. is set to raise the price of all its US vehicles, including electric models, by 1% as early as next week, a move aimed at cushioning the impact of tariffs imposed by President Donald Trump. The South Korean automaker’s decision, reported by Bloomberg, comes as the industry braces for increased costs, potentially…

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,…

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