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Uber Launches $4,000 EV Grants For Drivers As Federal Tax Credit Expires
Tesla

Uber Launches $4,000 EV Grants For Drivers As Federal Tax Credit Expires

Uber is launching a $4,000 grant program for drivers purchasing electric vehicles in select states, stepping in just as the federal EV tax credit vanished from the market. The ride-hailing giant announced Wednesday it’s rebranding “Uber Green” to “Uber Electric” while rolling out its Go Electric grants to drivers in California, New York, Colorado, and…

Tesla Q3 Earnings: Record Deliveries Hide Looming Post-Tax Credit Reality
Tesla

Tesla Q3 Earnings: Record Deliveries Hide Looming Post-Tax Credit Reality

Tesla is poised to beat Wall Street expectations when it reports third-quarter earnings Wednesday, riding record vehicle deliveries and energy storage deployment. But for EV enthusiasts watching the company’s trajectory, the real story isn’t the numbers—it’s what comes next. The electric vehicle maker delivered 497,099 vehicles in Q3, crushing analyst estimates and marking one of…

China's EV Market Now Belongs to Chinese Brands, and Detroit Just Took a $25 Billion Hit to Prove It - BYD's Price Cuts Under Fire: China's Bold Move Against EV Overcapacity
China

BYD’s Price Cuts Under Fire: China’s Bold Move Against EV Overcapacity

Hey EV fans, tired of Tesla’s pricing games? China’s got bigger drama: officials are begging makers like BYD and XPeng to quit the price wars before they tank the whole industry. China is urging its electric vehicle industry to stop cutting prices and rein in production amid fears that persistent deflation is imperilling economic growth.…

Hybrids Take Lead as Electric Vehicle Sales Plummet in California—A Wake-Up Call for EV Industry
Tesla

Tesla Fights Back in Spain with 27% Jump as EV Market Skyrockets 155%

EV owners, rejoice (or worry?): Spain’s Tesla sales jumped 27% in July, but the real story is electrified vehicles skyrocketing 155%. Here’s why it matters to you. In July 2025, Tesla’s new car sales in Spain jumped 27% year-over-year, reaching 702 vehicles, according to registration data from industry group ANFAC. This growth aligns with a…

Model Y

Tesla Sales Plunge Across Europe Despite Model Y Update Amid Regulatory Hurdles

Tesla registrations tumbled in several European countries in July, even after the company introduced a refreshed Model Y, as CEO Elon Musk’s political stance, stricter regulations, and intensifying competition weigh on demand. This downturn highlights broader challenges for the electric vehicle giant in a market shifting toward affordable rivals, reports Reuters. Sharp Declines in Major…

Porsche's Electrifying Feat: Taycan Sets New Nürburgring Record
Porsche

US Tariffs Crush Mercedes and Porsche EV Dreams: Profit Warnings Amid China Price War Shock

Imagine shelling out for a sleek Porsche Taycan, only for tariffs to jack up prices – that’s the harsh reality hitting Mercedes and Porsche as they slash profit forecasts amid US trade blows and China’s cutthroat EV battles. Mercedes-Benz Group AG and Porsche AG have revised their annual profit expectations downward, highlighting the impact of…

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…

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