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Starting from 2025, Nissan vehicles will be equipped with the Tesla-developed North American Charging Standard (NACS) port. This is a strategic step towards Nissan’s target of making 40% of U.S. vehicle sales fully electric by 2030.
Nissan

Nissan Shocks EV World: Wuhan Plant to Cease Production by March 2026

Nissan Motor is set to halt vehicle production at its Wuhan plant in China by March 31, 2026, a decision that marks a significant retreat for the Japanese automaker in the world’s largest electric vehicle (EV) market. According to two sources with knowledge of the plan, as reported by Reuters, the move comes amid fierce…

Model 3

Tesla Refunds Indian Model 3 Bookings, Signaling Imminent Market Entry for EV Enthusiasts

Tesla Inc. is refunding early Model 3 bookings in India, a move that has sparked excitement among electric vehicle (EV) enthusiasts as it hints at the automaker’s long-awaited entry into the world’s third-largest automobile market. According to a Bloomberg report, the Elon Musk-led company is returning reservation fees to customers who booked as early as…

Tesla

Tesla Stock Faces Challenges Beyond the Model Q Launch, Investors Warn

On April 24, 2025, Tesla’s stock rose 1.9% to $255.54 in early trading, buoyed by optimism surrounding its product lineup expansion in 2025, according to a Barron’s report. However, investors and analysts caution that the electric vehicle maker’s upcoming Model Q—a lower-priced model slated for the first half of 2025—may not suffice to address deeper…

Nissan Overhauls Leadership, Taps Americas Chief Papin as New CFO Amid Turnaround Efforts
Nissan

Nissan Faces Record $5.26 Billion Loss as Restructuring Hits Hard

Nissan Motor Co. projects a staggering net loss of 700 billion to 750 billion yen ($4.91 billion to $5.26 billion) for the financial year ending March 2025, driven by massive impairment charges and aggressive restructuring, Reuters reported. This marks the automaker’s largest-ever deficit, dwarfing its prior 80 billion yen loss forecast, as new CEO Ivan…

Tesla's California market share fell to 9.9% in 2025 as Toyota rose to No. 2. Discover why registrations dropped 11% despite Model Y’s segment dominance. - NHTSA Launches Investigation into Deadly Tesla Incident
Tesla

Trump Grants Auto Industry Tariff Exemptions, Easing EV Supply Chain Pressures

President Donald Trump’s administration has announced exemptions for U.S. automakers from certain tariffs, a significant concession following intense lobbying by industry leaders concerned about rising electric vehicle (EV) costs and supply chain disruptions, according to the Financial Times. This decision, which spares car parts from fentanyl-related tariffs on Chinese imports and steel and alumi

Tesla

Tesla Q1 2025 Earnings: Autonomy Milestones, Affordable Models, and Financial Strength Amid Challenges

Tesla’s Q1 2025 earnings call, held on April 22, 2025, revealed a mix of ambitious milestones and cautious optimism as the electric vehicle (EV) giant navigates economic uncertainty, trade policy shifts, and global market challenges. With a record $37 billion in cash reserves and significant progress in autonomy, Tesla is positioning itself for transformative growth…

Tesla Misses Q1 2025 Earnings, Investors Await Musk’s Strategic Update - Tesla Ramps Up Cybertruck Production at Giga Texas
Tesla

Tesla Misses Q1 2025 Earnings, Investors Await Musk’s Strategic Update

Tesla reported disappointing first-quarter earnings on April 22, 2025, with earnings per share (EPS) and revenue falling short of analyst expectations, intensifying scrutiny on CEO Elon Musk’s upcoming conference call. Investors.com reported that shares dipped slightly in after-hours trading as stakeholders anticipate clarity on Tesla’s affordable electric vehicle (EV) model, robotaxi rollout, and

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

Tesla Faces Profit Dip and Market Challenges in Q1 2025 Amid Musk’s Political Role

Tesla’s anticipated first-quarter 2025 earnings, set for release on April 22, signal a slight decline in net profit to below $1.1 billion, down from the same period in 2024, intensifying scrutiny on CEO Elon Musk’s divided attention between the automaker and his advisory role in President Trump’s administration, reports The New York Times. Slumping Sales…

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