Every EVXL story tagged “California” — newest first.
A groundbreaking study from Yale University economists has quantified for the first time how CEO Elon Musk’s partisan political activities directly damaged Tesla’s U.S. sales. The National Bureau of Economic Research working paper concludes Tesla would have sold between 1 million and 1.26 million additional vehicles from October 2022 through April 2025 without what researchers…
Morgan Stanley’s Adam Jonas suggested Tesla’s shareholder proposal to invest in xAI represents strategic exploration rather than commitment, maintaining his bullish stance on the EV maker with an $800 price target ahead of the November 6 vote. Morgan Stanley analyst Adam Jonas issued a new investor note today framing Tesla’s upcoming shareholder vote on investing…
The National Highway Traffic Safety Administration is seeking information from Tesla about its newly released “Mad Max” Full Self-Driving mode after drivers reported on social media that vehicles using the aggressive setting routinely exceed posted speed limits. The inquiry comes as NHTSA investigates 2.9 million Tesla vehicles equipped with FSD following 58 reports of traffic…
Rivian has agreed to pay $250 million to settle a 2022 class-action lawsuit that accused the electric vehicle maker of misleading investors about vehicle pricing during its blockbuster 2021 initial public offering, according to a court filing Thursday. The settlement arrives at a critical juncture for the struggling EV startup. On the same day it…
Rivian Automotive is laying off approximately 600 employees—roughly 4.5% of its workforce—as the electric vehicle maker faces mounting pressure from the September 30 expiration of federal EV tax credits and a broader slowdown in EV demand. The layoffs, first reported by The Wall Street Journal, mark the third workforce reduction in just four months for…
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…
General Motors unveiled plans today to bring eyes-off autonomous driving to the Cadillac Escalade IQ electric SUV by 2028, marking a dramatic strategic shift after shutting down its $10 billion Cruise robotaxi business. The announcement positions GM to compete directly with Tesla’s Full Self-Driving technology as the American EV market struggles following the expiration of…
Tesla’s electric door and flush-handle systems are raising safety concerns after several crashes in which occupants and rescuers could not exit or access vehicles when power failed, according to Bloomberg. The technology trade-off threatens both user safety and regulatory scrutiny. Sleek Design, Hidden Risks Tesla’s flush exterior handles and electrically actuated door systems were designed…
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