Every EVXL story tagged “Elon Musk” — newest first.
Tesla announced its annual shareholder meeting for November 6, responding to mounting investor concerns over governance and strategic shifts, including the integration of xAI’s Grok chatbot into its vehicles. This development comes as the electric vehicle maker navigates sales challenges and pivots toward advanced technologies, Reuters. Investor Push Prompts Meeting Date A group of 27…
Tesla has not submitted applications for the necessary permits to operate driverless taxis in California, according to state regulators, even as CEO Elon Musk projects an expansion to the San Francisco Bay Area in the coming months, reports Reuters. This development highlights ongoing challenges in deploying autonomous vehicle technology amid varying state requirements. California’s Strict…
Shares of Tesla, a leading electric vehicle (EV) manufacturer, are set to drop sharply after CEO Elon Musk announced the formation of a new political party, the “America Party,” raising fears among investors that his political ventures could harm the company’s brand and focus. According to The Guardian, Tesla’s stock fell over 7% in pre-market…
Tesla’s dominance in electric vehicle (EV) production is poised to yield significant profits from Canada’s new zero-emission vehicle (ZEV) mandates, fueling tensions with traditional automakers. According to a recent analysis, Tesla earned $2.8 billion globally in 2024 from selling compliance credits, a figure that accounted for 40% of its profit. As Canada tightens ZEV regulations,…
In June 2025, Tesla’s UK sales climbed 3.7% to 7,700 vehicles, a modest recovery after a sluggish first half, according to data from the Society of Motor Manufacturers and Traders (SMMT). This uptick follows a 1.3% year-to-date decline, with 22,700 Tesla vehicles registered in the UK through June. The broader electric vehicle (EV) market also…
On July 3, 2025, shares of Rivian Automotive Inc. and Lucid Group Inc. surged by up to 4.6% and 8.8%, respectively, following a BNP Paribas analysis suggesting that the electric vehicle (EV) manufacturers could benefit from President Donald Trump’s tax bill, which eliminates the $7,500 EV tax credit after September 30, 2025. Bloomberg reports that…
In June 2025, Tesla’s sales in Germany dropped by a staggering 60%, with only 1,860 vehicles sold compared to the previous year, according to the German road traffic agency KBA. Despite a robust 8.6% rise in overall battery electric vehicle (EV) registrations, Tesla’s decline highlights mounting challenges for the U.S. automaker in Europe’s largest car…
On July 2, 2025, Lucid Group, Inc. reported a 38% increase in second-quarter vehicle deliveries, reaching 3,309 electric vehicles (EVs), up from 2,394 in Q2 2024. However, the figures missed Wall Street’s expectations of 3,611 units, reflecting challenges in the luxury EV market as economic pressures push consumers toward cheaper hybrids and gas-powered cars, according…
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