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Rivian filed to sell 75 million new Class A shares after Monday’s market close, a deal worth roughly $1.5 billion at the day’s $20.14 closing price. The company says the proceeds will fund general corporate purposes, including the equity contribution requirements tied to its Department of Energy (DOE) loan for the Georgia factory. The timing…
General Motors delivered 56,679 electric vehicles in the United States through the first six months of 2026, a 27.5 percent drop from the 78,167 units the same eleven nameplates recorded a year earlier. The company still holds the number two spot among US EV sellers, behind Tesla. The rest of GM’s business barely flinched. Total…
Tesla registered 12,173 new cars in the United Kingdom in June, the brand’s best June on record there and a 58% jump over the 7,719 it managed a year earlier, according to Society of Motor Manufacturers and Traders (SMMT) data published Monday, July 6, 2026. That volume handed Tesla 5.7% of the entire British new…
Bentley will call its first electric car the Torcal, the company announced from Crewe on July 6, 2026, ahead of a full reveal set for London on September 23. The name draws on El Torcal de Antequera, a limestone formation in Andalusia, Spain, and on the Latin torquere, to twist, the root of the modern…
Tesla launched the Model Y Long Wheelbase in the US and Puerto Rico today, a stretched, three-row, six-seat version of its best-seller with 325 miles of range and a 4.4-second 0-60 time. Tesla’s configurator lists it as the Model Y L Premium at $61,990, in Launch Series trim with all-wheel drive, sitting above the $57,990…
McMurtry Automotive unveiled the production version of the Speirling Pure, its all-electric track-only fan car, with US customer deliveries beginning in late 2026 and a starting price of $1.3 million. The headline numbers read like a physics dare: 1,000 bhp (745 kW) per McMurtry’s spec sheet, 0-60 mph in 1.55 seconds with a one-foot rollout,…
Rivian delivered 12,194 vehicles in the second quarter of 2026, up about 14% from the 10,661 it delivered a year ago and comfortably ahead of the 10,518 analysts expected, according to estimates compiled by Visible Alpha. And Rivian paired the beat with a bigger statement: it raised its full-year 2026 delivery forecast from 62,000-67,000 to…
Tesla delivered 480,126 vehicles in the second quarter of 2026, up 25% from a year ago and its fourth-best delivery quarter ever. Wall Street expected 406,024. Tesla beat its own compiled analyst consensus by 74,102 vehicles, an 18% overshoot that nobody on the sell side saw coming. The company also produced 451,758 vehicles and deployed…
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