Faraday Future faces potential SEC enforcement action after three-year probe
The troubled EV startup, its founder, and the founder’s nephew are all in the financial regulator’s crosshairs.
The troubled EV startup, its founder, and the founder’s nephew are all in the financial regulator’s crosshairs.
The factory’s overhaul will give U.S. LFP production a significant boost.
Tesla may finally start selling its EVs in India with a showroom slated for Mumbai.
Slate auto burst onto the scene in April 2025. Here is a timeline that covers its origins, backers, product, and other new details.
Also, the micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital.
Rivian has opened customer orders for its second-generation quad-motor R1S and R1T EVs.
Slate Auto has updated its website after Congress passed President Trump’s tax cut bill, which will eliminate the federal EV tax credit.
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump’s tariffs and trade wars.
GM’s EVs were popular in the second quarter, a complete contrast to the struggles by Ford, Tesla, Hyundai, and Kia to grow electric vehicle sales.