Tesla has its best sales quarter ever as EV tax credit expires
The tax credit’s expiration on September 30 motivated buyers to take advantage of the $7,500 incentive, giving Tesla a shot to return to sales growth in 2025.
electric vehicles
Explosion, vehicle fire rock Faraday Future’s LA headquarters
There were no injuries, but the building has been deemed unfit for occupation. Faraday’s landlord is currently trying to find a new tenant as the EV startup’s lease is expiring.
Tesla asks EPA not to roll back emissions rules as Trump calls climate change a ‘con job’
The company’s regulatory policy team is trying to clean up a mess that CEO Elon Musk spent $300 million to help create.
Telo raises $20 million to build tiny electric trucks for cities
The round was co-led by designer Yves Béhar and Tesla co-founder Marc Tarpenning, who helped get Telo off the ground in 2022.
EV Realty is betting the missing link in electric trucking is real estate
EV Realty wants to create a new class of real estate investment by building charging hubs on parcels near warehouses with power to spare.
Tesla is redesigning its door handles following safety probe, Bloomberg investigation
Chief designer Franz von Holzhausen said Wednesday that the company is “working on” combining the electronic and manual door releases after owners have reported getting trapped.
Rivian breaks ground on $5B Georgia factory ahead of construction in 2026
While largely ceremonial, it’s an important step for a project that has dealt with a lot of uncertainty the last few years. Rivian R2 SUVs will roll off the line in 2028.
Tesla probed for potentially faulty door handles
The National Highway Traffic Safety Administration has received nine reports from owners who couldn’t access their cars, including from parents whose children were stuck inside.
Arc gets its first major order for electric tugboats worth $160M
It’s a big step in the company’s ambitous plan to electrify all watercraft.
Tesla proposes new pay package for Elon Musk worth up to $1T
Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker’s car business stumbles and it sets its sights on humanoid robotics and AI.