Elon Musk is starting to realize, or at least admit, that Trump and the GOP are going to hurt Tesla greatly by removing battery and solar incentives without removing incentives for fossil fuels. Many people were shocked when Elon Musk decided to back Donald Trump and the Republican Party, considering they have consistently attacked clean… Continue reading Elon Musk is starting to realize Trump and GOP are killing Tesla
Author: Electrek Newsfeed
The 2025 Honda Prologue EV just got $16,500 cheaper to buy or lease
Thinking about driving a 2025 Honda Prologue EV? You’re in luck – CarsDirect says you could score up to $16,500 off, plus 0.99% financing. Honda just sweetened the deal on its 2025 Prologue electric SUV, and it might be the best lease yet. As of May 23, the 2025 Honda Prologue EV has an extra… Continue reading The 2025 Honda Prologue EV just got $16,500 cheaper to buy or lease
GM takes over as the ‘#1 EV seller’ in Canada
After its electric vehicle sales more than doubled in the first quarter, GM claims it’s now the “#1 EV seller” in Canada. With a full lineup of 13 all-electric vehicles, GM sold more EVs than Tesla in Canada. GM tops Tesla to become the #1 EV seller in Canada in Q1 GM’s electric vehicle sales… Continue reading GM takes over as the ‘#1 EV seller’ in Canada
Tesla has been testing robotaxi service without drivers for ‘several days’, says Elon Musk
Tesla has started testing its robotaxi service in Austin, Texas without safety drivers over the last few days, according to Elon Musk. The automaker reportedly aims to launch its robotaxi service on June 12. Earlier this month, it was reported that Tesla had yet to start testing its planned robotaxi service in Austin without safety… Continue reading Tesla has been testing robotaxi service without drivers for ‘several days’, says Elon Musk
Tesla’s sales fall 87% in Quebec as its market gets wiped out
Tesla’s sales have fallen 87% in Quebec in the first quarter 2025 compared to the same period last year. The critical Canadian market has been wiped out, and Tesla is no longer importing new vehicles. Quebec is the leading EV market in Canada, with the highest adoption rate of new electric vehicles. That’s due to… Continue reading Tesla’s sales fall 87% in Quebec as its market gets wiped out
Toyota is ‘loading the bases’ with a wave of new hybrid, PHEV, and EVs
With a new lineup of electrified vehicles, including plug-in hybrid (PHEV), hybrid, and EV models, Toyota is swinging for the fences. By offering every powertrain option, Toyota believes it has a better chance of hitting a home run. Will it hit it out of the park, or is Toyota setting itself up for a swing… Continue reading Toyota is ‘loading the bases’ with a wave of new hybrid, PHEV, and EVs
Nissan claims buyouts for workers at US EV plant are a ‘crucial’ part of its comeback
The struggling carmaker is urgently cutting costs as it looks to turn things around. Nissan is offering buyouts to US workers at its Canton, Mississippi, plant, citing it as a “crucial” part of its comeback plan. Nissan offers buyouts for US workers at its Canton plant Nissan has been in the spotlight over the past… Continue reading Nissan claims buyouts for workers at US EV plant are a ‘crucial’ part of its comeback
Tesla is losing money insuring its own cars
Tesla’s insurance products are currently unsustainable, according to a new report that shows the company is losing money insuring its own cars. Tesla vehicles have long had a reputation for being expensive to insure. The automaker tried to address the situation on multiple fronts. It launched its own “collision centers” to try to control repair… Continue reading Tesla is losing money insuring its own cars
Two Tesla (TSLA) insiders close to Elon Musk just sold almost $200 million worth of stocks
Two Tesla board members close to Elon Musk, Ira Ehrenpreis and Kimbal Musk, just sold almost $200 million worth of Tesla (TSLA) stocks. Tesla board members are known for their generous stock compensation and for quickly selling it when it vests. They settled a lawsuit brought by shareholders who alleged they were overcompensated, and they… Continue reading Two Tesla (TSLA) insiders close to Elon Musk just sold almost $200 million worth of stocks
Tesla can’t buy land in Australia because CEO Elon Musk is so ‘[redacted]’
Tesla is trying to use a piece of property in Australia, near Adelaide, in order to build a battery factory and Tesla showroom. But it’s facing steep opposition from locals, most of whom cite dissatisfaction with Tesla CEO Elon Musk as their reason to oppose the project. The plans center on Marion, a small city… Continue reading Tesla can’t buy land in Australia because CEO Elon Musk is so ‘[redacted]’