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The Latest Breaking News from electric vehicle

Tesla Tanks $68 Billion As Elon Musk Unveils 'America Party'—Investors Rattle Over Political Pivot, Trump Backlash Adds Fuel

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk‘s announcement of a new political party has had a significant impact on the electric vehicle maker. The company’s stock plummeted by 6.79% on Monday, resulting in a loss of over $68 billion in market capitalization.

Benzinga

Trump Vs. Bezos: How 'Big Beautiful Bill' May Wreck $20K EV Dream

An electric vehicle company backed by billionaire Jeff Bezos is one of the companies that will be hurt by the ending of the $7,500 federal tax credit.

Benzinga

Honda's Big Electric SUV Is Reportedly Dead

There's been a noticeable shift in the automotive industry this year. Automakers are rethinking their roadmaps that had put them on a path toward full electrification. Electric vehicle adoption is slowing in the United States, and the federal tax incentives are set to disappear soon. That makes pouring billions of…

Motor1

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Tesla Troubles Amplified By Musk's Party Politics: ETFs On Edge

Tesla Inc. (NASDAQ:TSLA) is back in the headlines, this time with a volatile combination of sagging fundamentals and political drama fueling the narrative. The electric vehicle behemoth delivered a dismal year-over-year delivery decline in company history days before CEO Elon Musk took to social media platform X to announce the…

Benzinga

EVs Will Decimate Big Oil. Even Without U.S. Tax Credits.

Electric vehicles are already displacing millions of barrels of oil per day globally. Oil demand is expected to fall spectacularly over the next decade.

InsideEVs

What to know about buying electric vehicles after the federal tax incentives end

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles

The Independent UK

Tesla’s historic decline under Elon Musk in seven charts

IN FOCUS: Tesla is no longer the world’s leading electric vehicle maker after a record-breaking drop in sales. As analysts predict more woes for the US firm, Anthony Cuthbertson charts the recent demise of Musk’s most valuable company

The Independent UK

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‘Combustion Engine Cars Will Be Like the Steam Engine,’ Says Elon Musk Now That 97% of All New Car Sales in Norway Are Electric

Norway’s near-total shift to electric vehicle sales signals a transformative moment for the global automotive industry, with major implications for combustion engines.

Barchart

Tesla sales slump once again as Musk pays price for Trump ties

Tesla’s biggest rival BYD saw electric vehicle sales hit new high in June

The Independent UK

Tesla Reports Lower Car Sales But Figures Better Than Feared

Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk's political activities.

International Business Times

Surprise EV Tax Credit Deadline May Hit Buyers Harder Than Expected

If the Big Beautiful Bill passes, the EV tax credit would end on Sept. 30. Start making plans now to figure out your next new or used electric vehicle purchase.

InsideEVs

Where does the UK most need more public EV chargers?

The automotive and EV industry has repeatedly insisted that the UK needs more electric vehicle (EV) chargers to help motorists make the switch from conventional fossil-fuel burning cars.

The Conversation

Trump Says Elon Musk Would 'Close Up Shop And Head Back Home To South Africa' Without Subsidies: 'No More Rocket Launches, Satellites, Or Electric Car'

President Donald Trump launched a criticism of electric vehicle mandates and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Tuesday, suggesting his former government efficiency advisor’s empire depends entirely on federal subsidies.

Benzinga

Robinhood, Apple, Oracle, Plug Power And Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Monday, major U.S. indices closed in positive territory, with the Dow Jones Industrial Average rising 0.6% to 44,094.77. The SP 500 gained 0.5% to finish at 6,204.95, while the Nasdaq also advanced 0.5%, ending the session at 20,369.73.These are the top stocks that gained the attention of retail traders…

Benzinga

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AAP

Sparks fly over competition in electric car charging

Australian drivers need more access to electric car chargers, an inquiry has heard, but companies are split over who should be allowed to deliver them.

Benzinga

Trump's Tariffs, Boeing's Blowout, Tesla's Robotaxi, BYD's European Triumph And GM's Massive Recall: This Week In Mobility

The past week has been a rollercoaster ride in the world of business and finance. From trade negotiations to aviation incidents, autonomous vehicle launches to electric vehicle sales, and massive vehicle recalls, the news cycle has been anything but dull.

The Conversation

Battery swapping stations powered by solar and wind: we show how this could work for electric vehicles in South Africa

Petrol and diesel vehicles are being phased out globally and replaced with electric vehicles so that countries can meet their commitments to zero human-caused carbon emissions by 2050. But electric vehicles’ batteries run down quickly and take a long time to recharge. One solution is battery swapping systems, where depleted…

Clever Dude

Why Some Electric Vehicles Explode After Being Parked Overnight

News flash: fires with electric vehicles (EVs) still happen. While you may be thinking, what could possibly catch fire on an EV? There’s no gasoline to ignite, right? Well, there are some things that can catch fire, believe it or not. And EV fires are much harder to extinguish than…

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Benzinga

Tesla Stock Is Sliding Wednesday: What's Going On?

Tesla Inc. (NASDAQ:TSLA) shares are trading lower Wednesday after the electric vehicle maker reported its fifth consecutive month of declining sales in the European market.

Benzinga

Mullen Automotive (MULN) Stock Surges After Announcing Acceptance Of Bitcoin And TRUMP Coin For EV Purchases

Shares of Mullen Automotive Inc (NASDAQ:MULN) are volatile Wednesday after the electric vehicle maker announced it will now accept cryptocurrency, including Bitcoin and the meme coin TRUMP, for vehicle purchases.

InsideEVs

EV Charger Funding Finally Gets Some Good News

A judge has ordered the Trump administration to release billions in funding for electric vehicle chargers, after it unilaterally ended the NEVI program.

Benzinga

BYD Scales Back Production Amid Profit Concerns, Rising Inventory in China

BYD Co Ltd (OTC:BYDDY) (OTC BYDDF), the Chinese electric vehicle (EV) leader, has reportedly cut back on production at its Chinese facilities due to concerns over profitability, slowing sales, and rising inventory levels.

The Independent UK

Federal judge orders Trump administration to release EV charger funding in 14 states

A federal judge has partially granted a preliminary injunction that sought to release funds for the build out of electric vehicle chargers in more than a dozen states

The Guardian - US

Judge blocks Trump from withholding EV charger funds awarded to 14 states

Trump officials had ordered states not to spend $5bn given by Biden under national EV infrastructure scheme

Radio France Internationale

DR Congo extends cobalt export ban by three months

The Democratic Republic of Congo has extended by three months a ban on exports of cobalt in a bid to curb oversupply of the electric vehicle battery material, the country's regulatory agency has said.

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