Transportation
Tesla Builds Its 10 Millionth Electric Vehicle
Tesla has produced its 10 millionth electric vehicle, putting the company halfway toward a key production target tied to Elon Musk’s compensation package.
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Tesla has produced its 10 millionth electric vehicle, putting the company halfway toward a key production target tied to Elon Musk’s compensation package.
Ferrari’s first electric vehicle, the Luce, reached its annual sales target in just two months despite criticism following its public debut in May.
Saudi billionaire Prince Al Waleed bin Talal has acquired a 5% stake in Lucid Motors, adding to Saudi Arabia’s substantial investment in the US electric vehicle maker.
Two Volkswagen engineers have been charged with securities fraud after allegedly using confidential information about the company’s Rivian joint venture to profit from insider trading.
Rivian has sued the U.S. government seeking a full refund of tariffs paid under President Trump’s Liberation Day trade measures after the Supreme Court ruled them unconstitutional.
Tesla’s Robotaxi service logged fewer paid miles in the second quarter despite expanding into more cities, raising new questions about the pace of its autonomous vehicle rollout.
Ford will integrate Apple’s new MapKit for Automotive into its next-generation EVs, bringing native Apple Maps navigation and enhanced driver-assistance features.
Tesla delayed volume production targets for the Cybercab, Semi and Megapack 3 while increasing spending on AI, robotics and battery manufacturing despite higher revenue.
Tesla has expanded its robotaxi pilot to Orlando and Tampa, adding two Florida cities ahead of its second-quarter earnings announcement.
Several electric vehicles have been discontinued or cancelled in the U.S. this year as automakers respond to lower demand, tariffs, changing regulations and shifting business priorities.
The NTSB says the driver in a fatal Texas Tesla crash overrode the vehicle’s Full Self-Driving system by pressing the accelerator to 100%. Read the latest investigation findings.
Lucid Motors has denied reports that it is considering Chapter 11 bankruptcy, saying it has sufficient liquidity to support operations well into next year.
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