Trump’s Tariffs Are Already Derailing The Auto Industry
Layoffs, shipment pauses and production stoppages are already happening. And it hasn’t even been a week since the tariffs took effect.
Layoffs, shipment pauses and production stoppages are already happening. And it hasn’t even been a week since the tariffs took effect.
Tesla CEO Elon Musk and Donald Trump top trade advisor Peter Navarro have locked horns about the administration’s tariffs, which have resulted in a wide selloff on Monday. Musk has criticized Navarro for his inexperience in building things, while the trade advisor threw some shade towards Musk over the CEO’s Read more
Tesla’s long-promised battery add-on has disappeared from its website without a word.
Tesla battery supplier LG Energy Solution reports a 138% rise in Q1 operating profits, buoyed by tax credits. The South Korean firm estimated an operating profit of 374.7 billion won ($255 million) for January to March, up from 157.3 billion won ($107 million) a year ago. The figure trounces the Read more
Tesla’s ecological paradise near Giga Texas moves forward with detailed plans submitted to Travis County. Tesla’s sprawling outdoor space, long teased by CEO Elon Musk, will have walking and biking trails, a riverfront boardwalk, fishing areas, a playground, and an orchard. According to the Travis County report obtained by Bloomberg, Read more
Elon Musk, who already suggested Tesla invest in xAI, is now setting the stage for the public company under his control to grossly overpay for xAI, a private company under his control that just absorbed Twitter (X). Anyone invested in a mutual fund that owns Tesla shares could be about Read more
Specialized has announced a voluntary recall for several of its popular Turbo e-bike models after identifying a safety issue with the chain guard that could pose a fall risk to riders. The culprit? A clothing-eating drivetrain setup that may be a bit too hungry for its own good. more…
America’s sketchiest televangelists are back for a final season on HBO. Here’s why you keep seeing them driving Rivians.
Chinese media has spent some time with the small crossover meant for Europe, but it’s not all sunshine and rainbows.
Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down. more…